OVG Ovoca Gold

    Ovoca Resources plc

               Ovoca Gold plc ('Ovoca' or the 'Company')

   OVOCA SUBSIDIARY NORPLAT RAISES �600,000 THROUGH WARRANT-EXERCISE

Ovoca Gold Plc (OVG.L, London; OVX.IE, Dublin) announces that on 31 December
2005, its then 78%-owned subsidiary, Norplat Limited ("Norplat"), raised
�600,000 through the issue of 10 million new ordinary Norplat shares which were
created as a result of the exercise of the 10 million outstanding Norplat
warrants at 6 pence per share each. Following this share-issue, Ovoca's
shareholding in Norplat has been diluted to 64%.

Ovoca retains the right to acquire all the outstanding shares in Norplat which
it does not already own, at the fixed price of 11 new Ovoca shares for every 10
Norplat shares, until 10 May 2007.

- END -


For further information please contact

Barrie Oakes -CEO                                      +44 (0)795 1139266

Roger Turner - Chairman                                +44 (0)7739 092 813

David Nabarro - Nabarro Wells & Co Limited             +44 (0)20 7710 7400

John Frain - Davy Corporate Finance                    + 353 (0)1 679 6363

Connexions PR - Tom McCormack                          + 353 (0)86 245 4215
                                                       + 353 (0)1  230 3015

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