Announcement • Apr 14
Playfair Mining Ltd., Annual General Meeting, Jun 19, 2026 Playfair Mining Ltd., Annual General Meeting, Jun 19, 2026. Location: british columbia, vancouver Canada Announcement • Mar 24
Playfair Mining Ltd. announced that it has received CAD 2.48326 million in funding On March 23, 2026, Playfair Mining Ltd. closed the transaction. The company issued 5,470,000 units at a price of CAD 0.06 for gross proceeds of CAD 328,200 in its second tranche. The company issued a total of 41,387,667 units at a price of CAD 0.06 per unit for gross proceeds of CAD 2,483,260.02. A unit consists of one common share and one common share purchase warrant exercisable at a price of CAD 0.15 per share for a period of two years from date of issuance. The private placement financing was offered under the listed issuer financing exemption has no hold period. Insiders purchased a total of 3,970,000 units under the same terms and conditions of all subscribers. The offering had been unanimously approved by the company’s board of directors. The company paid finder fee's of CAD 2,016 cash and 33,600 broker warrants to Ventum Financial Corp., CAD 26,169.60 cash and 436,160 broker warrants to Research Capital Corporation, CAD 45,600 cash and 760,000 broker warrants to Canaccord Genuity Corp. The finder warrants are subject to a four-month hold period and expire two years from date of issuance. New Risk • Mar 22
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 76% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (28% average weekly change). Earnings have declined by 7.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (76% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.57m market cap, or US$3.33m). Announcement • Jan 29
Playfair Mining Ltd. announced that it expects to receive CAD 1.8 million in funding Playfair Mining Ltd. announced a non-brokered private placement of up to 30,000,000 units at a price of CAD 0.06 per unit for gross proceeds of approximately CAD 1,800,000 on January 28, 2026. Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one common share at a price of CAD 0.15 at any time on or before that date that is 24 months after the closing date of the offering. Closing of the offering remains subject to the approval of the TSX Venture Exchange and completion of the share consolidation. Board Change • Oct 10
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. Independent Director Greg Davison was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Mar 06
Playfair Mining Ltd. announced that it has received CAD 0.275 million in funding On March 5, 2025, the company has closed the transaction. The placement was oversubscribed, and the Company has issued 11,000,000 common shares at CAD 0.025 per share for gross proceeds of CAD 275,000. All securities issued are subject to a hold period expiring four months and one day from the date of issuance. No finder’s fees were paid in connection with the financing. Announcement • Feb 04
Playfair Mining Ltd. announced that it expects to receive CAD 0.25 million in funding Playfair Mining Ltd. announced a non-brokered private placement that it will issue up to 10,000,000 common shares of the Company at a price of CAD 0.025 per share for the gross proceeds of up to CAD 250,000 on February 3, 2025. No finders’ fees are payable in connection with the Offering. The Offering is subject to certain conditions including, but not limited to, receipt of all necessary approvals including the approval of the TSX Venture Exchange. The Offering is expected to close on or before March 14, 2025. All Shares issued pursuant to the Offering will be subject to a hold period expiring 4 months and 1 day following issuance. New Risk • Jan 15
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$164k free cash flow). Share price has been highly volatile over the past 3 months (54% average weekly change). Negative equity (-CA$85k). Earnings have declined by 30% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$1.96m market cap, or US$1.36m). Minor Risk Shareholders have been diluted in the past year (2.2% increase in shares outstanding). New Risk • Jun 30
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$191k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$191k free cash flow). Share price has been highly volatile over the past 3 months (69% average weekly change). Negative equity (-CA$136k). Earnings have declined by 8.3% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$1.93m market cap, or US$1.41m). Announcement • May 15
Playfair Mining Ltd., Annual General Meeting, Jul 18, 2024 Playfair Mining Ltd., Annual General Meeting, Jul 18, 2024. Location: british columbia, vancouver Canada New Risk • Mar 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (CA$3.20m market cap, or US$2.37m). Minor Risk Shareholders have been diluted in the past year (8.9% increase in shares outstanding). Announcement • Jan 25
Playfair Expands VMS Exploration in South Central Norway Playfair has applied for Mineral Rights and have confirmation of first priority to explore the approximately 216 square kilometer North Østerdalen Project. These rights are issued directly from the Norwegian government by application to the Directorate of Mining. There are no underlying property deals or royalties. The North Østerdalen Project covers almost 50 kilometers of strike of the Hersjø Formation beginning about 20 kilometers East from the Western boundary of Playfair's Folldal project and near to Playfair's RKV Project. It includes three former copper/zinc mines and numerous sulphide occurrences some of which have returned significant gold assays. The Sivilvangen deposit was extensively drilled in 1990-1991. The last recorded systematic regional exploration over the property occurred during the early 1980`s. In total the RKV, Folldal and North Østerdalen projects contain 11 former copper/zinc mines, 2 drilled off deposits, several highly prospective showings, and many little-explored mineral occurrences. Playfair's Phase 1 exploration at RKV has developed and tested MMI copper anomalies in 7 areas by drilling 30 shallow holes. Final analytical results have just been received from ALS Minerals, an internationally recognized global leader in providing geochemical sample preparation, analytical procedures, and data management solutions. A total of 297 samples, including 15 blanks,14 standards and 14 duplicates from the 2022 drilling were cut and sent for analysis. All 254 core samples contained significant sulphide mineralization. Anomalous values of copper, cobalt, lead, zinc, gold, and silver were encountered over short core lengths. No significant ore grade values were encountered. Playfair believes that the consistent, repeatable high MMI copper values in soil were formed by the accumulation of acid leached copper ions in topographic low areas. The source of the copper appears to be in topographic high areas local to the MMI copper anomalies. Playfair's Phase 2 exploration at RKV will focus on deeper exploration, in particular the down plunge extension of known, partially mined deposits such as Røstvangen and Kvikne. The RKV property has been reduced to reflect this focus. Board Change • Jan 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. Independent Director Greg Davison was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Sep 15
Playfair Mining Ltd. Announces Nineteen Drill Holes Completed at Playfair's RKV Project in Norway Playfair has completed its 2022 drilling at its 100% owned RKV Copper project in south central Norway. Five target areas were tested: two at Røstvangen, two at Kletten and one at Sæterfjellet. At Røstvangen 11 holes totaling 544.5m were drilled, six holes totaling 379.5m were drilled at Kletten and two holes totaling 183m at Sæterfjellet. Drill core logging, cutting, and sampling of all holes has been completed. Sulphides were intersected in all target areas. A total of 297 samples, including 15 blanks,14 standards and 14 duplicates are being shipped for analysis. In 2021 initial drilling was carried out at the Rødalen and Storboren targets, together with this year's drilling seven targets have been tested. Further work will be planned following receipt of assay results. Playfair used a drilling machine which can be disassembled for moving between drillholes. Although lightweight, the drill is capable of drilling to 150m depth using BQ sized rods (36.5 mm or 1.437 inches core diameter) and to 100m depth using NQ sized rods (47.8mm or 1.872 inches core diameter). The man-portable drill team was supervised by Canadian drillers, No Limit Diamond Drilling. Local "Muskelgutta" (Muscle Guys) again rose to the challenge of moving the man-portable drill when required. Local community support continues to be greatly appreciated. Promin AS, a Trondheim-based consultancy with extensive experience in the Norwegian Mining industry, provides logistical support and experienced geologists. Overall management and execution of Playfair's RKV drilling program is provided by Ronacher McKenzie Geoscience Inc., an independent consulting group, who, as part of their supervision, will ensure that appropriate quality assurance/quality control (QA/QC) protocols are in place. RMG follows the Canadian Institute of Mining, Metallurgy and Petroleum's (CIM) Best Practices. Announcement • Aug 13
Playfair Mining Ltd. Announces Drilling Update At Playfair's RKV Project in Norway Playfair is now drilling the Sæterfjellet MMI target having competed initial drilling at the Røstvangen and Kletten MMI targets. At Røstvangen a total of 544m were drilled in 11 holes while six holes totalling 439m were drilled at Kletten. Drill core logging, cutting, and sampling has been completed at Røstvangen. A total of 88 samples, including blanks, standards and duplicates are being shipped for analysis. Drill core from Kletten has now been moved from the field to facility in Tynset where core logging is in progress. Playfair has made Drill Notifications covering its 2022 drill program at RKV for 33 initial drillholes and up to 107 additional holes for a total of 140 holes dependent on results. All notifications and necessary permits are in place. In 2021 initial drilling was carried out at the Rødalen and Storboren targets, further drilling at Storboren is planned in 2022 following completion of drilling at the Sæterfjellet target. Playfair is using a drilling machine which can be disassembled for moving between drillholes. Although lightweight, the drill is capable of drilling to 150m depth using BQ sized rods (36.5 mm or 1.437 inches core diameter) and to 100m depth using NQ sized rods (47.8mm or 1.872 inches core diameter). Promin AS, a Trondheim-based consultancy with extensive experience in the Norwegian Mining industry,provides logistical support and experienced geologists. Announcement • Jul 02
Playfair Mining Ltd. announced that it has received CAD 0.8025 million in funding On June 30, 2022 the company is pleased to announce that it has closed the non-brokered private placement. The Company has issued 10,700,000 common shares at CAD0.075 per share for gross proceeds of CAD802,500. All securities issued are subject to a hold period expiring four months and one day from the date of issuance. Announcement • Jun 28
Drilling Underway At Playfair Mining Ltd.'S Rkv Project in Norway Playfair Mining Ltd. has started drilling at the Røstvangen SW MMI target following receipt of an off-road driving permit. This is the first of five targets to be drill-tested this summer. Drill Notifications have been made and approved for 33 initial drillholes and up to 107 additional holes for a total of 140 holes dependent on results. Access to this area is by ATV, which is also used to move from hole to hole. Playfair is using a drilling machine which can be disassembled for moving between drillholes. Although lightweight, the drill is capable of drilling to 150m depth using BQ sized rods (36.5 mm or 1.437 inches core diameter) and to 100m depth using NQ sized rods (47.8mm or 1.872 inches core diameter). Røstvangen Mine was discovered in 1905 and worked from 1908 to 1921 when it was abruptly closed due to falling copper prices in a worldwide economic crisis. A total of 388,070 tonnes grading 2.65% copper is reported to have been mined. Playfair has discovered two significant targets only 800 metres east of the former Røstvangen Mine and at the same stratigraphic level. There is no record of drilling in the area of these targets. The man-portable drill team is supervised by Canadian drillers, No Limit Diamond Drilling. Local "Muskelgutta" (Muscle Guys) will again rise to the challenge of moving the man-portable drill when required. Local community support continues to be greatly appreciated. Promin AS, a Trondheim-based consultancy with extensive experience in the Norwegian Mining industry, provides logistical support and experienced geologists. Helge Rushfeldt again assisted in the start-up of the drill program. Kjell Nilsen, one of Norway's most experienced field geologists who discovered Nussir, Norway's large known copper deposit, and Jonas Dombrowski will directly supervise the drilling, core logging and analysis. In Norway through Playfair's wholly owned subsidiary, Playfair Mining Norway AS, operations have been streamlined. In the past 12 months, relationships have been developed with suppliers and labourers within the local community and throughout Norway as a whole. Reidar Gaupås and Norvall Thormodsæter Directors of Playfair Norway, along with CEO Donald Moore, continually reach out to all levels of government in Norway to promote awareness of Playfair's exploration plans currently and into the future. Overall management and execution of Playfair's RKV drilling program is provided by Ronacher McKenzie Geoscience Inc., an independent consulting group, who, as part of their supervision, will ensure that appropriate quality assurance/quality control (QA/QC) protocols are in place. RMG follows the Canadian Institute of Mining, Metallurgy and Petroleum's (CIM) Best Practices. Announcement • Jun 11
Playfair Mining Ltd. Prepares Summer Drilling at Rkv Project, Norway Playfair Mining Ltd. announced that its drill and drillers are currently at the staging point near the former Røstvangen Mine where Playfair's Summer drill program on its 100% owned RKV Project in Norway will begin shortly. Playfair has notified and received approval from the Norwegian Directorate of Mines of plans to drill up to 140 drillholes to test 6 targets in 4 separate areas. Playfair is planning, where possible, to use existing trails to access the target areas. One of the four areas is more challenging to access; therefore, a helicopter permit was obtained to move the drill in and out of the area. Once the drill is moved or flown to a target area the man-portable drill will be carried between drillholes. It is expected that use of a helicopter will be limited and used only at one target site. Initially 33 drillholes are planned. Additional drillholes will be results driven. Playfair is using a drilling machine which can be disassembled for moving between drillholes. Although lightweight, the drill is capable of drilling to 150m depth using BQ sized rods (36.5 mm or 1.437 inches core diameter) and to 100m depth using NQ sized rods (47.8mm or 1.872 inches core diameter. The man-portable drill team is supervised by Canadian drillers, No Limit Diamond Drilling. Local "Muskelgutta" (Muscle Guys) will again rise to the challenge of moving the man-portable drill. Local community support is greatly appreciated. Promin AS, a Trondheim-based consultancy with extensive experience in the Norwegian Mining industry, provides logistical support and experienced geologists. Helge Rushfeldt will again assist in the start-up of the drill program. Kjell Nilsen, one of Norway's most experienced field geologists who discovered Nussir, Norway's larger known copper deposit, and Jonas Dombrowski will directly supervise the drilling, core logging and analysis. In Norway through Playfair's wholly owned subsidiary, Playfair Mining Norway AS, operations have been streamlined. In the past 12 months, relationships have been developed with suppliers and labourers within the local community and throughout Norway as a whole. Reidar Gaupås and Norvall Thormodsæter, Directors of Playfair Norway, along with CEO Donald Moore, continually reach out to all levels of government in Norway to promote awareness of Playfair's exploration plans currently and into the future. Overall management and execution of Playfair's RKV drilling program is provided by Ronacher McKenzie Geoscience Inc., an independent consulting group, who, as part of their supervision, will ensure that appropriate quality assurance/quality control (QA/QC) protocols are in place. Announcement • May 19
Playfair Mining Ltd. announced that it expects to receive CAD 1.05 million in funding Playfair Mining Ltd. announced a non-brokered private placement of up to 14,000,000 common shares at a price of CAD 0.075 per share for gross proceeds of up to CAD 1,050,000 on May 18, 2022. The transaction is subject to acceptance by the TSX Venture Exchange. All securities issued in the transaction will be subject to resale restrictions under applicable securities legislation and the rules of the TSX Venture Exchange. Recent Insider Transactions • Jun 11
Insider recently bought CA$77k worth of stock On the 9th of June, Alan Brimacombe bought around 405k shares on-market at roughly CA$0.19 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$439k more in shares than they have sold in the last 12 months. Announcement • May 18
Playfair Mining Ltd. announced that it has received CAD 1.636001 million in funding On May 17, 2021, Playfair Mining Ltd. (TSXV:PLY) closed the transaction. The company issued 10,906,670 common shares for gross proceeds of CAD 1,636,000.5. The company paid finder's fees of CAD 3,447.50. All securities issued are subject to a hold period expiring four months and one day from the date of issuance. Announcement • Apr 30
Playfair Mining Ltd. announced that it expects to receive CAD 1.5 million in funding Playfair Mining Ltd. (TSXV:PLY) announced a non-brokered private placement of up to 10,000,000 common shares at a price of CAD 0.15 per share for gross proceeds of up to CAD 1,500,000 on April 28, 2021. The transaction is subject to acceptance by the TSX Venture Exchange. All securities issued in the transaction will be subject to resale restrictions under applicable securities legislation and the rules of the TSX Venture Exchange. Announcement • Mar 13
Playfair Mining Ltd. Discovers New Copper Targets Near Former Rostvangen Mine, Norway Playfair Mining Ltd. announced that it has Continuing exploration on its 100% owned RKV Project has discovered a significant drill target less than 350 metres east of the former Rødalen Mine. Six other drill targets, also shown on the property map, have been previously described, Storboren, Sæterfjellet, Kletten North and Kletten South, Røstvangen Northeast and Røstvangen Southwest. At Rødalen, in the southern part of the RKV Project, Playfair has discovered a coherent MMI Cu anomaly, as shown on the detailed map. The anomaly is open to the north and contains 7 values of MMI Cu greater than 50 times background in an area 300 meters long by up to 100 meters wide. There is no record of any previous exploration work in the immediate area. NGU further reports that samples taken from the dump by NGU geologists contained up to 1.81% copper and 0.96 gpt gold. Playfair used an extensive digital database maintained by NGU as the basis for the initial evaluation of the area. To prioritize areas of the Property for further exploration, Playfair contracted Windfall Geotek to carry out its proprietary CARDS platform on the entire RKV Project. The targets generated by CARDS covered less than 1% of the RKV Project area. Playfair used an extensive digital database maintained by NGU as the basis for the initial evaluation of the area. To prioritize areas of the Property for further exploration, Playfair contracted Windfall Geotek to carry out its proprietary CARDS (Computer Aided Resources Detection System) platform on the entire RKV Project. The targets generated by CARDS covered less than 1% of the RKV Project area. Twenty-six of the CARDS targets were then evaluated by MMI (Mobile Metal Ion) soil geochemistry, a proven advanced geochemical exploration technique known to indicate blind mineralization. A total of 1,926 samples, including field duplicates, were taken in four phases of MMI fieldwork. Seventeen of the twenty-six CARDS targets evaluated yielded MMI values greater than 50 times background in one or more of copper, cobalt, or nickel. Work to date has allowed Playfair to reduce the exploration area to 201 square kilometers with a primary focus on the eight Target Areas shown on the RKV Project map. Seven drill targets have been defined to date. Playfair is continuing to interpret and compile its recent survey results. Proposed drill hole layouts on several promising targets are being finalized in parallel with logistics planning and permitting. A property-wide target assessment of the multi-phase MMI surveys and drone magnetic maps will be provided in due course. The technical contents of this release were approved by Greg Davison, PGeo, a qualified person as defined by National Instrument 43-101. Announcement • Feb 18
Playfair Mining Ltd. Discovers New Copper Targets Near Former Rostvangen Mine, Norway Playfair Mining Ltd. has identified eight Target Areas under consideration for 2021 drilling programs. Continuing exploration has discovered two significant targets only 800 metres east of the former Røstvangen Mine. Four targets have been previously described, Storboren, Sæterfjellet, Kletten North and Kletten South. Røstvangen Mine was discovered in 1905 and worked from 1908 to 1921 when it was abruptly closed due to falling copper prices in a worldwide economic crisis. A total of 388,070 tonnes grading 2.65% copper is reported to have been mined. The ore is described as mostly pyrite with lesser pyrrhotite and chalcopyrite. In addition, local concentrations of massive magnetite and of high-grade chalcopyrite- pyrrhotite are reported. The mineralization is described as a series of elongate lenses localised at greenstone contacts and plunging to the SSE at 25°. The lenses occur along the limbs of a synform and the long axes of the lenses are parallel to regional fold axes. Lower grade "processing ore" occurs at the
nose of the synform. Playfair's Drone magnetic survey shows broad moderate to high magnetic anomalies in some, but not all, areas mapped as greenstone. At Røstvangen Mine the magnetic anomaly is about 200 metres wide at the surface exposure of the mineralization and extends 700 metres to the SSE along the plunge direction. There are local high magnetic responses near the surface workings. Playfair carried out a MMI geochemical survey in an area centered 800 metres East of Røstvangen Mine and discovered two high copper anomalies, Røstvangen Southwest (8 MMI Cu values over 50 times background) and Røstvangen Northeast (5 MMI Cu values over 50 times background). The high copper responses are located in greenstone on opposite limbs of an antiform plunging southward and likely at the same stratigraphic horizon as mineralization at the Røstvangen Mine. They are also at the northern end of a moderate high magnetic anomaly which is 85 to 100 metres wide and extends 700 metres to the south along the fold axis. Only the northern part of the magnetic anomaly was covered by MMI. there is no record of any previous exploration work in the immediate area. Playfair used an extensive digital database maintained by NGU as the basis for the initial evaluation of the area. To prioritize areas of the Property for further exploration, Playfair contracted Windfall Geotek to carry out its proprietary CARDS (Computer Aided Resources Detection System) platform on the entire RKV Project. The targets generated by CARDS covered less than 1% of the RKV Project area. Twenty-six of the CARDS targets were then evaluated by MMI (Mobile Metal Ion) soil geochemistry, a proven advanced geochemical exploration technique known to indicate blind mineralization. A total of 1,926 samples, including field duplicates, were taken in four phases of MMI fieldwork. Seventeen of the twenty-six CARDS targets evaluated yielded MMI values greater than 50 times background in one or more of copper, cobalt, or nickel. Work to date has allowed Playfair to reduce the exploration area to 201 square kilometers with a primary focus on the eight Target Areas shown on the RKV Project map.
Playfair is continuing to interpret and compile its recent survey results with the goal of developing additional drill targets. A property-wide target assessment of the multi-phase MMI surveys and drone magnetic maps will be provided in due course. The technical contents of this release were approved by Greg Davison, PGeo, a qualified person as defined by National Instrument 43-101. Announcement • Jan 29
Playfair Mining Ltd. Defines Kletten North and South Targets at RKV Project, Norway Playfair Mining Ltd. using modern technology to explore its 100% owned RKV Project in a large historic mining area in south-central Norway, has identified eight Target Areas under consideration for 2021 drilling programs. The first two targets identified, Storboren and the second, Sæterfjellet, were reported by Playfair. In the central part of the RKV Project, Playfair has discovered two significant MMI Cu anomalies at Kletten, as shown on the detailed map. The Kletten North anomaly is open to the northeast, along the general strike of the principal geological units, and contains 4 values of MMI Cu greater than 50 times background in an area 125 metres long by 50 metres wide. The widest part of the anomaly is on the most northeasterly line and the anomaly limit has not yet been defined. Approximately 300 metres to the south, along the regional strike, lies the Kletten South target, defined by 9 MMI Cu values greater than 50 times background. This sinuous anomaly occurs in an area of about 200 metres by 100 metres. Kletten North and South correlate regionally with the significant copper occurrences at Børsjøhø located about 12 km to the southwest. As at Sæterfjellet, there is no record of any previous exploration work in the immediate area of the MMI Cu anomalies. A detailed drone aeromagnetic survey was completed over the Kletten target area. The Kletten North and South target areas are located peripheral to and separated by a discontinuous series of north- easterly-trending, weak to moderate magnetic highs as illustrated on the detailed map. The MMI Cu target areas at Kletten clearly do not have a high magnetic signature. Of note, the known sulphide mineralization in the historic copper mines of Kvikne and Røstvangen, both located on strike-parallel, high similarity CARDS trends, are associated principally with pyrite which is non-magnetic. Work to date has allowed Playfair to reduce the exploration area to 201 square kilometers with a primary focus on the eight Target Areas shown on the RKV Project map. Playfair is continuing to interpret and compile its recent survey results with the goal of developing additional drill targets. A property-wide target assessment of the multi-phase MMI surveys and drone magnetic maps will be provided in due course. The technical contents of this release were approved by Greg Davison, PGeo, a qualified person as defined by National Instrument 43-101. Announcement • Jan 08
Playfair Mining Ltd. Focuses on 8 Target Areas at RKV Project, Norway Playfair Mining Ltd. announced that using modern technology to explore its 100% owned RKV Project in a large historic mining area in south-central Norway, has identified eight Target Areas considered as potential drill targets. The first target identified, Storboren, has been reported by Playfair and one of the newest targets, Sæterfjellet. At Sæterfjellet, in the northern part of the RKV Project, Playfair has discovered a coherent MMI Cu anomaly as shown on the detailed map. The anomaly is open to the southeast and contains 7 values o MMI Cu greater than 50 times background in an area 125 metres long by 50 metres wide. The widest and strongest part of the anomaly is on the most southeasterly line and the anomaly limit has not yet been defined. Sæterfjellet is broadly on strike and less than 4 km north of the historic copper mines at Kvikne. Of particular note, there is no record of any previous exploration work in the immediate area. Detailed drone aeromagnetic surveys were recently carried out over six Target Areas. Five areas were completed though the sixth, Børsjøhø, was flown only partially after the unmanned octocopter crashed due to a gap in the digital terrain model. All results have been received and are currently under interpretation. Work to date has allowed Playfair to reduce the exploration area to 201 square kilometers with a primary focus on the eight Target Areas shown on the RKV Project map. The Norwegian Geological Survey (NGU) "Ore Database" documented 29 "Deposit Areas" on the RKV Project with historic production from four Deposit Areas, including two historic copper mines, Kvikne and Røstvangen. A drilled nickel-copper deposit, Vakkerlien, also occurs on the Property. Playfair used an extensive digital database maintained by NGU as the basis for the initial evaluation of the area. To prioritize areas of the Property for further exploration, Playfair contracted Windfall Geotek to carry out its proprietary CARDS (Computer Aided Resources Detection System) platform on the entire RKV Project. The targets generated by CARDS covered less than 1% of the RKV Project area evaluated. Twenty-six of the CARDS targets were then evaluated by MMI (Mobile Metal Ion) soil geochemistry, a proven advanced geochemical exploration technique known to find mineral deposits. A total of 1,926 samples, including field duplicates, were taken in four phases of MMI fieldwork. Seventeen of the twenty- six CARDS targets evaluated yielded MMI values greater than 50 times background in one or more of copper, cobalt, or nickel. Playfair is continuing to interpret and compile its recent survey results with the goal of developing additional drill targets. A property-wide target assessment of the multi-phase MMI surveys and drone magnetic maps will be provided in due course. Announcement • Oct 17
Playfair Mining Ltd. Completes Second Round of the Cards Artificial Intelligence Process in Historic Mining District in Norway Playfair Mining Ltd. completed a second round of the CARDS Artificial Intelligence (AI) process in a historic mining district in Norway. Windfall Geotek Inc. under contract to Playfair, carried out the evaluation on 44 square kilometers acquired by Playfair after completion of the first AI evaluation. Playfair's RKV project now comprises contiguous claims covering 344 square kilometers. The new CARDS evaluation yielded two anomalies about five km SSW of Storboren and along strike. There are several mineral showings adjacent to the strongest new anomaly, T-1. NGU reports that samples taken from the dump by NGU geologists contained up to 1.81% copper and 0.92 gpt gold. Playfair has already carried out preliminary MMI sampling over part of the T-1 anomaly in September 2020. Results are pending. Windfall Geotek's proprietary CARDS (Computer Aided Resources Detection System) platform uses datamining and pattern recognition to identify targets with a high statistical probability of similarity to known occurrences of economic minerals on the RKV Project. Twenty-four of the targets identified by CARDS then were evaluated by MMI (Mobile Metal Ion) soil geochemistry, a proven advanced geochemical exploration technique known to find mineral deposits. SGS Canada Inc. ("SGS") is the sole provider of MMI technology. Fifteen of the twenty-four targets yielded MMI values more than 50 times background in one or more of copper, cobalt, or nickel. At one target, Storboren, a high value of 48,400ppb MMI Cu was reported which according to SGS is "one of the highest recorded values of MMI Cu in a soil". Follow-up MMI sampling showed the Storboren Copper Anomaly is at least 200m long and 75m wide. It is open to the NW and SE where no MMI samples have been taken. MMI Cu values as high as 53,300ppb were found in the follow-up sampling. Announcement • Aug 06
Playfair Mining Ltd. (TSXV:PLY) acquired additional mineral rights at RKV Cu-Co-Ni Project. Playfair Mining Ltd. (TSXV:PLY) acquired additional mineral rights at RKV Cu-Co-Ni Project on August 5, 2020. Playfair now holds 100%.
Playfair Mining Ltd. (TSXV:PLY) completed the acquisition of additional mineral rights at RKV Cu-Co-Ni Project on August 5, 2020. Announcement • Jun 30
Playfair Mining Ltd. announced that it has received CAD 0.6 million in funding On June 29, 2020, Playfair Mining Ltd. (TSXV:PLY) closed the transaction. 
