Central China Goldfields plc

                           (`GGG' or `the Company')

               CONFIRMED THIRD COPPER CENTRE AT GELONG PROSPECT

                       GANGJIANG LICENCE, NIMU PROJECT

      358.2m @ 0.58% Cu Eq with multiple greater than 1% Cu Eq sections

LONDON - 16 September 2008 - Central China Goldfields plc (AIM:
GGG) is pleased to report excellent results of diamond drill hole GJ16 from
the 2008 round of drilling at the Gelong prospect, Gangjiang exploration
licence area, Nimu Copper-Molybdenum Project ("Nimu").

Highlights:

- Drill hole GJ16 returned 358.2 metres of 0.58% copper equivalent
(0.24% Cu and 0.038% Mo) and 1.8 g/t silver from 41.8 metres down hole.

- A total of 62.4 metres, with a maximum of 22 metres continuous
section, of the 358.2 metres interval were mineralised at greater than 1%
copper equivalent.

- Hole GJ16 ended in mineralised rock at 400 metres depth and
mineralisation remains open at depth.

- This is now the third hole following GJ05 and GJ06 to hit
substantial mineralisation at the Gelong prospect.

- In 2008, drilling has now proven three well-mineralised
prospects. From south to north for a distance of about two kilometres, these
are Guqing, East Nading and Gelong.

- To date, thirteen out of sixteen holes in the Gangjiang licence
area have returned significant mineralisation.

Jeff Malaihollo, Managing Director of Central China Goldfields plc,
comments:

"Hole GJ16 is to date the most important hole drilled in the
Gangjiang licence. This hole confirmed the presence of the third centre of
mineralisation and is one of the highest grades drilled over long intervals.
Its location 900 metres north of hole GJ15, which is in turn 1,000 metres
north of Guqing, suggests mineralisation exists over a two kilometre long
corridor.

Our work, together with our partner's, the Sichuan Bureau of
Metallurgy and Geological Exploration, to date indicates that mineralisation
at Gangjiang occurs as an extensive, near surface system with zones of
enriched oxide."

2008 DRILLING PROGRAMME:

The second round of diamond drilling at the Gangjiang exploration
licence area commenced on 25 May 2008. The aim of this year's drilling
programme is to locate the higher grade zones of last year's drilled prospects
and define an inferred resource. These prospects are the Guqing prospect,
represented by holes GJ07 to GJ14, East Nading, represented by holes GJ02,
GJ15 and GJ18 and Gelong, represented by holes GJ05, GJ06, GJ16 and GJ17.

For this year, ten holes have been completed as listed in Table 1.
The 11th hole, GJ19, is currently being drilled between the East Nading and
Gelong prospects.

Copper ("Cu"), molybdenum ("Mo") and silver ("Ag") assays for holes
GJ09 to GJ16 have been received. Results from holes GJ17 and GJ18 are still
pending.

Table 1. Gangjiang drillhole summary

Hole No.  Prospect    Azimuth  Dip (o)    Collar    Depth (m)
                        (o)             Elevation
                                           (m)

GJ09       Guqing       270      -60      4,899       373.5
GJ10       Guqing       90       -60      4,899       543.7
GJ11       Guqing       268      -60      4,829       220.0
GJ12       Guqing       90       -60      4,829       304.7
GJ13       Guqing       269      -60      4,928       325.3
GJ14       Guqing       90       -60      4,928       303.0
GJ15     East Nading    90       -60      4,990       580.8
GJ16       Gelong       270      -60      4,650       400.0
GJ17       Gelong       90       -60      4,727       269.6
GJ18     East Nading    90       -60      4,874       403.8
                  Total Depth (m)                    3,724.4


GEOLOGICAL & ASSAY DETAILS:

The Gangjiang licence area is underlain primarily by main stage
quartz monzonite ("QZMZ") intruded by various intra- to late-mineral porphyry
intrusives such as quartz monzonite ("PPQM"), rhyodacite ("PPRD"), dacite
("PPDC") and andesite porphyry dykes. Significant copper-molybdenum
mineralisation is in zones of moderate to intense phyllic (sericite-clay) and
potassic (K-feldspar-biotite) alteration zones in the QZMZ and PPQM. Primary
mineralisation consists of chalcopyrite and molybdenite mainly as blebs and
fracture fills and less in quartz veinlets. Pyrite is in very minor amounts
and hypogene chalcocite, sphalerite, and galena are locally abundant in
structurally controlled hydrothermal breccias. In the supergene (weathered)
zone, the copper ore consists of limonite-goethite, malachite, azurite,
neotocite (Cu manganese hydroxide), chalcocite and minor to rare pyrite.
Supergene Cu can also be contained in the adjacent PPRD dykes when near to
well-mineralised QZMZ and PPQM.

Results of prior batches from holes GJ09 to GJ13 were released on
29 and 31 July 2008, hole GJ14 results on 14 August 2008 and hole GJ15 results
on the 10 September 2008. Hole GJ16 at the Gelong prospect is located about
100m west-southwest from hole GJ05 but directed due west instead of northwest.
At about 0.10% Cu cut-off, the significant assay results of hole GJ15 are
outlined in Table 2.

Table 2. Summary of significant GJ15 drillhole assay results at
about 0.1% Cu

Hole No. From (m) To (m) Width (m) % Cu  % Mo  % Cu Eq  Ag (g/t)

GJ16         41.8  146.6   104.8   0.28  0.033   0.58     1.0
   incl.     54.0   59.6    5.6    0.58  0.061   1.13     1.8
GJ16        165.8  325.6   159.8   0.25  0.043   0.64     1.9
   incl.    166.4  172.0    5.6    0.29  0.093   1.13     
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