Persian Gold provide update on Iran drilling

Persian Gold, the AIM listed Iranian gold explorer has provided an update on exploration and corporate activities in Iran.

After reviewing Phase 1 drill hole and trenching results on the Chah-e-Zard gold property near Yazd in Central Iran (PNG option to acquire 70%), the board conducted bottle roll tests to estimate the suitability of the oxide and oxide/sulphide material to heap leach gold extraction methods. Results were positive though the depth of suitable material is, in certain parts of the license, less than anticipated.