Griffin Mining Regulatory News (GFM)

27 Jul 2005 07:00

Griffin Mining Ld27 July 2005 60 St James's Street, London SW1A 1LE, United Kingdom Telephone: + 44 (0)20 7629 7772 Facsimile: + 44 (0)20 7629 7773 E mail: griffin@griffinmining.com 27th July 2005 FIRST SALE OF ZINC CONCENTRATE REVERSE CIRCULATION DRILL RIG ON SITE Griffin Mining Limited ("Griffin" or the "Company") is pleased to announce thatthe first sale of zinc concentrate from its Caijiaying zinc gold mine has beenmade with payment received in advance of the delivery of 1,200 tonnes of zincconcentrate to local Chinese smelters. The reverse circulation drill rig ("RC Rig") imported from Australia has nowreached the Caijiaying mine site where it has been placed on the first drill padready for the immediate commencement of drilling. Mladen Ninkov, Griffin's Chairman, commented: "Griffin has now left the world of the junior speculative resource companies andentered the realm of revenue producing mining companies. This is a just rewardfor Griffin's loyal shareholders. With the arrival of the RC Rig on site, Ilook forward to further enhancing shareholder value with the expectation of thedrill results as they become available in the autumn." Further information Mladen Ninkov - Chairman Telephone: +44(0)20 7629 7772Roger Goodwin - Finance DirectorGriffin Mining Limited Andrew Smith/Martin Eales Telephone:+44(0)20 7523 8350Collins Stewart Limited Hugo de Salis Telephone: +44(0) 20 7242 4477St Brides Media & Finance Ltd Griffin Mining Limited's shares are quoted on the Alternative Investment Market (AIM) of the London Stock Exchange (symbol GFM). The Company's news releases are available on the Company's web site: www.griffinmining.com This information is provided by RNS The company news service from the London Stock Exchange