London mining company receives operational extension until 2022 Winter Olympic Games

Griffin Mining Limited announced it has received notification that operating supplies will be delivered to the Caijiaying Mine Site until midnight on December 31 2021.

Griffin Mining owns and operates through its 88.8% owned Joint Venture in China the Caijiaying Zinc Gold Mine, a mine producing zinc, gold, silver, and lead metals in concentrates.

The company has received signed documentation from the City and County regulatory authorities stating that its operations may continue until the closing of this year, with additional operational time granted in Q1 2022.

This marks the mine as the only one granted such an accommodation in Hebei Province, China.

As is customary practice for the Caijiaying Mine, mining operations will cease during the Chinese New Year holiday period and the cessation will be slightly extended into the first quarter of 2022 due to the Winter Olympic and Paralympic Games and re-open on March 14 2022.

Chairman Mladen Ninkov commented: “The permission granted by the various levels of government in the People’s Republic of China to the continuing operations by the Company in this high profile period is very much appreciated.

“And [this] is an acknowledgement of the special relations enjoyed by all stakeholders in the Caijiaying Mine and best ESG practices implemented by the Company.

“Needless to say, my thanks go out to all concerned, particularly our senior western and Chinese management who strived so hard to achieve this result.”