Affinity Metals Corp. has re-priced the 1,000,000 options granted on May 21, 2020 to certain Directors, Officers, Contractors and Advisors of the Corporation. The options now have a deemed price of $0.19. All other terms of the options remain the same. The granting of options is subject to approval by the TSX Venture Exchange. About Affinity Affinity is focused on the acquisition, exploration and development of strategic [...]
Affinity Metals Corp. is pleased to report that it has entered into an option agreement with an arm's length third party to acquire up to a 90% interest in the West Timmins Gold property located approximately 29 km southwest of Timmins, Ontario, Canada. The property package consists of 20 mineral tenures spanning 429 hectares. The property directly adjoins to the west and along geological strike to the Melkior Carscallen [...]
Affinity Metals Corp. congratulates Advisor Ronni Stoerferle regarding the upcoming much anticipated May 27th publication of the 2020 edition of the "In Gold We Trust" report. The "In Gold We Trust" report is the preeminent research report for the gold industry as it relates to the state of the global economy in general. The 2020 edition will be in excess of 350 pages of all things gold . The Wall Street Journal has [...]
Affinity Metals Corp. has been contacted by IRROC and has been asked to clarify and add further disclosure with respect to certain items contained in the April 16, 2020 news release. With respect to the 22 grab samples that were reported it should be noted that though the grades reported in the selected grab samples are extremely high, use of the term "bonanza grade" may be considered vague or imprecise. Furthermore, the [...]
Affinity Metals Corp. is pleased to release assay results from the late fall drill program conducted on the Regal property encompassing 8,800 hectares of the northern end of the prolific Kootenay Arc approximately 25 km northeast of Revelstoke, British Columbia, Canada. Along with numerous high grade intercepts in multiple holes, a significant new silver discovery was made in the ALLCO area with drill hole #10 [...]
Affinity Metals Corp. announces that it has closed the first tranche of its non-brokered private placement previously announced on February 6, 2020. Under the First Tranche, the Company has issued 1,960,000 units for gross proceeds of $392,000. No finder's fees were paid in connection with the First Tranche. All securities issued under the First Tranche are subject to a hold period expiring June 29, 2020, in accordance [...]
Affinity Metals Corp. today announced that it will be offering on a non-brokered private placement basis up to 5,000,000 units at a price of $0.20 per Unit for proceeds of $1,000,000 if the Offering is fully subscribed. Each Unit consists of one common share of the Corporation and one non-transferrable Common Share purchase warrant . Each Warrant may be exercised for one additional Common Share at a price of $0.30 for a [...]
Affinity Metals Corp. is pleased to release over-limit assays for samples from the fall 2019 exploration on the Regal property located in the northern end of the prolific Kootenay Arc approximately 35 km northeast of Revelstoke, British Columbia, Canada. As previously reported, the Corporation received assay results for all 22 rock samples collected from surface outcrops in September 2019 from the Black Jacket and ALLCO [...]
Affinity Metals Corp. is pleased to report that it has now completed the drilling portion of the 2019 Regal exploration program at the Regal property located in the northern end of the prolific Kootenay Arc approximately 35 km northeast of Revelstoke, British Columbia, Canada. A total of 1,846 meters of diamond drilling was completed with 21 holes being drilled. The drilling was divided over two target areas with 10 holes [...]
Affinity Metals Corp. is pleased to announce the formation of its new corporate advisory board comprised of individuals with a wealth of experience and background in the precious metals and mineral exploration industry. The first appointment to that board is Ronald-Peter Stoeferle. Ronnie Stoeferle is a managing partner of Liechtenstein based asset manager Incrementum AG and responsible for Research and Portfolio [...]
Affinity Metals Corp. ") is pleased to report that it has received assay results for all 22 rock samples collected in September 2019 from the Black Jacket and Allco areas of the Regal property located in the northern end of the prolific Kootenay Arc approximately 35 km northeast of Revelstoke, British Columbia, Canada. Of the 22 grab samples collected from surface outcrops, the majority contained bonanza grade silver [...]
Affinity Metals Corp. is pleased to report that it has commenced exploration on the Regal Project located approximately 35 km northeast of Revelstoke, British Columbia, Canada. The program will include geological mapping, sampling, and up to 2,000 meters of diamond drilling testing several targets identified in preliminary work. The total amount of drilling in this phase of the program will depend on weather and on [...]