Mr Ninkov ... I have long thought you have built a super company, however as a small holder don't you think it time some attention was paid to the share price.

With $90 mil in the bank at this price surely you are in danger of being swallowed how about an increased dividend or at the very least a statement or two, by backs do not increase share prices. Market conditions are of course difficult but the present price is ridiculous.

Which is also Valentines Day - We could expect a really nice gift from an old flame !

Good news today.....sp bucking the general downward trend in stocks.

Yes thr long awaited deep mining permit,which will make way for a new resource update. Cheap as vhips imo?
cyril

I think that a lot of aim stocks will rise before year's end, perhaps not in a straight line...stocks never will, but Aim and the Main market could be on the verge of having several multibaggers. Griffin to me will hit the pound level again before year's end.

Superb resource update.....long mine life...roll in the profits Griffin !.

Yes and worth posting,all we need is the SP to clomb back to previous
leveHighlights include:



1. The addition of 4.7 million tonnes @ 6.7% Zinc, 0.9 g/t Gold, 34.3g/t Silver and 0.4% Lead to the Measured Resource at Zone III, containing:



318,000 tonnes of Zinc metal

19,000 tonnes of Lead metal

131,000 ounces of Gold

5,200,000 ounces of Silver



2. The following increase in the grade of the Indicated Resources in Zone III:



36% Increase in the Zinc grade

16% Increase in the Gold grade



3. The following increase in the grade of the Inferred Resources in Zone III:



51% Increase in the Zinc grade

90% Increase in the Gold grade





This Mineral Resource estimate includes a conservative recalculation of the resource at Zone III in light of the grade control drilling undertaken during the 5 years of successful mining operations at Caijiaying, with a reinterpretation of the structure of the ore bodies. The deeper Mineral Resources have not been included and will be evaluated in light of the proposed drilling program to be undertaken in 2010 which will provide a better understanding of the deeper mineralisation at Zone III.



Drilling along strike and south of Zone III, towards Zone II, is having success with several holes intersecting mineralisation over the IP anomalies that were located in the 2008 IP survey program. The results have provided the necessary confidence to commit to a 25,000 metre surface and underground drilling program in 2010 which may enable an estimate to be made to JORC reporting standards on the Mineral Resource located in the area between Zones III and II.










The 2010 Mineral Resource was estimated at a zinc cut-off of 1%. Tabled below is the summary of the recent up-dated 2010 Mineral Resource.









Metal Grade
Contained Metal

Category
Cut off
Tonnes
Zn
Pb
Ag
Au
Zn
Pb
Ag
Au





'000 t
%
%
g/t
g/t
t
t
Oz
Oz

Measured
1%
4,737
6.73
0.41
34.29
0.87
318,657
19,191
5,221,348
131,761

Indicated
5,999
5.85
0.35
32.48
0.81
351,052
20,787
6,263,912
155,724

Inferred
16,596
4.38
0.24
26.39
0.95
726,957
39,437
14,078,921
508,317

Total:
27,332
5.11
0.29
29.09
0.91
1,396,666
79,416
25,564,182
795,803




The information in this report that relates to the 2010 Mineral Resource estimates for the 2010 is based on information compiled by Mr Luke Marshall BSc Geology , Member AIG. Mr. Marshall is a full time employee of Hebei Hua Ao Mining Industry Company Limited, a subsidiary of Griffin Mining Limited. Mr. Marshall has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he has undertaking to qualify as a Competent Person as defined in the 2004 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves' (the JORC Code). Mr Marshall consents to the inclusion in the report of the matters based on his information in the form and context in which they appear.



CSA Global Pty Ltd undertook a high level review of the resource model and found no flaws to the model or estimation.





A Mineral Reserve Statement for Zone III at Caijiaying is currently being calculated for inclusion in the annual report for 2009.



Chairman Mladen Ninkov commented



"The new resource statement provides for a 35 year mine life within just the defined shallow resources at Zone III at the increased throughput level of 750,000 tonnes per annum expected to be reached in the later half of 2010. This new resource statement ignores the deeper ore in Zone III, the new resources at Zone II and the significant resources believed to be contained in the large area between the two zones. This is a wonderful result for shareholders and their continued faith in the Company which, in addition to the cash balances of in excess of $65m in the Group, sets the Company up for a successful and exciting future."

cyril

GFM has overe the last week or so started to break out strongly,with AGM
imminent,it's well worth re-reading the Chairmans statement.

Chairman Mladen Ninkov commented

"The new resource statement provides for a 35 year mine life within just the
defined shallow resources at Zone III at the increased throughput level of
750,000 tonnes per annum expected to be reached in the later half of 2010. This
new resource statement ignores the deeper ore in Zone III, the new resources at
Zone II and the significant resources believed to be contained in the large area
between the two zones. This is a wonderful result for shareholders and their
continued faith in the Company which, in addition to the cash balances of in
excess of $65m in the Group, sets the Company up for a successful and exciting future."



cyril

Two people killed.....ouch......unexpected from such a good company......poor people....

Patience rewarded,reopening of mine,hopefully with the new machinery in place the extra production will make up for lost tome?
cyril

Griffin Mining Limited

Recommencement Of Operations At Caijiaying

8th December 2010.


Further to the announcements made by Griffin Mining Limited ("Griffin") since
9th of August 2010, Griffin is pleased to announce that having satisfactorily
dealt with all official recommendations for safety improvements, Griffin's local
Chinese company has received formal approval from the Zhangjiakou City
Government and the Zhangjiakou Safety Bureau to re commence mining activities at
the Caijiaying mine. With electrical power having now been restored, mining and
processing operations have recommenced at Caijiaying.

And further to yesterdays news.
cyril

Further to the recent announcements made by Griffin Mining Limited ("Griffin"),
Griffin is pleased to announce that not only have mining and milling activities
recommenced at the Caijiaying Mine, but that approval has now been granted by
the Chinese authorities, in conjunction with the previously granted mining
licence, to process up to 750,000 tonnes of ore per annum through the fully
commissioned upgraded mill. Formal approval of the upgraded processing design
is expected in the new year upon the completion and submission of the design of
the already constructed new processing facilities by a recognised Chinese design
institute. With the upgrade of the processing facilities completed, Griffin
anticipates that ore extraction and milling rates will reach the equivalent of
750,000 tonnes of ore per annum by the Spring of 2011

This will now climb...I'm convinced of it....as all the gremlins are out of the way.....

Griffin is pleased to announce lots of silver and gold

http://moneyam.uk-wire.com/Article.aspx?id=201012150700129441X

http://moneyam.uk-wire.com/Article.aspx?id=201012150700129441X

Those silver results should be in grams/tonne? Still a great result and know for the rewards?
cyril

Way undervalued.....my guess is that the sp will return to 100p by late spring !.

d'accord ,,,,,l sold this old chestnut at about 120p a couple of years back; and a lot of work has occured since then so would tend to err on the side of undervaluation. ln saying that it would appear much of the good news is already factored into s/p ... l hope i am wrong ,of course, but was 32p quite recently ......Au grades are good in parts but Aug grades are nothing worth writing home about ,,,,,,,,but demand for silver in China has increased at an annualized rate of 22% over the past ten years ,,,,,

Production of zinc and other metals is now set to increase quite rapidly....to me this should drive the sp upwards....

big news out high grades

DJ Griffin Mining Ld FURTHER NEW DRILLING RESULTS FROM CAIJIAYING

TIDMGFM

RNS Number : 1759Y

Griffin Mining Ld

17 December 2010

Griffin Mining Limited

Further New Drilling Results from Caijiaying

High Grade Gold Results

17th December 2010

Griffin Mining Limited ("Griffin" or the "Company") is pleased to announce further excellent results from its ongoing drilling programme at Zone III which continues to discover extensive high grade zones at its Caijiaying zinc gold mine in North East China. Very high-grade gold mineralisation was identified in extensions of both the Julong and Qinglong ore bodies. Better gold assays included:

12.30 metres @ 16.2 g/t Gold with 4.68% Zinc & 67 g/t Silver

16.15 metres @ 10.0 g/t Gold with 6.26% Zinc & 60g/t Silver

10.65 metres @ 10.2 g/t Gold with 5.9% Zinc & 27 g/t Silver

10.10 metres @ 17.9g/t Gold with 10.97% Zinc & 80g/t Silver

25.80 metres @ 6.4 g/t Gold with 6.47% Zinc & 35 g/t Silver

15.70 metres @ 4.3 g/t Gold with 1.98% Zinc & 47 g/t Silver

02.20 metres @ 127.5g/t Gold & 299g/t Silver

Significant high grade gold intersections are shown in the following table

Caigaiying which began life primarily for GFM as a zinc play released stats many years ago reg. silver and gold resource; but very few investors appreciated that one day they would come into play. Perhaps understandable when the Chinese were literally q/ing and hammering at their door for every bit of zinc GFM could spew out ...........but gold was a mere $300 per t/oz then, and silver a tiny fraction of todays price....................A totally different story today.....

Confirmation that the Silver grades were grams,doing wonders for the SP,anyone care to work out the revenues for 750ktons. Yes RField, 100p a distinct possibillity in near future.
cyril

$442,500,000 0r 750,000,000 gram 0r 26,455,471 ounce @ .59p per gram