Exploration Update

Greatland Gold PLC
17 July 2007

                                GREATLAND GOLD PLC



                               Exploration Update



Dated: 17 July 2007


Greatland Gold plc (the 'Company') the mineral exploration and development
company focused on gold projects in Tasmania and Western Australia is pleased to
announce an update of recent activities along with further analytical results.



At Firetower, gold results up to 5.33g/t have been received from additional
surface rock chip sampling within the resource area. These results represent
further near-surface mineralisation within the resource area untested by
drilling.



At Warrentinna, gold mineralisation has been identified over two trends. One is
5km long at the Forester goldfield, and the second 2km at the Warrentinna
goldfield. Recent surface rock chip sampling has returned encouraging results
including 464g/t gold (14.9 ounces per tonne), 130g/t gold (4.2 ounces per
tonne) and 61g/t gold (1.9 ounces per tonne).



Firetower



Following a successful surface rock chip sampling program within the resource
area at Firetower in April this year, an additional program was completed during
May and June in an effort to locate further indications of surface
mineralisation. The latest program was again successful in locating
mineralisation with grades including 1.0m at 5.33g/t gold and 2.5m at 3.57g/t
gold. A table of significant results is presented in Table 1.


                               Table 1 - Firetower Significant Rock Chip Results


       Sample No            Type            Interval (m)      Gold  (g/t)
         7432         channel rockchip           1.0              5.33
         7439         channel rockchip           2.5              3.57
         7428         channel rockchip           2.0              2.76
         7441         channel rockchip           3.0              1.14
         7431         channel rockchip           1.4              1.01
         7429         channel rockchip           2.0              0.62
         7448         channel rockchip           3.7              0.59
         7447         channel rockchip           3.5              0.50
         7438         channel rockchip           3.0              0.35
         7440         channel rockchip           2.5              0.27


                                          m - metres,  g/t - grams per tonne



These results are added zones of mineralisation at surface, not tested or
incompletely tested by drilling. The identification of these surface zones may
alter the interpretation of the configuration of the deposit, and it follows
that further drilling is required before updating the Firetower resource
estimate.



Warrentinna



The Warrentinna project is located in the north east of Tasmania in Australia
and covers the three historic goldfields of Warrentinna, Forester and
Waterhouse. Further sampling and mapping was carried out at the southern
goldfields of Warrentinna and Forester during May and June.



Warrentinna Goldfield



At the Warrentinna goldfield, the mineralised trend has been mapped over a
strike length of 2km, and its northern extensions have not been explored in the
past. Sampling completed during May and June returned encouraging results
including 464g/t gold (14.9 ounces per tonne), 130g/t gold (4.2 ounces per
tonne) and 61g/t gold (1.9 ounces per tonne). Further results are presented in
Table 2.


                  Table 2 - Warrentinna Goldfield Significant Rock Chip Results


  Sample No          Type           Gold (g/t)     Silver (g/t)    Arsenic (ppm)
    7453           rockchip           463.92           149.3            7812
    7219           rockchip           129.57           40.0            17172
    7226           rockchip            61.06           37.0            20678
    7215           rockchip            11.94            4.0             2896
    7220           rockchip            6.38             2.0             1839
    7452           rockchip            4.05             3.6             4781
    7454           rockchip            2.46             1.3             1453
    7455           rockchip            0.92             1.9             1473
    7212           rockchip            0.58              -              1266
    7223           rockchip            0.58            25.0              38
    7456           rockchip            0.49              -              4138
    7221           rockchip            0.45              -               85


                     m - metres,  g/t - grams per tonne, ppm - parts per million



Rock samples were taken from a variety of material along the mineralised trend.
This included in-situ bedrock, existing shallow workings and ore from dumps
adjacent to historic workings. Silver also reported at elevated levels.



Forester Goldfield



Further north at the Forester goldfield, mineralisation has been located over a
strike length of more than 5km. Results up to 7.26g/t gold were reported along
with elevated silver. Further details are presented in Table 3.


                      Table 3 - Forester Goldfield Significant Rock Chip Results


   Sample No           Type           Gold (g/t)     Silver (g/t)    Arsenic (ppm)
     7460            rockchip            7.26             6.3            3464
     7457            rockchip            4.22             5.3            4229
     7228            rockchip            3.33             2.0            1133
     7474            rockchip            0.30            46.8            6890
     7458            rockchip            0.28              -              833
     7227            rockchip            0.27              -              331
     7461            rockchip            0.27              -              342
     7476            rockchip            0.20            13.6             373
     7472            rockchip            0.12            32.1            1743
     7473            rockchip            0.09            16.6            5076
     7475            rockchip            0.02            32.7             775


                     m - metres,  g/t - grams per tonne, ppm - parts per million



Lackman Rock



The Lackman Rock project is located in southern Western Australia in a region
with nearby producing gold mines and nickel mines. No exploration work has been
carried out on the project to date.



The Western Australian Government has approved the application and indicated its
intention to grant the tenement. Consequently, tenement grant is expected during
the current quarter and an auger sampling program will follow.



Operations



In light of the strong results from Warrentinna (+100g/t gold) the company will
concentrate operations at the Forester and Warrentinna goldfields during the
latter parts of 2007. Activities proposed include mapping, auger soil sampling,
rock chip sampling and RC drilling.



At Firetower, several additional zones of surface mineralisation require drill
testing in the resource area. This will be undertaken prior to re-estimation of
the resource. Expenditure commitments and budgeted spending for this project
have been met for the current calendar year and, for the immediate time; the
company has conservatively decided to defer drilling until early 2008. In the
meantime the company will entertain Joint Venture arrangements and/or seek to
finalise an off-take agreement for pre-defined ore at Firetower.



At Lackman Rock in Western Australia, a program of auger soil sampling is
planned. This is expected to be completed during the final quarter of 2007.



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, 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.



All rock chip results are obtained from grab or continuous chip sampling to 2kg.
All samples are prepared at Genalysis Laboratory Services' Adelaide facility
using a single stage pulverisation, and assayed at Genalysis Laboratory
Services' Perth laboratory. An Aqua Regia digest with atomic absorption
spectrometry analysis technique (AAS) is used for gold. An Aqua Regia digest
with Optical Emission Spectrometry (OES) is used for silver and arsenic. Full
quality control is achieved using a suite of standards, duplicates, repeats and
blanks.



Enquiries:


Callum Baxter    [phone]   Greatland Gold plc           Managing Director
John Simpson     [phone]   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