Playfair Mining: Exploration Update- Grey River Tungsten Deposit

Playfair Mining (TSX VENTURE:PLY) is pleased to provide an update on the
progress of the summer 2008 Grey River Tungsten deposit drill program, which is
now near conclusion. Exploration completed so far, has successfully defined a
significant down plunge zone of tungsten mineralization extending the #10 Vein
Deposit at depth and to the north.


From the outset, the primary focus of the current drill program has been to test
the down dip and northern strike extensions of the #10 Vein Tungsten deposit,
particularly below the adit level. Visual observations of wolframite and
scheelite mineralization within new drill core samples have extended tungsten
mineralization an estimated 250 metres in a down plunge direction below the
previously defined deposit (or about 160 metres vertically below the adit
level). Currently, this newly discovered deposit extension zone appears to have
a 45 degree plunge and is open to the north and at depth.


Photographs of these new tungsten-enriched core samples are available on
Playfair's website at: http://www.playfairmining.com/s/GreyRiverTungsten.asp.


To date, the 2008 drill program totals about 3,670 metres of core drilling, with
nine of ten planned holes having been completed. The final hole will be
completed soon, to an estimated final depth of 300 metres. Playfair has received
only partial analytical results for two of the early holes, with the balance of
core samples still pending.


Early visual core interpretations from the 2008 program are beginning to greatly
enhance Playfair's understanding of the Tungsten deposit. Playfair has moved
forward significantly in its goal to increase the deposit's overall Tungsten
resource.


Donald Moore, Playfair's Chairman and CEO, states, "We are pleased that our
strategy to increase the size of Grey River high grade tungsten is yielding
positive results. Our predecessors theorized that tungsten mineralization within
the #10 Vein might plunge to the north from surface, our work has shows that
they were correct."


Physical preparation work has started on the adit for the collection of the
underground bulk metallurgical sample.


Michael Moore P.Geo is the Qualified Person who has reviewed the technical
information contained in this News Release on behalf of Playfair.


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

ON BEHALF OF THE BOARD

D. Neil Briggs, President and Director

No Stock Exchange has Approved or Disapproved the Information Contained Herein.

Playfair Mining (TSXV:PLY)
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