RNS No 2637t
GRIFFIN MINING LIMITED
26th February 1999


                            GRIFFIN MINING LIMITED                            
                                                                              
                              DEALING IN SHARES                              

Griffin Mining Limited yesterday became aware that the registered holding of
"RBSTB Nominees Limited RTLDN account" of ordinary shares in Griffin Mining
Limited, has fallen below 3% of the total ordinary shares in issue.  The
Company having made enquiries of RBSTB Nominees Limited has as yet received no
further information regarding the ultimate beneficial ownership of these
shares. 

Further information

Craig Niven (Chairman) - United Kingdom                                      
Telephone: + 44 (0)171 321 2077

Fred Coombes -  Canada                                                       
Telephone: + 1 604 681 5225

Griffin Mining Limited's shares and warrants are quoted on the Alternative
Investment Market (AIM) of the London Stock Exchange (symbol GFM) and traded
on the Canadian Dealing Network in Toronto (symbol GRFM). Corporate
information and share prices can be accessed via the Newstrack Service on
Reuters (symbol GFM.L) (page JPJA), Bloomberg (symbol GFM LN), ICV Topic
(*1180).

The Company's news releases are available on the Company's web site
www.griffinmining.com

END

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