Drilling Report

Persian Gold PLC
10 January 2008

10th January 2008



                                Persian Gold plc



                       Positive drilling results at Dalli



•        Dalli drilling encounters strong copper-gold mineralisation.

•        Drill hole 2 contains 213m of 0.56% copper and 0.75g/t gold.

•        IP survey extends possible zone of mineralisation.



Persian Gold (AIM:PNG),the Irish based Iranian gold explorer, is pleased to
announce positive assay results for drill holes 2 and 3 (DH-2 and DH-3) on the
Dalli project. Dalli is a copper gold porphyry prospect located 200 km southwest
of Tehran. There are two targets within the project area termed the 'South Hill'
and the 'North Hill'.  Dalli drill holes 1 and 2 are located on the South Hill
and holes 3 and 4 are located on the North Hill.  These two hills may represent
separate porphyry copper-gold centres situated 1.5 km apart, or may be part of
one large deposit.



Previously reported assay results for DH-1 in the South Hill indicated
continuous copper-gold mineralisation from the surface to 211 metres depth
averaging 0.48% copper and 0.68 g/t gold.



Assay results for DH-2, which is located 85 metres north of DH-1 on the South
Hill, have now been received and show:


Depth (m)                  Interval (m)               Copper                    Gold
0-213                      213                        0.57%                     0.75 g/t
Including:                 66                         1.08%                     1.28g/t

16-82



These results extend the lateral continuity of mineralisation between holes 1
and 2 in the South Hill area and confirm the presence of a gold-rich porphyry
copper system. Continuous mineralisation for over 200 metres is a very positive
indicator of a potentially significant copper - gold resource.



Assay results for DH-3, which is located on the North Hill, have also been
received and include:


Depth (m)                  Interval (m)               Copper                    Gold
0-233                      233                        0.12%                     0.52 g/t
Including:                 40                         0.17%                     0.69 g/t

46-86



While the copper and gold results from this hole in the North Hill are lower
grade than those found in the South Hill, this is believed to represent a
separate and distinct porphyry deposit.  Continuous copper and gold
mineralisation from the surface to a depth of over 200 metres in DH-3 is a very
positive intercept for the initial drill hole in the North Hill. Assays results
for DH-4 are awaited.



A surface IP (Induced Polarisation) geophysical survey has been completed over
the South and North Hill. It consists of six profiles of a total length of 2.64
km. This IP survey has defined potential extensions to the zone of conductive
sulphides, which correlate with the intercepts seen in the drilling.  The
combined results are being evaluated to plan for the next phase of drilling at
Dalli.



John Teeling, Chairman of Persian Gold, commented;



'These latest results from Dalli are very encouraging. We now have extensive
mineralisation in holes 1.5 km apart. Porphyry deposits are the modern target of
choice for large mining companies as they have multiple sources of revenue and
tend to be large scale open cast low cost operations. Dalli fits this profile.



Using these drill results and the IP survey we will take our exploration
programme to the next level by determining the extent of the copper - gold
system discovered.'



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.



Contacts:
Persian Gold Plc

John Teeling                                         [phone]


College Hill

Paddy Blewer                                         [phone]
Nick Elwes                                           [phone]


Blue Oar Securities

John Wakefield                                       [phone]

Simon Moynagh                                        [phone]



www.persiangoldplc.com




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