Playfair Mining Ltd.: Drilling Planned at San Miguel.Business Editors VANCOUVER, B.C.--(BUSINESS WIRE)--July 16, 2001 Playfair Mining Ltd. (CDNX CDNX See Canadian Venture Exchange (CDNX). :PLY.), as part of its investigation into the very large and high magnitude San Miguel San Miguel (sän mēgĕl`), city (1993 pop. 118,214), E El Salvador, at the foot of San Miguel volcano (6,996 ft/2,132 m). It has textile, rope, and dairy-products industries. The region produces cotton, henequen, and vegetable oil. geochemical anomalies, commissioned an independent report on the Company's findings by an arms length industry expert, Mr. Greg Z. Mosher A mosher is a person who is crossed between goth/punk/skater they have long hair and listen to music like slipknot and metal music. Some people call them headbangers. At certain music shows they have something called a mosh pit, basically its a fight pit with loads of people bashing each other. , P. Geo. The report is now complete and Mr. Mosher's conclusions, in part, are: "The most recent soil sampling program convincingly demonstrates the bedrock-related nature of the E-1 geochemical anomalies. "The geometry of the anomalies is highly consistent with bedrock fracture patterns recorded on the geological map of the Charcas mining district. The predominant trend, 145 degrees is also reflected in the orientation of drainages in the area as well as that of a number of the vein - type deposits within the Charcas mining district. "The close spatial and quantitative relationship in the E-1 anomalies among zinc, lead, silver, copper, iron, arsenic arsenic (är`sənĭk), a semimetallic chemical element; symbol As; at. no. 33; at. wt. 74.9216; m.p. 817°C; (at 28 atmospheres pressure); sublimation point 613°C;; sp. gr. (stable form) 5.73; valence −3, 0, +3, or +5. and sulphur, favours the interpretation that these elements were transported and deposited simultaneously and by the same process. "The spatially consistent and quantitatively negative relationship within the E-1 anomalies between metallic elements and the rock-forming elements calcium, magnesium magnesium (măgnē`zēəm, –zhəm), metallic chemical element; symbol Mg; at. no. 12; at. wt. 24.305; m.p. about 648.8°C;; b.p. about 1,090°C;; sp. gr. 1.738 at 20°C;; valence +2. , potassium potassium (pətăs`ēəm), a metallic chemical element; symbol K [Lat. kalium=alkali]; at. no. 19; at. wt. 39.0983; m.p. 63.25°C;; b.p. 760°C;; sp. gr. .862 at 20°C;; valence +1. and aluminum, suggests a pattern of bedrock alteration that is interpreted to be possibly reflective of hydrothermal hydrothermal, hydrothermic relating to the temperature effects of water, as in hot baths. activity associated with the process of mineral deposition. "The most appropriate means of assessing the significance of the E-1 anomalies is a drill program." Playfair is progressing towards an early drill test of the E-1 anomalies. The entire text of the report will soon be posted on Playfair's website. Plan to visit us and review this and other information at www.playfairmining.com. ON BEHALF OF THE BOARD D. Neil Briggs, President and Director No stock exchange has approved or disapproved the information contained herein. |
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