Operational Update

Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining &
                             Exploration
6th February 2009
             Goldplat plc ('Goldplat' or 'the Company')
     South African and Ghanaian Gold Recovery Operational Update

Goldplat plc, the AIM quoted gold producer, is pleased to provide  an
operations  update  for  its   gold  recovery  businesses  prior   to
announcing its  interim results  for the  six month  period ended  31
December 2008.

Overview:


  * South African and Ghanaian gold recovery operations performed
    well in the quarter to December 2008
  * South Africa: Further stockpiles secured, bringing the total
    stocks of materials for processing to 44,050 oz, equating to four
    years of current woodchip production capability, three years of
    gravity concentration capacity and three years of leach capacity
  * Ghana:  Further stockpiles have been identified and sampled -
    Goldfields Ltd has extended the fine carbon contract with Gold
    Recovery Ghana Ltd
  * Expanding geographic reach, locating opportunities in Tanzania
    and Zambia to increase future revenues


Goldplat  CEO  Demetri  Manolis  said,  "Our  processing   operations
continue  to  perform  strongly.   We  have  signed  further   supply
contracts  with  leading  resource  companies,  including   AngloGold
Ashanti and Goldfields, ensuring the long-term supply of gold-bearing
feedstock for both recovery plants.  Additionally, we are looking  to
expand our geographic reach by locating opportunities in Tanzania and
Zambia, which should again  positively impact our future  operational
performance."

South Africa: Goldplat Recovery (Pty) Ltd

Further progress has been  made to secure new  raw materials for  the
Company's South  African gold  recovery  business. An  agreement  was
recently signed with the West Wits Business Unit of AngloGold Ashanti
Limited to purchase an  additional two stockpiles  of high grade  raw
material.

Additionally,  Rand  Refinery   Ltd  ('Rand  Refinery'),   Goldplat's
strategic partner,  confirmed a  long-term monthly  supply of  copper
gold concentrates for  toll processing at  the Company's  facilities.
Goldplat Recovery  also signed  an agreement  with Durban  Roodepoort
Deep's ERPM operation for the purchase of stockpiles of gold  bearing
waste material; and signed  an agreement with Goldfields  Driefontein
operation for the  purchase of stockpiles  of gold bearing  material.
 Currently, Goldplat Recovery  has 44,050 oz  stocks of material  for
processing, of which 34,220 oz are  on site and 9,830 oz are  secured
offsite. This equates  to four years  of current woodchip  production
capability, three years of  gravity concentration capacity and  three
years of leach capacity

Further  refurbishment  work  is  planned  to  optimise  the   plants
performance. A  new  automated  gold gravity  concentrator  has  been
commissioned, and to  increase the flexibility  and recovery of  gold
and platinum from materials on site, Goldplat is installing increased
flotation capacity.

Ghana: Gold Recovery Ghana Limited ('GRG')

In Ghana,  GRG has  identified further  stockpiles of  materials  for
processing. Goldfields' Tarkwa operation  has extended its  agreement
to deliver fine carbon for a further year.  Additionally, a  contract
has been awarded to GRG to process fine carbon from the Bibiani mine.
GRG is also transporting woodchips from Golden Star's Wassa operation
to establish a  stockpile for  burning, once the  new incinerator  is
operational.  The construction  of the incinerator  for use at  GRG's
Tema facility is nearing completion  in South Africa and is  expected
to be completed and shipped at the end of February 2009.

Further stockpiles of tailings raw material from artisanal activities
have  also  been  identified   and  currently  being  evaluated,   in
particular a significant stockpile of tailings outside Tarkwa is  now
being investigated with a  view to securing  a contract. GRG's  total
stockpile reserves equate to 35,000 oz of materials for processing.

Additional Opportunities:

In line  with  the  Company's strategy  of  developing  further  cash
generative opportunities in Africa,  Goldplat's management team  made
an exploratory  visit  to  Tanzania to  examine  the  possibility  of
commencing recovery operations. As a result the Company has commenced
negotiations with potential Tanzanian partners.  Volumes of artisanal
tailings in excess  of 100,000 tonnes  were identified, measured  and
sampled.  Although  some of  the  identified stockpiles  are  already
being  treated,  the   processing  facilities  in   place  are   very
rudimentary and the Company's technological strength would provide  a
competitive advantage in the market.   Discussions with two Tanzanian
parties  are  ongoing,  with  a   view  to  Goldplat  providing   its
technological expertise,  and  the Tanzanian  parties  supplying  the
tailings.  The  Company will  update the  market accordingly  on  any
developments.

The Company  is  also seeking  opportunities  in Zambia  due  to  its
favourable  geographic  locality.   Significant  volumes  of   copper
concentrates containing  gold  have  been identified  in  the  copper
mining regions of Zambia  and contacts have  been established with  a
number  of  small  miners.   Goldplat  has  initiated  a  preliminary
investigation into the potential of an operation, under which  copper
gold material will be upgraded by Goldplat and the concentrates  sold
to  the  Company's  strategic  partners  Rand  Refinery,  which   has
facilities to handle copper gold concentrates.

                            * * ENDS * *

For further information visit www.goldplat.com or contact:

Demetri  Manolis, CEO    Goldplat plc                 Tel: [phone]
                                                      1203
James Joyce/Sarang Shah  WH Ireland Limited           Tel: +44 (0)20
                                                      7220 1666
Bill Sharp/David Scott   Alexander David Securities   Tel: +44 (0)20
                         Limited                      7448 9820
Felicity Edwards/Hugo de St Brides Media & Finance    Tel: +44 (0)20
Salis                    Ltd                          7236 1177


Notes
Goldplat plc  is  an  AIM-listed gold  producer  with  operations  in
Africa. Its strategy is to create a mid-tier mining house focused  on
gold production  leveraged through  revenue generated  from its  gold
recovery businesses.

The Company  has two  recovery business  based in  South African  and
Ghana, which, by  safely disposing of  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 feedstock's  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 has expanded  into gold  mining through  the acquisition  of
known deposits  with  targets  of between  200,000  and  one  million
contained ounces.  To this end, in  a 50/50 JV, it is developing  the
potential of the highly prospective 213 sq km Lolgorien licence  area
located in the historically producing Migori Archaean Greenstone Belt
in western  Kenya,  which  commenced  production  January  2009.   In
addition, a  number of  other potential  projects across  Africa  are
under review.

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