Exploration Update

GREATLAND GOLD PLC

                         Exploration Update


30 July 2009





Greatland Gold plc ("Greatland" or the "Company"), the mineral
exploration and development company focused on gold projects in
Tasmania and Western Australia is pleased to provide an update on
exploration activities, and a new gold project.

A large new gold project named  Ernest Giles has been granted to  the
Company by the  Western Australian government.  The Company has  also
received formal grant for the Lackman Rock project.


Ernest Giles

The Ernest Giles gold project is a large, gold prospective area
located in central Western Australia. Greatland is pleased to report
that title to the mineral rights has been granted to the Company by
the Western Australian government. The project comprises two
contiguous tenements which cover an area of 686 sq kms. The project
is located in a remote desert region 250km north east of Laverton in
central Western Australia.

The project area covers two buried Archean greenstone belts, part of
the Yilgarn Craton. The Archean basement is recognised to be part of
the far eastern Yilgarn Craton. The eastern Yilgarn region contains
the Wiluna, Leonora, Kalgoorlie, St Ives, and Norseman gold camps and
the 'world-class' nickel sulphide deposits of Mt Keith, Leinster, and
Kambalda. The eastern Yilgarn Craton is the most highly mineralised
area in Western Australia, containing numerous gold deposits that
individually have production in excess of 1 million ounces of gold
according to studies by Geoscience Australia, the Australian national
geological survey.

The Ernest Giles region hosts the recently discovered Tropicana gold
discovery, operated by AngloGold Ashanti Australia Ltd, which lies
about 200km to the south of the Ernest Giles Project. The Tropicana
gold resource currently stands at over 5 million ounces and this
discovery has been made beneath desert sands in the order of 20 to 40
metres thick.

At Ernest Giles, the locations of the Archean greenstone belts have
been interpreted from aeromagnetic data collected by the Australian
government and Western Mining Corporation (WMC). Aeromagnetic images
of the area clearly show the presence of linear, strongly magnetic
lithologies within the project tenements. The Archean greenstone
sequence is covered by approximately 10m of recent desert sands along
with in excess of 100m of Permian glacial tillite.

Due to its remote nature and cover sequences there has been only
limited previous exploration. CRA Exploration and WMC Exploration
explored parts of the project area between 1996 and 1999. Limited
reverse circulation (RC) drill holes were completed by WMC
Exploration which confirmed the presence of gold prospective Archean
rocks at a depth of 170m.

The greenstone belts clearly defined by the existing geophysics are
likely to contain gold mineralisation, based on the fact that most of
the other well explored belts of similar size in the Yilgarn region
have been shown to contain various gold occurrences and deposits. The
Yilgarn greenstones also contain both disseminated and massive nickel
sulphide mineralisation. If the cover sequence at Ernest Giles were
substantially less the tenements would have been subject to far more
extensive precious metals exploration.

The Ernest Giles greenstone belt is one of only a few greenstone
belts within the Yilgarn Craton of Western Australia that has not
been explored in detail. However, the apparent project-wide cover has
deterred companies from systematic exploration over the length of the
belt, as it would be more expensive than similar exploration over
belts with less cover.

Similar Archean stratigraphy is seen at Mt Magnet, 600km to the west.
Gold deposits at Mt Magnet have yielded in excess of 5 million ounces
of gold.  The Ernest Giles project area clearly shows similarities of
size, structure, and magnetic signatures of the Mt Magnet area. One
objective of our planned exploration will be to better understand the
geology at Ernest Giles which the Company believes is very similar to
Mt Magnet.

At Ernest Giles specific gold targets have already been interpreted
by the Company from existing geophysical and geochemical data. Such
targets are to be tested with a relatively small number of RC
pre-collared diamond holes within a predefined budget that the
Company estimates at AUD$400,000.

It is widely recognised in the exploration and mining industry that
the next generation of large deposits will come from areas under
cover that have not been subject to significant exploration in the
past.

Field activities are scheduled to commence at Ernest Giles in the
coming months with drilling of targets envisaged before the end of
2009. Like the remote Tropicana gold deposit, field operations will
be managed from Perth in Western Australia, supplies will be sourced
from Kalgoorlie and Perth, and the Ernest Giles project will be
accessed by existing 4WD tracks.


Lackman Rock

Greatland is pleased to report that mineral title to the tenement has
been granted by the Western Australian government.

The Lackman Rock project is located in the southern goldfields of
Western Australia and covers an area of approximately 200 sq kms. The
immediate region is host to large (over 1 million ounce) gold
deposits at Bounty, Marvel Loch, Westonia and Southern Cross and is
also host to nickel sulphide mines at Forrestania and Lake Johnston.

Within the Lackman Rock project area the gold and nickel prospective
greenstone sequences covered by a thin veneer of approximately 10m of
recent soil and sand. Greatland's tenement has had no previous
exploration activity, and as such represents an opportunity to
evaluate a portion of a greenstone belt within the Yilgarn of Western
Australia not previously examined for either nickel or gold.

Initial field activities will include mapping and geochemical
sampling. These activities are scheduled to commence in the later
parts of 2009.


Firetower

Recent work by  the Company outlined  a strong gold  anomaly over  an
area of 450m x 50m peaking at 916ppb gold. Testing of this area  with
a program of diamond  drilling is planned.  Planning is advanced  and
currently work  programs  are  currently being  assessed  by  various
Tasmanian government departments.  Subject to  their approval,  which
the Company expects to be forthcoming shortly, drilling is  scheduled
to commence in August 2009.


Warrentinna

The Company are continuing to pursue  the Derby North area with a  RC
drill  programme.  Drilling  will  test  strike  extensions  to  gold
mineralisation previously discovered  by Greatland.  Planning for  RC
drilling is advanced  and work  programs have been  submitted to  the
Tasmanian government  departments  for  their  approval.  Subject  to
gaining the relevant approvals, drilling is scheduled to commence  in
early August. Results  from the drilling  will assist in  determining
whether an open pittable gold resource exists at Derby North.


East Lisle

The East Lisle tenement is located in the north east of Tasmania  and
is prospective for gold. Recent work by Greatland has defined several
gold targets within the 229 sq  km area. Field work on these  targets
will commence during the 3rd quarter of 2009.


Corporate

The Company is encouraged  by the recent strength  in the gold  price
which appears to have  established a new  trading range above  US$900
per ounce.  In fact  the precious  metals group  has been  especially
strong  notwithstanding  the  recent  strong  performance  in  global
equities. It is reasonably clear that recent monetary policies, aimed
at boosting money supply, has reinforced the perception of gold as an
inflationary hedge.

The Company maintains a  strong capital position  ahead of these  new
investment additions and the acceleration in exploration expenditure.
The Company will continue to  prudently manage its capital and  limit
the reliance on shareholders.
The Company  continues to  pursue strategic  partnerships with  local
parties with a view to joint  ventures and cost sharing deals on  our
properties. The Company will  update shareholders when these  efforts
result in  a  clear  third party  undertaking.  The  Company  remains
positive  that  these  initiatives  will  progress  in  the   current
financial year.

The Company remains active and will provide further information as it
comes to  hand. Our  website  at www.greatlandgold.com  is  regularly
updated with in- depth information on the Company.


Callum Baxter, Managing Director, commented: "The addition of the
Ernest Giles project to the Company's portfolio provides further
exposure to the currently buoyant gold market. We relish the
challenge of unlocking the value potential of such a large gold
project and are excited to be pursuing large deposits under cover
where the next generation of 'world class deposits' will be found.
Ernest Giles and Lackman Rock will see the commencement of work by
Greatland in the Yilgarn of Western Australia. It is a very active
time for the Company"


Competent Persons

The information in this announcement that relates to Exploration
Results is based on information compiled by Mr Paul Askins and Mr
Callum Baxter, directors of Greatland Gold plc, who are both members
of the Australasian Institute of Mining and Metallurgy. Paul Askins
and Callum Baxter have sufficient experience which is relevant to the
style of mineralisation and type of deposit under consideration and
to the activity that they are undertaking to qualify as Competent
Persons as defined in the 2004 Edition of the 'Australasian Code for
Reporting of Exploration Results, Mineral Resources and Ore
Reserves'. Paul Askins and Callum Baxter consent to the inclusion in
the announcement of the matters based on their information in the
form and context in which it appears.



Enquiries:

Greatland Gold plc
Callum Baxter
Tel  [phone]
Email:  [e-mail]
www.greatlandgold.com


Grant Thornton UK LLP
Gerry Beaney / Colin Aaronson
Tel  [phone]

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