Keywords : Canada | Tungsten |

Re: Friday, March 16, 2012
Title: Playfair Mining Ltd. and the Global Tungsten Shortage

Hi All,

Over the past year and a half, our projections regarding growing global shortages of tungsten and it's impact on the price of tungsten concentrate have been realized (view current price charts for tungsten concentrate via our website at: www.playfairmining.com)

To illustrate the growing public awareness of the global tungsten shortage, we've attached a link to a recent article from Forbes. The article addresses this very issue and highlights Warren Buffets' recent move to secure tungsten for his Berkshire Hathaway subsidiary, International Metalworking Companies.

You can read the article here: http://www.forbes.com/sites/ciocentral/2012/03/14/the-world-is-running-low-on-tungsten-why-you-should-care/

Playfair Mining owns 100% of four significant tungsten deposits in Canada and has developed over 100 million pounds of 43-101compliant inferred tungsten resources in two of these deposits.

As investor awareness begins to grow around the critical nature of the global tungsten shortage, Playfair Mining and it's investors can expect to see renewed attention in our 100% owned deposits at Grey River, NL. (18.8 million pounds with a recently updated scoping study) and Risby, YT. (89.4 million pounds).

The timing of this new attention to tungsten couldn't be better, as we are currently raising $1,000,000.00 CDN at .05 through a non brokered private placement. The proceeds of which will be used to further advance our tungsten assets and for working capital.

For details on the financing or other developments with Playfair Mining, please contact me at the numbers below.

Best Regards,

Steven Chan

Playfair Mining Ltd.
Ph.604-687-7178
Fx. 604-687-7278
T.Free. 1-888-244-6644
www.playfairmining.com

Playfair Mining Ltd.

	EXPLORATION STAGE
	CODE : PLY.V
	ISIN : CA72811X2041

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Playfair Mining is a gold and tungsten development stage company based in Canada.

Playfair Mining holds various exploration projects in Canada.

Its main exploration properties are GRANITE LAKE, GREY RIVER, SEAL LAKE, RISBY, LENED, CLEA and GREGORY RIVER in Canada.

Playfair Mining is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 513 200 as of today (US$ 378 522, € 340 480).

Its stock quote reached its highest recent level on January 14, 2011 at CA$ 3.20, and its lowest recent point on September 19, 2024 at CA$ 0.01.

Playfair Mining has 51 320 000 shares outstanding.

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