Central China Goldfields plc

                            `GGG' or `The Company'

ADDITIONAL RESULTS FROM SONGPANGUO AND SHUINIUJIA

ANOTHER NEW ZONE IDENTIFIED

LONDON - 1 February 2006 - Central China Goldfields plc (AIM: GGG,
GGGW) reports additional results from recently completed aditing (tunnelling)
and trenching programmes at the Songpanguo ("SPG") and Shuiniujia ("SNJ")
deposits in the Baima area, Snow Mountain Project, Sichuan Province of China.
The SPG and SNJ deposits are within 6km of each other and the area is
prospective for Carlin-style gold mineralisation.

Highlights:

- Assay results from two underground tunnels and eight trenches at
the SPG and SNJ deposits are reported

- One new zone discovered in underground tunnels at SPG including a
zone of 8 metres @ 4.63 g/t Au

- Results from SNJ verified some areas identified by Sichuan Bureau
of Metallurgy and Geological Exploration ("SBMGE")

- Other underground tunnelling results include: 3.0 metres @ 3.15
g/t Au and 3.0 metres @ 3.06 g/t Au at SPG and 1.7 metres @ 7.01 g/t Au and
3.0 metres @ 3.49 g/t Au at SNJ

- Trenching results include: 13 metres @ 2.85 g/t Au (at SPG) and
0.6 metres @ 11.40 g/t Au, 1 metre @ 8.24 g/t Au, 0.7m @ 4.29 g/t Au (at SNJ)

GEOLOGICAL DETAILS:

Further fire assay results from SPG and SNJ trenches and
underground tunnels (adits) are reported. All samples were analysed by SGS
laboratory in Tianjin, China, using the 50 grammes fire assay method.

Full results for the adits and trenches are tabulated below. Direct
comparison often can not be made as the old trenches have been washed away or
their locations can not be accurately situated.

Songpanguo Adit and Trench

Fire assay results from adit PD3060 on mineralised Zone 3 in the
eastern sector of SPG, give 8.0 metres @ 4.63 g/t gold (true width 4.7
metres). This marks a new mineralised zone on the west flank of the Zone 3
trend, which will be followed up by adits and drilling next season.

This adit was dug by artesanal miners after the SBMGE sampling
programme and so there are no wet assays for comparison. The original PD3060,
driven along a mineralised zone, had collapsed. It had been sampled across the
roof at 5 to 10 metres intervals with a weighted average of 4 g/t gold and
average thickness of 0.7 metres. A cross-cut from the new adit gave 3 metres @
3.15 g/t gold (true width 2.2 metres) and 3 metres @ 3.06 g/t gold (true width
1.5 metres).

Trench TC58-1R returned 13.0 metres @ 2.85 g/t gold by fire assay.
This trench lies 10 metres west of trench TC100-3 where the original wet assay
results were similar (14.4 metres @ 2.29 g/t gold).

Shuiniujia Adit

Of the old adits reported by the SBMGE, that intersected
mineralisation, only PD5 was accessible. The portals to PD1 and PD7 have been
mined away and PD4 collapsed during cleaning.

Adit PD5 had collapsed in the mineralisation at 53 metres. The adit
was cleaned and then turned to the north at 46 metres and then northeast to
try to intersect the mineralisation further to the north. A 2.3 metres thick
zone of gouge and strongly fractured carbonaceous slate with quartz veining
assayed 1.7 metres @ 7.01 g/t gold. This is probably the northwest
continuation of same zone intersected and sampled in the old adit which gave
1.8 metres @ 3.02 g/t gold. However, the zone originally assaying 7.14 metres
@ 3.2 g/t gold (now a collapsed zone) was not found in the new branch of the
adit, which runs 6 metres to the northwest. On investigation it appears that
the old SBMGE sampling was not carried out under supervision and may have been
unrepresentative.

This implies that the eastern, zone II may be thinner, but higher
grade than marked on the old maps at this point. The western, zone I,
re-sampling in PD5 confirmed the 3 metres intersection (3.2 metres @ 1.83g/t
Au, wet assay) at a slightly higher grade of 3.0 metres @ 3.49 g/t gold by
fire assay.

Shuiniujia Trenches

TC38R, dug above the old adit PD4, gave 0.6 metres @ 11.40 g/t gold
and one value of 1.1 metres @ 1.21 g/t gold. The original trench is though to
lie about 30m to the east and gave 1.8 metres @ 1.64 g/t gold.

Trench TC26R gave one value of 8.24 g/t gold over 1 metre, flanked
by a 4 metres zone of 0.2 to 0.5 g/t gold. This is in a carbonaceous fault
breccia zone with quartz veining. Trench TC26R was dug on the site of an old
trench. However no trench map, assay or co-ordinate data is available for
comparison.

The original trench TC26 is thought to lie 30 m to the southeast of
trench TC26R and gave 6 metres @ 7.15 g/t gold at the eastern end. However,
this intersection is not consistent with the data in adit PD10, 30 metres
below, or the sparse non-continuous re-sampling in trench TC28R or the partial
original sampling in trench TC28, 15 metres to the south east.

Trench TC28R, at the northern end of the current trenching,
intersected low values (0.02 g/t gold) in partial sampling at 6 metres and 17
metres either side of a thick (6 metres deep) section of overburden. The old
trench TC28 also intersected a 4 metres deep section of overburden, but the
base of this unit was mapped as brecciated bedrock and sampled, giving low
values averaging 12 metres @ 0.12 g/t gold by wet assay.

New trench TC28R was not sampled from 18 to 45m because no
obviously mineralised structure was intersected, and it was not possible to
dig to bedrock below a 5 metres section of coarse overburden. The section from
45-50 metres was sampled but assayed below 0.02 g/t gold.

Trench TC42R-1 intersected low values, below 0.09g/t over the short
section re-sampled from 0 -13 metres. This trench did not find the
continuation of the two zones intersected in the original trench TC42 of 3
metres @ 5.99 g/t gold, and 0.6 metres @ 1.47 g/t gold, about 30m to the
south. TC42 has washed away and could not be re-sampled.

Trench TC42R-2 intersected a gently northeast dipping zone of 0.7
metres @ 4.29 g/t gold, flanked, above and below by values of 0.24 g/t gold
and 0.14 g/t gold. The rest of the zone sampled from 3 to 11 metres was below
0.24g/t gold. This zone had not been trenched before. The comparative trench
TC42, located about 30m to the SE has been covered by scree and waste rock
over this section. The intersection by wet assay gave 1.8 metres @ 5.01 g/t,
which is on strike from the zone of 0.7m @ 4.29 g/t by fire assay.

Trenches TC50 and TC100 were dug to follow up field reconnaissance
which indicated carbonaceous zones in an area of previous gold in soil
anomalies on the eastern side of the gully which runs SSE to the east of
mineralized zone II. They intersected low values, below 0.09 g/t gold in TC50
and below 0.11 g/t gold in TC100.

                               SPG and SNJ assay results
  Location    Distance         Wet assay                Fire assay           Comments
              (m from
              portal)
                        Width  Au   Metregrammes Width  Au   Metregrammes  R=resampled
                         (m)  (g/t)               (m)  (g/t)               (fire assay)
  SPG ADIT
  PD3060R                                         8.0  4.63     37.04      New Zone III
                                                  3.0  3.06      9.19
                                                  3.0  3.15      9.45
 
 SPG TRENCH
  TC100-3               14.4  2.29     32.97     13.00 2.85     37.03        TC58-1R
 
  SNJ ADIT
    PD5                 7.14  3.19      22.8                                   Zone
                                                                          collapsed; not
                                                                              found
                         1.6  4.34      6.94
                38.8     3.2  1.83      5.84      3.0  3.49     10.47          PD5R
                35.8                              1.0  1.54      1.54          PD5R
                                                  1.7  7.01     11.91      PD5R Branch
                48.9                              1.8  3.02      5.43          PD5R
 
SNJ TRENCHES
    TC26                 8.0  6.31     50.48                              Old trench not
                                                                              found
                                                  1.0  8.24      8.24       TC26R new
    TC28                12.0  0.12      1.44          
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