Exploration update

Greatland Gold PLC
20 February 2008



                              GREATLAND GOLD PLC

                               Exploration Update


20 February 2008

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 and analytical results.

A Reverse Circulation ('RC') drilling program has commenced at the Warrentinna
project to test gold lodes below historic workings. Also at Warrentinna, further
surface sampling has returned high grade gold and silver mineralisation up to
24.24g/t gold and 522g/t silver.


Warrentinna

A program of RC drilling has commenced at the Warrentinna goldfield within the
southern portion of the Warrentinna project area. Drilling is designed to test
the tenor of gold mineralisation in lodes below the existing shallow historic
workings. Also, recent surface sampling at the Warrentinna and Forester
goldfields continued to return high grade gold and silver results.


Warrentinna Goldfield

The Warrentinna goldfield is defined by numerous historic workings.
Mineralisation has been outlined over a strike length of approximately 6km
through clusters of workings that include Golden King, Golden Mara, Derby,
Golden Dyke and Renown.

An RC drilling program has commenced which will test the gold lodes beneath
shallow workings, over a strike length of approximately 3km. Workings to be
tested include Golden Mara, Derby and Golden Dyke. Seven traverses of angled RC
drill holes will be completed with holes ranging from 40m deep to a maximum
depth of 110m. Previous surface sampling of these areas by the Company has
yielded many +10g/t gold results; a number of samples over 100g/t gold to a
maximum 464g/t gold. Currently, the RC drilling is progressing in a positive and
efficient manner. Sulphide mineralisation has been visually identified in
several drill holes completed to date, though laboratory gold analyses are not
yet available.

Results for additional surface sampling from the Golden Mara working have been
received. These include up to 24.24g/t gold and 13.07g/t silver confirming the
high grade nature of the mineralisation at the Warrentinna goldfield.


Forester Goldfield

The Forester goldfield hosts the Malabar and Linton workings where a
north-northeast trending zone of gold mineralisation has been outlined over a
strike length of some 6km. Additional results from surface sampling were
recently received and confirmed the presence of +10g/t gold with accompanying
silver to a high of 522g/t.


Southern Cross Goldfield

The Tasmanian Government has granted mineral title to the Company for additional
tenure adjacent to the existing Warrentinna licence. This increases the size of
the Warrentinna project from 115 sq kms to 168 sq kms. The new tenure includes
the historic workings of the Southern Cross goldfield and immediate future work
will include appraisal of targets, mapping and surface sampling.


Firetower

Mineral title to the additional Firetower East tenement has been granted by the
Tasmanian Government. Strike extent of gold prospective geology, that includes
the Firetower mineralisation, has increased from 18km to approximately 40km.
Appraisal of the new ground has been undertaken and several target areas have
been outlined.

Recent field activities have included mapping, rock chip sampling and BLEG
stream sediment sampling. Previously unmapped historic workings and shallow
adits have been located. Work is ongoing.


Lackman Rock

Lackman Rock in southern Western Australia is located in a region known for its
producing gold and nickel sulphide mines. Grant of this tenement is expected in
the current quarter, with field work to follow.


Corporate

Greatland Gold owns 100% of all projects in its portfolio. These projects are
located in Australia with low political risk and established mining culture.

Commodity prices remain robust, particularly gold which has seen record highs of
more than US$900 per ounce. This continues to focus interest on the gold mining
companies of the resource sector.


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 while silver is
determined using an Aqua Regia digest and mass spectrometry (MS) analysis
technique. Full quality control is achieved using a suite of standards,
duplicates, repeats and blanks.


Enquiries:


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

Grant Thornton Corporate Finance
Gerry Beaney / Colin Aaronson
Tel  [phone]


                      This information is provided by RNS
            The company news service from the London Stock Exchange