TIDMGFM

RNS Number : 9596D

Griffin Mining Ld

24 May 2012

Griffin Mining Limited

Excellent New Drilling Results Post New JORC Resource

24th May 2012

Griffin Mining Limited ("Griffin" or "the Company") is delighted to announce continued excellent results from underground diamond drilling at its Caijiaying mine in northern China. The Company conducted a comprehensive program of diamond drilling comprising 190 underground drill holes for 30,244 metres. None of these assays were obtained in time to be included in the announced JORC Resource of the 22(nd) May 2012. The major results of the drilling program have been summarised in the attached Appendix.

Better gold assays included:

37.4 metres @ 6.55 g/t gold & 4.33% zinc

35.0 metres @ 5.23 g/t gold & 4.47% zinc

28.5 metres @ 3.42 g/t gold & 1.92% zinc

13.00 metres @ 7.31 g/t gold & 3.45% zinc

11.0 metres @ 8.98 g/t gold & 12.63% zinc

9.50 metres @ 7.53 g/t gold & 6.65% zinc

8.45 metres @ 6.85 g/t gold & 7.89% zinc

7.05 metres @ 7.81 g/t gold & 5.74% zinc

7.05 metres @ 7.08 g/t gold & 6.26% zinc

6.50 metres @ 5.38 g/t gold & 3.24% zinc

6.05 metres @ 4.16 g/t gold & 7.81% zinc

5.85 metres @ 6.38 g/t gold & 8.76% zinc

5.60 metres @ 11.90 g/t gold & 9.66% zinc

4.95 metres @ 8.98 g/t gold

4.30 metres @ 9.57 g/t gold & 2.70% zinc

4.05 metres @ 6.09 g/t gold & 11.48% zinc

4.00 metres @ 20.13 g/t gold & 7.38% zinc

Better zinc assays included:

25.40 metres @ 15.50% zinc

30.00 metres @ 10.91% zinc

26.40 metres @ 6.81% zinc

26.20 metres @ 8.47% zinc & 3.74 g/t gold

24.90 metres @ 7.50% zinc

20.30 metres @ 7.54% zinc

17.30 metres @ 9.22% zinc

16.40 metres @ 11.04% zinc

16.30 metres @ 13.32% zinc & 3.32 g/t gold

14.55 metres @ 9.32% zinc & 2.16g/t gold

11.00 metres @ 10.21% zinc

High-grade gold mineralization was identified in underground extensions of the Ju Long, Fu Long, Xiao Long and Qing Long ore bodies. In addition to the high-grade gold intersections, Griffin continues to intersect high-grade zinc zones within a wider envelope of medium-grade zinc-gold-lead-silver ore. Drilling will continue during 2012 to further delineate and evaluate the highly prospective corridor of mineralization.

The discovery of this new high-grade gold, zinc, lead and silver mineralization within the Caijiaying ore body can be expected to make a significant and increasing contribution to mine revenue

Chairman's Statement

Chairman Mladen Ninkov commented, "Even after the production of an exceptional new JORC resource, further new drill results exemplify the ever increasing size of this world class, polymetallic, orebody. The enduring faith of the Company's shareholders continues to be repaid in abundance. I could not be more delighted for our shareholders."

Further information

Griffin Mining Limited

   Mladen Ninkov - Chairman                                     Telephone: +44(0)20 7629 7772 

Roger Goodwin - Finance Director

Panmure Gordon (UK) Limited Telephone: +44 (0) 20 7459 3600

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

APPENDIX

The following table contains all significant underground gold intersections;

 
   Hole No.       From      To (metres)   Interval     Gold    Zinc    Lead   Silver 
                 (metres)                  (metres)    (g/t)    (%)     (%)    (g/t) 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-1981      52.80        56.60        3.80       3.53    3.72    0.50     51 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-1982      46.15        52.00        5.85       6.38    8.76    0.19     37 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-1982      61.00        67.80        6.80       2.52    6.02    0.26     51 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-1982      72.15        76.70        4.55       3.52    4.63    0.10     26 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-1982      82.00        92.00        10.00      2.81    3.98    0.27     27 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-1983     100.25       102.35        2.10       6.41    13.61   0.23     86 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-1983     105.50       109.20        3.70       3.00    2.97    0.01     9 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-1983     194.25       200.30        6.05       4.16    7.81    0.02     7 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-1987      49.50        57.45        7.95       2.10    4.53    0.02     11 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-1988      41.70        49.65        7.95       2.41    1.01    0.01     19 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-1989      17.20        19.40        2.20       2.59    5.25    0.01     6 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-1990      78.50        83.80        5.30       2.67    6.33    0.02     7 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-1992      23.70        26.50        2.80       5.23    7.80    0.87     42 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-1992     131.90       134.00        2.10      31.67    7.97    0.05     72 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-1992     177.30       181.00        3.70      10.04    3.95    0.12     38 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-1993      23.10        25.30        2.20       2.96    11.29   0.31     35 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-1993     140.80       143.80        3.00       1.91    0.26    0.04     7 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-1994      18.00        20.90        2.90       1.71    9.03    0.16     35 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-1994      23.30        27.35        4.05       6.09    11.48   0.33     54 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-1994      51.15        55.40        4.25       2.34    2.32    0.03     34 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-1996      33.00        41.45        8.45       6.85    7.89    0.29     40 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-1997      63.25        70.75        7.50       3.63    7.27    0.17     52 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-1997      80.30        89.60        9.30       1.97    2.50    0.01     6 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-1997     106.10       110.75        4.65       1.98    4.17    0.05     20 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2001      15.40        18.00        2.60       4.78    10.65   0.01     13 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2001      31.00        38.80        7.80       2.60    1.52    0.01     6 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2002      14.20        18.00        3.80       3.59    6.79    0.11     43 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2003      13.40        16.20        2.80       1.66    0.73    0.01     7 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2006      54.80        61.40        6.60       1.54    6.82    0.04     7 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2006      91.80        94.15        2.35       1.66    7.31    0.01     6 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2014      83.90        87.00        3.10       2.67    0.90    0.87     6 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2014     128.40       132.00        3.60       2.33    2.45    0.49     36 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2014     135.00       138.90        3.90       2.62    3.08    1.25     24 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2015      88.60        90.60        2.00       7.66    6.54    0.07     25 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2021      79.50        89.00        9.50       2.12    3.98    0.66     21 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2021      98.20       103.90        5.70       1.75    2.23    0.01     9 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2021     113.15       116.20        3.05       1.29    3.08    0.03     15 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2022     177.50       180.00        2.50      20.59    4.27    0.03     41 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2029      0.60         4.60         4.00      20.13    7.38    0.22     87 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2032      8.20         11.20        3.00       2.13    7.31    1.32     49 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2033      2.15         5.15         3.00       2.06    7.19    0.80     49 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2033      15.00        18.20        3.20       1.22    12.34   0.55     62 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2041      30.50        34.50        4.00       2.10    6.04    1.36    149 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2052      34.50        44.00        9.50       7.53    6.65    0.02     13 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2052     138.00       140.00        2.00       1.30    2.01    0.03     9 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2056      58.90        65.95        7.05       7.81    5.74    0.06     45 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2057      47.50        58.10        10.60      1.95    2.83    0.07     21 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2057      65.00       102.40        37.40      6.55    4.33    0.11     49 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2057     179.30       181.85        2.55       3.90    4.97    0.01     6 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2075      17.70        22.05        4.35       3.34    4.54    0.05     37 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2075      26.80        30.05        3.25       2.73    4.24    0.12     38 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2077      17.60        20.05        2.45      32.23    10.46   0.05     35 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2078      16.20        22.30        6.10       2.37    2.69    0.08     12 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2079      42.60        45.35        2.75      10.77    5.06    0.03     37 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2081      72.70        76.90        4.20       1.17    5.35    0.85    162 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2082     128.00       131.30        3.30       0.96    0.96    0.00     3 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2084      47.70        50.00        2.30       2.54    4.11    0.08     15 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2084      68.25        73.85        5.60      11.90    9.66    0.04     33 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2084     150.20       152.20        2.00       3.00    0.41    0.02     11 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2085      46.20        52.70        6.50       5.38    3.24    0.12     20 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2085      70.50        73.02        2.52       5.90    2.23    0.01     6 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2085     146.00       159.00        13.00      7.31    3.45    0.01     6 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2086      48.15        54.70        6.55       3.99    4.73    0.25     17 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2086      68.50        71.65        3.15      17.79    9.40    0.08     41 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2088      47.40        52.90        5.50       3.65    6.20    0.06     10 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2088     166.80       169.25        2.45      28.35    4.05    0.01     16 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2089      52.20        58.70        6.50       1.74    2.66    0.04     8 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2089     133.15       140.00        6.85       2.88    2.68    0.20     21 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2089     186.40       192.65        6.25       4.40    2.69    0.01     5 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2090      58.00        61.00        3.00       9.20    5.94    0.25     23 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2090      70.55       105.55        35.00      5.23    4.47    0.21     50 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2090     170.65       175.00        4.35       5.80    3.66    0.07     30 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2099      99.30       102.30        3.00       1.56    11.14   0.01     9 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2101      53.70        55.70        2.00       2.36    0.29    0.03     7 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
 UGCJY-2103A      54.55        56.55        2.00       9.56    5.44    0.08     13 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
 UGCJY-2103A      97.00       101.95        4.95       8.98    0.13    0.14     79 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2104      14.00        25.00        11.00      8.98    12.63   1.37    117 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
 UGCJY-2107A      22.00        27.00        5.00       1.20    5.82    0.68     34 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2110      90.30        94.30        4.00       2.47    1.76    0.08     12 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2110     143.80       146.00        2.20       4.25    5.19    0.14     67 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2111     195.40       199.00        3.60       2.70    1.81    0.01     5 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2113      38.80        44.45        5.65       1.99    3.51    0.04     17 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2113      54.50        61.55        7.05       7.08    6.26    0.07     47 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2114      39.00        67.50        28.50      3.42    1.92    0.05     29 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2114      71.50        74.50        3.00       2.62    1.20    0.01     5 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
 UGCJY-2115A      97.90       108.80        10.90      2.69    4.05    0.02     14 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
 UGCJY-2115A     121.85       132.20        10.35      1.56    1.80    0.01     4 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
 UGCJY-2115A     147.40       152.10        4.70       2.39    2.48    0.02     31 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2117     176.90       179.70        2.80       2.39    2.76    0.01     5 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2118      44.90        47.00        2.10      26.26    12.54   0.41     36 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2118     194.40       196.90        2.50       1.61    0.89    0.06     11 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2120     110.35       112.85        2.50       5.69    12.55   0.05     14 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2120     121.40       137.00        15.60      1.81    1.44    0.43     39 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2120     140.80       145.10        4.30       9.57    2.70    0.09     28 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2130      13.90        18.20        4.30       3.06    1.47    1.30     30 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2138      40.90        43.20        2.30       5.53    5.21    0.15     79 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2138      83.50        88.00        4.50       1.65    2.97    0.04     14 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
  UGCJY-2143      39.30        45.60        6.30       1.60    5.34    0.42     52 
-------------  ----------  ------------  ----------  -------  ------  -----  ------- 
 

1g/t gold cut-off with a maximum of 2m of internal dilution and a minimum length of 2m.

The following table contains all significant underground zinc intersections;

 
  Hole No.       From      To (metres)   Interval    Zinc    Lead   Silver    Gold 
                (metres)                  (metres)    (%)     (%)    (g/t)    (g/t) 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-1982      72.15        83.30        11.15     4.36    0.14     20      1.70 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-1986      61.00        72.00        11.00     10.21   0.23     28      0.40 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-1994      12.80        27.35        14.55     9.32    0.27     36      2.16 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-1996      31.00        44.80        13.80     7.99    0.20     29      4.53 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-2006      54.80        65.30        10.50     7.63    0.15     11      1.15 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-2006      67.40        78.00        10.60     8.99    0.02     10      0.49 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-2021      75.30        86.75        11.45     4.07    0.55     19      1.56 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-2022     147.60       173.00        25.40     15.50   0.09     22      0.18 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-2022     178.85       196.10        17.25     6.40    0.07     40      2.95 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-2023     111.00       121.90        10.90     7.47    0.23     20      0.34 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-2040      25.00        37.00        12.0      6.11    0.98     75      0.08 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-2041      20.30        38.50        18.2      7.25    1.26    100      0.89 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-2044      62.90        79.20        16.3      13.32   0.30     59      3.21 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-2044      81.70       111.70        30.0      10.91   0.48     44      0.21 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-2045     127.20       139.80        12.6      7.03    0.21     23      0.64 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-2052     152.10       178.50        26.4      6.81    0.37     15      0.36 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-2053     143.30       153.30        10.0      5.46    0.10     11      0.64 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-2057      65.00        77.00        12.0      8.62    0.23    107     12.63 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-2058      54.95        66.50        11.6      5.93    0.58     91      0.69 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-2061      99.15       110.20        11.1      5.38    0.40     30      0.19 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-2076      45.80        58.00        12.2      6.10    0.01     6       0.38 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-2083     152.00       176.90        24.9      7.50    0.55     28      0.36 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-2090      70.55        84.50        14.0      6.18    0.23     78      7.91 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-2090      87.50        99.10        11.6      4.21    0.19     36      4.09 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-2091      96.50       113.80        17.3      9.22    0.32     38      0.27 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-2098      70.70        81.90        11.2      8.07    0.08     20      0.07 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-2099      86.15       106.45        20.3      7.54    0.04     13      0.41 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-2106      95.00       107.50        12.5      5.52    0.41     25      0.13 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-2109     131.70       147.30        15.6      14.70   0.28     56      0.14 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-2119      62.70        88.90        26.2      8.47    0.56     58      3.74 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-2131      55.15        71.50        16.4      11.04   0.40     40      0.28 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-2139      26.45        37.50        11.1      6.39    0.30     73      0.09 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-2143      34.95        45.60        10.7      6.90    0.52     69      1.17 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-2158      74.00        86.05        12.1      6.42    0.15     34 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-2160      47.00        57.50        10.5      6.32    0.05     11 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 UGCJY-2179     163.50       182.25        18.8      6.30    0.64     57 
------------  ----------  ------------  ----------  ------  -----  -------  ------- 
 

Using a 3% zinc cut-off with 2m of internal dilution and a minimum length of 10m.

Competent Person Statement

The data in this report that relates to exploration results for the Caijiaying Area, China, is based on information reviewed by Mr Nigel Wilson who is a Member of the Australian Institute of Geoscientists. Mr Wilson is a full time employee of CSA Global Limited. Mr Wilson has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Wilson consents to the inclusion in the report of the exploration results in the form and context in which they appear.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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