Additional New Drilling Resul

RNS Number : 3430Y

Griffin Mining Ld

21 December 2010

Griffin Mining Limited

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

Additional New Drilling Results from Caijiaying

High Grade Zinc Results

21^st December 2010

Griffin Mining Limited ("Griffin" or the "Company") is pleased to announce further excellent results from its ongoing drilling programme at Zone III which continues to discover extensive high grade zones at its Caijiaying zinc gold mine in North East China. Additional very high-grade zinc mineralisation was identified. Better zinc assays included:

28.10 metres @ 10.66 % Zinc with 52.29 g/t Silver, 0.50% Lead & 0.85 g/t Gold

21.30 metres @ 17.25 % Zinc with 54.14 g/t Silver, 0.42% Lead & 0.21 g/t Gold

21.20 metres @ 22.80 % Zinc with 83.66 g/t Silver, 0.65% Lead & 0.78 g/t Gold

14.85 metres @ 32.81 % Zinc with 123.30 g/t Silver, 1.08% Lead & 0.23 g/t Gold

12.70 metres @ 18.34 % Zinc with 95.85 g/t Silver, 1.08% Lead & 0.16 g/t Gold

10.45 metres @ 18.50 % Zinc with 93.92 g/t Silver, 0.74% Lead & 1.44 g/t Gold

11.20metres @ 16.26 % Zinc with 50.14 g/t Silver, 0.21 % Lead & 1.39 g/t Gold

10.15 metres @ 14.23 % Zinc with 67.01 g/t Silver, 0.67% Lead & 0.50 g/t Gold

9.95 metres @ 19.40 % Zinc with 56.75 g/t Silver, 0.50% Lead & 0.47 g/t Gold

9.66 metres @ 11.63 % Zinc with 33.81 g/t Silver, 0.62% Lead & 0.08 g/t Gold

6.90 metres @ 27.37 % Zinc with 115.74 g/t Silver, 0.79% Lead & 1.67 g/t Gold

4.00 metres @ 33.52 % Zinc with 124.81 g/t Silver, 1.79% Lead & 0.29 g/t Gold

4.40 metres @ 27.45 % Zinc with 113.17 g/t Silver, 0.91% Lead & 0.07 g/t Gold

4.00 metres @ 17.50 % Zinc with 56.28 g/t Silver, 0.65% Lead & 0.38 g/t Gold

4.00 metres @ 17.31 % Zinc with 62.82 g/t Silver, 0.75% Lead & 3.31 g/t Gold

4.00 metres @ 18.09 % Zinc with 279.75 g/t Silver, 0.01% Lead & 0.20 g/t Gold

Significant high grade zinc intersections are shown in the following table.

	From	To	Interval	Zinc	Silver	Lead	Gold
Hole No.	(m)	(m)	(m)	(%)	(g/t)	(%)	(g/t)
UGCJY-856	75.00	80.60	5.60	24.91	30.10	0.10	0.57
UGCJY-951	22.40	32.85	10.45	18.50	93.92	0.74	1.44
UGCJY-952	17.65	24.55	6.90	27.37	115.74	0.79	1.67
UGCJY-953	1.00	10.95	9.95	19.40	56.75	0.50	0.47
UGCJY-997	11.80	33.00	21.20	22.80	83.66	0.65	0.78
UGCJY-1041	13.15	25.85	12.70	18.34	95.85	1.08	0.16
UGCJY-1048	19.80	41.10	21.30	17.25	54.14	0.41	0.21
UGCJY-1093	1.00	15.85	14.85	32.81	123.30	1.08	0.23
UGCJY-1107	84.10	88.10	4.00	33.52	124.81	1.79	0.29
UGCJY-1129	29.20	33.60	4.40	27.45	113.17	0.91	0.07
UGCJY-1483	59.00	70.20	11.20	16.26	50.14	0.21	1.39
UGCJY-1483	99.85	110.00	10.15	14.23	67.01	0.67	0.50
UGCJY-1623	104.00	132.10	28.10	10.66	52.29	0.50	0.85
UGCJY-1701	173.00	177.00	4.00	17.50	56.28	0.65	0.38
UGCJY-1715	14.00	18.00	4.00	17.31	62.82	0.75	3.31
UGCJY-1721	0.00	9.66	9.66	11.63	33.81	0.62	0.08
UGCJY-1729	46.00	50.00	4.00	18.09	279.75	0.01	0.20

Competent Person Statement

The data in this report that relates to Exploration Results for the Caijiaying Area, China, is based on information reviewed by Mr Jack Drzymulski who is a Member of the Australasian Institute of Mining and Metallurgy. Mr Drzymulski is a full time employee of Hebei Hua Ao Mining Industry Company Limited. Mr Drzymulski has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Drzymulski consents to the inclusion in the report of the Exploration Results in the form and context in which they appear.

Mladen Ninkov, Griffin's Chairman, commented on these drilling results as follows: "Caijiaying continues to produce everything the Company hoped it would. No more needs to be said."