GEL Graphano Energy Ltd

Glass Earth Gold Limited (TSX VENTURE:GEL)(NZAX:GEL) ("Glass Earth") - 

- Pilot processing plant construction completed, bulk testing commenced on
the Wai-iti gold vein.

- Gold soil geochemistry highlights potential for new gold bearing 
vein/shears

- Ultra-detailed ground magnetics demonstrates gold geochemistry hosted on
green schist margins pointing to several new vein/shears.

Glass Earth Gold Limited is pleased to provide an update on its work on the
Ophir gold prospect (last reported on August 18).


The Ophir Prospect (in a 50:50 JV with Ophir Gold Ltd) is located on Exploration
Permits 40 427, 40 870, part 40 702 and part PP 39 322 ("Ophir JV area") in the
heart of Central Otago, reef-gold country, in the South Island of New Zealand
(see map below). Numerous highly prospective mineralized reefs, as well as
near-surface gold bearing gravels, contribute to the excellent potential of the
overall Joint Venture Area.


Glass Earth has recently constructed a purpose-built pilot plant (5-7
tonnes/hour throughput) designed to recover coarse/fine free gold by means of
conventional crushing/grinding followed by a gravity separation process. An
initial bulk sample of approximately 150 m3 is currently being processed in
order to confirm the crushing parameters and recoveries. Following this test,
the pilot plant will be relocated on site at the Wai-iti vein system for
additional bulk testing.


Following a successful Evaluation Phase (November 2009), an affirmative decision
to mine would allow for the construction of a larger plant (circa 40 tonnes/hour
throughput), completion of regulatory consents and mining. The potential to
replicate the mining on other pods of near-surface ore will be progressively
evaluated thereafter.


In terms of the farm-in to the JV, Glass Earth is required to solely fund the
Evaluation Phase study as well as the design, resource permitting and
installation of suitable processing plant on the chosen mining site.


Glass Earth has also expended 60% of the requisite NZ$250,000 (approximately
C$185,000) on other exploration initiatives in the JV Area; the preliminary
focus having been on EP 40 427 and the Wai-iti vein system therein.


Glass Earth undertook geological mapping across the Ophir JV area, collecting
and assaying 30 rock-chip samples and 672 soil samples. Legacy and Glass Earth
derived soil samples both display new NW trending gold anomalies. High grade
rock samples up to 56 ppm gold have been taken from trenches and adit sampling
across the Wai-iti shear.


Glass Earth has also completed a detailed ground magnetic survey to complement
the airborne geophysical data acquired in a previous survey, providing accurate
delineation of the greenschist lithologies which host important shear/vein
systems on its margins.


Combined, the greenschist margins and new soil gold geochemistry highlight
potential for several new gold bearing shear/vein systems.


Further updates on other aspects of Glass Earth's exploration efforts will be
provided shortly.


Qualified Persons

Glass Earth's exploration programmes are carried out under the supervision of
Glass Earth's President and CEO, Simon Henderson, M.Sc, M.AUSIMM, F.SEG. Mr.
Henderson meets the qualified person requirements (as defined by National
Instrument 43-101) with more than 30 years of experience in the gold mining and
exploration industry.


About Glass Earth Gold Limited

Glass Earth is one of the largest New Zealand-based gold exploration companies
exploring a land position of over 17,000 km2 in the North and South Islands.
With its main office in Wellington, New Zealand, Glass Earth Gold Limited is
listed on the TSX Venture Exchange (TSX VENTURE:GEL) and the New Zealand
Alternative Stock Exchange (NZAX:GEL).


To receive Company news via email, contact lindsay@chfir.com and mention "Glass
Earth news" in the subject line. 


To view the map associated with this release, please visit the following link:

http://media3.marketwire.com/docs/glassmap.jpg

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