ECR Minerals Regulatory News (ECR)

21 Feb 2006 07:01

Mercator Gold PLC21 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") announcesthat it has signed a contract for the supply of reverse circulation and diamondcore drilling with Drill Corp-Western Deephole. Reverse circulation drillingwill commence on Wednesday 22 February, only 3 weeks since the acquisition ofthe Meekatharra assets from St Barbara Limited. The initial reverse circulation and diamond programme, consisting of 15,000mwill be at Bluebird where the company is targeting substantial extensions to theknown resource. Diamond core drilling at Paddy's Flat will target mineralised zones for earlymetallurgical testing. In subsequent months drilling of a minimum of 20,000mwill target resources at Surprise, Meekatharra North and Paddy's Flat. Ends For further information please contact:Mercator Gold plcPatrick Harford, Managing Director Tel: +44 (0) 7786 486645Terry Strapp, Chairman Tel : +61 (0) 8 9322 7422Michael de Villiers, Finance Director Tel: +44 (0) 2079291010Dr Julian Vearncombe, Exploration Director Tel: +61 (0) 8 9316 9400E:mail: info@mercatorgold.comwww.mercatorgold.comBeaumont Cornish LimitedRoland Cornish Tel: +44 (0) 7628 3396 King & Shaxson Capital LtdNick Bealer Tel: +44 (0) 20 74265986 Ocean Equities LtdWill Slack Tel: +44 (0) 2077864370 Parkgreen CommunicationsJustine Howarth / Ana Ribeiro Tel: +44 (0) 20 7493 3713 Mercator operates a continuous disclosure policy with respect to explorationresults. Company news releases are based on technical information approved bythe 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