PRODUCTION AT CAIJIAYING
20 Juni 2005 - 9:00AM
UK Regulatory
RNS Number:7316N
Griffin Mining Ld
20 June 2005
20th JUNE 2005
COMMENCEMENT OF PRODUCTION AT CAIJIAYING
Griffin Mining Limited ("Griffin" or the "Company") is pleased to announce that
production of zinc concentrate has commenced at the Caijiaying mine and
processing plant in China.
Griffin Mining Chairman Mladen Ninkov said: "The Company has fulfilled its
pledge to its shareholders and the financial community. Griffin has built a
mine and processing plant to budget which is now producing zinc metal and which
will generate significant revenue for the Company. Furthermore the mine and
processing plant at Caijiaying are fully financed, the Company has no debt and
retains a cash position of in excess of US$8million. Excitingly, the Company is
also initiating an extensive reverse circulation drilling programme on the
highly prospective epithermal gold targets and zinc mineralized extensions
within our existing licence areas. It should be an landmark year for all the
shareholders of Griffin."
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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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