Caijiaying Operations

Griffin Mining Limited (the “Company” or “Griffin”) is very sad to report the death today of an employee of the mining contractor whilst working underground at the Caijiaying Mine.  As a result, mining operations at Caijiaying have been temporarily suspended pending an investigation by both the Company and the Chinese authorities into the circumstances causing this death.  Needless to say, the safety of the Caijiaying mine site is a priority for all parties concerned. In the interim, the Company’s thoughts and concerns rest with the deceased and their families.