Playfair Mining has acquired additional mineral licenses to increase its land package by 30 km 2 to almost 330 km 2 at the RKV property in Norway.
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NEWS RELEASE
230-470 Granville St. Tel: 604 687-7178 PLY: TSX-V
Vancouver, B.C. Fax: 604 687-7179
Canada V6C 1V5 Toll Free: 888-244-6644 October 21, 2019
NR-2019-07
Playfair advances RKV Cu-Co-Ni Targets
Playfair Mining has acquired additional mineral licenses to increase its land package by 30 km 2 to almost 330 km 2 at the
RKV property in Norway.
A preliminary review of the recently completed Mobile Metal Ion (MMI) survey has focused exploration. Follow -up field
work, including additional grid and detailed MMI sampling, has begun to further define current drill targets in anticipation
of a winter drill program. Playfair has applied for drill permits.
A total of 1050 samples were collected in 24 grids selected by the CARDS datamining and pattern recognition process. Each
sample was analyzed for 53 elements. All analytical results have been received. A full interpretation of the MMI survey is in
progress and will be reported upon completion.
The Rostvangen -Kvikne-Vakkerlien Project (R KV Project) covers 2 past -producing Besshi -type Volcanogenic Massive
Sulphide (VMS) copper mines (Rostvangen and Kvikne), a nickel-copper deposit (Vakkerlien) and over 20 additional known
mineral occurrences. Playfair has signed an Option and Exploration Agreement with EMX Royalty Corporation (EMX-TSX.V)
to acquire a 100% interest in EMX’s contiguous Rostvangen and Vakkerlien properties in South Central Norway. Together
the properties cover almost 330 km2 in a historic mining area about 100 km south of Trondheim by road.
MMI geochemistry is a proven advanced geochemical exploration technique known to find mineral deposits. SGS Canada
Inc. (“SGS”) is the sole provider of MMI technology. SGS’s MMI technology is especially well suited to detect buried mineral
deposits. At the RKV Project, it measured the mobile metal ions that have been released from any underlying mineralization.
These ions travel upward through the soil profile composed of unconsolidated materials such soil, till, sand, etc. Using
careful soil sampling strategies, sophisticated chemical ligands and ultra -sensitive instrumentation, SGS can measure the
concentration of these ions. The main benefits of an MMI survey are the generation of very few false anomalies. Any
anomalies that are identified are sharp and focused directly over their source. The survey has excellent repeatability and
low detection limits.
The technical contents of this release were approved by Greg Davison, PGeo, a qualified person as defined by National
Instrument 43-101.
ON BEHALF OF THE BOARD
“D. Neil Briggs”
D. Neil Briggs, Director
Forward-Looking Statements: This Playfair Mining Ltd News Release may contain certain "forward-looking" statements and information relating to Playfair
which are based on the beliefs of Playfair management, as well as assumptions made by and information currently available to Playfair management. Such
statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, exploration and development
risks, expenditure and financing requirements, title matters, operating hazards, metal prices, political and economic factors, competitive factors, general
economic conditions, relationships with vendors and strategic partners, governmental r egulation and supervision, seasonality, technological change,
industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize or change, or should any underlying assumptions
prove incorrect, actual results and forward-looking statements may vary materially from those described herein.