The Prospector News

Playfair advances RKV Cu-Co-Ni Targets

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Playfair advances RKV Cu-Co-Ni Targets

 

 

 

 

 

Playfair Mining (TSX-V:PLY) has acquired additional mineral licenses to increase its land package by 30 km2 to almost 330 km2 at the RKV property in Norway.

 

A preliminary review of the recently completed Mobile Metal Ion 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 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. 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.

 

Posted October 22, 2019

Share this news article

MORE or "UNCATEGORIZED"


Skeena Resources Closes C$34.5 Million Bought Deal Offering of Common Shares

Skeena Resources Limited (TSX: SKE) (NYSE: SKE) announced the clo... READ MORE

September 23, 2022

Glencore to Acquire Newmont’s 18.75% Shareholding in the Mara Project

Today Glencore International AG announced, and has made Yamana Go... READ MORE

September 23, 2022

Rusoro Announces Closing of $1,250,000 Private Placement

Rusoro Mining Ltd. (TSX-V: RML) is pleased to announce that on Se... READ MORE

September 23, 2022

Revival Gold Intersects 10.1 g/t Gold Over 11.4 Meters Within 3.5 g/t Gold Over 115.4 Meters at Beartrack-Arnett

Revival Gold Inc. (TSX-V: RVG) (OTCQX: RVLGF) is pleased to annou... READ MORE

September 23, 2022

Avalon and LG Energy Solution Sign Memorandum of Understanding to Accelerate Ontario's Lithium Battery Materials Supply Chain

Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) is plea... READ MORE

September 23, 2022

We acknowledge the [financial] support of the Government of Canada.

Government of Canada Supported
Copyright 2022 The Prospector News