Caijiaying Operations

riffin Mining Limited (the “Company” or “Griffin”) is very sad to report the death yesterday of two employees of the mining contractor whilst working underground at the Caijiaying Mine. As a result, operations at Caijiaying have been temporarily suspended pending an investigation by both the Company and a committee of Chinese authorities into the circumstances causing these deaths. Needless to say, the safety of the Caijiaying mine site is a priority for all parties concerned and any weaknesses found in any safety procedures will be acted upon immediately to ensure that such incidents cannot happen again. In the interim, the Company’s thoughts and concerns rest with the deceased and their families.