Holding(s) in Company

Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration 1 October 2010 Goldplat plc ('Goldplat' or 'the Company') Holdings in the Company On 30 September 2010 the Company was notified that, on 27 September 2010, Sirius Resources Fund 1 Limited sold 2 million ordinary shares in the Company at 12.35p per share. Following this transaction it holds 6,237,500 ordinary shares being 5.58% of the voting rights of the Company. **ENDS** For further information visitwww.goldplat.com or contact: Demetri  Manolis, CEO Goldplat plc Tel: +27 (0) 11 423 1203 James Joyce WH Ireland Limited Tel: +44 (0) 20 7220 1666 Felicity Edwards St Brides Media & Finance Ltd Tel: +44 (0)20 7236 1177 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. Goldplat has started a programme of trenching and diamond drilling in order to prove up and expand the ore resources. Additionally the Company is currently evaluating gold recovery operations in Africa and also has joint venture agreements with Black Economic Empowerment ('BEE') partners in place to take advantage of mining opportunities in South Africa. [HUG#1448284] This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Goldplat plc via Thomson Reuters ONE

Companies

Goldplat (GDP)
UK 100

Latest directors dealings