Result of AGM & Update

Griffin Mining Ld
15 June 2007


Griffin Mining Limited


Results of Annual General Meeting


Update on Progress at Caijiaying


15th JUNE 2007


At the annual general meeting held today of the shareholders of Griffin Mining
Limited ('Griffin' or the 'Company'), all resolutions were duly passed.


At the meeting the Chairman, Mr. Mladen Ninkov, gave a summary report on
progress at the Caijiaying zinc gold mine. The Chairman reported that:


1.  Construction work on the plant upgrade to increase mill throughput to 
    500,000 tonnes of ore per annum in 2007 and 750,000 tonnes of ore per annum 
    in 2008 and to produce a precious metals concentrate containing gold, 
    silver, copper and lead, by the end of the summer, was underway.


2.  A resource was beginning to emerge at zone II two kilometres to the south of 
    the zone III mining area at Caijiaying.


3.  The Company continues to evaluate further acquisitions which have the 
    potential to add significant value to the company.


Caijiaying continues to deliver excellent results and is expected to continue to
do so in the foreseeable long term.


Further information


Mladen Ninkov - Chairman                           Telephone: [phone]
Roger Goodwin - Finance Director
Griffin Mining Limited

Adrian Hadden / Christopher Rollason               Telephone: [phone]
Collins Stewart Limited

Hugo de Salis                                     Telephone: [phone]
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).

      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