Re: Exploration Results etc

Ovoca Resources PLC
15 December 2004

15 December 2004







                 Ovoca Resources plc ('Ovoca' or the 'Company')



                 OVOCA RESOURCES ANNOUNCES EXPLORATION RESULTS

                      AND INCREASES LAND POSITION IN SWEDEN







Ovoca Resources Plc (Ovg.i Dublin : Ovg.l London) is pleased to announce the
results of recent Exploration in Northern Sweden and the acquisition of two new
exploration concessions.  With completion of the 2004 field season, there has
been significant progress on the 'Gold Line' portfolio with drill targets
identified.



Krokliden - Sjoliden Concession Areas



Prospective land package adjacent to the north and east concession boundary of
Dragon Mining's Svartliden gold mining operation. Work completed this year by
Ovoca comprises geological mapping, boulder tracing, surface rock geochemical
sampling and closed spaced ground magnetic survey.



Project Highlights

       Extension of magnetic anomaly hosting mineralisation at Svartliden along
strike into the Krokliden concession.

       Identification of two separate magnetic anomalies to the north west of
the mine, displaying a well defined gold in till geochemical anomaly
corresponding with the magnetic features.

       Two new untested gold in bedrock anomalies at Sjoliden.

       Linear geophysical anomaly.

       Environmental Permits in place for trenching and drilling programmes at
Krokliden and Sjoliden, which will commence in the first part of 2005.



Klippen Concession



Re-evaluation of previous work combined with surface sampling and mapping have
resulted in the identification of three new untested base of till gold
anomalies, and two zones that will require direct drill testing.



Nottjarn Concession



The reconnaissance geological mapping and geochemical sampling has been
completed.  These results have indicated two different target types, as reported
in August.



1.       Mesothermal quartz veins with values of 12.8 g/t gold, 26 g/t silver
and 1.1 % copper.



2.       Porphyry style copper - gold mineralisation with values of 0.48 g/t
gold, 3 g/t silver, 0.4% copper and 0.04% molybdenum.



A detailed ground magnetics survey has since been completed and this has
outlined an extension of the contact zone that hosts the mineralisation above.
The area is covered by deep till and will require a base of till sampling
programme to test continuity of mineralisation along the contact zone.







Forsthuvudberget and LilliTM¿n Norra Concessions



High gold and copper values from rock samples have resulted in the acquisition
of two new exploration concessions by Ovoca.



The two new concessions are located within the Boden area of Northern Sweden,
approximately 150 Km north of the historic Skelleftea base metal mining
district.  The areas were identified through a combination of GIS target
generation, research at the Swedish Geological Survey archives and
reconnaissance exploration by Ovoca in late 2004.



The Forsthuvudberget concession (610 ha) is dominated by a sequence of mafic to
intermediate volcanics in contact with a felsic intrusive.  Bedrock grab samples
taken from the contact zone returned maximum values of 6.7 g/t gold and 1.47%
copper.  A total of ten samples were collected and all displayed anomalous gold
values.



The LilliTM¿n - Norra concession (1062 ha) is characterised by a similar
geological setting to Forsthuvudberget.  Preliminary work in the 1970's
culminated in the drilling of two diamond holes.  The area is dominated by
extensive till cover, however first pass sampling by Ovoca has returned gold
values of 1.26 g/t.



The newly acquired ground increases Ovoca's land holding in northern Sweden to
28,231 hectares



Richard O'Shea, Ovoca's CEO, commented, "I feel that 2004 has been a successful
year of exploration on the 'Gold Line' in Sweden. We are highly encouraged by
our results, and also by the results recently announced by other operators along
the 'Gold Line'. With Dragon Mining's Svartliden Mine going into production
early in 2005, we feel that the 'Gold Line' has the potential to become a major
gold producing area.  Ovoca has developed an extremely prospective portfolio of
exploration projects in Sweden.  The acquisition of the five new claims has
allowed us to strengthen our land position in the face of increased competitor
activity and maintain our position in the 'Gold Line'. We are now in a position
where we have three high priority targets that will require drill testing. I
look forward to Ovoca building and developing on these first year exploration
results in 2005."



Enquiries



Richard O'Shea CEO

Ovoca Resources plc

+ 353 (87) 256 0397



John O'Connor CFO

Ovoca Resources plc

+ 353 (1) 491 2944





This announcement has been issued through the Companies Announcement Service of

                           the Irish Stock Exchange.






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