Drilling Report

TIDMGGG

GGG Resources plc

(the "Company" or "GGG")

Bullabulling 7 Hole Drill Programme: Results Indicate Gold to Depth

Highlights:

A seven diamond drill hole programme totalling 1,396m was recently completed
over a 2.5km section of the 6km long Bullabulling Trend.

This is additional to the data used in the recently announced JORC Mineral
Resources of the Bullabulling Project of 1.98 million ounces of gold (41.5 Mt @
1.5 g/t Au at 0.7 g/t Au cut off).

The maximum grade intersected was 37.4g/t gold over 1.0 metre, with visible
gold present.

Mineralisation was intersected below the 120 metres depth used in the recent
JORC inferred resource. Results include: 15m @ 1.64 g/t gold from 126m depth in
hole AZBBRD0001, 5m @ 1.54g/t gold from 156m depth in hole AZBBRD0005 and 25m @
1.7 g/t gold from 144m depth in hole AZBBRD0006.

New areas of mineralisation intersected outside the latest JORC inferred
resource including. 15.6m @1.26 g/t gold from 354m depth in hole AZBBRD0001.

Near surface mineralisation were intersected in areas under the current pits
including. 2.5m @ 2.1 g/t gold from 1.5m depth in hole AZBBRD0006, 7m @ 1.1 g/t
gold from 3m depth in hole AZBBRD0007, 3m @ 5.38 g/t gold from 63m depth in
hole AZBBRD0003 and 14m @ 1.67 g/t gold from 77m depth and 5.8@ 3.1g/t gold
from 107m depth all in hole AZBBRD0004.

Drilling confirms vertical and lateral continuity in line with the recent
structural study and the recent JORC inferred resource.

A good reconciliation was present between new diamond and adjacent historic
drill intersections.

Jeff Malaihollo, Managing Director of GGG Resources, comments:

"We are highly encouraged by these results, particularly as they confirm the
continuity of mineralisation, identify the depth extension and in addition
identify new areas of mineralisation."

Drill Results

The diamond drilling programme at the Bullabulling Gold Project, planned to
intersect known mineralisation over a 2.5km portion of the Bullabulling Trend
between Bacchus and Phoenix pits, has been completed and all assays received.

This work has been undertaken by GGG and Auzex Resources Limited ("Auzex")
under its joint venture partnership at the Bullabulling gold project.

This drill programme provides further corroboration of the review of historic
results carried out by CSA Global as announced on 16 August 2010.

Seven drillholes for 1,396m including 200m of reverse circulation pre-collars
were completed. The drilling was designed to primarily provide detailed
structural information related to grade and allow detailed geological data to
be collected from the hanging wall through to the foot wall of the Bullabulling
shear zone, which is approximately 500m wide. The drillholes were also planned
to continue deeper than the historic drilling to test for new zones of
mineralisation and provide information to provide further internal support to
the joint venture of the new JORC compliant Inferred Resource model. A summary
of significant intersections are given in the table of drill results and the
results are described in detail below.

Table 1. Summary of intersections at a 0.3 g/t cut off with 4m internal
dilution

Hole From To Width Au g/t

AZBBRD0001 93.0 94.0 1.0 4.59

AZBBRD0001 111.0 122.0 11.0 0.51

including 111.0 113.0 2.0 1.30

AZBBRD0001 126.0 141.0 15.0 1.64

including 132.0 136.0 4.0 4.91

AZBBRD0001 277.0 278.0 1.0 2.15

AZBBRD0001 316.0 317.0 1.0 2.02

AZBBRD0001 354.4 370.0 15.6 1.26

including 354.4 360.0 5.6 1.93

including 365.0 370.0 5.0 1.66

AZBBRD0003 63.0 109.0 46.0 0.76

including 63.0 66.0 3.0 5.38

including 65.0 66.0 1.0 14.30

including 86.0 87.0 1.0 6.62

AZBBRD0004 77.0 91.0 14.0 1.67

including 87.0 91.0 4.0 4.41

AZBBRD0004 107.2 113.0 5.8 3.09

AZBBRD0005 68.0 78.0 10.0 0.89

AZBBRD0005 156.0 161.0 5.0 1.54

AZBBRD0006 1.5 4.0 2.5 2.10

AZBBRD0006 30.0 32.0 2.0 1.06

AZBBRD0006 53.0 64.0 11.0 0.52

AZBBRD0006 144.0 169.0 25.0 1.69

including 144.0 145.0 1.0 37.40

AZBBRD0007 3.0 10.0 7.0 1.09

AZBBRD0007 25.0 31.0 6.0 0.46

AZBBDD0007 46.0 47.0 1.0 1.97

AZBBRD0007 59.0 61.0 2.0 0.78

Table 2. Bullabulling Diamond Drill Programme: Drillhole collar locations,
depths and orientations

Hole Easting Northing RL Dip Az Depth Area
AGD 84 AGD 84
AZBBDD0001 299,198.64 6,566,114.06 432.26 -50.00 90.00 420.5 Bacchus South

AZBBDD0002 299,276.54 6,566,371.48 428.98 -50.00 70.00 159.3 Bacchus South-Bacchus North

AZBBDD0003 299,290.18 6,566,538.50 431.33 -60.00 90.00 159.8 Bacchus North

AZBBDD0004 299,843.06 6,567,383.02 438.56 -60.00 90.00 153.7 Phoenix

AZBBDD0005 299,712.08 6,567,578.82 439.65 -60.00 90.00 192.8 Phoenix

AZBBDD0006 299,431.96 6,565,941.57 370.37 -50.00 105.00 198.8 Bacchus South

AZBBDD0007 299,839.04 6,567,580.96 415.42 -60.00 90.00 108.8 Phoenix

Drill hole collar details with coordinates in AMG, AGD 84

Drill hole AZBBRD0001 was planned to test the western lode in the Bacchus South
pit below the floor of the current pit and to test for deeper mineralisation
beneath the current pit. The drilling was planned so that holes AZBBRD0001 and
AZBBRD0006 provide a complete section through the entire width of the
Bullabulling shear zone. The hole was planned to a target depth of 392m and was
drilled to 420m. Mineralisation was expected to be intersected at 116m but was
instead intersected between 126m and 141m with 15m at 1.64 g/t Au intersected,
including 4m at 4.91 g/t Au from 132m. A low grade zone was also intersected
above the target zone with 11m at 0.51 g/t Au intersected from 111m, including
2m @ 1.30 g/t Au from 111m. Importantly, a new zone of mineralisation was
intersected beneath the mineralisation mined historically with 15.58m at 1.26 g
/t Au intersected from 354.42m, including 5.58m at 1.93 g/t Au from 354.42 and
5m at 1.66 g/t Au from 365m. This intersection confirms the structural model of
stacked lodes in the footwall of the Bacchus mineralisation. This intersection
is also located outside the current resource model.

Drill hole AZBBRD0002 was planned to intersect a north east oriented lode that
links the gold deposits in the Bacchus South and Bacchus North pits. This
structure was targeted because it has not been exposed in the pits and because
of its orientation may host higher grade mineralisation. The hole was planned
to a target depth of 220m and was drilled to 162m. The target was expected to
be intersected at 176m, but the hole failed to reach this depth due to bogged
drill rods and the target was not intersected. No significant assays were
returned from this hole.

Drill hole AZBBRD0003 was planned to target a high grade segment of the steeper
dipping portion of the lode in the Bacchus North deposit. This hole is collared
60 m west of the pit and was planned to a target depth of 160m, which was
achieved. Mineralisation that corresponds to the targeted linking structure was
intersected as planned with 46m at 0.76 g/t Au from 63m. This intersection
includes zones of higher grade mineralisation including 3m @ 5.38 g/t Au from
63m, 1m at 14.3 g/t Au from 65m and 1m at 6.62 g/t Au from 86m. The width of
the mineralisation intersected was greater than expected as were the grades of
the higher grade parts of the mineralised structure.

Drill hole AZBBRD0004 was planned to test for the interpreted continuation of
gold mineralisation between the Bacchus North and Phoenix pits, which could
allow the Bacchus and Phoenix pits to be combined into a single pit with a
strike length of more than 2,500m. The hole was planned to a target depth of
150m and was drilled to 154m. Mineralisation was expected to be intersected at
84m. The holes successfully intersected the targeted mineralisation between 77m
and 91m with 14m at 1.67 g/t Au, including 4m at 4.41 g/t Au from 87m. A shoot
was also intersected below the targeted shoot with 5.75m grading 3.09 g/t Au
intersected from 107.25m. In addition, a number of low grade zones were
intersected in the upper part of the hole. The lower zone of mineralisation
represents a new target that will add to the current resource.

Drill hole AZBBRD0005 was planned to intersect the lodes mined in the Phoenix
pit below the level of current mining. The hole was planned to a target depth
of 200m and was drilled to 193m. The hole was planned to intersect
mineralisation at 75m and 160m respectively. Both zones of mineralisation were
successfully intersected with 10m at 0.89 g/t Au from 68m and 5m at 1.54 g/t Au
returned from 156m. The hole confirms the targeted mineralisation continues at
depth beneath the current pit.

Drill hole AZBBRD0006 was planned to intersect a North West trending lode mined
in the Bacchus South pit. Mineralisation was planned to be intersected between
42m and 57 m. The hole also tested for new zones of mineralisation in the
footwall of the deposit. The hole was planned to a target depth of 200m and was
drilled to 198m. The mineralised lodes mined in the Bacchus South pit were
successfully intersected with 2.5m at 2.1 g/t Au returned from 1.5m and 2m at
1.06 g/t Au from 30m and 11m at 0.52 g/t Au from 53m. A number of narrow high
grade zones of mineralisation including 1m at 37.4 g/t Au from 144m (visible
gold was identified at this intersection) and wider low grade intersections,
including 25m at 1.69 g/t Au from 144m were also returned below the target that
represents new mineralisation targets in the footwall that are not included in
the current resource.

Drill hole AZBBRD0007 was planned to test the highest grade part of the eastern
most lode below the Phoenix pit. The hole was planned to a target depth of 110m
and was drilled to 109m. Mineralisation was expected to be intersected at 60m.
Narrow low grade mineralisation was intersected at the target depth with 2m at
0.78 g/t Au intersected from 59m. Two zones of mineralisation that were
unexpected were intersected higher up in the hole with 7m at 1.09 g/t Au
intersected from 3m and 6m at 0.46 g/t Au from 25m.

Technical information in the Company news releases has been reviewed and
approved by Dr. Jeffrey F. A. Malaihollo the Company's Managing Director, who
is a Fellow of the Geological Society of London.

For further information, please contact:

Dr. Jeffrey Malaihollo Westhouse Securities Limited

Tel: 01992 531820 Tim Metcalfe / Martin Davison

Email: info@ccgoldfields.com Tel: 020 7601 6100

www.ccgoldfields.com

Gresham PR Alexander David Securities
Limited
Neil Boom
Nick Bealer / David Scott
Tel: 07866 805 108
Tel: 020 7448 9820

END

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