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| | Playfair's Canadian Tungsten Deposits Playfair continues to advance rapidly towards its goal of becoming one of the world's principal developers of new high grade tungsten resources. PLY has 100% controlling interest in four advanced stage Canadian tungsten projects, Risby, Lened, Clea and Grey River with combined 43-101 and historical resources* totalling over 104 Million pounds of contained Tungsten. The current value of tungsten is about US$260 per MTU, which equates to US $26 per Kilogram or US $12 per pound. Each of these high profile targets possesses considerable potential to add more resources with further exploration. In the short term, the company's key priority is to aggressively advance its Grey River tungsten deposit toward production. A minimum 3,000 meter drill program is currently underway with the aim of significant resource expansion. A minimum 7,000 meter drill program is planned at Risby during the summer of 2008. The 43-101 resource at Risby is currently over 65 million pounds of contained tungsten, and the goal of this drill program is to considerably expand the contained resource of the project. In addition to the Grey River and Risby tungsten deposits, Playfair owns two additional high-grade tungsten deposits, in Canada, and together containing over 23 Million pounds of historical resources estimates* that pre-date NI 43-101 but that have been delineated by well-established mining companies. Playfair's property portfolio also includes Granite Lake; an exciting molybdenum exploration project, located in the logistically favourable centre of Newfoundland. Playfair recently completed a seven month drill campaign of about 8,700 metres in 47 diamond drill holes; much of the drilling focused on the priority Moly Hill Zone. Drill results show that Moly Hill Zone is a very compelling large-scale bulk tonnage molybdenum target which warrants extensive additional drilling. (Click here to download the Granite Lake Drill Plan Map PDF) NI 43-101 Compliant Resource Estimate (2007)
Historic Resource Estimates*
* * Estimates of tungsten resources are historical in nature, predate and are noncompliant with NI 43-101. Playfair is not treating the historical estimate as current mineral resources or reserves. Playfair has not undertaken any independent investigation of the resource estimates nor has independently analyzed the results of the previous exploration work in order to verify the resources, and therefore the historical estimates should not be relied upon. However, Playfair believes that these historical estimates provide a conceptual indication of the potential of the occurrences and are relevant to ongoing exploration.
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 Jul 17, 2008: Exploration Update: Grey River Tungsten Deposit Jun 18, 2008: Risby Tungsten Deposit Drilling Underway Jun 12, 2008: Playfair Expands Moly Hill Discovery 
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