TIDMGGG 
 
Central China Goldfields plc 
 
                      ("Central China" or "the Company") 
 
                         SNOW MOUNTAIN PAYMENT UPDATE 
 
                        30% INTEREST IN NIMU NOW EARNED 
 
LONDON - 15 January 2009 
 
Central China Goldfields plc (AIM: GGG) is pleased to announce that the Company 
has now signed a Memorandum of Understanding ("MOU") with the Sichuan Bureau of 
Metallurgy and Geological Exploration ("SBMGE"), concerning the payment of the 
funds arising on the sale of the Snow Mountain Project. These funds, as 
previously announced, have been allocated to develop the Company's Nimu copper 
project where several geological discoveries have been made in 2008. 
 
The RMB 35 million balance due is being used to pay the final RMB 28.8 million 
property payment on the Nimu Project plus related drill and exploration costs. 
The MOU confirms that Central China has now formally earned its 30% interest in 
the Nimu Project. Going forward, both Central China and the SBMGE have agreed 
that the project's management will remain with Central China, with the 
remaining drill costs to companies associated with the SBMGE subject to further 
negotiations. 
 
Jeff Malaihollo, Managing Director of Central China Goldfields plc, comments: 
 
"The Directors of Central China Goldfields plc are delighted to announce that 
the company has now earned its initial 30% interest in the Nimu Project and 
wish to publicly thank the Sichuan Bureau of Metallurgy and Geological 
Exploration for their positive assistance in developing the Nimu project in 
what has been an excellent exploration year for the Company set against a 
challenging financial background." 
 
Additional Financing 
 
The Company also announces that following the announcements of 18 and 19 
December 2008, Central China Goldfields plc has agreed to issue an additional 
1,000,000 new ordinary shares ("Placing Shares") at 1.5 pence per share, 
raising a further GBP15,000. 
 
Application will be made for the additional 1,000,000 Placing Shares to be 
admitted to AIM and it is expected that trading will commence on 26 January 
2009. The total number of shares in issue will be 159,367,191. 
 
For Further Information: 
 
Central China Goldfields plc       Hanson Westhouse Limited 
 
Dr. Jeffrey Malaihollo             Tim Metcalfe / Martin Davison 
 
Tel: 020 7621 0200                 Tel: 020 7601 6100 
 
Email: info@ccgoldfields.com 
 
www.ccgoldfields.com 
 
 
 
END
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