tipton11
- 25 Jul 2008 13:26
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.
niceonecyril
- 08 Dec 2010 10:30
- 41 of 110
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.
niceonecyril
- 09 Dec 2010 18:00
- 42 of 110
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
required field
- 10 Dec 2010 09:00
- 43 of 110
This will now climb...I'm convinced of it....as all the gremlins are out of the way.....
micky468
- 15 Dec 2010 09:00
- 44 of 110
Griffin is pleased to announce lots of silver and gold
http://moneyam.uk-wire.com/Article.aspx?id=201012150700129441X
niceonecyril
- 15 Dec 2010 09:37
- 45 of 110
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
required field
- 15 Dec 2010 11:57
- 46 of 110
Way undervalued.....my guess is that the sp will return to 100p by late spring !.
TheFrenchConnection
- 15 Dec 2010 12:58
- 47 of 110
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 ,,,,,
required field
- 15 Dec 2010 14:51
- 48 of 110
Production of zinc and other metals is now set to increase quite rapidly....to me this should drive the sp upwards....
micky468
- 17 Dec 2010 10:28
- 49 of 110
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
TheFrenchConnection
- 17 Dec 2010 11:50
- 50 of 110
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.....
niceonecyril
- 17 Dec 2010 12:51
- 51 of 110
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
micky468
- 17 Dec 2010 15:38
- 52 of 110
$442,500,000 0r 750,000,000 gram 0r 26,455,471 ounce @ .59p per gram
micky468
- 21 Dec 2010 09:06
- 53 of 110
big number coming in noe wow news out 3 x in one week
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. Additional very high-grade zinc mineralisation was identified. Better zinc assays included:
required field
- 21 Dec 2010 09:08
- 54 of 110
100p plus coming soon....100% sure.....
micky468
- 21 Dec 2010 09:11
- 55 of 110
is every one sleeping on here field you try to give them a good company and no one even looks at it ,what the fuck no more .
required field
- 21 Dec 2010 09:14
- 56 of 110
Looks like a good one and the profits in a years time will be enormous if everything goes to plan...
micky468
- 21 Dec 2010 09:22
- 57 of 110
well i be here till 1.50 then maybe if there are no sins of a take over may take some money off the top play it as i see it good luck
niceonecyril
- 21 Dec 2010 10:28
- 58 of 110
Yes this is now a monet making machine,here's the grades for those who have seen them,"stunning".
cyril
High Grade Zinc Results
21st 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. Additional very high-grade zinc mineralisation was identified. Better zinc assays included:
28.10 metres @ 10.66 % Zinc with 52.29 g/t
Silver, 0.50% Lead & 0.85 g/t Gold
21.30 metres @ 17.25 % Zinc with 54.14 g/t
Silver, 0.42% Lead & 0.21 g/t Gold
21.20 metres @ 22.80 % Zinc with 83.66 g/t
Silver, 0.65% Lead & 0.78 g/t Gold
14.85 metres @ 32.81 % Zinc with 123.30 g/t
Silver, 1.08% Lead & 0.23 g/t Gold
12.70 metres @ 18.34 % Zinc with 95.85 g/t
Silver, 1.08% Lead & 0.16 g/t Gold
10.45 metres @ 18.50 % Zinc with 93.92 g/t
Silver, 0.74% Lead & 1.44 g/t Gold
11.20metres @ 16.26 % Zinc with 50.14 g/t
Silver, 0.21 % Lead & 1.39 g/t Gold
10.15 metres @ 14.23 % Zinc with 67.01 g/t
Silver, 0.67% Lead & 0.50 g/t Gold
9.95 metres @ 19.40 % Zinc with 56.75 g/t
Silver, 0.50% Lead & 0.47 g/t Gold
9.66 metres @ 11.63 % Zinc with 33.81 g/t
Silver, 0.62% Lead & 0.08 g/t Gold
6.90 metres @ 27.37 % Zinc with 115.74 g/t
Silver, 0.79% Lead & 1.67 g/t Gold
4.00 metres @ 33.52 % Zinc with 124.81 g/t
Silver, 1.79% Lead & 0.29 g/t Gold
4.40 metres @ 27.45 % Zinc with 113.17 g/t
Silver, 0.91% Lead & 0.07 g/t Gold
4.00 metres @ 17.50 % Zinc with 56.28 g/t
Silver, 0.65% Lead & 0.38 g/t Gold
4.00 metres @ 17.31 % Zinc with 62.82 g/t
Silver, 0.75% Lead & 3.31 g/t Gold
4.00 metres @ 18.09 % Zinc with 279.75 g/t
Silver, 0.01% Lead & 0.20 g/t Gold
Significant high grade zinc intersections are shown in the following table.
From To Interval Zinc Silver Lead Gold
------------ ------- ------- --------- ------ ------- ----- ------
Hole No. (m) (m) (m) (%) (g/t) (%) (g/t)
------------ ------- ------- --------- ------ ------- ----- ------
UGCJY-856 75.00 80.60 5.60 24.91 30.10 0.10 0.57
------------ ------- ------- --------- ------ ------- ----- ------
UGCJY-951 22.40 32.85 10.45 18.50 93.92 0.74 1.44
------------ ------- ------- --------- ------ ------- ----- ------
UGCJY-952 17.65 24.55 6.90 27.37 115.74 0.79 1.67
------------ ------- ------- --------- ------ ------- ----- ------
UGCJY-953 1.00 10.95 9.95 19.40 56.75 0.50 0.47
------------ ------- ------- --------- ------ ------- ----- ------
UGCJY-997 11.80 33.00 21.20 22.80 83.66 0.65 0.78
------------ ------- ------- --------- ------ ------- ----- ------
UGCJY-1041 13.15 25.85 12.70 18.34 95.85 1.08 0.16
------------ ------- ------- --------- ------ ------- ----- ------
UGCJY-1048 19.80 41.10 21.30 17.25 54.14 0.41 0.21
------------ ------- ------- --------- ------ ------- ----- ------
UGCJY-1093 1.00 15.85 14.85 32.81 123.30 1.08 0.23
------------ ------- ------- --------- ------ ------- ----- ------
UGCJY-1107 84.10 88.10 4.00 33.52 124.81 1.79 0.29
------------ ------- ------- --------- ------ ------- ----- ------
UGCJY-1129 29.20 33.60 4.40 27.45 113.17 0.91 0.07
------------ ------- ------- --------- ------ ------- ----- ------
UGCJY-1483 59.00 70.20 11.20 16.26 50.14 0.21 1.39
------------ ------- ------- --------- ------ ------- ----- ------
UGCJY-1483 99.85 110.00 10.15 14.23 67.01 0.67 0.50
------------ ------- ------- --------- ------ ------- ----- ------
UGCJY-1623 104.00 132.10 28.10 10.66 52.29 0.50 0.85
------------ ------- ------- --------- ------ ------- ----- ------
UGCJY-1701 173.00 177.00 4.00 17.50 56.28 0.65 0.38
------------ ------- ------- --------- ------ ------- ----- ------
UGCJY-1715 14.00 18.00 4.00 17.31 62.82 0.75 3.31
------------ ------- ------- --------- ------ ------- ----- ------
UGCJY-1721 0.00 9.66 9.66 11.63 33.81 0.62 0.08
------------ ------- ------- --------- ------ ------- ----- ------
UGCJY-1729 46.00 50.00 4.00 18.09 279.75 0.01 0.20
------------ ------- ------- --------- ------ ------- ----- ------
Competent Person Statement
The data in this report that relates to Exploration Results for the Caijiaying Area, China, is based on information reviewed by Mr Jack Drzymulski who is a Member of the Australasian Institute of Mining and Metallurgy. Mr Drzymulski is a full time employee of Hebei Hua Ao Mining Industry Company Limited. Mr Drzymulski has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is 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. Mr Drzymulski consents to the inclusion in the report of the Exploration Results in the form and context in which they appear.
Mladen Ninkov, Griffin's Chairman, commented on these drilling results as follows: "Caijiaying continues to produce everything the Company hoped it would. No more needs to be said."
niceonecyril
- 17 Jan 2011 07:59
- 59 of 110
http://www.investegate.co.uk/Aeticle.aspx?id=201101170700084976Z
Excellent update,30 year mine life.
Chairman Mladen Ninkov commented, "Caijiaying continues to deliver on its promise as an extensive, long life and highly profitable mineral system. The shareholders should continue to enjoy the benefits of this mine for a very long time."
niceonecyril
- 10 Feb 2011 07:21
- 60 of 110
Most encouraging and real prigress expected next year.
Trading Statement
INCREASED PRODUCTION
Griffin Mining Limited ("Griffin" or the "Company") is pleased to report an increase in production at its Caijiaying zinc-gold mine in China in the year ended 31st December 2010 despite the suspension of operations for almost 4 months at Caijiaying from September to December 2010.
In summary:
389,496 tonnes of ore was processed, compared to 276,880 tonnes in 2009, a 40.6% increase;
22,044 tonnes of zinc metal in concentrate was produced, compared to 17,167 tonnes in 2009, a 28% increase;
7,067 ounces of gold in concentrate was produced, compared to 3,726 ounces in 2009, a 90% increase;
157,679 ounces of silver in concentrate was produced, compared to 89,222 ounces in 2009, a 77% increase; and
690 tonnes of lead in concentrate was produced, compared to 500 tonnes in 2009, a 38% increase.
Commissioning of the newly expanded processing facilities to process in excess of 750,000 tonnes of ore per annum has been virtually completed. Mining and haulage of ore has also been increased to meet the expanded processing capacity of the mill.
Mladen Ninkov, Griffin's Chairman, commented: "Despite the suspension of activities at Caijiaying in September through early December following the deaths of two employees of the mining contractor, Caijiaying still managed to outperform what was achieved in 2009. With increasing metal prices, the completion of the plant upgrade and a full year of operations in front of us, I am looking forward to significantly better results in 2011."