Progress Report on Ghana Gold Operations

Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration
16 March 2010
                   Goldplat plc ('Goldplat' or 'the Company')
                      Progress Report on Ghana Operations

Goldplat  plc,  the  AIM  quoted  gold  producer,  has, though its Ghanaian gold
recovery  business,  Gold  Recovery  Ghana  Limited  ('GRG'),  signed an ongoing
agreement  with AngloGold Ashanti (Ghana) Limited ('AngloGold') to purchase gold
bearing  materials for processing at its operations in Tema, Ghana.  The Company
is  confident that  the gold  produced from  these materials will increase GRG's
overall monthly gold production figures.

GRG  provides an economic method  for mines to dispose  of waste materials while
meeting  environmental obligations.  In  line with this,  the agreement will see
GRG  acquire fine carbon and mill liners,  which are by-products from the mining
process,  from AngloGold's Obuasi and Iduapriem gold mining operations in Ghana,
where  stockpiles of these  materials have accumulated.   It is anticipated that
the  first load of materials are expected to be delivered to GRG by beginning of
April 2010.

Goldplat's  CEO Demetri Manolis  said, "Our gold  recovery processing operations
both  in Ghana and South Africa continue  to be cash generative and profitable.
We are focussed on increasing production at GRG, so were delighted to strengthen
an  existing relationship with one of the major mining companies, AngloGold, and
secure  additional long-term supplies  of gold bearing  materials for processing
and future production."

                                  * * ENDS * *

For  further  information  visit  www.goldplat.com <

http://www.goldplat.com/> or
contact:

 Demetri  Manolis, CEO Goldplat plc                  Tel: [phone]

 James Joyce           WH Ireland Limited            Tel: [phone]

 David Porter          WH Ireland Limited            Tel: [phone]

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

 Isabel Crossley       St Brides Media & Finance Ltd Tel: [phone]


Notes:

Goldplat 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
producing  circa 21,000 ounces of gold per year.  These safely dispose of mining
by-products,  and  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  is looking to increase its asset base through the acquisition of known
deposits  with targets of between 200,000 and  one million contained ounces.  To
this end, it is developing two projects; its wholly owned Kilimapesa Gold mining
project,  located in the historically  producing Migori Archaean Greenstone Belt
in  western Kenya and the  prospective 246 sq km Nyieme  Gold Project in Burkina
Faso  with  a  view  to  establishing  a  mining  operations in the short term.
Kilimapesa  Gold commenced initial production  in January 2009 and has announced
an initial JORC-compliant resource of 1.65Mt at 2.44 g/t Au for 129,000 oz Au at
a cut-off grade of 1 g/t Au for all categories.









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