Mercator Gold PLC
21 February 2006
21 February 2006
•Drilling commences on Mercator's 100% owned Meekatharra assets, with more
drill rigs to follow.
LONDON - Mercator Gold plc (AIM: MCR) ('Mercator' or 'the Company') announces
that it has signed a contract for the supply of reverse circulation and diamond
core drilling with Drill Corp-Western Deephole. Reverse circulation drilling
will commence on Wednesday 22 February, only 3 weeks since the acquisition of
the Meekatharra assets from St Barbara Limited.
The initial reverse circulation and diamond programme, consisting of 15,000m
will be at Bluebird where the company is targeting substantial extensions to the
known resource.
Diamond core drilling at Paddy's Flat will target mineralised zones for early
metallurgical testing. In subsequent months drilling of a minimum of 20,000m
will target resources at Surprise, Meekatharra North and Paddy's Flat.
Ends
For further information please contact:
Mercator Gold plc
Patrick Harford, Managing Director Tel: +44 (0) 7786 486645
Terry Strapp, Chairman Tel : +61 (0) 8 9322 7422
Michael de Villiers, Finance Director Tel: +44 (0) 2079291010
Dr Julian Vearncombe, Exploration Director Tel: +61 (0) 8 9316 9400
E:mail: info@mercatorgold.com
www.mercatorgold.com
Beaumont Cornish Limited
Roland Cornish Tel: +44 (0) 7628 3396
King & Shaxson Capital Ltd
Nick Bealer Tel: +44 (0) 20 74265986
Ocean Equities Ltd
Will Slack Tel: +44 (0) 2077864370
Parkgreen Communications
Justine Howarth / Ana Ribeiro Tel: +44 (0) 20 7493 3713
Mercator operates a continuous disclosure policy with respect to exploration
results. Company news releases are based on technical information approved by
the Company's Exploration Director, Julian Vearncombe BSc (Hons), PhD, FGS,
RPGeo, FAIG.
This information is provided by RNS
The company news service from the London Stock Exchange