|July 18, 2006|
Playfair Gets Adit
|Playfair Mining is pleased to announce that a visual inspection of the underground adit on its 100% owned Grey River tungsten property has been successfully completed. The entire 1.6 kilometre length of the adit was observed to be dry, sound and in excellent condition. |
This adit was driven along the Main #10 Vein, starting near the Village of Grey River, Newfoundland at approximately 40 meters above sea level. Asarco began construction of the adit in 1966 and worked continuously for three years until completion on August 20th 1969. Asarco then took a 275-ton bulk sample from the vein exposed in the adit. The bulk sample gave an average grade of 0.97% WO3.
The discovery that this adit is in such good condition and safely accessible is very significant as it will allow Playfair to implement its underground program in a timely and cost effective manner. Playfair's underground program is designed to discover additional high-grade tungsten resources by testing the down dip extension of the Main #10 Vein. The accessibility of the adit will save Playfair considerable construction time and significantly reduce the capital costs of the underground program.
Management is pleased with this development, as it will accelerate Playfair's goal of advancing the Grey River Tungsten deposit toward production.
Playfair Mining has retained Jacques Whitford Ltd., St. John's Newfoundland office to begin the permitting process necessary for its planned underground drilling program. Jacques Whitford Ltd. is an environmental and engineering firm with offices throughout North America. For more information please visit their website at www.jacqueswhitford.com .
Mr. James Harris, P.Geo is the qualified person who has reviewed the technical information contained in this news release on behalf of Playfair.
Visit our website at www.playfairmining.com for more information.
ON BEHALF OF THE BOARD
D. Neil Briggs
D. Neil Briggs
President and Director
No Stock Exchange Has Approved or Disapproved The Information Contained Herein