Holding(s) in Company

Mercator Gold PLC
22 November 2006

                       Mercator Gold plc (the 'Company')



                             Holding in the Company





London Wednesday 22 November 2006 - Under sections 198 to 202 of the Companies
Act 1985 the following information falls to be disclosed:


The Company was notified on 22 November 2006 that Cantor Fitzgerald Europe was
interested in a total of 2,770,000 Ordinary Shares in the Company representing
5.17% of the current issued capital of the Company.







For further information please contact:



Mercator Gold plc
Patrick Harford, Managing Director                 Tel: [phone]



Email: [e-mail]
Website:  www.mercatorgold.com



Parkgreen Communications
Justine Howarth / Ana Ribeiro                     Tel: [phone]









AIM:  MCR






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