Drilling Report

Persian Gold PLC
14 September 2005


                                Exploration Update



Persian Gold (AIM: PNG) which is exploring in Northwestern Iran is pleased to
announce an update on operations. Highlights are:



  • Encouraging gold results in Iran
  • High-grade results from sampling in Zehabad area.
  • Second stage exploration underway
  • Detailed sampling and mapping completed on Twin Hills
  • New Projects being evaluated



Persian Gold has been exploring on an 1800 sq km concession in North West Iran,
searching for a large scale gold in quartz-alunite deposit. Stage 1 sampling has
been completed with encouraging results in eight areas. The Zehabad area in
particular, produced significant gold grades ranging up to 14 g/t in samples.
Zehabad, which is the site of a former small zinc lead mine, has a series of
gold mineralised veins which are being re-sampled and mapped. Results to date
confirm the earlier grades.



Second stage exploration involving more detailed sampling and mapping is
underway focusing initially on the Twin Hills prospect in Takestan.  The Twin
Hills exploration involved detailed chip sampling on a 1400 x 750 metre grid.
The sampling is completed and samples are in the laboratory awaiting analysis.
Drilling should commence once the results are available.



John Teeling, Chairman of Persian Gold Plc, commented



'Results of our gold exploration in Iran offer great encouragement and we moved
rapidly to the second stage prior to completing the first stage.  In summary, we
have discovered 8 clusters of gold values on our concession in Northwest Iran.
We already have exploration licences on three, have applied for three more and
we are preparing the last two applications.  In the Zehabad area, the gold
grades recovered from sampling are good.  We have revisited the area and
re-sampled.  Initial indications are of a vein system, rather than a quartz
alunite orebody.  If this is true and if subsequent work proves up the extent
and grade of the veins, we are looking at the possibility of an underground high
grade mine.



The second stage detailed sampling and follow-up drilling will last through the
Spring of 2006. At the same time, Persian Gold is examining a number of other
projects in Iran.


For further information please contact:

Persian Gold PLC
John Teeling, Chairman                            + 353 87 258 1178
Jack Teeling, Director                            + 353 1 833 2833

Bell Pottinger Corporate & Financial              + 44 (0) 207 861 3232
Nick Lambert




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