Caijiaying Operations

60 St James's Street, London SW1A 1LE, United Kingdom

Telephone: + 44 (0)20 7629 7772 Facsimile: + 44 (0)20 7629 7773

E mail: [email protected]

Caijiaying Operations

19th October 2015.

Griffin Mining Limited (the "Company" or "Griffin") is saddened to report the death on Saturday 17th October of an employee of the mining contractor whilst underground at the Caijiaying Mine. As a result, mining operations at Caijiaying were voluntarily suspended by the Company pending an internal investigation by the Company and an external examination by the Chinese safety authorities pursuant to Chinese safety regulations of the incident. Needless to say, the safety of the Caijiaying mine site remains a priority for all parties concerned. The Company's thoughts and concerns rest with the deceased and their families. In the interim, sufficient stockpiles of ore remain available aboveground to continue operating the processing facilities for a minimum of 2 months at the current throughput rates.

Griffin Mining Limited

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

Roger Goodwin - Finance Director

Panmure Gordon (UK) Limited Telephone: +44 (0)20 7886 2500

Dominic Morley

Cantor Fitzgerald Europe Limited Telephone: +44 (0)20 7894 7000

Jeremy Stephenson

Stewart Dickson

Griffin Mining Limited's shares are quoted on the Alternative Investment Market (AIM) of the London Stock Exchange (symbol GFM).

The Company's news releases are available on the Company's web site: www.griffinmining.com