JUNE 2005

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JUNE 2005 www.ovoca.ie
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Introduction

• May 10th 2005 Ovoca Resources plc acquired 78 of
  Norplat Limited with gold and platinum
  properties in the Kola Peninsula of northwest
  Russia.
• The Board has been restructured.
• Private placement in June cash on hand 1.5
  million
• Listed on Irish stock Exchange
• Commenced trading on AIM on June 30 2005
• New objectives have set
• develop the existing assets in Russia, Sweden and
  Ireland
• identify opportunities for acquisition and
  development
• create a mid-tier platinum, gold, copper producer
  

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Officers Directors
Harry Dobson Non Exec Director Chairman
Kirkland Lake Gold Inc Chairman Rambler Metals
Mining Plc
Roger Turner Chairman Mining Engineer Chairman
of Minco Plc Past CEO Nelson Gold Plc Co-founder
and past CEO of Oxus Gold Plc
Richard OShea Non Exec Director Paul Smithwick
Non Exec Director
Dr Barrie Oakes CEO Geologist Co-founder CEO
Norplat Limited Ex Chief Geologist Oxus Gold Plc
Kyrgyzstan Ex Managing Director PARC (Gabon)
Valeriy Axanov - Business Development
Manager Mining Engineer Co- Founder and Director
Norplat Limited Ex Business Development Manager -
Oxus Gold
John OConnor CFO Chartered Accountant
Dr Evgeny Gorshkov Chief Geologist Ex Chief
Geologist Tajik Geology Nelson Gold and Oxus
Gold Geologist
Guy Pas Director Designate Chairman - Mano
River Resources Inc Chairman CEO Vector XXI
Finance Ex Director - Oxus Gold plc
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Corporate Information

• Ticker symbol London OVG Dublin
  OVX
• Shares on issue 111.9 m
• Private placement raised 1.69m
• Acquired 78 Norplat Limited on May 10 2005
• Ovoca Options 5 m
• Share price range 7p to 11p
• Option to acquire remaining 22 of Norplat
• AIM trading commenced June 30 2005.

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Prime Exploration Potential
Russia
Sweden

• Kola Peninsula Russia on Finnish Border
• Platinum, gold, copper exploration within 152
  square kilometre licence
• Strong experienced local management based in
  Monchegorsk
• 900,000 ozs gold in Russian P1 category
• 7,000 metre drill programme underway
• Potential major platinum deposit up to 3.2 g/t
  over 10 metres of mineralisation
• Potential major copper-gold-molybdenum porphyry
  
• Potential to rapidly establish resources from
  advanced project portfolio

• Exploration on Gold Line in northern Sweden
• 8 gold exploration licences and one zinc licence
• Krokliden Sjoliden 450 metres along strike from
  Dragon Mining Svartliden Gold Mine (newly
  commissioned 300,000 tpa at 4.54 g/t CIP plant)
• 26 sq km of additional gold licences to follow
  up
• Akerland high grade zinc deposit
• Shallow workings in the 1920s down to 15 metres
• Reported grades of 17.3 zinc and 15 g/t silver
• Ovoca sampling gave 24 zinc and 5 g/t silver

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Positioned for growth
NORPLAT LIMITED (Black Fox Resources 95)
Kolmozero-Voronya License 152 km2 Platinum, Gold,
Copper Molybdenum Nickel, gt900,000 oz Gold
Klippen Gold AB 100 Krokliden Sjoliden (Gold)
Akerland (Zinc) 8 Gold license 1 Zinc
License Management team has extensive FSU,
technical and capital markets experience
Ovoca Resources plc Newcastle West
License Associated with Pallas Green
Intrusive Proximity to Noranda/Minco JV and Tara
Exploration
Further Acquisition Planned in Sweden and Russia
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Prime Mineral Prospects Scandinavian Shield
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Resources - Russia
P1 P2 resource estimates for Oleninskoye and
Nyalm based on drilling and trenching
SRK has not completed a full independent audit of
these estimates but in the case of Oleninskoye
has reviewed the estimation methodology used and
considers this estimate to have been both
estimated and classified in line with Russian
norms.
Previous Russian and Norplat estimates indicate
Russian classified resources of between 1.8m oz
and 3.4m oz across the project portfolio full
details shown in Appendices SRKs technical
report, dated March 2004, says that this belt
has the potential to host a gold resource of over
two million ounces, based on extrapolation from
past drilling and geochemical data.
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Expanding Potential in Russia

• Extensive land position of 152 km2 established
  along highly prospective greenstone belt will
  soon be expanded, incorporating additional
  mineral targets
• Targets include
• Massive gold vein deposits, with spatially
  associated pgms
• Copper-gold-molybdenum porphyry
• Ultramafic complex with copper, gold, nickel and
  pgm potential
• Original license area encompasses over 8 projects
  at various stages of exploration and potential to
  rapidly establish an economic resource

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Scope for New Discoveries in Russia
Panorama of Oleninskoye-Pellapahk Projects (view
to the north)
Oleninskoye
Pellapahk
Leshaya
Caldera

• Interpreted as a collapsed caldera within the
  wider K-V greenstone belt, at least six separate
  mineral deposits have been identified at this
  geological location, which provides scope for
  numerous other potential discoveries, including
• Massive sulphide copper-gold veins pgm
  mineralised diorite-gabbro (Oleninskoye)
• Copper-gold-molybdenum porphyry (Pellapahk)
• Layered basic intrusive with free gold pgms
  (Leshaya)

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Oleninskoye Central Zone - Russia
Recent drilling results confirm the presence of
gold rich sulphide veins, associated with
extensive, previously unrecognised pgm
mineralisation along the Oleninskoye Central
Zone 450,000 ounces _at_ 13.9g/t
Gold Mineralisation
PGM Mineralisation
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Selected Drill Hole Assays Phase 1 2 June
2005
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Russian Infrastructure
Rapid site access
Core Logging
Mobile All-Weather Drilling Rig
Ovoca has well established facilities required to
undertake a comprehensive exploration programmes
Local Offices
Sample Preparation
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Land Position Along Gold Line - Sweden

• (1) Sjoliden Au
• (2) Krokliden Au
• (3) Nottjarn Au
• (4) Tannsele Au
• (5) Ekorrtrask Au
• (6) Bysstrask Au
• (7) Klippen Au
• (8) Akerland Zn
• Total land holding of 26,500 ha  

Svartliden Mine
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Krokliden Sjoliden Property Sweden

• The Krokliden concession is located 450 meters
  along strike from the open pit at the Svartliden
  gold deposit.
• Svartliden commenced production in 2005 with
  2.22 Million tonnes at an average grade of 4.54
  g/t gold. 300,000 tpa CIP plant
• Krokliden and Sjoliden display similar
  lithological, structural and geophysical features
  to the Svartliden mine area.

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Sjoliden - Sweden

• Previous drilling in the 1980s returns 1m at 6
  g/t. No record of data
• Ovoca work outlines two areas with gold in
  bedrock
• Mejvankilen 1.26 g/t Au within
  hydrothermally altered granite
• Sjoliden 1.93 g/t Au over 2 meters

Svartliden Mine
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Akerland Zinc Property - Sweden

• WORKED BETWEEN 1920 - 1922
• PREVIOUS HAND PRODUCTION 10,000 TONNES GRADING
  17.3 Zn, 15 g/t Ag and 0.5 g/t Au.
• MAXIMUM DEPTH OF OLD WORKINGS 15 METERS
• OVOCA SAMPLES RETURN 24 ZINC 5 g/t SILVER
• LOCATED ALONG A MAJOR N-S TRENDING STRUCTURE
• VERTICAL AND LATERAL POTENTIAL TO EXTEND
  MINERALISATION

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Ireland Zinc Exploration
Newcastle West three licences near
Minco/Noranda Palas Green property in Co
Limerick Excellent zinc exploration potential on
Waulsortian Mudbank Limestones Ballysteen
Limestone contact similar to Galmoy and Lasheen
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Summary

• Platinum-gold prospects in Russia with bonanza
  gold vein intersections from ongoing drilling
  programme
• Excellent gold drill targets in Sweden
• Portfolio of acquisition targets in Sweden and
  Russia
• A new and experienced management team
• A mid-tier mine development company in the making

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Contacts

• Ovoca Resources Plc, York House, 176 Rathgar
  Road, Dublin 6, Ireland
• Barrie Oakes 44 (0)795 1139266
• Roger Turner 44 (0)7739 092813
• John OConnor 353 (0)1 491 2944
• Richard OShea 353 (0)87 2560 397
• John Frain (Davy Corporate Finance)
• 353 (0)1 679 6363

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APPENDICES
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Nyalm Area Cross Section - Russia
Drilling and trenching in the Nyalm Area
has intersected extensive gold bearing quartz
veins 450,000 ounces _at_ 3.7g/t
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Russia - Oleninskoye Borehole Results 2004
Oleninskoye South Zone
Well mineralised gold intersections obtained in
the Central South Zones along strike For
the first time, significant zones of platinum
rich pgm mineralisation have been identified
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Russia - Summary of Resources Russian estimates
for initial licence area only
(1) Unless otherwise stated resources shown in oz
gold, excludes other known deposits with rare
earth resources in the Norplat KV licence (2)
July 2003 _at_ US300/oz gold price, resources
interpreted from drill hole data P1, from
geology geochemistry P2 (3) From SRK report
January 2004
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Russia - Project Summary Tier 1 Projects
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Russia - Project Summary Tier 2 Projects