12:41:16 EDT Tue 26 May 2026
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Playfair Mining Ltd (3)
Symbol PLY
Shares Issued 88,503,395
Close 2026-05-25 C$ 0.06
Market Cap C$ 5,310,204
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Playfair hires Lantech for Mount Uniacke drilling

2026-05-26 11:19 ET - News Release

Mr. Neil Briggs reports

PLAYFAIR SIGNS DRILLING CONTRACT FOR MOUNT UNIACKE

Playfair Mining Ltd. has signed a drill contract with Lantech Drilling Ltd. and is planning for drilling at its Mount Uniacke project, part of Playfair's Golden Circle project in Nova Scotia.

Playfair is fully financed 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 $387 (U.S.) per ounce. Today, with the price of gold consistently above $4,000 (U.S.) for the last six months it is time for a new examination of this past gold producing property. A review of the Mount Uniacke project can be found on-line.

Details of the drill program can be found in Playfair's news release dated Nov. 10, 2025.

Playfair's chief executive officer, 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 financed, agreements with landowners are in place and is expected to start around June 15, 2026. The program will be supervised by Greg Davison, PGeo, and Perry MacKinnon, PGeo, 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.

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

We seek Safe Harbor.

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