Playfair Defines Six Targets at RKV Project, Norway

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Vancouver, British Columbia--(Newsfile Corp. - September 29, 2020) - Playfair (TSXV: PLY) (FSE: P1J1) (OTC: PLYFF) has collected a total of 1,613 MMI samples in three phases of MMI soil geochemical sampling to evaluate 24 targets generated by Windfall Geotek's CARDS platform. Six targets have been selected for further work including the highly significant Storboren Copper Anomaly.

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/7302/64817_f7b3f825542acae9_002full.jpg

Figure 1

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/7302/64817_f7b3f825542acae9_002full.jpg

The first phase of the MMI evaluation process identified 15 of the original 24 CARDS targets for further field work. The second phase of MMI provided detailed spatial continuity and extended MMI anomalies on 2 targets.

The just completed third phase covered the remaining 13 targets selected from the first phase MMI together with one additional CARDS target proximal to the past producing Rostvangen Mine. Four targets were selected for further work based on the third phase MMI results bringing the total to six targets.

CEO Don Moore states: "Having a compelling drill target emerge from geochemical data alone on a high priority CARDS target is a rare event; nonetheless Storboren is drill-ready."

Further fieldwork is planned on the remaining 5 principal targets with the goal of advancing some, or all, of these to drill-ready targets.

The Company and its Norway-based representative are working closely with local authorities and the Directorate of Mining to obtain the required permissions for drilling Storboren.

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. Two historic copper mines, Kvikne and Rostvangen, a drilled nickel-copper deposit, Vakkerlien, and over 20 known mineral occurrences mapped and sampled by the Norwegian Geological Survey (NGU) together with an extensive digital database formed the initial impetus for exploration in the area.

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: [email protected]

D. Neil Briggs
Director
Phone: 604-562-2578
Email: [email protected]

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.

Neither 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/64817

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).