Mining Licence Application Update
24 Dezember 2009 - 8:01AM
UK Regulatory
TIDMGFM
RNS Number : 6506E
Griffin Mining Ld
24 December 2009
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
MINING LICENCE APPLICATION UPDATE
24th DECEMBER 2009.
Further to the announcements made on 24th November and 27th October
2009 concerning the formal application for a new mining licence to mine below
the 1300 level at Caijiaying, Griffin Mining Ltd ("Griffin" or "the Company") is
pleased to announce that it has been informed that the Ministry of Land and
Resources ("MLR") has accepted the supplemental information provided in support
of the new mining licence application.
Unfortunately, although the suspension of the 28 working day period for the
application for a new licence has been lifted, the suspension was lifted too
late for the licence application to be considered at the December meeting of the
"combined examination committee" of 8 departments of the MLR. The next expected
meeting of the MLR combined committee is now expected to be held immediately
prior to the Chinese new year in February 2010. As a result, approval of the
mining licence application to mine below the 1300 level is not now expected
until this time.
Further information
Griffin Mining Limited
Mladen Ninkov - Chairman Telephone: +44(0)20 7629 7772
Roger Goodwin - Finance Director
Investec Investment Banking:
Stephen Cooper Telephone: +44 (0)20 7597 5104
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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