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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

Post by Oldschool2022on May 21, 2024 12:05am
142 Views
Post# 36049377

Playfair Copper mine showing up to 10% Copper-up 100% Friday

Playfair Copper mine showing up to 10% Copper-up 100% Friday
North @sterdalen
3 Former VMS Mines
Former Mines
Fadalsgruvene opened in 1660, there was sporadic production in 5 periods
ending in 1788. Little is known about this mine. Vingelen gruve discovered in about 1800. About 30 000 t of ore was produced in several periods between c. 1800 and 1920 estimated at 1.3 % Cu. The deposit is not
delimited. Fredrik IV opened in 1707 and operated sporadically until 1908. NGU sampling of the old dumps showed up to 10% Cu with silver values up to 30 gpt and gold values up
to 4.7 gpt.
Significant Mineral Occurrences
Sivilangen discovered in 1917 exploration in 1953, 1974-75 and 1990-91. a non-
43-101 compliant estimate suggested that it contains about 0.4 Mt with 0.69% Cu and
4.31 % Zn. The deposit is open to depth. Vardtjonna a large mineralized zone at least 1.2 km long and 130m wide. There are eight smaller showings in the area, of which five are associated with a major
alteration zone of quartz-sericite schist Nedre Vardtjonbekken a small showing sampled by NGU in 1989. Two analyses of the massive ore yielded 0.5, 1.3% Cu, 1.5,9.1% Zn, 0.1-0.3% Pb, 26, 27 gpt
Ag and 9.6, 11.0 gpt Au.
Flatskarvasen Sampling of the old dumps by NGU showed up to 4.2% Cu with
gold values up to 4.8 gpt.
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