News Releases

Drone Magnetic Surveys in Progress at Playfair’s RKV Project, Norway

November 10, 2020

Playfair has engaged Mobile Geophysical Technologies GmbH (MGT) to carry out detailed drone magnetic surveys over six selected areas of Playfair’s RKV Project in Norway.

Surveys will cover 12.75 square kilometres at a 50m flight altitude using a 50m line spacing for a total of 285 survey line-kilometres.

MGT is a German based geophysical company with a special emphasis on drone-based systems to provide a cost-efficient geophysical exploration service. The surveys are ongoing with completion of data collection expected by mid-November.

The aeromagnetic survey is being executed using MGT’s DroneMag system, a multirotor UAV outfitted with a vector magnetometer. The unmanned aircraft is configured as a X-8 built octocopter. The DroneMag system uses a 3-axis fluxgate magnetometer.

Playfair Mining’s 100% owned RKV copper-cobalt-nickel project currently encompasses 344 square kilometers in a historic mining area about 100 km south of Trondheim by road. The Norwegian Geological Survey (NGU) has recorded, usually sampled, and analyzed 75 sulphide localities contained in 29 “Deposit Areas” on the RKV Project. The NGU “Ore Database” records historic production from four Deposit Areas, including two historic copper mines, Kvikne and Røstvangen. A drilled nickel-copper deposit, Vakkerlien also occurs on the property.

Playfair has used an extensive digital database, AI targeting (CARDS) and MMI geochemistry to focus on these initial six areas in preparation for a drill program.

The technical contents of this release were approved by Greg Davison, PGeo, a qualified person as defined by National Instrument 43-101.

There is no green future without minerals. The road to a cleaner environment includes batteries. Batteries use copper, nickel, and cobalt.

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
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.