Playfair Mining Ltd. (TSX VENTURE:PLY) will drill its 100% owned copper-silver
Seal Lake project located in central Labrador, Canada. Playfair has executed a
drill contract to begin Phase 1 drilling at Seal Lake, designed to test the
continuity of known mineralization in two areas centred approximately 25 km
apart.


The planned program will consist of 4,000m of drilling to test the basin-wide
continuity of copper-silver occurrences previously drilled in 1956 and 1972. The
first target area is located near the west end of the property. Drilling in this
area will test a 10km strike length with holes spaced 1km apart. The second
target area is located near the east end of the property. Drilling in the second
area will test a 5km strike length with holes spaced 1km apart.


Highlights of previous work on the property are 6.4m of 2.5% Copper at Adeline
Island, 11.3m of 1.0% Copper and 30.4 gpt Silver (including 4.9m of 2.5% Copper
and 93.0 gpt Silver) at Ellis, 6km East of Adeline Island and 11.0m of 2.9%
Copper and 45.9 gpt Silver at Whiskey Lake, about 30 km East of Adeline Island.


Seal Lake copper-silver mineralization covers a large area in the Central
Mineral Belt of Labrador. Some 136 copper-silver occurrences, showings and
prospects are known on Playfair's 16,825 Ha property. The majority of the 16
showings and 9 prospects occur within a consistent and laterally extensive
stratigraphic horizon - the basal gray shale of the Upper Adeline Island
Formation. The overall stratigraphy and host rocks at Seal Lake are similar to
the rocks hosting the world-famous White Pine copper-silver district in
Michigan.


In addition to the Seal Lake copper-silver exploration opportunity, Playfair has
four properties with substantial high-grade tungsten deposits. Playfair
continues to believe that there is a strong case for an impending global
Tungsten shortage, as is evidenced by the continued strong rebound in the price
of Tungsten which has recently increased by over 50% to an all-time high price
of $325 per MTU.


Michael Moore, PGeo, is the qualified person who has reviewed the technical
information contained in this news release on behalf of the company.


Visit our website at www.playfairmining.com for more information.

ON BEHALF OF THE BOARD

D. Neil Briggs, Director

Forward-Looking Statements: This Playfair Mining Ltd News Release may contain
certain "forward-looking" statements and information relating to Playfair which
are based on the beliefs of Playfair management, as well as assumptions made by
and information currently available to Playfair management. Such statements
reflect the current risks, uncertainties and assumptions related to certain
factors including, without limitations, exploration and development risks,
expenditure and financing requirements, title matters, operating hazards, metal
prices, political and economic factors, competitive factors, general economic
conditions, relationships with vendors and strategic partners, governmental
regulation and supervision, seasonality, technological change, industry
practices, and one-time events. Should any one or more of these risks or
uncertainties materialize or change, or should any underlying assumptions prove
incorrect, actual results and forward-looking statements may vary materially
from those described herein.


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