Exploration Update

GREATLAND GOLD PLC

                               Exploration Update


14 April 2010


Greatland Gold plc (the "Company"), the mineral exploration and development
company focused on gold projects in Tasmania and Western Australia, announces an
exploration update.

Re-sampling of reverse circulation drill holes at the Warrentinna project has
confirmed the high grade nature of gold mineralisation. Results include 5m at
29.26g/t gold from 36m, including 1m at 103.07g/t gold. Mineralisation remains
open to the north, south and at depth.


Warrentinna

A program of Reverse Circulation ("RC") drilling was completed at the Derby
North prospect during late 2009. All RC holes were drilled to a maximum depth of
100m and angled at 60 degrees. Single metre re-sample results have now been
received.

Results from 1m re-sampling include 5m at 29.26g/t gold from 36m, including 1m
at 103.07g/t gold. Silver reported a maximum of 7g/t over 1m intervals.
Re-sample results over 1g/t gold are presented in Table 1.


                       Table 1 - RC 1m Re-Sample Results

+---------------------------------------------------+
| Hole ID   From   To    Interval    Gold    Silver |
|           (m)    (m)     (m)      (g/t)    (g/t)  |
+---------------------------------------------------+
|                                                   |
| WTR013     36    41       5       29.26           |
|                                                   |
|   incl.    36    39       3       47.99     6.00  |
|                                                   |
|     and    37    38       1       103.07    7.00  |
|                                                   |
| WTR013     83    86       3        2.99           |
|                                                   |
|   incl.    84    85       1        5.09           |
|                                                   |
| WTR013     90    92       2        2.39           |
|                                                   |
| WTR014     10    11       1       11.49           |
|                                                   |
| WTR016     38    39       1        1.22           |
|                                                   |
| WTR018     14    15       1        2.82           |
|                                                   |
| WTR018     22    23       1        1.79           |
|                                                   |
| WTR018     26    27       1        2.77           |
|                                                   |
| WTR019     72    73       1        1.93           |
+---------------------------------------------------+


Gold mineralisation is coincident with quartz vein structures and disseminated
sulphides. Drilling to date only covers a strike length of 100m but has
established that there is a 100m wide, north-south trending, zone of gold
mineralisation within which quartz reefs with high grades occur.

The mineralised zone and the high grade reef remain open to the north and to the
south and at depth. The system was not previously found by prospectors.

Re-sampling results confirm the original 4m composite sampling results and
suggest there is potential for an open pittable gold resource at Derby North.


Ernest Giles

In Western Australia, drilling of the large Ernest Giles gold project is planned
to commence in the coming months. Ernest Giles is located in a remote region of
Western Australia and has been subject to little exploration activity in the
past despite it's prospectivity for gold and other commodities.

Drill contracts have been signed and formal government approval for the drill
program is awaited. Airborne geophysical data has been re-processed and drill
targets refined. Ground activities, in preparation for drilling, are scheduled
to commence in the coming weeks.


Lackman Rock

The Lackman Rock project covers a little explored greenstone sequence in the
south of Western Australia, close to existing gold and nickel sulphide
operations.

A program of systematic geochemical sampling has commenced and will concentrate
on the northern parts of the project. The area to be covered by the survey is
some 20km x 5km.

Results of the sampling are expected during the current quarter and will outline
the distribution of prospective lithologies under relatively thin sand cover.
Results will also aim to provide target areas for in-fill sampling activities
and subsequent drill testing.


Firetower

Mapping is continuing at the Anomaly 1 prospect. Results will be integrated with
drillhole and geochemical data.

Surface geochemistry is underway at the Star of the West prospect in the north
of the project area. Mapping and rock chip sampling is being undertaken at the
Lobster prospect.


Corporate

Greatland Gold owns 100% of all the projects in its portfolio. The Company's
policy is to develop its projects via systematic exploration work that
identifies high value drill targets.

The Company remains true to its policy of concentrating on Australia with its
low political risk, strong infrastructure and its established mining culture.
Greatland Gold has retained significant levels of capital for exploration
activities and has been prudent in the application of funds towards these
expenses and corporate overheads.

The board are encouraged by the gold price which has remained above US$1,100 per
ounce despite a calmer capital markets environment. The gold price when
expressed in Sterling or Euro has hit new record levels. The board remains open
to partnering and cost sharing opportunities with third parties where it can add
further expertise and capital for the benefit of Greatland Gold shareholders.


Callum Baxter, Managing Director, commented: "Confirmation of the high tenor of
gold mineralisation at Derby North is pleasing. Only 100m of strike has been
tested to date, mineralisation remains open and is at shallow depths. Further
work is required at Derby North during 2010. At Ernest Giles we are very
enthusiastic about the Company's' maiden drill program for the project. It is a
very prospective region that has seen only cursory exploration work in the past
despite the obvious prospectivity. We look forward to the commencement of
drilling at Ernest Giles."


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
a  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  sample quality control is achieved  using a suite of 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] <mailto:[e-mail]>
www.greatlandgold.com


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





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