Griffin Mining Limited 3rd Quarter Results (8320P)
12 Octubre 2023 - 1:00AM
UK Regulatory
TIDMGFM
RNS Number : 8320P
Griffin Mining Limited
12 October 2023
8th Floor, Royal Trust House, 54-56 Jermyn Street, London. SW1Y
6LX, United Kingdom
Telephone: + 44 (0)20 7629 7772 Facsimile: + 44 (0)20 7629
7773
E mail: griffin@griffinmining.com
Third Quarter Production Results
12(th) October 2023
Griffin Mining Limited ("Griffin" or the "Company") is pleased
to announce production results for the three months to the 30(th)
September 2023 .
3 months 3 months 3 months
to 30(th) to 30(th) to 30(th)
September June 2023 September
2023 2022
Ore mined Tonnes 363,406 366,762 267,304
-------- ----------- ----------- -----------
Ore processed Tonnes 367,024 372,804 309,465
-------- ----------- ----------- -----------
Zinc in concentrate Produced Tonnes 12,839 14,130 11,591
-------- ----------- ----------- -----------
Gold in concentrate produced Ozs 3,950 3,237 3,080
-------- ----------- ----------- -----------
Silver in concentrate produced Ozs 69,707 82,829 85,612
-------- ----------- ----------- -----------
Lead in concentrate produced Tonnes 284 468 373
-------- ----------- ----------- -----------
Average zinc price received
per tonne USD 1,782 1,862 2,292
-------- ----------- ----------- -----------
Average gold price received
per oz USD 1,900 1,851 1,661
-------- ----------- ----------- -----------
Average silver price received
per oz USD 19.3 19.3 15.7
-------- ----------- ----------- -----------
Average lead price received
per tonne USD 2,514 2,251 2,097
-------- ----------- ----------- -----------
Overview
Production has been maintained at the Caijiaying Mine at an
annualised equivalent rate of circa 1.5 million tonnes of ore mined
and processed, all of which has been extracted from Zone III.
Zone II development work is ongoing including a new third
portal, development of the decline and extension of the new South
Ventilation Shaft.
Chairman Mladen Ninkov commented , "Another solid quarter of
production with thanks to all the Company's officers, employees and
contractors."
About Griffin Mining Limited
Griffin Mining Limited's shares are quoted on the Alternative
Investment Market (AIM) of the London Stock Exchange (symbol GFM).
Griffin Mining Limited owns and operates through its 88.8% owned
Joint Venture in China the Caijiaying Zinc Gold Mine, a profitable
mine producing zinc, gold, silver, and lead metals in concentrates.
For more information, please visit the Company's website
griffinmining.com.
Further information
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
John Prior
Dougie McLeod
Berenberg Telephone: +44(0)20 3207 7800
Matthew Armitt
Jennifer Lee
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(Withdrawal) Act 2018 ("UK MAR").
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END
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