Mining Contract Awarded

MERCATOR GOLD plc
(“Mercator Gold”, “Mercator” or “the Company”)

AIM: MCR

US OTC: MTGDY

 

LONDON: 18 APRIL 2007 - Mercator Gold Australia Pty Ltd is pleased to announce a “Heads of Agreement” has been reached with Mining & Civil Australia Pty Ltd (‘MACA’) to carry out the initial Open Pit mining of the Surprise ore reserve.

The contractor will commence mobilisation of plant and equipment on 24 April 2007.

MACA is an emerging Western Australia owned and operated company which has quickly established an excellent reputation in the Mining Contracting industry.

MACA currently employs approximately 230 people and has completed projects for Lion Ore, Harmony Gold and Croesus Mining. Its current projects include Fortnum (Gleneagle), Jack Hills (Murchison Metals), Wiluna (Agincourt Resources), Kirkalocka (Equigold) and North Dordie (Mincor Resources).

“The appointment of Mining & Civil as earth moving contractor at Meekatharra brings us an important step closer to production. We move now from the planning stage to the implementation of our strategy for profitable and sustainable production.”

 

For further information please contact:

Mercator Gold plc    
Patrick Harford, Managing Director Tel: +44 (0) 20 7929 1010
Email:This email address is being protected from spambots. You need JavaScript enabled to view it.    
   
   
   
Bankside Consultants Ltd Tel: +44 (0) 20 7367 8888
Simon Rothschild    
Keith Irons    
Oliver Winters    

 

Click Here for the full text PDF version of this Press Release