Playfair Mining Ltd. (CVE:PLY) will be exhibiting in booth #2351/2353 at the 2011 Prospectors and Developers Association in Toronto, ON. March 6-9, 2011.
Playfair Mining has a diverse portfolio of Tungsten deposits and mineral exploration projects providing its shareholders leveraged exposure to the surging global metal markets; notably Copper and Silver, strategic metals Rare Earth Elements and Tungsten. Phase 1 drill testing of the Seal Lake Copper-Silver property, located in central Labrador Canada, is under way. Playfair Minings' extensive Tungsten asset base includes inferred resources of more than 4.7 million MTUs of Tungsten which has recently increased in value by over 50% to an all-time high price of $370 per MTU ($16.88/lb.).
SEAL LAKE COPPER SILVER, LABRADOR
Drilling is underway at Playfair Mining Ltd's 100% owned copper silver Seal Lake project located in central Labrador, Canada.
The extensive Seal Lake property covers a sediment hosted stratiform copper-silver system in the Central Mineral Belt of Labrador. The overall stratigraphy and host rocks at Seal Lake are similar to the rocks hosting the world-famous White Pine copper-silver district in Michigan.
Playfair is a company which is highly leveraged to the price of tungsten. Playfair continues to believe that there is a strong case for an impending global Tungsten shortage. With four high-grade Tungsten deposits Playfair remains well positioned to take advantage of the developing global Tungsten shortage and associated Tungsten price increase. Playfair's tungsten properties contain more than an estimated 5.5 million MTUs of WO3, in both combined 43-101 compliant and non-compliant resource categories.
Visit the company website for more information and recently added Seal Lake related drill program photos and videos.
About Playfair Mining Ltd.:
Playfair Mining Ltd. (CVE:PLY) (PINK:PLYFF) is engaged in the acquisition, exploration and development of natural resource properties. The Company’s properties include Seal Lake, Gregory River, Grey River, Granite Lake, Risby, Lened, Clea, and Red Wine.
Steven Chan Playfair Mining Ltd. Ph.604-687-7178 M. 604-307-0721 email@example.com www.playfairmining.com
Playfair Mining Ltd.
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