RNS Number:7183E
Griffin Mining Ld
16 June 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


                                 16th JUNE 2006

                       RESULTS OF ANNUAL GENERAL MEETING

                        UPDATE ON PROGRESS AT CAIJIAYING


At the annual general meeting held today of the shareholders of Griffin Mining
Limited ("Griffin" or the "Company"), all resolutions were 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. Production rates continue to be steadily increased and operating costs
    continue to fall. This has been achieved without, at this stage, the need
    for any additional capital expenditure.  As soon as the increased mill
    throughput has been sustained for an extended period of time, a further
    announcement will be made.



 2. The feasibility study relating to increasing the mill throughput to 500,000
    tonnes per annum is continuing and an announcement is to be expected before
    the end of the calendar year.



 3. Application has been made for further exploration licences over approximately
    100 square kilometres in the area surrounding the current mining and
    exploration licence areas at Caijiaying, emphasising the Company's opinion
    of the extraordinarily highly prospective nature of the region surrounding
    the Caijiaying mine.



 4. Studies have commenced to examine whether it may be more profitable for
    Griffin to produce a precious metals concentrate containing gold, silver,
    copper and lead rather than gold dore on site.  The results of these studies
    will be announced in due course.



Caijiaying continues to out perform management expectations and with the current
strong demand for zinc, is expected to deliver excellent results in the
foreseeable long term.



Further information


Mladen Ninkov - Chairman                           Telephone: +44(0)20 7629 7772
Roger Goodwin - Finance Director
Griffin Mining Limited

Adrian Hadden / Christopher Rollason               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







                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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