Progress at Caijiaying

10 Jun 2005 10:38

Griffin Mining Ld10 June 2005 GRIFFIN MINING LIMITED 10th JUNE 2005 UPDATE ON PROGRESS AT CAIJIAYING At the annual general meeting held today the Chairman, Mr. Mladen Ninkov, gave areport on the progress of the development of Caijiaying. The Chairman reportedthat both dry and wet commissioning had now been successfully completed and thatproduction was to commence next Wednesday, 15th June. Furthermore, the Company has successfully contracted to drill 18,000 metres ofexploration drilling with a reverse circulation ("RC") drill rig to test theextension to the zone III ore body and to test the epithermal gold anomalies atCaijiaying. The RC drill rig is currently on route to China. To the Company'sknowledge, this is the first time an RC drill rig is to be used in China for anexploration programme. Further information Mladen Ninkov - Chairman Telephone: +44(0) 20 7629 7772 Roger Goodwin - Finance Director Griffin Mining Limited Philip Davies Telephone: +44 (0) 20 7953 2000 Charles Stanley & Company Limited Hugo de Salis Telephone: +44 (0) 20 7242 4477 St Brides Media & Finance Ltd Griffin Mining Limited's shares are quoted on the Alternative Investment Market (AIM) of the London Stock Exchange (symbol GFM). Further information on Griffin Mining Ltd is 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