8th Floor, Royal Trust House, 54-56 Jermyn Street, London. SW1Y 6LX, United Kingdom

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

E mail: [email protected]

Trading Statement

Record Gold & Silver Production

10th July 2025

Griffin Mining Limited ("Griffin" or the "Company") is very pleased to announce quarterly production results for the three months to the 30th June 2025 .


		3 months to 30th June 2025	3 months to 31st March 2025	3 months to 30th June 2024
Ore mined	Tonnes	358,938	223,745	429,448
Ore processed	Tonnes	347,508	241,344	408,481
Zinc in concentrate Produced	Tonnes	10,541	6,552	14,779
Gold in concentrate produced	Ozs	6,270	2,433	6,037
Silver in concentrate produced	Ozs	119,602	43,618	92,755
Lead in concentrate produced	Tonnes	457	251	454
Average zinc price received per tonne	USD	2,114	2,278	2,525
Average gold price received per oz	USD	3,156	2,740	2,293
Average silver price received per oz	USD	28.3	26.9	25.7
Average lead price received per tonne	USD	3,071.3	2,634	2,924

Overview

Production at the Caijiaying Mine has now fully recovered following the suspension of operations in the last quarter of 2024 and it's negative flow-on effects into the first quarter of 2025.

In light of the historically high gold prices, record amounts of gold and silver were produced in the second quarter of 2025 providing an indication of the future of production at the Caijiaying Mine.

Zone II continues on schedule to be brought into production in the last quarter of 2025.

Chairman Mladen Ninkov commented ,

"The management employees and contractors of the Company have all worked in unison to return the Caijiaying Mine to its normal throughput profile in the second quarter of 2025. The bonus to this result has been the record gold and silver production in the second quarter which has meant that precious metal revenues reached approximately 50% of all revenues in recent months and confirmed the long term future of the Caijiaying Mine. We are all excited by what lies ahead."

About Griffin Mining Limited

Griffin Mining Limited's shares are quoted on the Alternative Investment Market (AIM) of the London Stock Exchange (symbol GFM). Griffin Mining Limited owns and operates through its 88.8% owned Joint Venture in China the Caijiaying Zinc Gold Mine, a profitable mine producing zinc, gold, silver, and lead metals in concentrates. For more information, please visit the Company's website griffinmining.com.

Further information

Griffin Mining Limited

Telephone: +44(0)20 7629 7772

Mladen Ninkov - Chairman

Roger Goodwin - Finance Director

Panmure Liberum Limited Telephone: +44 (0)20 7886 2500

James Sinclair-Ford

Zak Wadud

Berenberg Telephone: +44(0)20 3207 7800

Matthew Armitt

Jennifer Lee

Deltir Elezi

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8th Floor, Royal Trust House, 54-56 Jermyn Street, London. SW1Y 6LX, United Kingdom

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

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