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Zone II Production Commenced

In brief · summary, not quotable

Zone II production commenced at Caijiaying Mine following first blast on 20 April 2026.

  • Mine development completed 19.4 kilometres
  • Ventilation shafts completed 625 metres
  • Mining licence duration to 2054
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Griffin Mining Limited ("Griffin" or the "Company) is extremely pleased to announce that the first production blast in Zone II was successfully completed on the 20th April 2026 marking a key milestone in the commissioning and final safety approval process of Zone II in accordance with governing Chinese regulations. All statutory mandated mine development, totalling 19.4 kilometres and ventilation shafts totalling 625 metres, were completed on the 15th April 2026. Ore is now expected to be mined continuously from Zone II for the duration of the current mining licence running to 2054.

Chairman's Statement

Chairman Mladen Ninkov commented, "This is a proud and momentous day for the Company, it's shareholders, the Caijiaying Mine and it's staff and contractors. It's importance cannot be overstated as the Caijiaying Mine moves to a second source of ore to 2054. I am delighted for all concerned"

596/2014

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

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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