Last checked at 9 Dec 2010 10:21
Griffin Mining Limited
Recommencement Of Operations At Caijiaying
9th December 2010.
Further to the recent announcements made by Griffin Mining Limited ("Griffin"), Griffin is pleased to announce that not only have mining and milling activities recommenced at the Caijiaying Mine, but that approval has now been granted by the Chinese authorities, in conjunction with the previously granted mining licence, to process up to 750,000 tonnes of ore per annum through the fully commissioned upgraded mill. Formal approval of the upgraded processing design is expected in the new year upon the completion and submission of the design of the already constructed new processing facilities by a recognised Chinese design institute. With the upgrade of the processing facilities completed, Griffin anticipates that ore extraction and milling rates will reach the equivalent of 750,000 tonnes of ore per annum by the Spring of 2011.
Further information
Griffin Mining Limited:
Mladen Ninkov (Chairman)
Roger Goodwin (Finance Director ) +44 (0)20 7629 7772
Panmure Gordon (UK) Limited +44 (0)20 7459 3600
Dominic Morley
Hannah Woodley
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