Greatland Gold plc announced that it has been granted a new Exploration Licence E52/4342 ("Woodlands") covering 134km2 as the inaugural tenement in the Mt Egerton Project ("Mt Egerton"). Highlights: Exciting new gold-copper exploration project established in the Gascoyne region, located 230km north of the Meekatharra gold camp; Greatland targeted the region as potentially having mantle tapping structures, an essential ingredient in large scale gold and copper systems; Woodlands tenement includes a 25km strike length in a structurally complex geological setting which is potentially a very favourable mineralisation trap site; The tenement is significantly under-explored, with open file data recording very limited drilling and soil sampling, none of which was assayed for gold; Indigenous Land Use Agreement already in place provides expedited pathway to on-ground exploration work. The newly granted Woodlands tenement is within the Nharnuwangga Wajarri and Ngarlawangga (NWN) native title determination and is covered by an existing Indigenous Land Use Agreement (ILUA) signed between the Government of WA and the Jidi Jidi Aboriginal Corporation (JJAC).

The ILUA applies to any tenure within the area by the tenement holder entering into a prescribed form heritage agreement with JJAC, which Greatland has requested. This is expected to provide a significantly expedited pathway to on- ground exploration activities at Woodlands. Second order splays off this deep seated fault structure have been confirmed in drilling (25-75km) to the east to have elevated gold values, increasing the prospectivity of similar untested fault splays within Woodlands.

Historical work Woodlands is historically underexplored, with only a single line of 6 reverse circulation (RC) drillholes completed by Western Mining Corporation (1993) in the south of the tenement, according to the Geological Survey of WA (GSWA) open file data. Only a limited suite of elements were assayed for, and critically none of the samples were tested for gold. The cover depth in drilling is inferred to be approximately 60 metres and increasing to approximately 100 metres in faulted ground.

The depth of cover is interpreted to shallow towards the west where it outcrops in the Lyons River Anticline and in the north of the tenement. Historical surface sampling programmes carried out by Western Mining (1992) and Abra Mining (2008-2011) included 559 samples completed along the North and East parts of the tenement. As with the historical drilling, gold was not assayed for.

weak copper anomalism appears to be associated with particular lithological units and is likely in the sediments at the time they were laid down, rather than an indicator for mineralisation, post deposition. Competent Persons Statement Information in this announcement pertaining to Reporting of Exploration Results has been reviewed and approved by Mr. Damien Stephens, a Member of the AusIMM, who has more than 30 years relevant industry experience. Mr. Stephens is a full-time employee of the Company and has a financial interest in Greatland.

Mr. Stephens has sufficient experience relevant to the style of mineralisation and type of deposit under consideration, and to the activity which he is undertaking to qualify as a Competent Person as defined by the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code) and under the AIM Rules - Note for Mining and Oil and Gas Companies, which outline standards of disclosure for mineralisation, post deposition .