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Playfair Signs Drilling Contract for Mount Uniacke

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Playfair Signs Drilling Contract for Mount Uniacke

 

 

 

 

 

Playfair Mining (TSX-V:PLY) announces the signing of drill contract with Lantech Drilling Ltd. and plans for drilling at its Mount Uniacke Project, part of Playfair’s Golden Circle Project in Nova Scotia.

 

Playfair is fully funded for the targeted three-prong drill program totalling 2,950 metres to test for high grade gold at modest depths below the shallow historical surface workings together with testing for bulk tonnage gold near historical large open cuts.

 

 

The last core drilling at Mount Uniacke was completed over 30 years ago, in 1995 when the price of gold averaged US$387 per ounce. Today, with the price of gold consistently above US$4,000 for the last 6 months it is time for a new examination of this past gold producing property. A review of the Mount Uniacke project can be found here.

 

Details of the drill program can be found here in Playfair’s News Release dated November 10, 2025.

 

Playfair’s CEO Don Moore said “Playfair is excited by the opportunities available in Nova Scotia’s New Gold Era. We are looking forward to drilling at Mount Uniacke – the first core drilling on this property in over 30 years. Be ready!”

 

The drill program is fully funded, agreements with landowners are in place and is expected to start around June 15, 2026. The program will be supervised by Greg Davison P.Geo, and Perry MacKinnon P.Geo both qualified persons as defined by National Instrument 43-101.

 

“Founded in 1990, New Brunswick based Lantech Drilling Ltd is a well-established name in the drilling industry. They offer specialized services to mining and mineral exploration companies and Geo-Environmental drilling services.  Their rubber track mounted drill rigs and service vehicles allow them to access the most environmentally fragile sites with little to no environmental footprint on the ground.”

 

The detailed exploration plan for the Golden Circle Project is available on Playfair’s website at the following link Exploration Plan.

 

The technical contents of this release were reviewed and approved by Greg Davison, PGeo, a qualified person as defined by National Instrument 43-101.

 

Posted May 28, 2026

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