TIDMGGG 
 
Central China Goldfields plc 
 
                      ("Central China" or the "Company") 
 
                        Strategic update on the Company 
 
15 October 2009 
 
Chairman's Statement 
 
Dear Shareholder, 
 
Following my appointment as Non-Executive Chairman of Central China Goldfields 
plc (AIM: GGG) on 6 October 2009, the Board of Directors and I would like to 
update shareholders on our strategy and recent activities. 
 
Our goal is to generate real shareholder wealth by creating a robust 
exploration and mining company, with the prime focus on building fundamental 
value. Using our technical strengths and available funds we are searching for 
and looking to acquire undervalued and underdeveloped projects, with the aim of 
advancing them to mining and cash flow. 
 
To this end, led by Jun Angeles the Company's Technical Director, we have been 
actively reviewing a wide range of opportunities since the Company's AGM. 
Primarily we are seeking a flagship project into which we can inject momentum 
towards feasibility and project development over the next 12-18 months. We have 
not restricted ourselves geographically, but given our existing experience our 
initial focus has been in Southeast Asia (outside China). However, your Board 
are firmly of the view that the quality of the project is of greater importance 
than the geography, although our preference is for stable, mining-friendly 
jurisdictions. 
 
In terms of commodity, we have been, and will continue to focus mainly on gold, 
copper and ferrous metals projects - metals that are underpinned by current 
Emerging Market urbanisation trends and present or future supply-demand 
deficits. 
 
Timing-wise we are keen to make our move as quickly as possible but we will be 
constrained by the availability of the cash proceeds of the sale of our Chinese 
assets, expected to be released over the next six months. 
 
We look forward to working with our shareholders to make this venture a 
success. 
 
Best wishes 
 
Peter Ruxton 
 
Chairman 
 
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                      Alexander David Securities 
                                          Limited 
 
                                          Nick Bealer / David Scott 
 
                                          Tel: 020 7448 9820 
 
 
 
END
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