Playfair Mining encouraged by initial exploration results at Norwegian copper project

RKV project in Norway. (Image courtesy of Playfair Mining).

Playfair Mining (TSXV: PLY) announced the discovery of eight potential drill targets at the previously unexplored RKV project in Norway. 

In a press release, the Vancouver-based company said that at Sæterfjellet, one of the recently identified targets in the northern part of RKV, a coherent MMI Cu anomaly was detected.

According to the miner, the anomaly is open to the southeast and contains seven values of MMI Cu greater than 50 times background in an area 125 metres long by 50 metres wide.

A coherent MMI Cu anomaly was detected at the Sæterfjellet target

The target itself, on the other hand, is broadly on strike and less than 4 kilometres north of historic copper mines at Kvikne. 

“Discovery of another high priority drill target in a previously unexplored area along the geological trend from a past-producing mine further validates our approach to exploration on the RKV project,” Don Moore, Playfair’s CEO, said in the media brief. “We are confident that further work on the six remaining target areas, now augmented with the recently completed drone aeromagnetic surveys, will generate additional drill targets. Permitting work is ongoing and will be expanded, as warranted, to include new drill targets.”

RKV is located in south-central Norway and hosts two past-producing Besshi-type VMS copper mines, a nickel-copper deposit and over 20 additional known mineral occurrences.

0 0