Exploration Update

14 April 2011

                               GREATLAND GOLD PLC

                               Exploration Update

                    Commencement of Drilling at Warrentinna
                    And Results from Bromus and Lackman Rock


Greatland  Gold  plc  (the  "Company"),  the mineral exploration and development
company  focused on gold  projects in Tasmania  and Western Australia, announces
that  drilling has  commenced at  its Warrentinna  project. Furthermore, results
from  auger sampling at  Bromus and Lackman  Rock have defined significant areas
with elevated gold in soil, and nickel prospective ultramafic units.


Warrentinna

The  project is located in north-east  Tasmania and covers approximately 110 km²
of  rocks prospective for  gold mineralisation. The  Derby North area is located
within  this project and  has, to date,  been an area  of focus for the Company.
Previous  reverse circulation  drilling by  the Company  at the Derby North area
returned  results of  5m at 29.26g/t gold  from 36m, including  1m at 103.07g/t
gold.

The  Company  has  received  all  necessary  Government approvals for a proposed
follow-up  reverse circulation drilling  program at the  Derby North area. After
initial  site delays  in March,  due to  heavy rains,  the Company is pleased to
announce that reverse circulation drilling at Derby North has commenced.

The current drill program will test the continuity of mineralisation intersected
previously,   and  also  examine  southern  and  western  strike  extensions  to
mineralisation.

Initial  sampling of drill  holes will be  as 4m composites. Significant results
from  4m composite sampling  will then  be re-sampled  as 1m intervals to better
define grade distribution and assess repeatability of gold grades.

First  results from the current reverse  circulation drilling are expected to be
received during the current quarter.


Bromus

The  Bromus  project  is  located  in  the  southern  Yilgarn  region of Western
Australia, approximately 25km south-west of the gold mining town of Norseman.

Bromus  includes a  north-west trending  greenstone belt  that is interpreted to
have  a width of some 2km. Most of the  tenement is covered by soils with little
exposure of the underlying gold prospective greenstones.

The  Company has completed its maiden auger geochemical soil sampling program at
the  project. Being a regional sampling program, the sample spacing was broad at
800m x 100m. Analyses of all samples have now been received.

The  auger sampling has  defined a coherent  anomaly some 4,600m long  and up to
600m wide peaking at 8.4ppb gold. This anomaly is co-incident with the strike of
underlying   prospective  greenstone  sequences  as  interpreted  from  regional
aeromagnetic data.


Lackman Rock

Lackman Rock is located in the southern Yilgarn region approximately 80km south-
west of Norseman in southern Western Australia.

The Company has completed a follow-up auger geochemical soil sampling program at
the  project to better define elevated gold  and nickel values outlined from its
previous  regional sampling.  This follow-up sampling reduced the sample spacing
at  the project from 1,000m x 200m to  400m x 200m. Analyses of all samples have
now been received.

The  follow-up auger sampling, together with the previous sampling, has outlined
two  areas of elevated  gold values. The  first covers an  area of approximately
800m x 200m peaking at 8.3ppb gold and the second area of 900m x 700m peaking at
6ppb gold.

Furthermore,   sample   results   suggest  that  nickel  prospective  ultramafic
lithologies  are present  in the  central parts  of the project area. Ultramafic
units  are interpreted to be present over a strike extent of 1,800m with a width
of some 400m.

Geophysical  surveys and drilling may be  justified to further investigate these
gold  and nickel prospective areas, and  future exploration strategies are to be
formulated.


Corporate

Greatland  Gold owns 100% of all projects in its portfolio. The Company's policy
is  to develop its projects via systematic exploration activities culminating in
the drilling of strategic targets in an effort to locate new orebodies.

The  Company concentrates its efforts in  Australia where there is low political
risk, an established mining culture and regions prospective for new orebodies.


Callum  Baxter, CEO, commented: "Field activities for 2011 have commenced and we
are  pleased to have drilling underway at the Derby North area, where management
believes  there is potential to delineate  near surface gold resources. The high
grades  intersected in  previous drilling  by the  Company are very encouraging.
Additionally,  field work carried out so far  this year in Western Australia has
outlined  a number  of large  areas with  gold and nickel prospectivity. Further
work  on these areas  is likely in  the near term.  We are in  discussion with a
number  of parties with  regard to Joint  Venture arrangements for our Tasmanian
and Western Australia licences and we will update the market in due course."


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  RC drill  sample results  were obtained  from 1m spear sampling to 4kg. All
samples  were prepared at Genalysis Laboratory Services' Adelaide facility using
single  stage pulverisation, and assayed at Genalysis Laboratory Services' Perth
laboratory.  A  50g Fire  Assay  with  atomic  absorption  spectrometry analysis
technique (AAS) was used for gold while all other elements were determined using
a  Four  Acid  digest  and  optical  emission  mass  spectrometry (OES) analysis
technique.

All surface sample results were prepared by Genalysis Laboratory Services' Perth
facility  using single stage pulverisation,  and assayed at Genalysis Laboratory
Services'  Perth  laboratory.  A  25g Aqua  Regia  digest  with  enhanced atomic
absorption spectrometry analysis technique (AAS) was used for gold.

Sample  quality  control  is  achieved  using standards, duplicates, repeats and
blanks.

Where   the   Company   has  made  reference  to  drill  intersections  in  this
announcement, it has interpreted these are at, or near, true widths.



Enquiries:

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

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






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Source: Greatland Gold PLC via Thomson Reuters ONE

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