January 2022

Chinese New Year and Winter Olympic & Paralympic Games Shut Down

 31^st December 2021

Griffin Mining Limited (“Griffin” or the “Company”) announces, in accordance with the previous announcement made on the 5^thOctober 2021, that mining and milling operations ceased on the night shift last night and, as is customary practice for the Caijiaying Mine, mining operations will remain closed during the Chinese New Year holiday period with the cessation extended into the first quarter of 2022 due to the Winter Olympic and Paralympic Games and re-open on the 14^th March 2022.

Chairman Mladen Ninkov commented, “As forewarned in October of this year, the mining and milling operations will remain closed for the Chinese New Year holiday period, the Winter Olympic Games and Paralympic Games and re-open on the 14^thMarch 2022. This will, obviously, cause a bleak financial first quarter for the Company in 2022. However, we remain grateful to the various levels of government in the People’s Republic of China in allowing the Company to operate in the lead up period to this high profile and joyous event and acknowledge the tremendous achievement in Beijing becoming the first city in history to have hosted both the summer and winter Olympic Games. We wish the games every success.” 

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 giffinmining.com.

Further information

Griffin Mining Limited

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

Roger Goodwin – Finance Director

Panmure Gordon (UK) Limited

John Prior                                Telephone: +44 (0)20 7886 2500

Alisa MacMaster

Berenberg

Matthew Armitt                     Telephone: +44(0)20 3207 7800

Jennifer Wyllie

Deltir Elezi

Blytheweigh

Tim Blythe                        Telephone: +44(0)20 7138 3205

Swiss Resource Capital AG