AIM Admission

Greatland Gold PLC
03 July 2006


                              GREATLAND GOLD PLC

                         Admission to trading on AIM

Dated: 3 July 2006

Greatland Gold plc (the 'Company') the mineral exploration and development
company focused on gold projects in Tasmania and Western Australia, is pleased
to announce that its ordinary shares have been admitted to trading on the AIM
market of the London Stock Exchange ('AIM') today under the symbol GGP. ARM
Corporate Finance Limited is acting as the Nominated Adviser and Simple CFDs
Limited is Broker to the Company.

The placing

The Company raised £1.3 million, before expenses, by the placing of 65,550,000
Ordinary Shares at the Placing Price. The Placing Shares issued represent 65.2
per cent of the issued share capital of the Company as enlarged by the Placing.

Placing statistics
Placing Price                                                                                  2p
Number of Placing Shares issued                                                        65,550,000
Placing Shares as a percentage of the enlarged issued Ordinary Share                65.2 per cent

capital of the Company
Number of Ordinary Shares in issue on Admission                                       100,550,000
Estimated net proceeds of the Placing                                                £1.1 million
Market capitalisation of the Enlarged Group at the Placing Price                       £2 million


The Ordinary Shares will be listed on AIM under the symbol GGP

Introduction and strategy

The Company was incorporated as a mineral exploration and development company on
16 November 2005. Its wholly owned subsidiary, Greatland Pty Ltd ('Greatland'),
based in Perth, Western Australia, has resource assets in Tasmania and in
Western Australia prospective for gold. The Board seeks to increase shareholder
value by the systematic exploration of its existing resource assets as well as
the acquisition of suitable exploration and development projects and producing
assets.

The principal asset of the Company is the Firetower project. The Directors
believe that, based on their experience, infill drilling may well demonstrate
head grades exceeding current drill-indicated grades, and that the proposed
further exploration should accordingly result in an increase in resource
estimates.

The Directors will undertake mapping, geophysics, and shallow drilling to
evaluate the grade, extent, and metallurgical character of the mineralisation
within its tenements. The results will be utilised in developing JORC Code
compliant estimates of resource and provide the final resource to complete
pre-feasibility studies.

Acquisition of Greatland

Greatland was incorporated in Australia on 25 March 2004 and owns gold tenements
in Tasmania and an exploration licence application in Western Australia. At an
extraordinary general meeting of the Company held on 10 May 2006 Shareholders
approved the Acquisition of Greatland by written resolution of the Company.

Under the terms and conditions of the Acquisition Agreement the Company acquired
all the outstanding equity shares issued by Greatland for an aggregate
consideration of £250,000, satisfied by the issue of 25,000,000 Shares at 1p per
Share. Further details of the Acquisition Agreement are set out in paragraph 6.5
of Part 6 of the Admission Document.

Pursuant to the Acquisition Agreement, the Company acquired Greatland's
portfolio of properties, which includes three Exploration Licenses ('EL') (EL26/
2004, EL30/2004 and EL31/2004). These give the beneficial holder the exclusive
right to enter onto the area covered by the licence with any necessary equipment
for the purposes of exploring for minerals and any connected operations on the
area covered by that EL, including the extraction and collection of samples from
that area. The EL's are for a maximum period of five years although there is
provision for the EL's to be renewed for additional periods in certain
circumstances at the Minister for Energy, Infrastructure and Resources'
discretion. The EL's are valid, in full force and effect and have not been
revoked nor have they become liable to revocation. The EL's are subject to the
standard conditions applied to the mining industry by the Tasmanian Government.

In addition, Greatland's portfolio includes one Exploration Licence Application
('ELA') (ELA63/983). The ELA does not confer any exclusive rights in relation to
the underlying land.

The registered holders of each of the EL's, and of the ELA are either Greatland
or are held in trust by Paul Askins and Callum Baxter, two of the Vendors, on
behalf of Greatland. The Company acquired the beneficial interests of Greatland
in each of these properties pursuant to the terms and conditions of the
Acquisition Agreement entered into between the Company and Greatland.

Following successful exploration and a positive feasibility study the Company
may apply for a mining lease to facilitate the mining of the gold ore. Mining
leases are normally granted subject to certain conditions including:
environmental issues; safety factors; rehabilitation of the environment; and
native title.

Portfolio of properties

The Company has acquired three mineral properties comprising the two project
areas of Firetower and Warrentinna and the exploration licence application
Lackman Rock (Table 1). The first two projects are located in northern Tasmania
while the latter is located in Western Australia. They range in development from
advanced exploration with a resource at the Firetower project, through prospects
with identified targets at Firetower and Warrentinna, to a gold prospective
grass roots area at Lackman Rock. Project locations are shown in Figure 1 of the
competent person's report ('CPR'). Collectively the properties cover an area of
approximately 300km2.

                        Table 1 - Project tenure details

Asset            Tenement      Interest        Status Grant   Licence      Area     Comments
                 Operator                             Date    Expiry       (km2)

Tasmania:        EL26/2004     100%      Development  26 Nov  26 Nov 2009  23       Inferred
Firetower        Greatland                            2004                          Resource.
project                                                                             Drilling to
                                                                                    commence
                                                                                    immediately
                 EL31/2004     100%      Development  26 Nov  26 Nov 2009  30       Exploration
                 Greatland                            2004                          to commence
                                                                                    immediately
Tasmania:        EL30/2004     100%      Exploration  26 Nov  26 Nov 2009  114      Exploration
Warrentinna      Greatland                            2004                          to commence
project                                                                             immediately
                                                                                    Exploration
                                                                                    to
Western          ELA63/983     100%      Exploration  N/A     N/A          45       Exploration
Australia:       Greatland                                                 blocks*  to commence
Lackman Rock                                                               or       upon grant
project                                                                    130km2   recommended
                                                                                    for June
                                                                                    2006

* a block is an area as defined by reference to the Geodetic Datum of Australia.
In terms of longitude and latitude a block comprises positions which are one
minute apart. As a guide, one block represents approximately 3km2.

The company's main initial focus will be the Firetower project where a large
proportion of the exploration efforts will be drilling to increase the resource
estimate. Other exploration targets are also to be drill tested at Firetower,
Warrentinna and Lackman Rock.

Pursuant to the Acquisition Agreement the Company is the 100% beneficiary of the
tenements.

GOLD - TASMANIA

Firetower gold project -Northern Tasmania

The Firetower project is located 65km west of Launceston, and 35km south of
Devonport, in northern Tasmania. The project covers rocks equivalent to those of
the Mt Read Volcanic sequence, which hosts the world class base metal deposits
of Mt Lyell, Hellyer, and Rosebery; and the large Henty gold deposit (Figure 2
of the CPR). The project contains an initial inferred resource of 90,000oz of
gold. The resource has not been closed off, remains open in all directions, and
at depth. The mineralisation comes to surface, and mining would be by open pit
with a low stripping ratio. Other areas of gold mineralisation, and structural
targets, have been identified over 15km of strike east and west of the deposit.
These are yet to be drill tested and Greatland also intends to carry out
systematic exploration over them.

The Firetower project comprises two contiguous tenements, E26/2004 and E31/2004,
that cover a total area of 53km2. E26/2004 was awarded to Greatland after
successfully bidding through the Mineral Resources Tasmania Exploration Release
Area tender process. A subsequent application for E31/2004 was lodged over an
additional 30km2, extending eastwards along prospective volcanic and
volcaniclastic stratigraphy. The tenements cover a strike length of 20km of this
stratigraphy.

Access to the project area is good as a sealed road passes through the project
area. Numerous formed forestry roads provide additional access. Locally,
infrastructure is good with sealed and formed roads, power, water,
accommodation, communications and numerous regional supply points. Also, a
skilled local workforce is accessible from the many nearby regional centres.

Geologically, the Firetower project lies in rocks equivalent to the Cambrian Mt
Read Volcanics (Figure 2 of the CPR), which hosts major polymetallic deposits
including Hellyer, Rosebery, and Mt Lyell; and the structurally controlled
high-grade Henty gold mine. These deposits are of a world class scale, for
example, Rosebery hosts 32.3Mt at 2.3g/t Au, 0.59% Cu, 14.6% Zn, 4.5% Pb and
145g/t Ag while Henty hosts 2.83Mt at 12.5g/t Au for in excess of 1.1M oz gold.
Specifically, the project occurs in the Fossey Mountain Trough, an east-west
extension of the north-south trending Dundas Trough. The eastern margin of the
Dundas Trough contains the Cambrian Mt Read Volcanics, overlain by unconformable
to disconformable Cambro-Ordovician siliclastics and limestones. The Fossey
Mountain Trough is similarly comprised of Cambrian volcanics and volcaniclastics
and overlying Cambro-Ordovician siliclastics and limestones.

Gold mineralisation at the Firetower deposit is associated with widespread
alteration of the volcaniclastic units. Alteration is dominated by silica,
sericite, carbonate, and pyrite. Rockchip results include 30.1g/t Au, 14.2g/t Au
and 11.2g/t Au. To date gold mineralisation has been defined over a strike
length of 400m and has a width of approximately 80m.

Previous exploration

Drilling has been restricted to the Firetower prospect in which gold grades
intersected in drilling are up to 30g/t over one metre. Drilling to date has
only tested to a maximum depth of 100m. Drilling was completed by Noranda Pty
Ltd (now Falconbridge) during 1990, Plutonic Operations Ltd in 1992 and
AurionGold Ltd (now Barrick Gold) in 2002. Mineralisation is hosted in a
stockwork that consists of fine quartz-carbonate veining with a sulphide content
of between 2% and 5%. Sulphides include pyrite, chalcopyrite, chalcocite,
arsenopyrite, sphalerite, and galena, and are mostly associated with the
quartz-carbonate veining. The tungsten minerals scheelite and ferberite have
also been noted in drill core. The distribution of mineralisation is shown in
cross-sections in Figures 7 and 8 of the CPR. Following the most recent drilling
in 2002, Auriongold Ltd used a polygonal technique to estimate an inferred
resource at Firetower of 90,000oz gold (Table 2). In total, only 29 holes for
1,993m have been completed at the prospect despite the high grades and untested
strike extensions.

                          Table 2 - Resource statement

Firetower project              Gross                          Net attributable                Operator
Resource          ____________________________        ______________________________

Category          Tonnes     Grade     Contained      Tonnes        Grade      Contained
                  (M)        (g/t)     Gold (oz)      (M)           (g/t       Gold (oz)

Inferred          3.6                    0.8          90,000        3.6        0.8         90,000      Greatland


Note: (i) These figures are JORC compliant           (ii) See Table 9 of the CPR

Exploration potential

AurionGold Ltd also carried out soil and rockchip sampling at the nearby West
Firetower prospect and outlined an extensive Au-As-Cu anomaly within an area of
alteration containing numerous gossanous ironstones. A zone of gold anomalous
silica-hematite-malachite veining returned rockchips to 3.3% Cu. No drilling has
been carried out at West Firetower. This represents another high-priority target
for Greatland.

Additionally, three other regional targets have been identified for further
work. These are the Noranda, Asarco and Austamax prospects where stream sediment
sampling by previous explorers has outlined gold and base metal anomalous areas
within strike extensions of prospective rocks. No follow-up work has been
carried out in these areas despite encouraging geochemical results.

Timetable of activities

Greatland proposes to carry out immediately infill diamond drilling of the
Firetower deposit in order to delineate high grade zones within it and to
upgrade its resource category. It intends to recover oriented core, which should
add to the understanding of the structural controls in the area. Greatland also
proposes, in the short term, to carry out shallow diamond or open-hole
percussion drilling at the West Firetower prospect to assess the potential for
additional resources. Re-estimation of the Firetower resource will also be
undertaken as soon as all the data from the drilling program is compiled. These
activities are scheduled for completion before 31 December 2006.

Greatland also proposes within the first year to carry out soil and rock chip
sampling over other parts of the project area. The selection of these areas will
be based upon structural grounds and the follow up of untested stream sediment
anomalies. Re-estimation of resources will be ongoing. Geophysical surveys are
also planned for these areas. Activities are scheduled for completion before 30
June 2007.

In the second year it is expected that Greatland will carry out follow up
drilling on targets delineated in year one namely Firetower and West Firetower,
along with further follow-up work on other regional targets. Re-estimation of
resources will be ongoing and pre-feasibility studies will be undertaken. These
activities are scheduled for completion before 31 December 2007.

The Directors believe the tenements are prospective for economic gold resources.

Exploration budget

Greatland has proposed a total exploration budget for the Firetower project to
30 November 2006 of approximately £300,000. These budgeted figures exceed the
minimum annual expenditure commitments as prescribed by the Tasmanian
authorities. This budget is presented on the basis of a £1.0 million capital
raising and should more than that be raised then the excess will be additionally
allocated pro-rata to each activity to a maximum of £880,000.

                 Table 3 - Firetower project exploration budget

Activity                                             Year 1                Year 2        Totals
Data Compilation                                    £10,000                    £0       £10,000
Geological Mapping                                  £16,000                £2,000       £18,000
Geochemistry                                        £12,000                £2,000       £14,000
Geophysics                                          £14,000                £4,000       £18,000
Drilling                                           £200,000               £16,000      £216,000
Field Support                                       £24,000                £8,000       £32,000
Administration                                      £24,000                £8,000       £32,000
Totals                                             £300,000               £40,000      £340,000


Warrentinna gold project - North-Eastern Tasmania

The Warrentinna gold project is located in the northeast of Tasmania and covers
the historic goldfields of Warrentinna, Forester, and Waterhouse (Figure12 of
the CPR). These goldfields were worked from the late 1800s to the mid 1900s.
Gold was taken from surface and underground workings that accessed high-grade
quartz lodes. Some modern exploration for gold has taken place, and although it
has been only of a preliminary nature it has confirmed the presence of gold
mineralisation over extensive strike lengths. Minimal drill testing of
historical high-grade gold workings has been carried out.

The Warrentinna tenement, EL30/2004, is located 60km northeast of Launceston and
covers approximately 115km2. The tenement extends from near Branxholm in the
south, to Waterhouse in the north, a distance of 30km. The bulk of land within
the tenement is logged state forest, with private farm land at its northern and
southern ends.

Access to the north and south ends of the project area is by sealed road via
Bridport and Scottsdale respectively. Formed roads are throughout the tenement.
Local infrastructure is good with sealed and formed roads, electricity, water,
and local towns for accommodation and supply points.

Geological setting

Geologically the project covers north-northwest striking rocks of the Mathinna
Group, which consists of poorly sorted, turbiditic, siliclastic sediments of
Ordovician to Devonian age. The Mathinna Group covers much of northeastern
Tasmania and is considered to be equivalent to rocks of the Melbourne Trough of
the Lachlan Fold Belt which host the bulk of Victoria's gold mineralisation.
Goldfields in northeastern Tasmania hosted by the Mathinna Group include Lefroy
and Back Creek to the north of Launceston, Gladstone in the northeast and a
north-northwest trending group that extends over a distance of 85km from Mangana
in the south to Waterhouse in the north. The Mathinna Group sediments are
intruded by granitoid batholiths of Devonian to Carboniferous age. The Scottdale
batholith is to the west of the project area and the Blue Tier batholith to the
east. Metamorphism and folding of the Mathinna Group is attributed to a Silurian
regional orogenic event. They have been subjected to pervasive low grade
metamorphism.

Gold mineralisation in northeastern Tasmania generally occurs within quartz
veins hosted by the Mathinna Group rocks, and also in local placer deposits
derived from their erosion. There is also recorded gold mineralisation in quartz
veining in granitoids. Significant granite related tin mineralisation is also
present in the area. The historical goldfields of Warrentinna, Forester, and
Waterhouse lie in the project area. Gold and associated sulphide mineralisation
is found in quartz veins hosted by metasediments of the Mathinna Group. Most
gold production was between 1880 and 1921 from high-grade lodes. Although
numerous localities are recorded, official production figures are minimal and
many of the historically mined gold occurrences are poorly located and
inadequately documented. In the Waterhouse goldfield some lodes which carried
rich gold were sulphide-rich with assemblages containing arsenopyrite,
chalcopyrite, tetrahedite, pyrite, galena, and sphalerite.

The largest recorded producer was the Golden Mara mine in the Warrentinna field
with 3,368oz produced from 3,560t at an average grade of 29g/t Au. The mine
extended over a length of about 300m and exploited six main reefs with widths of
up to 1.5m and varying orientations. Rich shoots were developed at vein
intersections with one area of southwest-plunging stopes reported as being 60m
long at the 12m level reducing to 12m long at the 60m level. Workings were to a
maximum depth of about 85m, mainly north-northeast trending, and both west and
east dipping. Other mines with significant workings were the North Mara and
Derby, situated about a kilometre north-northeast of the Golden Mara.

Previous exploration

Previous exploration has been carried out within the project area by a number of
parties, however the only systematic modern effort was by that of Herald
Resources during the 1990s. Herald carried out gold exploration over the
Warrentinna, Forester and Waterhouse areas. Its programmes included regional
stream sediment sampling, rockchip sampling, soil sampling, and drilling. The
stream sediment sampling outlined two north trending gold-anomalous areas
(Figure 14 of the CPR). The larger area has a strike length of 7km. It includes
the historical Golden Mara, North Mara, and Derby mines. Rockchip results
included 18.7g/t Au at Forrester, 8.01g/t Au at Warrentinna, and 15.2g/t from
Waterhouse. Soil results were up to 1,342ppb Au at Waterhouse, 592ppb Au at
Warrentinna, and 100ppb Au at Forester. Limited drill testing was carried out
and returned results including 4m @ 4.5g/t and 2m @ 3.8g/t Au from the North
Mara workings and 14m @ 1.1 g/t Au from a Golden Mara lode.

Exploration potential

There is exploration potential within the project area for the discovery of
high-grade shoots beneath known shallow historical workings and within unmined
quartz-lodes. There is also potential for the discovery of larger tonnages of
lower-grade mineralisation adjacent to quartz lodes. Gold mineralisation within
the Mathinna Group has been generally accepted as being restricted to
quartz-rich lodes, within which high-grade (in excess of 30g/t) shoots were
historically mined. Recent exploration drilling by Lefroy Resources Limited , in
the Lefroy Goldfield, about 60km to the west of Warrentinna, has, however,
intersected significant intervals of gold mineralisation both within
disseminated sulphides (20m @ 2.4g/t Au) and within narrow quartz vein arrays
(14m @ 4.1g/t Au). Neither of these types of mineralisation were exploited by
the historical miners. A further indication of the potential for the discovery
of significant tonnages of low-grade mineralisation is the record of 487t of
mullock from the Golden Mara mine, which yielded 2.1 g/t Au when treated at a
battery.

Modern exploration activities over the project area have been limited. The only
systematic stream sediment sampling was by Herald, in the mid 1990s, which
covered only portions of the project area. The sampling outlined two coherent
areas of gold anomalism, neither of which was adequately followed up, either by
infill stream sediment sampling, soil sampling, or drilling.

Herald also conducted the only modern and systematic drill programme. It,
however, only drilled 29 holes within the tenement. A much greater number would
be required to adequately test the areas of the known workings, their strike
extensions, the already outlined stream sediment anomalies, and other anomalous
areas that could be expected to be produced by systematic exploration. The 300m
of workings at the Golden Mara mine, for instance, were only tested by three
lines of drilling. As high-grade shoots can be expected to have a strike length
measured in tens of metres, such drill-testing is inadequate.

Greatland has access to a significant strike length of gold prospective
stratigraphy that includes three historic goldfields. High grade gold has
previously been taken from these goldfields but they have not been subject to
significant modern exploration efforts. Greatland aims to capitalise on its
strategic landholding by conducting efficient regional and prospect scale
exploration programs to realise the project's gold potential.

Timetable of activities

Greatland proposes to compile and fully evaluate all previous exploration work
and historical records prior to the commencement of field activities. This will
be completed by 31 December 2006. It then proposes to carry out a ground
assessment of all known mineralised occurrences, paying particular attention to
vein style and sulphide mineralogy, structural controls, and wallrock
mineralisation and alteration. It is intended these initial investigations will
be followed by geochemical sampling and drilling; to be completed by 30 June
2007. Further ground evaluation, drilling and re-estimation of identified
resources will be ongoing through to 31 December 2007.

Exploration budget

Greatland has proposed a total exploration budget for the Warrentinna project to
30 June 2008 of £100,000. These budgeted figures exceed the minimum annual
expenditure commitments as prescribed by the Tasmanian authorities. This budget
is presented on the basis of a £1.0 million capital raising and should more than
that be raised then the excess will be additionally allocated pro-rata to each
activity to a maximum of £320,000.

                Table 4- Warrentinna project exploration budget

Activity                                             Year 1                Year 2        Totals
Data Compilation                                     £4,000                    £0        £4,000
Geological Mapping                                   £2,800                £8,000       £10,800
Geochemistry                                         £4,000               £20,000       £24,000
Geophysics                                               £0                    £0            £0
Drilling                                            £14,000               £34,000       £48,000
Field Support                                        £1,600                £6,000        £7,600
Administration                                       £1,600                £4,000        £5,600
Totals                                              £28,000               £72,000      £100,000


GOLD - WESTERNAUSTRALIA

Lackman Rock - South-Western Australia

The Lackman Rock project is located in the south of the Yilgarn Craton in
Western Australia (Figure 15 of the CPR). The craton hosts world class deposits
of both gold and nickel sulphide within contained greenstone belts. Greatland's
exploration licence application covers almost 40km of previously unrecognized
greenstones. Greatland processed recently released aeromagnetic data and
interpreted the location of the rocks. The project's location and interpreted
geology make it prospective for both gold and nickel sulphide mineralisation.

The Lackman Rock project consists of a single exploration licence application,
ELA63/983. The tenement was recommended for grant in June 2006. Access to the
tenement is by a track from the towns of Lake King to the west or Salmon Gums
80km to the east. Local infrastructure is good with nearby supply points and a
number of local nickel and gold mines providing communication facilities.

Geological setting

Lackman Rock is located in the central-southern Yilgarn Block of southern
Western Australia. The central-southern Yilgarn region has produced significant
quantities of gold from deposits in the Marvel Loch, Forrestania, and Southern
Cross areas. It also hosts nickel sulphide deposits at Lake Johnston,
Forrestania, and Ravensthorpe (Figure 15 of the CPR). The tenement is located
over the eastern section of the Lake Johnston greenstone belt, a 200km long
greenstone sequence that includes mafic, ultramafic, felsic volcanic and
sedimentary lithologies. The western section of the belt hosts the Emily Ann and
Maggie Hays nickel sulphide mines. No greenstone outcrop has been mapped within
the project area, the majority of the tenement being covered by surficial
deposits of calcareous or ferruginous loams and sands, and laterite gravel. The
Archaean geology has been largely interpreted from aeromagnetic data, satellite
imagery, and aerial photography. Along strike to the north, the stratigraphy
comprises a sequence of metamorphosed mafic and ultramafic rocks with minor
chert and banded iron formation intruded by granitoid.

Previous exploration

No exploration has been carried out within the Lackman Rock project area,
however Billiton and RGC completed work on the immediate northern strike
extensions. Gold mineralisation was located by both companies. Between 1986 and
1987 Billiton Australia Exploration completed reconnaissance mapping and BLEG
soil sampling immediately north of the current project area, targeting gold.
Results outlined three gold anomalous areas with infill sampling confirming the
presence of anomalous gold in soils but no further work was completed. This was
followed by RGC Exploration Pty Ltd, between 1993 and 1999. Work included auger
soil sampling and rock chip sampling. Gold in soil values of up to 25ppb were
obtained.

Exploration potential

The major greenstone belts, from west to east across the southern Yilgarn, are
the Southern Cross-Forrestania belt, the Lake Johnston belt, and the
Norseman-Wiluna belt. The first and last contain significant gold and nickel
sulphide deposits. The Lake Johnston belt is the least well explored of the
three and contains two nickel sulphide deposits. The tenement has potential to
host mineralisation of either commodity.

The Lackman Rock project is located in a region where gold and nickel is
currently mined and represents an opportunity for Greatland to be 'first mover'
on a sequence of prospective rocks that have not been subject to previous
exploration.

Timetable of activities

Greatland proposes to complete exploration activities including interpretation
of remotely sensed data, mapping, geochemical sampling in the first year to 30
June 2007. Drilling of resultant targets will be completed in the first half of
the second year with results available before 31 December 2007.

Exploration budget

Greatland has proposed a total exploration budget for the Lackman Rock project
to 30 June 2008 of £60,000. These budgeted figures exceed the minimum annual
expenditure commitments as prescribed by the Western Australian authorities.
This budget is presented on the basis of a £1.0 million capital raising and
should more than that be raised then the excess will be additionally allocated
pro-rata to each activity to a maximum of £90,000.

                Table 5- Lackman Rock project exploration budget

Activity                                          Year 1                Year 2           Totals
Data Compilation                                  £4,000                    £0           £4,000
Geological Mapping                                £4,000                    £0           £4,000
Geochemistry                                      £8,000                    £0           £8,000
Geophysics                                            £0                    £0               £0
Drilling                                              £0               £30,000          £30,000
Field Support                                     £2,000                £6,000           £8,000
Administration                                    £2,000                £4,000           £6,000
Totals                                           £20,000               £40,000          £60,000



Pursuant to the material contracts set out in paragraph 6.5 of Part 6 of the
Admission Document, the Company is entitled to be the 100% beneficiary of the
tenements.

DIRECTORS

Details of the Directors are set out below:

Andrew Bell aged 51, MA, LLB, Non-executive Chairman

In the late 1970s Andrew Bell was a natural resources analyst at Morgan Grenfell
& Co. His business experience encompasses periods in fund management and
advisory work at financial institutions including Grieveson Grant & Co and
Phillips & Drew, corporate finance in Hong Kong, and private equity. Andrew Bell
is currently Chairman of Regency Mines plc and Red Rock Resources plc, companies
trading on AIM, and a non-executive director of Ormonde Mining Plc, a company
trading on AIM, Axiom Resources Ltd, a company listed on the Venture Exchange of
the Toronto Stock Exchange, and Magyar Mining Plc. He is President of BellMin
Limited and a director of Redstone Metals Pty Ltd.

Callum Baxter aged 37, MSc (Ore Deposit Geology), MAIG, MAusIMM, Managing
Director

Callum Baxter is a geologist with over fifteen years global multi-commodity
experience and is a member of the Australian Institute of Geoscientists and the
Australasian Institute of Mining and Metallurgy.

He has developed considerable experience in the natural resources sector as an
exploration geologist with companies that include Hunter Exploration NL, Equinox
Resources NL and Eagle Mining Corporation NL. Latterly he was a director and
principal geologist for Baxter Geological a mineral exploration services and
management support consultancy.

Paul Askins aged 62, MSc (Mining and Exploration Geology), MAusIMM, RPGeo, MSEG,
Technical Director

Paul Askins is a generalist mineral explorer with considerable experience in the
exploration of gold and base metals in Australia and internationally. His
experience has been gained from working for companies that include Billiton in
Australia, covering all aspect of exploration over a fourteen year period, and
as exploration manager for Central Kalgoorlie Gold Mines NL. He currently is an
independent consultant advising companies that include Avoca Resources Ltd,
Heron Resources Ltd, Capricorn Resources Australia NL, Minorco Aust Ltd, Portman
Mining Ltd, Homestake Gold Aust Ltd, Alcaston Mining NL, Placer Pacific,
Quaestus Ltd, and A1 Minerals Ltd.

Paul Askins is a member of the Australian Institute of Mining and Metallurgy,
the Geological Society of Australia, the Society of Economic Geologists, Inc and
the Society for Geology Applied to Mineral Deposits.

John Watkins aged 62, FCA, Non-executive Director

John Watkins is a chartered accountant and a former partner of Ernst & Young and
Neville Russell. He has experience as a public company director, and is finance
director of Starvest plc, a substantial shareholder of the Company. Of his
directorships, Starvest plc, Regency Mines plc and Red Rock Resources plc are
listed on AIM. He is also Chairman of Lisungwe plc, a mineral exploration
company traded on Ofex.


Enquiries:

Callum Baxter    01638 572085     Greatland Gold plc           Managing Director
John Simpson     020 7512 0191    ARM Corporate Finance Ltd    Nominated Adviser


Updates on the Company's activities are regularly posted on its website
www.greatlandgold.com


                      This information is provided by RNS
            The company news service from the London Stock Exchange