Central China Goldfields plc                          

                            `GGG' or `The Company'                             

                              GEOPHYSICAL RESULTS                              

                    12 INDUCED POLARISATION TARGETS DEFINED                    

                    AT BAIRONG AND GANGJIANG, NIMU PROJECT                     

LONDON - 19 February 2008 - Central China Goldfields plc (AIM: GGG) has now
completed detailed analysis of its 2007 large scale ground based geophysical
surveys on the Bairong and Gangjiang exploration licence areas at its Nimu
Copper-Molybdenum Project in Tibet.

Highlights:

  * 12 new broad induced polarisation (IP) anomalies have been identified
    representing multiple zones of potential sulphide mineralisation.
   
  * A broad northwest-southeast trending zone stretching over six kilometres
    has been identified indicating a substantial mineralised system may be
    present.
   
  * The zone is associated with altered rocks similar to Gangjiang, where
    drilling confirmed significant copper and molybdenum mineralisation.
   
  * A number of these IP targets will be included in the May 2008 drilling
    campaign which is currently being planned in conjunction with data from
    previous large scale sampling and geochemical studies undertaken over the
    past 13 months.
   
Jeff Malaihollo, Managing Director of Central China Goldfields plc, comments:

"Our focus in the May 2008 drill campaign will be in defining resources at the
Gangjiang Licence, following a successful 2007 drilling campaign. We will also
test some of the high quality IP drill targets identified in this geophysical
survey. These recent geophysical results have increased our understanding of
the ore potential in the Gangjiang and Bairong areas and reaffirm our belief
that Nimu is a substantial copper molybdenum prospect."

GEOPHYSICAL SURVEYDETAILS:

A second round of ground geophysical surveys were conducted in August to
October 2007 to cover prospective ground at the Bairong exploration licence
area as well as to overlap the 2006 survey grid at the adjacent Gangjiang
exploration licence area (announced 22 November 2006).

The survey consisted of 77.25 line kilometres of induced polarisation (IP) /
resistivity (RES) and magnetic surveys covering an area of about 13 square
kilometres. The IP/RES survey was conducted by the Baoding Institute of
Geophysical Survey (Hebei, China), using a dipole-pole-dipole configuration.

Data was measured at 50 metre intervals at a 200 metre line spacing, with ELREC
Pro receivers and VIP5000 and VIP10000 transmitters manufactured by IRIS,
France. The magnetic survey was conducted by 605 Geophysical Team of the
Sichuan Bureau of Metallurgical Geological Exploration (SBGME), using USA-made
G856 proton magnetometers. Data was measured at 10 metre intervals at a 200
metre line spacing.

Integrating the results of the 2006 and 2007 surveys, the total magnetic
intensity (TMI) data indicates a very broad northwest-southeast trending
de-magnetized zone stretching for at least six (6) kilometres associated with
magnetite (Fe2O3)-destructive, weak to strong phyllic (sericite-clay)
alteration where previous drilling at Gangjiang intercepted significant copper�
molybdenum (Cu�Mo) grades (announced 20 August 2007). Within this low magnetic
domain are 12 moderate to high IP anomalies potentially representing several
zones of sulphide mineralisation.

The 2007 drilling campaign appears to indicate that the higher Cu-Mo zones are
in the large altered quartz monzonite stock around the periphery of later
rhyodacite porphyry bodies of varying phases, about 0.5 to 1 kilometre in
diameter. This prospective geological set up does not always correspond to
large IP anomalies. For example, holes GJ03 to GJ06 are in moderate to high IP
anomalies at >75m below the surface since they contain about 1-5% sulphides
including 0.5-1% Cu sulphide (i.e. chalcopyrite) and traces of Mo sulphide
(i.e. molybdenite). Whereas the best mineralised holes GJ08 and GJ07 at Guqing,
have very weak IP signatures since they contain low total sulphides,
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