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Playfair Signs Drilling Contract for Mount Uniacke

May 26, 2026

Playfair announces the signing of drill contract with Lantech Drilling Ltd. and plans for drilling at its Mount Uniacke Project, part of Playfair’s Golden Circle Project in Nova Scotia.

Playfair is fully funded for the targeted three-prong drill program totalling 2,950 metres 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.

The last core drilling at Mount Uniacke was completed over 30 years ago, in 1995 when the price of gold averaged US$387 per ounce. Today, with the price of gold consistently above US$4,000 for the last 6 months it is time for a new examination of this past gold producing property. A review of the Mount Uniacke project can be found here.

Details of the drill program 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 drilling at Mount Uniacke - the first core drilling on this property in over 30 years. Be ready!”

The drill program is fully funded, agreements with landowners are in place and is expected to start around June 15, 2026. The program will be supervised by Greg Davison P.Geo, and Perry MacKinnon P.Geo both qualified persons as defined by National Instrument 43-101.

“Founded in 1990, New Brunswick based Lantech Drilling Ltd is a well-established name in the drilling industry. They offer specialized services to mining and mineral exploration companies and Geo-Environmental drilling services.  Their rubber track mounted drill rigs and service vehicles allow them to access the most environmentally fragile sites with little to no environmental footprint on the ground.”

The detailed exploration plan for the Golden Circle Project is available on Playfair’s website at the following link Exploration Plan.

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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.