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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 imerc23on Jun 29, 2012 11:29pm
307 Views
Post# 20071336

RE: Grading

RE: Grading

Hi Newfer, I don't have any background in mining or metallurgy, so I'm dependant on what's written in the recent PEA.  Take a look at section 13, on pages 42 & 43, where there's helpful information.  I think PLY's plan is run a low-cost micro-operation at Grey River, where they will extract a narrow band of rich ore from the #10 vein, and then process that ore into a commercially valuable WO3 concentrate by using cheap gravity-separation methods.  The PEA seems to say the concept is attractive but that there's not been enough metallurgical testing to determine whether PLY's plans will be successful in an actual production scenario.

Bullboard Posts