Drilling Report

Persian Gold PLC
25 June 2007

                               Persian Gold plc.



25th of June 2007



                  Exploration Update and Proposed Acquisitions

-        Second phase drilling and trenching to commence within weeks on the
Chah-e-Zard gold property.

-        Application to acquire new silica-alunite-gold concession in
North-western Iran after positive sampling operations.

-        Proposal to acquire a new copper/gold porphyry project South of Tehran
following  positive sampling results.



Persian Gold (AIM: PNG) the AIM listed Iranian gold explorer is pleased to
provide an update on exploration and corporate activities in Iran.



After reviewing Phase 1 drillhole and trenching results on the Chah-e-Zard gold
property near Yazd in Central Iran (PNG option to acquire 70%), the board
conducted bottle roll tests to estimate the suitability of the oxide and oxide/
sulphide material to heap leach gold extraction methods.  Results were positive
though the depth of suitable material is, in certain parts of the license, less
than anticipated.



A Phase 2 trenching and drilling programme will commence in Chah-e-Zard in the
coming weeks.  The programme will focus on the southern part of the licence
which contain the best gold and silver grades and thickest heap leachable
material.  Some work will take place on an extension to the southern zone where
recent sampling has discovered gold. Results are expected by year end.



Discussions with our partner in Chah-e-Zard has led to a revised agreement
whereby Persian Gold cover all expenditure up to bankable feasibility study and
thereafter provide an agreed contribution toward mine construction costs.



To the south of Tehran, Persian Gold has evaluated an advanced stage gold/copper
porphyry project.  Company geologists have sampled the ground and their results
replicate those reported by earlier explorers.  Discussions are ongoing with the
owners regarding a joint venture proposal, including a potential work programme.



Persian Gold is also engaged in discussions to acquire an interest in a volcanic
hosted silica-alunite prospect in North-western Iran, discovered by Persian Gold
geologists. The geology indicates potential for a large low grade gold in
silica-alunite deposit.  Initial sampling has found widespread gold
mineralization.



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, stated:

'We are moving on a number of fronts in Iran, retaining our focus on gold.
Drilling will commence shortly. at Chah-e-Zard, commercial second stage
potential of the deposit. Chah-e-Zard is exploration and risky, but we remain
confident in its potential



We continue to see a flow of gold projects in Iran. Whilst it takes time to
visit, evaluate, sample, and analyse, two in particular hold considerable
promise.  We have made a proposal to acquire a majority interest in a project
that, contains gold mineralization over a significant area.  If we are
successful in joint venturing this concession we will immediately commence a
pilot drilling programme.



We are very excited about our second potential earlier stage project.  It has
the footprint we are looking for in Iran, a silica-alunite hosted deposit
containing gold.  We are in discussions to acquire exploration rights in the
area.'


Persian Gold Plc

John Teeling                                          [phone]


College Hill

Paddy Blewer                                          [phone]
Nick Elwes                                            [phone]


Blue Oar Securities Plc

John Wakefield                                        [phone]



www.persiangoldplc.com




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