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Venture Capital Stock Pick VCSP
Posted On: 03/26/2014 9:13:01 PM
Post# of 88
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Posted By: SeccoTech

Affinity Gold Corporation (Ticker: AFYG) is a mineral exploration and development company engaged in the acquisition and development of near-term precious mineral
p
roduction assets within Peru.



Affinity Gold is solely focused on the acquisition and development of both primary and secondary type deposit assets that:




  • Have a history of production evidenced by data and on-site workings,






  • Offer near-term production within 12-18 months, or less






  • Require less than $3M to start, and






  • Have significant upside exploration potential





Through its 99.99% owned subsidiary AMR Project Peru, S.A.C., Affinity Gold Corp is the owner of the mining concession title named "AMR Project" covering 500 hectares and the mining concession certificate as evidenced by Certificate No. 7996-2006-INACC-UADA granted to AMR by the Republic of Peru, National Institute of Concessions and Mining Cadastre on December 11, 2006 (the "Mining Concession Rights"), which Mining Concession Rights are located in the Inambari River Basin on the flat plains region at an altitude greater than 1500' and accessible by land and air, in the District of Ayapata, Province of Carabaya, Department of Puno, Peru.


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