Exploration Update

Greatland Gold PLC
29 November 2007


                                GREATLAND GOLD PLC

                               Exploration Update

Dated: 29 November 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 a further update of recent activities and analytical results.

At the Warrentinna project, gold mineralisation continues to be outlined at the
Forester and Warrentinna goldfields. Recent surface rock chip sampling returned
up to 14.4g/t gold and 11.9g/t gold, and soil sampling to 36.4ppb gold. These
results extend and better define previously identified lines of mineralisation,
and also confirm mineralisation in areas not previously recognised.


Warrentinna

Work has continued at the Warrentinna project and focussed on the goldfields of
Forester and Warrentinna. More specifically, further surface sampling efforts at
the Linton and Derby areas have yielded results over 10g/t gold from both
goldfields.


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. The latest rock chip sample results from vein
mineralisation north of the Linton workings were positive, up to 14.36 g/t Au.
Soil sampling north of Linton and, additionally, near Malabar returned a maximum
36.4 ppb gold and 26.5ppb gold. Results confirm the presence of mineralisation
of reasonable tenor over a large area.


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 including the areas of Golden King, Golden Mara,
Derby, Golden Dyke and Renown. Recent rock chip sampling from north of Derby
reported gold including 11.90g/t, 1.74g/t and 1.26 g/t. These results were from
an area of no known workings and indicate a new line of lode.

Further work at the Forester and Warrentinna areas will include the selection of
drill targets and drill program planning, with a view to commencement of Reverse
Circulation (RC) drilling early in 2008.


Firetower

Strike extensions to geology hosting mineralisation at the Firetower project are
present within additional tenure applied for by the Company earlier this year.
Recent appraisal of the additional tenure has resulted in the delineation of
several mineralised areas. These will be subject to more detailed field work in
the coming quarter.

Interpretation of data from the Firetower resource area has confirmed a number
of target areas for further drilling. Collar locations for additional drill
holes are at hand and further diamond drilling will commence as soon as
possible.


Lackman Rock

The Lackman Rock project is located in southern Western Australia and is
prospective for gold and nickel sulphides. Field programs, including geological
mapping and a comprehensive auger sampling program, are scheduled for the
current field season.


Corporate

Greatland Gold owns 100% of all projects in its portfolio. These projects are
located in Australia with low political risk and well established mining
culture. All mandatory government expenditure commitments for 2007 have been met
for all projects.

The company currently holds ample cash to fund its active exploration and
corporate activities into 2008. As such the Company is well positioned to
capitalise on the positive results achieved to date in a climate of increasing
commodity prices, particularly with respect to gold.


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
and all soils are 250g (min) -80# sieved samples. 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. 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                DGGRI