Profile: Griffin Mining Ltd (GFM.L)

Griffin Mining Limited (Griffin) is a mining and exploration company. The principal asset of the Company is the Caijiaying zinc-gold mine. Caijiaying is located on the south-east edge of the Mongolian Plateau, approximately 250 kilometers north-west of Beijing in Hebei Province. On November 27, 2008, the Company completed the acquisition of 39.2 % of the Spitfire Oil Limited (Spitfire). The Company, through its wholly owned United Kingdom-based subsidiary, has a 90% interest in Hebei Anglo. The Company’s subsidiaries include China Zinc Pty Ltd, which is a service company; China Zinc Limited, which is a holding company; Hebei Hua’ Ao Mining Industry Company Ltd, which is engaged in base and precious metals mining, and development; Panda Resources Ltd, which is a holding company, and Hebei Sino Anglo Mining Development Company Ltd, which is engaged in mineral exploration and development.