Drilling Underway at Playfair’s Mount Uniacke
Playfair announces that drilling is in progress at its Mount Uniacke Project, part of Playfair’s Golden Circle Project in Nova Scotia. Playfair is fully funded for the drill program totaling 2,950 metres in 41 drillholes to test for high grade gold at modest depths below the shallow historical surface workings together with testing for bulk tonnage gold near historical large open cuts.
Three of the planned six holes on the historic West Lake Mine have been completed to date.
The targeted three-prong drill program is summarized below.
West Lake Mine Area
This initial drilling is designed to directly test the conclusion of E.R. Faribault, as reported by Malcolm (1929), that veins north of the historic Borden Vein “may prove very rich at the crumple.” The program consists of two groups of three 100-metre holes (600 metres total) drilled from the same setups. The strategic objective is to test this specific, high-grade structural target where the veins are predicted to be thickened by the “Crumple” at a relatively shallow depth, providing a rapid and cost-effective validation of a long-standing geological thesis.
Central Crossing
This phase of drilling will consist of 10 locations with 3 shallow drill holes each (30 shallow drill holes for a total of 1,550 metres). It is designed to locate and explore the “Crumple” structure where it is projected to intersect a major north-south vein zone, approximately 850 metres away from the well-mapped West Lake Mine. The objective of this work is to delineate the scale and continuity of this critical gold-bearing structure and understand its potential to host significant mineralization where it interacts with, and potentially thickens, other known gold-bearing veins.
Open Cut Area
This component of the program will test an entirely different deposit model, leveraging historical evidence of open-cut mining of low-grade material (2.8 g/t). This drilling, comprising four 100-metre holes and one 400-metre hole (800 metres total), will test the potential for a high-tonnage, disseminated gold deposit. The rationale is strongly supported by a poorly sampled 1995 drill hole (MU 95-1) which assayed 2.6 g/t Au from unremarkable core that was adjacent to unsampled sections, underscoring the potential for a much larger mineralized system than previously understood.
Further details of the drill program, which is supervised by Greg Davison P.Geo, and Perry MacKinnon P.Geo both qualified persons as defined by National Instrument 43-101. can be found here in Playfair’s News Release dated November 10, 2025
Playfair’s CEO Don Moore said “Playfair is excited by the opportunities available in Nova Scotia’s New Gold Era. We are looking forward to drill results from the first core drilling at Mount Uniacke in over 30 years.”
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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
The technical contents of this release were reviewed and approved by Greg Davison, PGeo, a qualified person as defined by National Instrument 43-101.
For further information visit our website at www.playfairmining.com or contact:
Donald G. Moore
CEO and Director
Phone: 604-377-9220
Email: dmoore@wascomgt.com
D. Neil Briggs
Director
Phone: 604-562-2578
Email nbriggs@wascomgt.com
Forward-Looking Statements: This Playfair Mining Ltd. News Release may contain certain “forward-looking” statements and information relating to Playfair which are based on the beliefs of Playfair management, as well as assumptions made by and information currently available to Playfair management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, exploration and development risks, expenditure and financing requirements, title matters, operating hazards, metal prices, political and economic factors, competitive factors, general economic conditions, relationships with vendors and strategic partners, governmental regulation and supervision, seasonality, technological change, industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein.
