Permission Granted to Commence Development and ...

Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration
                                14 February 2011
                   Goldplat plc ('Goldplat' or 'the Company')
                   Permission Granted to Commence Development
                     and Mining in the Kenyan Gold Project

Goldplat  plc, the AIM  -quoted gold producer,  is pleased to  announce that the
Government  of Kenya has granted permission  for its subsidiary, Kilimapesa Gold
Ltd  ('Kilimapesa Gold'), to commence  operations at its mine  in the Trans Mara
District  of SW  Kenya.  Kilimapesa  Gold recently  registered a Mining Location
over  the current  mining area,  which allows  the operations  to continue for a
period  of one year renewable.  The Mining Lease grant process is expected to be
completed in the near future in order to secure long term mining rights over the
gold prospect.

Kilimapesa  Gold's  project  is  located  in  the  potentially  gold-rich Migori
Archaean  Greenstone  Belt  in  Kenya.   The  Company  aims  to develop a small,
profitable,  gold mine, with an initial target of producing approximately 5,000
ounces  of gold ('oz Au') per annum within 12 months of being granted its mining
licence.  The project currently has a JORC-compliant resource of 1.65Mt at 2.44
g/t  Au for  129,000 oz of  gold at  a cut-off  grade of  1 g/t of  gold for all
categories,  but  the  Company  is  looking  to  increase  this  through further
exploration.

Kilimapesa Gold is now focussed on implementing plans to increase its production
capability  and to this  end, it intends  to set up  an elution plant and carbon
regeneration  kiln,  which  will  allow  Kilimapesa  Gold to export gold bullion
rather  than  concentrate.  Kilimapesa  Gold  upholds  its  stated commitment to
contribute  to establishing  an environmentally-conscious  mining culture within
the  country and  will rigorously  work together  with the Kenyan authorities to
achieve this.

Goldplat  CEO Demetri Manolis said, "This is very exciting news for us, enabling
Kilimapesa  Gold to commence operations.  The  management of Kilimapesa Gold are
appreciative  of the interest and support  shown by the Minister for Environment
and  Mineral Resources Hon. John  N. Michuki, EGH, MP,  and will ensure that the
progress  of the exploration project and  mining activity is communicated to him
regularly.   We look forward to updating shareholders  on a regular basis on the
project's  progress  including  capacity  build  up  and  associated exploration
programme."

                                  * * ENDS * *

For further information visitwww.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 mid-tier gold company.

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'Ivore, Senegal, the DRC and
Mauritania, as well as Ghana.

Goldplat's  strategy is to  build itself into  a 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  resulted  in a maiden JORC
compliant resource being reported in October 2009.

Goldplat  also has an  option over the 246  sq km Nyieme Gold Project located in
Burkina Faso, which 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.  A maiden resource was announced in December 2010 of 685,000 tonnes
at  2.61 g/t  Au  for  57,501oz Au  at  a  cut-off  grade  of 1.0 g/t Au for all
categories but the Company hopes to increase this through further exploration.











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Source: Goldplat plc via Thomson Reuters ONE

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