Affinity Gold Corp. Signs Definitive Agreement to
Post# of 165
Posted On: 11/25/2013 7:29:08 PM
Affinity Gold Corp. Signs Definitive Agreement to Develop Near-Term Production Gold & Silver Project in Peru
Quote:
MAPLE GROVE, MN, September 19, 2013 - (ACCESSWIRE) - Affinity Gold Corp. (OTC Pink: AFYG) ("Affinity" or "the Company") is pleased to announce it has entered into the Definitive Option Agreement with Corizona Mining Partners, LLC ("Corizona") to develop, and earn a 60% interest in, its 966-hectare low sulphidation epithermal gold and silver project called "Machacala" ("Machacala").
"We have moved past the LOI stage representing a major turning point for Affinity and demonstrating clear progress and direction towards becoming a producer. We have set out to achieve something uncommon among the juniors - become a revenue-generating company and we're starting to get some attention. The Machacala project is planned to be the first of a portfolio of near-term production precious mineral assets in Peru the Company intends to develop through its strategic relationship with Corizona," stated President and CEO, Corey Sandberg. Mr. Sandberg further stated, "Along with our progress towards becoming a producer, we have begun to make strides in other areas as well which aim to better position the company for future success and increased shareholder value. This is an exciting time for Affinity as all that we have been working on for the last few years is now starting to come to fruition."
http://ih.advfn.com/p.php?pid=nmona&article=59281815
Quote:
MAPLE GROVE, MN, September 19, 2013 - (ACCESSWIRE) - Affinity Gold Corp. (OTC Pink: AFYG) ("Affinity" or "the Company") is pleased to announce it has entered into the Definitive Option Agreement with Corizona Mining Partners, LLC ("Corizona") to develop, and earn a 60% interest in, its 966-hectare low sulphidation epithermal gold and silver project called "Machacala" ("Machacala").
"We have moved past the LOI stage representing a major turning point for Affinity and demonstrating clear progress and direction towards becoming a producer. We have set out to achieve something uncommon among the juniors - become a revenue-generating company and we're starting to get some attention. The Machacala project is planned to be the first of a portfolio of near-term production precious mineral assets in Peru the Company intends to develop through its strategic relationship with Corizona," stated President and CEO, Corey Sandberg. Mr. Sandberg further stated, "Along with our progress towards becoming a producer, we have begun to make strides in other areas as well which aim to better position the company for future success and increased shareholder value. This is an exciting time for Affinity as all that we have been working on for the last few years is now starting to come to fruition."
http://ih.advfn.com/p.php?pid=nmona&article=59281815
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