Holding(s) in Company

Mercator Gold PLC
24 July 2006

                               MERCATOR GOLD PLC


                       ('Mercator Gold' or the 'Company')

               Notification of significant holdings 24 July 2006



Under sections 198 to 202 of the Companies Act 1985 the following information
falls to be disclosed:



The Company was notified on 21 July 2006 that Morstan Nominees Ltd was
interested in a total of 1,881,143 Ordinary Shares in the Company representing
3.51% 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]






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