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Griffin Mining Limited

Net Asset Value Oct 19, 2015

10493_rns_2015-10-19_68defd99-4a69-4068-a80d-abb9c77c81a4.html

Net Asset Value

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National Storage Mechanism | Additional information

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RNS Number : 6464C

Griffin Mining Ld

19 October 2015

60 St James's Street, London SW1A 1LE, United Kingdom

Telephone: + 44 (0)20 7629 7772  Facsimile:  + 44 (0)20 7629 7773

E mail: [email protected]

Caijiaying Operations

19th October 2015.

Griffin Mining Limited (the "Company" or "Griffin") is saddened to report the death on Saturday 17th October of an employee of the mining contractor whilst underground at the Caijiaying Mine.  As a result, mining operations at Caijiaying were voluntarily suspended by the Company pending an internal investigation by the Company and an external examination by the Chinese safety authorities pursuant to Chinese safety regulations of the incident.  Needless to say, the safety of the Caijiaying mine site remains a priority for all parties concerned. The Company's thoughts and concerns rest with the deceased and their families.  In the interim, sufficient stockpiles of ore remain available aboveground to continue operating the processing facilities for a minimum of 2 months at the current throughput rates.

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 7886 2500

Dominic Morley

Cantor Fitzgerald Europe Limited                     Telephone: +44 (0)20 7894 7000 

Jeremy Stephenson

Stewart Dickson

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

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