Playfair. has a billion dollars worth of assets in 4 advanced tungsten properties and we are trading @ .38. Bluntly put, this is crazy. Greyriver is moving forward into production, the guys have checked out the adit and the ventalition system. Previous infrastructure is in good condition. Drilling below the adit will take place this summer and will prove there is a much larger resource base than first expected. Granite lake has great potential.Playfair will use the results from this airborne survey along with previously compiled data from this highly-prospective property to implement a detailed exploration program. The focus of the aggressive exploration planned for Granite Lake is a large (5 km by 10 km) lacustrine geochemical anomaly of tungsten, fluorine, copper, molybdenum, zinc, lead and silver.
Previous work on this property includes trench sampling by the Newfoundland Department of Natural Resources that showed up to 4.44 percent WO3 over 5.0 meters. In addition to this high-grade sample of 4.44 percent WO3 over 5.0 meters work on the property between 1978 and 1983 resulted in the discovery of numerous bedrock occurrences of both tungsten and molybdenum.
SUNNY