GEL News Release

Wellington, New Zealand, July 12, 2010.

GLASS EARTH GOLD REPORTS 156 metres at 1.6 g/t Au and 2.6 g/t Ag at WKP gold-silver prospect, Hauraki, New Zealand

Glass Earth Gold Limited (TSXV-GEL; NZAX-GEL) (“Glass Earth”) today announced significant results from a diamond drilling campaign at its WKP gold–silver prospect, a joint venture with the operator, Newmont Mining Corporation.

„WKP‟ GOLD-SILVER PROSPECT – Newmont earning 65%

Newmont continues with its active drilling program on the highly prospective WKP gold-silver prospect and has completed three diamond drill holes (WKP 24, 25 & 26). More results of WKP 24 and 25 are further below, with assays awaited on WKP 26.

WKP 24 intersected mineralization of 156 m @1.6 g/t Au, including 1.6 m of 30.2 g/t Au and 13.8 m of 6.6 g/t Au.

WKP 25 intersected mineralization of 15 m @ 9.3 g/t Au, including 1.8 m of 61.4 g/t Au.

Simon Henderson, President and CEO that “These drilling results are significant intersections in both WKP 24 and 25 confirm that mineralization extends well beyond the known mineralization at WKP. Glass Earth and Newmont are very encouraged by these results and are confident that this exploration phase will provide substantial insight into the characteristics of the new zone, “WKP West” and the overall WKP prospect."

As reported on March 26 2010, the WKP prospect is a 2 km mineralized alteration zone, just 10 km from Newmont‟s Martha gold mine at Waihi (see map below) and 5 km north east of the Golden Cross deposit (634,000 oz gold production in the 1990‟s). The WKP epithermal system has magnetic/alteration characteristics similar to the Martha mine and has open- along-strike potential for several kilometres southward. Exploration in the late 1980‟s and early 1990‟s identified a very extensive altered and gold mineralized system identified as the „WKP Stockwork Zone‟ with multiple intersections, including several ore grade intersections.

The current drilling, together with previous exploration work by Newmont, targeting the new WKP West zone, outlines a new area approximately 180 m wide with a strike continuity of over 600 m.

WKP 24 and 25 intersected broad alteration and intense silicification over wide intervals. Quartz vein stockworks and gold-silver mineralization were encountered adjacent to major
fault structures with at least two high grade intersections apparent in broad mineralized intervals.

WKP 24 intersected:


WKP 24 125.9 282 156.1 @ 1.6 2.6
including 268.2 282 13.8 @ 6.6 3
207.7 209.3 1.6 @ 30.2 44 *within following interval
207 210 3 @ 15.6 23.2
262.5 263.5 1 @ 16 9.8
251 253 2 @ 6.2 2.9
252 253 1 @ 11.3 5.1


WKP 25 collared from the same drill pad intersected:

Hole No From To Interval m Gold g/t Silver g/t
WKP 25 221 236 15 @ 9.3 12.8
including 225 226.8 1.8 @ 61.4 80.3
235 236 1 @ 9.5 19.3

Assay results are pending on WKP 26.

The WKP West zone represents a compelling target in its initial stage of exploration, with surface mapping and additional geophysical data (CSAMT resistivity) planned to assist in the targeting of additional step-out drilling.