Playfair Mining (TSE:PLY) has released an update.
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Playfair Mining is advancing its mining projects in Norway and Canada, with a focus on expanding known mineralization at two former mines in Norway and capitalizing on the increasing tungsten prices due to heightened demand and declining Chinese production. The company owns 100% of two Volcanogenic Massive Sulfide (VMS) projects in Norway, encompassing 297.7 square kilometers with historical mines and unexplored mineral occurrences, and a high-grade tungsten deposit in Canada. Playfair’s assets are strategically positioned to support the growing need for minerals essential in the production of electric vehicles and the transition to a cleaner environment.
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