Appointment - Gold Recovery Operations

Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration
                                 21 March 2011
                   Goldplat plc ('Goldplat' or 'the Company')
                     Appointment - Gold Recovery Operations

Goldplat  plc, the AIM  quoted gold producer  focussed in Africa,  is pleased to
announce  the appointment of Dr  Robert Pitts Smith as  Managing Director of its
Gold  Recovery  division,  comprising  Goldplat  Recovery (Pty) Limited in South
Africa  and Gold Recovery  Ghana Limited in  Ghana.  This appointment will allow
the  Company's CEO,  Demetri Manolis,  to concentrate  his efforts on Goldplat's
mine  development and  exploration activities.   It is  the intention to appoint
Robert Pitts Smith to Goldplat's board in due course.

Robert  has been working with Demetri Manolis in the recovery of precious metals
since  1979 and formally joined  Goldplat Recovery in  September 2003.  He has a
PhD  in  Chemical  Engineering  and  a  MSc  in  business administration and was
previously  responsible  for  marketing  and  technical matters for the Goldplat
Recovery.

Goldplat  CEO  Demetri  Manolis  said,  "I  am  delighted  to  announce Robert's
appointment  as Managing Director  of our two  gold recovery operations in South
Africa  and Ghana, for which he has had day to day management responsibility for
several years.  With his experience, I believe Robert is ideally suited to drive
both  the efficiency and profitability of  our operations.  With the exploration
and  development  of  gold  mining  projects  central  to our growth strategy of
becoming  a  mid  tier  gold  producer,  I  will  be  focussing on advancing our
prospective Nyieme gold project in Burkina Faso, Banka Gold Project in Ghana and
Kilimapesa  gold mine  in Kenya,  as well  as evaluating  new opportunities from
which to acquire new gold projects to expand our already solid asset base."

                                  * * ENDS * *

For further information visit www.goldplat.com or contact:
 Demetri  Manolis   Goldplat plc                    Tel: [phone]

 James Joyce        WH Ireland Limited              Tel: [phone]

 Felicity Edwards   St Brides Media & Finance Ltd   Tel: [phone]

 Hugo de Salis      St Brides Media & Finance Ltd   Tel: [phone]


Notes
Goldplat  plc is  an AIM-listed  gold producer  with operations  in Africa.  Its
strategy  is to consolidate its position as  a gold producer in Africa and build
itself into a highly profitable mid-tier gold company, leveraged through revenue
generated from its gold recovery businesses.

The  Company has two recovery businesses based in South Africa and Ghana, which,
by safely disposing mining by-products, fulfil an important aspect of the mines'
environmental  management programmes.  The  South African plant  is located near
the  centre of the East  Rand Goldfield and raw  material feedstocks are sourced
from  many  of  the  major  South  African mining companies, including AngloGold
Ashanti,  Goldfields, Harmony, DRD Gold and  other smaller producers.  The Ghana
plant,  located in the free port of  Tema, provides access to raw materials from
mines  in Mali, Guinea, Burkina Faso, Benin, Cote D'Ivorie, Senegal, the DRC and
Mauritania, as well as Ghana.

Goldplat's  strategy is to  build itself into  a highly profitable mid-tier gold
producer,  through the  acquisition of  known deposits  with targets  of between
200,000 and  one million  contained ounces.   Kilimapesa Gold  is a wholly owned
subsidiary  of  Goldplat  and  is  developing  the  potential  of  the 213 sq km
Lolgorien  licence area  located in  the historically  producing Migori Archaean
Greenstone  Belt in western Kenya.  Kilimapesa Gold commenced initial production
in  January  2009 and  an  aggressive  exploration and development programme has
resulted in a maiden JORC compliant resource being reported in October 2009.

In  December 2009 Goldplat plc  entered into an  agreement with Sanu Exploration
(BVI)  Limited ('Sanu'), a  wholly  owned  subsidiary  of NGEX Resources Inc, to
acquire  Sanu's option over the 246 sq km Nyieme Gold Project ('Nyieme') located
in  Burkina  Faso.  The  Nyieme  exploration  licence  includes known high-grade
quartz  vein structures,  with drill  core results showing up  to 17.83 g/t gold
over one metre and 11.67 g/t over five metres.

Additionally,  the Company has entered into  a Memorandum of Agreement with Gulf
Coast  Resources Inc ('Gulf'), a Canadian mining company for the acquisition the
Banka  Mining Lease, a ten  year renewable mining lease  for gold and associated
minerals  covering an area  of 29 sq km  located in the  Amansie East and Asante
Akim South Districts of the Ashanti Region of the Republic of Ghana.






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Source: Goldplat plc via Thomson Reuters ONE

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