8^th Floor, Royal Trust House, 54 Jermyn Street, London. SW1Y 6LX.  United Kingdom

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

E mail: griffin@griffinmining.com

Resignation of Joint Venture Director

23^rd February 2024

Griffin Mining Ltd ("Griffin" or the "Company") has formally received the resignation of Mr Shengchang Jin ("Mr Jin"), as a director of Hebei Hua Ao Mining Industry Company Limited ("HHA"), the 88.8% owned operating subsidiary of the Company. Furthermore, a Termination Agreement has been executed by all relevant parties ending any involvement by Mr Jin in any manner or form with HHA, effective the 7^th January 2023.

The Company has no further knowledge from its announcement of the 15^th December 2023 as to whether formal action will be undertaken by the People's Republic of China against Mr Jin in relation to his employment as the Chief Executive Officer of Zhangjiakou Yuanrun Enterprise Management Consulting Service Co. Ltd, the minority 11.2% shareholder in HHA. As previously stated, the ongoing investigations only relate to Mr Jin and do not concern HHA's operations or any relevant statutory licenses issued by the government to HHA.

The investigative team continues to acknowledge and thanked HHA for its full cooperation in this matter.

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 in China, through its 88.8% owned Joint Venture stock company, 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 www.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

             Dominic Morley

             Dougie McLeod

Berenberg                                                                  Telephone: +44(0)20 3207 7800

            Matthew Armitt

Jennifer Lee

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014

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