RECOMMENCEMENT OF OPERATIONS

RNS Number : 6594X

Griffin Mining Ld

09 December 2010

 



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 )                                                               [phone]

Panmure Gordon (UK) Limited                                                                                           [phone]

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

 

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