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Playfair Mining Ltd V.PLY

Alternate Symbol(s):  PLYFF

Playfair Mining Ltd. is a mineral exploration company based in Canada. The Company’s main business is the acquisition, exploration and development of natural resource properties. The Company has interests in various properties in Grey River Newfoundland, Rostvangen-Kvikne-Vakkerlien Project (RKV Project), Folldal Project and Osterdalen Project. The Grey River property is located adjacent to the fishing village of Grey River (population of approximately 350 people) on the south coast of Newfoundland. The property consists of nine mineral claims (1,750 hectares). The RKV properties cover 201 square kilometers (km2) in a mining area about 100 kilometers (km) south of Trondheim by road. The RKV Project covers three Besshi-type Volcanogenic Massive Sulphide (VMS) copper mines (Rostvangen and Kvikne), a nickel-copper deposit (Vakkerlien) and over 20 additional known mineral occurrences. The Company acquired exploration rights on the approximately 216 km2 North Osterdalen Project.


TSXV:PLY - Post by User

Bullboard Posts
Comment by sunny1018on Feb 01, 2006 8:52pm
248 Views
Post# 10285576

RE: PLY logistics plan

RE: PLY logistics plan The gray river property is situated on an island serviced by a coastal ferry. Arasco planned on putting this tungsten reserve into production in the 1970, but due to lagging prices it was not to be. The people of Grayriver look at this tungsten play has a great opportunity for the community which will bring good employment with good paying jobs. Enviromental concerns were completed back in the 1970 and just need to be brought up to todays standard. Infrastructure for the mine will consist of a wharf where the ore consentrate will be shipped to world markets. Has Wayne put it today he wouldn't be suprised if the Newfoundland goverment built that for them. Playfair is far ahead of finding a new reserve, alot of the leg work as been completed. The company is looking to spend about 17 million to get this mine into production. Not alot for the amount of tungsten in the ground. (Granitelake) Playfair now holds all the land in and around the tungsten/gold property at Granitelake. This play gets bigger by the day, in two months we will be far above the .95 level. SUNNY
Bullboard Posts

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