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Playfair Mining Ltd. (CVE:PLY) announce that Rare Earth Metals (CVE:RA) has completed preliminary sampling of the 2010 airborne geophysical anomalies on the Playfair South claim block.
Playfair Mining Ltd. (TSXV:PLY) announce that Rare Earth Metals (TSXV:RA) has completed preliminary sampling of the 2010 airborne geophysical anomalies on the Playfair South claim block.
The press release is quoted as saying:
Rare Earth Metals can earn a 51 percent interest in Playfair’s 313 claim unit property as described in Playfair’s February 17th, 2010 news release. Playfair Mining’s assets include the Seal Lake copper-silver camp, where the company is targeting sizable Kupferschiefer-style Cu-Ag mineralization. Playfair also owns four advanced stage tungsten deposits in Canada. While the Seal Lake copper-silver project is the company’s current exploration focus, the tungsten and the rare earth assets give the company unique exposure to a portfolio of strategic mineral exploration properties poised to benefit from supply and demand imbalances being created by China.
Click here to access the entire press release