HIDEFIELD GOLD PLC                               

                         PHASE III DRILLING PROGRAMME                          

                       UPDATE ON ECONOMIC SCOPING STUDY                        

Hidefield Gold Plc (AIM:HIF) ("Hidefield" or the "Company"), the gold company
with advanced projects in Argentina, Brazil and Alaska, is pleased to announce
that it has contracted Major Drilling Group International Inc. to carry out an
8,000 metre Phase III drilling programme at its Don Nicol�s gold project in
Santa Cruz Province, Argentina. The programme will commence shortly with the
mobilisation of the drill rig to the site and is expected to continue until the
end of the year.

The principal objective of the Phase III programme is continued resource
definition and expansion drilling. It will also include limited infill drilling
within the Sulfuro vein in the La Paloma sector of the project area and within
the high grade Coyote Norte and Coyote Sur veins and the Cerro Oro multiple
vein system, in the Martinetas area (see announcement of 29 August 2007).

The Sulfuro vein contains approximately 65 per cent. of the current Don Nicol�s
gold resource and remains open along strike and at depth. The outlined Coyote
ore shoots are delimited along strike but remain open at depth. The
mineralization in the Cerro Oro ore-shoots is less well defined but remains
open in all directions.

The Phase III drilling programme will also include initial drill holes testing
the Trofeo and Goleta prospects, respectively located 10 kilometres southwest
and 5 kilometres north of Martinetas. Limited drilling by earlier operators at
Trofeo has outlined gold mineralization in a wide vein zone traceable for 250
metres along strike and to a depth of 125 metres. Past holes include vein
intercepts up to 6.56 grammes per tonne ("gpt") gold along 10 metres. The zone
is open in both strike directions and at depth. Goleta is interpreted as a flat
lying tabular body in which past drill holes intercepted mineralization grading
up to 21 gpt gold across 8 metres and 1.6 gpt gold across 14 metres.

The Economic Scoping Study, being carried out by Independent Engineers
Australia Pty Ltd, is scheduled for completion in late October or early
November 2007 and the Company has also engaged local consulting groups to
commence baseline environmental studies, required in connection with eventual
mine permitting, and hydrogeologic investigations for the sighting of process
and domestic water sources.

John Prochnau BSc (Mining Engineering), MSc (Geology), Hidefield's Chief
Executive Officer, has reviewed and approved the content of this announcement.

ABOUT HIDEFIELD

Hidefield is a gold company with a focus on the acquisition and development of
highly prospective projects in North and South America. The Company has a
diverse portfolio of projects. In South America and Alaska the projects are
directly held by Hidefield, while those projects in Canada, Nevada and Arizona
are held in independent, self-funded associate companies.

Hidefield's substantial direct gold project interests are principally in
Argentina where the Company is actively exploring the advanced stage Don
Nicol�s gold project in Santa Cruz Province with a mineral resource estimate,
prepared in compliance with JORC reporting standards, of 1,214,000 tonnes at
7.7 gpt gold containing 301,600 ounces of gold using a high grade cut of 90 gpt
gold (383,400 ounces of gold at 9.8 gpt without high grade cut off).

The Company is exploring an extensive portfolio of gold exploration licences in
the Patagonian provinces of Santa Cruz and Chubut, Argentina while in Brazil
the Company's activities are focused on the evaluation of the advanced stage
Cata Preta gold project near the historic city of Ouro Preto in the productive
Quadrilatero Ferrifero region of Minas Gerais state.

In Alaska, Hidefield has a 60 per cent. interest in the Golden Zone and South
Estelle mineral projects and an option to earn up to 100 per cent. interest,
subject to a 2.5 per cent. NSR, by making a series of staged cash, share and
property expenditures. The Golden Zone property is located 240 km north of
Anchorage and contains a measured and indicated resource of approximately
253,000 ounces of gold, 1,180,000 ounces of silver and 6,114,000 pounds of
copper. The South Estelle property, now in a joint venture with International
Tower Hill Mines Ltd, is located approximately 175 km northwest of Anchorage
and 230 km southwest of the Golden Zone project and adjoins Kennecott's
Whistler copper-gold property.

For more information on Hidefield go to www.hidefieldgold.com

For further information on this release, please contact:

Hidefield Gold Plc                                    + 44 773 300 1002       
                                                                              
Ken Judge, Chairman                                   + 44 20 7590 5503       
                                                                              
Investor Relations                                                            
                                                                              
Paul Ensor                                                                    
                                                                              
Hanson Westhouse Limited (Nomad)                      + 44 113 246 2610       
                                                                              
Tim Feather / Matthew Johnson                                                 
                                                                              
Landsbanki Securities (UK) Ltd (Broker)               + 44 20 7426 9000       
                                                                              
Tom Hulme                                                                     



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