Ovoca Bio Regulatory News (OVB)

28 Dec 2007 16:13

Ovoca Gold PLC28 December 2007 Ovoca Gold plc Operational Update Ovoca Gold Plc (AIM: OVG; IEX: OVX) ("Ovoca" or the "Company") announces that ithas surrendered two licenses covering the Porosozero Property (License No MUR13426 BP) and the Kontozero Property (License No MUR 00717 BP) in the KolaPeninsula, Russia. Ovoca has fulfilled all of its licence obligations andsurrendered the licenses in accordance with the procedures of the Federal Sub-Soil Agency. Ovoca Gold will continue to focus exploration activity at Kola on the tworetained licenses covering the Kolmozero-Voronye and South-WesternKolmozero-Voronye Properties. Ovoca Resources Plc is an international exploration company with dual listing inLondon (OVG.L) and Ireland (OVX.IR), exploring for Precious and base metals in Russia. For further information please visit www.ovocagold.com or contact: Leonid Skoptsov - Ovoca Gold Plc John O'Connor - Ovoca Gold PlcTel + 7 (0)495 648 2646 Tel: +353 (0)1 633 0523Email: leonid.skoptsov@ovocagold.com Email: john.oconnor@ovocagold.com This information is provided by RNS The company news service from the London Stock Exchange