Drilling Report

Persian Gold PLC
12 December 2007

                               Persian Gold plc.



12 December 2007


  Positive Drill Results from First Hole on the Dalli Project in Central Iran


  • Drilling confirms the presence of a gold rich porphyry copper system at
    Dalli

  • Gold and copper mineralisation over 211 metres

  • Best intercepts 14 metres of 1.27% Cu and 1.5 g/t Au and 46 metres of
    0.77% Cu and 0.84 g/t Au

  • Further drill results to follow


Persian Gold (AIM: PNG) is pleased to announce gold and copper results from the
first hole of a four hole first phase drilling programme at its Dalli project in
Central Iran.  Results from this hole are good and indicate the presence of a
gold-copper porphyry system.


Drill hole D-01 encountered gold copper mineralisation over 211 metres averaging
.68 g/t gold and .45% copper including two higher grade zones.  Table 1 gives
the results.


Table 1 - Drill hole D-01, Dalli


                                                   Gold               Copper
Depth m.                 Interval m.

0-211                    211                       .68 g/t            .45%
                         Including

44-90                    46                        .84 g/t            .77%
                         and

197-211                  14                        1.50 g/t           1.27%



The first phase drilling programme at Dalli completed four holes for a total of
1,188 metres.  The drilling was efficient with high core recoveries.  The core
was logged/split onsite and the samples were sent to Tehran for sample
preparation. Pulps were prepared in Tehran and shipped to the OMAC laboratories
in Ireland for geochemical analysis.  Results from the remaining holes will
arrive over the coming weeks.



The copper-gold porphyry targets at Dalli are defined by two zones of
outcropping mineralisation located 1.5 km apart.  The first two holes were
located in the southern zone of mineralisation and the second two holes targeted
the northern zone.  In all of the drill holes at Dalli, varying levels of
porphyry style alteration were observed.  Visible sulphide mineralisation was
also seen in the drill core.  Strong multi-phase sulphide-rich quartz stock work
was observed.



A ground IP (Induced Potential) geophysical survey is being conducted over the
Dalli mineralization to evaluate the potential for subsurface extensions to the
surface alteration zones.  The results of this survey will help guide planning
for the second phase drilling programme at Dalli.



Information in this announcement relating to exploration results has been
reviewed by Mr. A. Babakhani, an independent geologist and consultant to Persian
Gold, who is a qualified person under AIM guidelines.



John Teeling, Chairman of Persian Gold, commented: 'We are delighted with this
result.  It confirms that the strong surface mineralisation extends to depth.
With our team's experience in the region, we feel that we have every reason for
confidence in the next three holes gold mineralisation results.  A mining rule
of thumb in evaluating these systems is that viability requires a minimum
combined grade of .5g/t gold and .5% copper and large size.  We are on course
for that.



Size is the next issue.  These systems generally need to be large to be viable.
The geophysical survey being undertaken will help to identify subsurface
extensions as well as help to target drill holes for a likely second phase
drilling programme.'





Contacts:

Persian Gold Plc
John Teeling                                          [phone]


College Hill
Paddy Blewer                                          [phone]
Nick Elwes                                            [phone]


Blue Oar Securities Plc
John Wakefield                                        [phone]
Simon Moynagh


www.persiangoldplc.com




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