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Nineteen Drillholes Completed At Playfair’s RKV Project In Norway

September 14, 2022

Playfair has completed its 2022 drilling at its 100% owned RKV Copper project in south central Norway. Five target areas were tested: two at Røstvangen, two at Kletten and one at Sæterfjellet.

At Røstvangen 11 holes totalling 544.5m were drilled, six holes totalling 379.5m were drilled at Kletten and two holes totalling 183m at Sæterfjellet. 

Drill core logging, cutting, and sampling of all holes has been completed. Sulphides were intersected in all target areas. A total of 297 samples, including 15 blanks,14 standards and 14 duplicates are being shipped for analysis.

In 2021 initial drilling was carried out at the Rødalen and Storboren targets, together with this year’s drilling seven targets have been tested. Further work will be planned following receipt of assay results.

Don Moore, CEO of Playfair, comments: “Our drilling and support team in Norway has done an incredible job, The exploration technique requires numerous drill moves. Considerable effort has been made ‘to protect nature’ and gain the support of the local Municipality with very positive results. We truly appreciate the growing support. We look forward to receiving assay results.”

Playfair used a drilling machine which can be disassembled for moving between drillholes. Although lightweight, the drill is capable of drilling to 150m depth using BQ sized rods (36.5 mm or 1.437 inches core diameter) and to 100m depth using NQ sized rods (47.8mm or 1.872 inches core diameter).

The man-portable drill team was supervised by Canadian drillers, No Limit Diamond Drilling. Local “Muskelgutta” (Muscle Guys) again rose to the challenge of moving the man-portable drill when required. Local community support continues to be greatly appreciated.

Promin AS, a Trondheim-based consultancy with extensive experience in the Norwegian Mining industry, provides logistical support and experienced geologists.

Overall management and execution of Playfair’s RKV drilling program is provided by Ronacher McKenzie Geoscience Inc., an independent consulting group, who, as part of their supervision, will ensure that appropriate quality assurance/quality control (QA/QC) protocols are in place. RMG follows the Canadian Institute of Mining, Metallurgy and Petroleum’s (CIM) Best Practices.

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

The rad to a cleaner environment includes electric vehicles. Electric vehicles need copper, nickel, and cobalt. There is no green future without minerals.

For further information visit our website at www.playfairmining.com or contact:

Donald G. Moore D. Neil Briggs
CEO and Director Director
Phone: 604-377-9220 Phone: 604-562-2578
Email: dmoore@wascomgt.com 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.