Progress statement on the re-opening of Caijiaying Mine operations

Chairman Mladen Ninkov commented, “I am grateful to all our professional staff, employees and contractors in keeping to the scheduled re-start of operations announced by the Company late last year. This is even more critical in light of the spot zinc price trading over $4,000 tonne, the highest price in over 15 years, and the significantly positive effect that will have on the cash generated by our operations.”

About Griffin Mining Limited 

Griffin Mining Limited’s shares are quoted on the Alternative Investment Market (AIM) of the London Stock Exchange (symbol GFM). Griffin Mining Limited owns and operates through its 88.8% owned Joint Venture in China  the Caijiaying Zinc Gold Mine, a profitable mine producing zinc, gold, silver, and lead metals in concentrates. For more information, please visit the Company’s website giffinmining.com.

Further information

Griffin Mining Limited
Mladen Ninkov – Chairman
Roger Goodwin – Finance Director
Telephone: +44(0)20 7629 7772

Panmure Gordon (UK) Limited
John Prior
Alisa MacMaster
Telephone: +44 (0)20 7886 2500

Berenberg
Matthew Armitt
Jennifer Wyllie
Deltir Elezi                                                                
Telephone: +44(0)20 3207 7800

Blytheray
Tim Blythe                                                     
Telephone: +44(0)20 7138 3205

Swiss Resource Capital AG
Jochen Staiger                         
Telephone: +41(0)71 354 8501

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014