Slide1: Update August 2006 Persian Gold plc


Background : Background Formed in 2003 to explore for large economic gold deposits in altered volcanics in Iran. Listed on AIM in July 2005 PG operates two gold projects: Chah-e-Zard: an advanced target – option to acquire 70% Takestan: multiple early to mid-stage targets


Corporate: Corporate Issued Share Capital 56m shares Price range in the last 12 months 17p – 30.5p Directors andamp; Management control 50% Current Cash Position £1.1m Broker/Nomad – Corporate Synergy Market Capitalisation @ 30.5p = £17m


Iran : Iran Political uncertainty offers Persian Gold 'early mover advantage' on choice ground Land mass of 1.65m square kilometres 70m population: highly educated and well-trained workforce Possesses some the largest known natural resources in the world. Gold has been largely ignored New Iranian Mining Code (1998) created an open environment for foreign investment Low operating costs and excellent infrastructure


Current Operations: Current Operations Gold in Silica/Alunite Second stage soil sampling and trenching on 320 sq kms on 8 licences in the Takestan area of Northwestern Iran Gold Deposit in Char-e-Zahd, Yazd Very positive results from recently completed 2 stage survey. Drilling to commence imminently Persian Gold has the option to acquire 70% Base Metal Programme A small team is evaluating data and reports on 98 former base metal producers most of which closed in the early 1980’s


Chah-e-Zard: Chah-e-Zard Tehran Takestan Chah-e-Zard


Chah-e-Zard: Chah-e-Zard Persian Gold has the option to acquire 70% Acquired ahead of RTZ This strong surface gold anomaly over a large area (750 m X 1250 m) represents a world-class target 2nd stage sampling process complete Trenching is underway to establish continuity between samples Drilling will test continuity at depth


Slide8: ROCK TYPES: Micro-diorite Tan Dacite Porphyry Blue Qtz-diorite breccia Gray Hydrothermal breccia Red Late stage diorite Purple 500m


Chah-e-Zard Surface Gold ValuesInitial Reconnaissance Sampling: Chah-e-Zard Surface Gold Values Initial Reconnaissance Sampling


Detailed Sampling Results: Detailed Sampling Results 344 of 366 (94%) samples have gold 184 samples average 0.94 g/t gold 37% are +0.5 g/t and average 2.30 g/t gold 12% are +2.0 g/t and average 4.90 g/t gold Highest value was 239 g/t gold Average grade of the world’s largest, most profitable gold mines in volcanics is: 1-2 g/t gold Samples show an average of 30 g/t silver


Next Steps: Next Steps Commence drilling operations – August Evaluate results – October onwards Decision on option to acquire


Location Map- Takestan Project: Location Map - Takestan Project Tehran Takestan Chah-e-Zard


Takestan Gold Project Area: Takestan Gold Project Area About 3,000 surface geochemical samples have been taken over the 1,800 sq km area Area reduced to 8 licences covering 320 sq kms Twin Hills gold anomaly has been defined Trenching over Twin Hills awaits permit Zehabad Zn-Pb-Au-Ag project represents a high grade vein type target Follow-up sampling is planned


ASTER Satellite Image- Alunite & Clay Mineral Alteration Takestan: 5000m ASTER Satellite Image - Alunite andamp; Clay Mineral Alteration Takestan


Twin HillsTopography: Twin Hills Topography


Twin HillsPit/Trench Plan: Twin Hills Pit/Trench Plan WEST HILL EAST HILL 200m Limit to pyrite halo Porphyry limit 5m long trench / channel samples


Takestan Exploration Licences: 5000m Takestan Exploration Licences


Rock Chip Sample LocationsTwin Hills Area: Rock Chip Sample Locations Twin Hills Area 5000m


Gold Geochemistry from Surface SamplingTwin Hills: 5000m Gold Geochemistry from Surface Sampling Twin Hills


Slide20: Rock Sample Locations Zehabad 5000m


Slide21: Gold Assays Zehabad 5000m


Slide22: Silver Assays Zehabad 5000m


Slide23: Zinc Assays Zehabad 5000m


Looking Forward …: Looking Forward … Trenching and drilling at Chah-e-Zard. Results will flow from October onwards Trenching at Twin Hills Further Sampling of Zehabad Evaluation of New Gold Opportunities


Directors and Management: Directors and Management John Teeling: Chairman Has established and managed a number of Stock Exchange listed resource companies in the past 30 years including African Diamonds, Pan Andean, Petrel Resources, Kenmare and Mwana. He holds degrees from Dublin, Wharton and a doctorate from Harvard. Jim Finn: Finance Director Is Finance Director for several publicly listed junior exploration companies as well as Cooley Distillery. He is a qualified accountant with a degree in Management. David Horgan: Director Holds a Law degree from Cambridge and an MBA from Harvard. He is Managing Director of AIM listed Middle East Oil explorer Petrel Resources plc and Oil andamp; Gas producer Pan Andean Resources plc. Jack Teeling: Director Holds masters degrees in Finance and Management. Prior to entering the resource sector, he worked in banking.


Directors and Management: Directors and Management Dr. Manouchehr Takin: Director Manouchehr Takin has nearly forty years working experience in natural resources including working for the Iranian Oil Consortium, Geological Survey of Iran, Anglo American and OPEC Secretariat in Vienna and, since 1990, at the Centre for Global Energy Studies in London. Dr. Takin is widely published on technical, economic and policy issues covering Iranian and Middle East geology, porphyry copper deposits, and world oil supply prospects Dr. Monir Davoudzadeh: Senior Geologist International expert on Iranian geology and a senior lecturer in the Geology of the Middle East for the University of Munich. Mike Thomsen: Senior Technical Expert Held senior positions with Newmont, Gold Fields and Freeport-McMoran and has extensive experience in quartz-alunite gold exploration.


Slide27: Ph + 353-1- 8332833 Fax + 353-1-8333505 info@persiangoldplc.com Contact Details


Slide28: Persian Gold plc