PERSIAN GOLD — one of the Dublin-based exploration companies chaired by businessman John Teeling, has reported an 11% year-on-year drop in first- half losses as it prepares to overhaul its operational framework.

PERSIAN GOLD is expecting to see initial drilling results from its four main projects in Iran by the end of next month.

PERSIAN Gold has announced an expansion of its activities in Iran. The firm has acquired two additional gold projects.

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