OVG Ovoca Gold

    RNS Number : 1524Z
  Ovoca Gold PLC
  16 July 2008
   

    Ovoca Gold plc ("Ovoca" of the "Company")

    Operational Update

    Ovoca (London AIM (OVG.L), Frankfurt (OVX.GR) and Dublin IEX (OVX.IR)) is pleased to announce that an underground reconstruction
programme to clear and reinforce Adit 1b to permit access deeper into the Goltsovoye mine and create areas for the placing of drill rigs has
commenced as part of the pre-production development programme at the Goltsovoye silver deposit in Magadan. Adit 1b's portal gives access to
ore body 2, the richest at Goltsovoye, which is scheduled for mining during the initial years of mine life. 

    Leonid Skoptsov, the Ovoca CEO, stated:

    "The increase in size of the Adit 1b means that the first stage of mine development will now commence. We will gain access to the
stoping areas to be developed in the early years of production and create underground diamond drill stations, which will enable us to
increase the Proven and Probable reserves. This will also present the opportunity to plan, in detail, the early month's mill head grades
from detailed underground sampling outside the areas currently accessible. This is a major step forward in the development of Goltsovoye."


    For further information contact

    
 Ovoca Gold plc                                                        
 Mr. Danesh Varma CFO     +44 (0)20 7937 8151danesh.varma@ovocagold.com
 Mr. Leonid Skoptsov CEO  +7 495 648 26 46leonid.skoptsov@ovocagold.com
                                                                       
 Davy                                                                  
 John Frain                                         +353 1 614 679 6363
                                                                       



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