Progress Report on Recovery Operations

Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration
                               27 September 2010
                   Goldplat plc ('Goldplat' or 'the Company')
                     Progress Report on Recovery Operations

Goldplat  plc, the AIM quoted gold producer, is pleased to provide an operations
update  for its two gold recovery businesses in South Africa and Ghana which are
both continuing to perform strongly.

Gold  Recovery Ghana ('GRG'), the Company's  100 per cent. owned subsidiary, has
entered  into an  agreement with  Golden Star  (Wassa) Limited  ('Wassa'), under
which Wassa will undertake contract processing on gold bearing materials sourced
and owned by GRG. Wassa has undertaken to process approximately 4,000 tonnes per
month  which is expected to  produce an additional 3,000 -  4,000 oz of gold per
year  at  Goldplat's  Ghana  recovery  operations.  This agreement increases the
processing capacity of the group and has the potential to generate a significant
profit for GRG.

The contract is for an initial period of one year from the date of the agreement
and can be extended.

In  South Africa further progress has been made to secure new raw materials, and
ensure the long-term supply of gold bearing feedstock for processing.  A further
agreement  has been finalised with AngloGold Ashanti Limited to purchase a total
of  20,000 tonnes of  gold bearing  raw material,  with an estimated 3,000 oz of
contained  gold,  from  its  West  Wits  operation  in South Africa. The Company
expects to process this material over a period of six to twelve months.

                                  * * ENDS * *

For further information visitwww.goldplat.com or contact:
Demetri  Manolis, CEO Goldplat plc                  Tel: [phone]

James Joyce           WH Ireland Limited            Tel: [phone]

Felicity Edwards      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 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#1447070]








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