Operational Update

Ovoca Gold PLC
28 December 2007




                                 Ovoca Gold plc

                               Operational Update


Ovoca Gold Plc (AIM: OVG; IEX: OVX) ('Ovoca' or the 'Company') announces that it
has surrendered two licenses covering the Porosozero Property (License No MUR
13426 BP) and the Kontozero Property (License No MUR 00717 BP) in the Kola
Peninsula, Russia. Ovoca has fulfilled all of its licence obligations and
surrendered the licenses in accordance with the procedures of the Federal Sub-
Soil Agency.

Ovoca Gold will continue to focus exploration activity at Kola on the two
retained licenses covering the Kolmozero-Voronye and South-Western
Kolmozero-Voronye Properties.



Ovoca Resources Plc is an international exploration company with dual listing in
London (OVG.L) and Ireland (OVX.IR), exploring for Precious and base metals in
                                    Russia.



For further information please visit www.ovocagold.com or contact:

Leonid Skoptsov - Ovoca Gold Plc               John O'Connor - Ovoca Gold Plc
Tel + 7 (0)495 648 2646                        Tel: [phone]
Email: [e-mail]           Email: [e-mail]




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