Glass Earth Gold Limited (TSX VENTURE:GEL)(NZAX:GEL) ("Glass Earth" or the
"Company") commences gold production at McAdie's, New Zealand.


Glass Earth Gold Limited further advises that it has closed the non-brokered
private placement announced on October 27, 2009.


Placer mining at McAdies, Ida Valley, New Zealand commenced in mid-December 2009
following the grant of Mining Permit 52 018 on 10 December 2009. Weekly
production is in line with expectations and Glass Earth is delighted to commence
modest gold production.


Consents for the Gun Club placer gold project, Ida Valley have also been granted
as well as Mining Permit 52 021 (on 22 January 2010).


Together with the 40 tonne placer gold plant currently leased out on the
Earnscleugh Project (L&M Mining - nearby at Alexandra), Glass Earth intends to
have three placer projects contributing to gold production/cash flow in the
first quarter 2010. Cash generated from these projects is expected to
significantly contribute to Glass Earth's corporate operating expenses.


Glass Earth's placer operations are managed by GEG's 50% joint venture partner
Dunstan Mining - releasing Glass Earth technical management to focus on its hard
rock exploration in Central Otago, and Hauraki-Mamaku, New Zealand.


Glass Earth further advises that it has completed the non-brokered private
placement announced on October 27, 2009. A total of 7,420,000 units (the
"Units") at CAD$0.05 per Unit for gross proceeds of CAD$371,000. Each Unit is
comprised of one common share and one common share purchase warrant (the
"Warrant"). Each Warrant entitles the holder to purchase one additional common
share at a price of $0.10 until expiry on December 29, 2012. 


The Company also issued 104,000 finder's warrants and paid cash of $5,200 to
finders in connection with the closing of the private placement. The finder's
warrants have the same terms as the Warrants issued to subscribers in the
private placement. The securities issued in the private placement and the
finder's warrants are subject to a hold period expiring April 30, 2010.


The proceeds of the private placements will be used for general corporate purposes.

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 jeanny@chfir.com and mention "Glass
Earth news" in the subject line.
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