Drilling Report
08 März 2006 - 8:02AM
UK Regulatory
RNS Number:4505Z
Griffin Mining Ld
08 March 2006
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
8th March 2006
GOLD RESULTS FROM UNDERGROUND DRILLING
Griffin Mining Limited ("Griffin"or the "Company") is extremely pleased to
announce the results of the underground drilling programme completed at the
Caijiaying zinc-gold mine to the end of December 2005.
Summary of Best Results
8.80 metres @ 19.20 g/t gold & 7.35% zinc
9.65 metres @ 10.08 g/t gold & 10.11% zinc
22.7 metres @ 8.36 g/t gold & 6.44% zinc
10.20 metres @ 8.65 g/t gold & 5.04% zinc
11.55 metres @ 7.38 g/t gold & 8.34% zinc
6.20 metres @ 14.27 g/t gold & 13.96% zinc
9.50 metres @ 7.81 g/t gold & 6.97% zinc
5.00 metres @ 11.15 g/t gold & 4.67% zinc
5.45 metres @ 8.92 g/t gold & 10.17% zinc
The results show that there is an emerging gold resource within a larger zone of
zinc mineralization, as was foreshadowed in the pre-mining studies. The
majority of the high gold values sit below the level of current mining activity
(the 1355 level) and will not be mined until later in the mining schedule.
Ongoing investigations are continuing to try to define the controls on the gold
distribution including research at the University of Tasmania in Australia.
The attached table lists the best intersections recorded to date within the
whole of the Zone III drilling programme which fall within the Jin Long Lode,
the first area for drilling up a mineable gold resource within Zone III.
Mladen Ninkov, Griffin's Chairman, commented as follows:
"These extraordinary results speak for themselves"
Further information
Mladen Ninkov - Chairman Telephone: +44(0)20 7629 7772
Roger Goodwin - Finance Director
Griffin Mining Limited
Andrew Smith/Martin Eales Telephone:+44(0)20 7523 8350
Collins Stewart 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).
The Company's news releases are available on the Company's web site:
www.griffinmining.com
Significant intersections from underground drilling in Jin Long Lode
(of >3m@3grams per tonne gold)
Hole From To Interval Au g/t Zn% Pb% Ag g/t
UGCJY-005 76.00 81.00 5.00 3.86 7.26 0.01 11
UGCJY-008 77.60 81.17 3.57 7.16 13.43 0.02 15
UGCJY-015 27.30 38.26 10.96 4.92 3.76 0.14 15
UGCJY-040 21.00 25.20 4.20 6.54 5.47 0.04 25
UGCJY-079 30.00 34.30 4.30 3.24 5.46 0.02 18
UGCJY-090 40.00 46.00 6.00 5.32 5.82 0.19 46
UGCJY-105 68.90 71.90 3.00 4.00 6.15 0.01 6
UGCJY-120 29.00 34.05 5.05 6.74 7.73 0.05 28
UGCJY-123 38.00 48.20 10.20 8.65 5.04 0.02 21
UGCJY-134 36.00 39.50 3.50 4.45 7.56 0.66 143
UGCJY-154 17.00 20.45 3.45 3.72 5.45 0.01 6
UGCJY-167 45.25 54.90 9.65 10.08 10.11 0.21 71
UGCJY-168 60.55 66.00 5.45 8.92 10.17 0.14 47
UGCJY-170 57.25 61.50 4.25 5.29 4.72 0.09 44
UGCJY-190 72.75 76.70 3.95 3.59 5.88 0.02 17
UGCJY-192 47.00 59.00 12.00 3.58 2.75 0.01 12
UGCJY-200 42.70 49.50 6.80 6.55 2.60 0.22 44
UGCJY-202 35.50 45.00 9.50 7.81 6.97 0.04 22
UGCJY-213 40.00 45.00 5.00 11.15 4.67 0.13 27
UGCJY-214 109.00 117.80 8.80 19.20 7.35 0.05 37
UGCJY-214 134.90 141.10 6.20 14.27 13.96 0.04 13
UGCJY-219 58.10 63.20 5.10 6.29 7.98 0.65 42
UGCJY-223 82.30 105.00 22.70 8.36 6.44 0.20 62
UGCJY-223 76.15 80.05 3.90 5.28 2.13 0.15 40
UGCJY-223 70.50 74.00 3.50 4.56 2.25 0.02 11
UGCJY-228 102.00 109.00 7.00 3.11 6.39 0.02 15
UGCJY-231 34.00 37.00 3.00 3.25 2.18 0.04 7
UGCJY-262 57.85 65.00 7.15 4.44 10.39 0.01 5
UGCJY-268 22.80 26.00 3.20 3.51 8.06 2.89 75
UGCJY-272 22.00 33.55 11.55 7.38 8.34 0.16 37
UGCJY-272 36.00 50.10 14.10 3.02 3.49 0.03 25
UGCJY-274 38.00 45.20 7.20 4.71 2.49 0.01 12
UGCJY-275 34.90 43.10 8.20 3.93 6.19 0.04 16
UGCJY-276 42.80 47.00 4.20 8.79 4.61 0.02 17
UGCJY-294 41.00 45.55 4.55 4.70 13.12 0.02 13
UGCJY-295 31.50 36.40 4.90 4.24 1.81 0.03 10
UGCJY-313 52.95 57.00 4.05 3.20 3.04 0.01 25
UGCJY-379 66.70 71.00 4.30 6.65 5.88 0.46 126
This information is provided by RNS
The company news service from the London Stock Exchange
END
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