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Gold/Mining/Energy : PLAYFAIR MINING - PLY . V
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To: 3bar who wrote (499)9/16/2002 1:47:58 PM
From: Al Collard   of 505
 
Playfair to commence drilling at San Miguel

Mon 16 Sept 2002

News Release

Mr. D. Neil Briggs reports
SAN MIGUEL DRILLING CONTRACT SIGNED ADDITIONAL PROPERTY ACQUIRED
Playfair Mining has contracted Layne De Mexico S.A. de C.V. to carry out a
reverse circulation drilling program on Playfair's wholly owned San Miguel
property in north-central Mexico. The drill program is expected to start on
or about Sept. 23, 2002. The initial drill holes of the
four-to-six-drill-hole program will test the recently discovered gravity
anomaly beneath the large E1-N soil geochemical anomaly. Each hole is
expected to be about 500 metres long and inclined at an angle between 60
and 70 degrees from the horizontal.
Playfair has extended the San Miguel property by acquiring a new mineral
rights concession over the area immediately south of San Miguel. The newly
acquired property is 983 hectares in size and extends to the south for two
kilometres covering the extension of the E1-S soil geochemical anomaly.
Playfair is searching for new carbonate replacement deposits in previously
underexplored, overburden-filled valleys near large deposits that have been
mined for centuries. Regional exploration led Playfair to the extensive
silver, zinc and lead E1 soil anomalies on the San Miguel property.
The San Miguel property is centred about 15 kilometres southeast of the
mining district of Charcas, one of Mexico's largest underground mines.
Power lines, highways and railways cross or are proximal to the E1
anomalous area.
Please visit the company's Web site at www.playfairmining.com where details
of the geophysical surveys will shortly be available.
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