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AFFINITY GOLD CORP. - ( Ticker: AFYG )

Website: www.affinitygold.com

Investor Information: www.affinitygold.com/investors

Investors Relations Contact: Click Here to contact IR



 


 


Audio From May 30th CC:

Click here to listen to the Audio

Click here to view the Written Transcript (will be posted later)




Audio From May 9th CC: (Rescheduled April 25th Call)

Click here to listen to the Audio

Click here to view the Written Transcript




Audio From March 28th CC:


Click here to listen to the Audio

Click Here to view the Written Transcript



Audio From Feb 28th CC:

Click here to listen to the Audio

Click Here to view the Written Transcript




Audio From Jan 31st CC:

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Click Here to view the Written Transcript


Audio From Dec 23rd CC:

Click here to listen to the Audio

Click Here to view the Written Transcript


 

SHARE STRUCTURE:

AUTHORIZED SHARES:       
250,000,000   shares of common stock with a par value of $0.001
ISSUED & OUTSTANDING:  137,310,336  as of February 05, 2014
FLOAT:                                   26,427,000  as of February 16, 2014

RESTRICTED:                       100,298,336  as of February 05, 2014

NUMBER OF SHARE HOLDERS ON RECORD: 86 as of September 16, 2013


Daily and Weekly Charts





           


 


Management & Directors


Corey Sandberg, President, CEO, Director
                                                                   
Mr. Sandberg has over fifteen years of professional experience in both corporate and small business environments. He has successfully lead business startup, organizational management and operational improvement initiatives, both strategic and tactical, for public and private companies alike.

Prior to becoming an independent consultant, Mr. Sandberg worked for seven years at American Express Financial Advisors, a subsidiary of American Express, (later spun-off to become Ameriprise Financial, Inc.). While at American Express, Mr. Sandberg held both management and leadership positions in predominantly entrepreneurial environments receiving recognition for challenging the status quo, taking risks and successfully implementing new ideas that helped with cost savings and revenue generation.

Mr. Sandberg held the FINRA Series 63, 7 and 24 Securities Licenses required for management and leadership positions within the company. Mr. Sandberg is a graduate from the University of Minnesota , Twin Cities with a Bachelor of Arts degree in Japanese Language & Culture.

 


Hans J. Rasmussen, Technical & Business Development Advisor

 

Mr. Rasmussen has over 29 years of professional experience in the mining industry as a geophysicist / geologist. He currently serves as the Vice President of Exploration at Coeur Mining, Inc. (NYSE: CDE, TSX: CDM) with a key focus on identifying high-grade precious metal deposits viable for near-term production.  He most recently served as President and Chief Executive Officer of Colombia Crest Gold Corporation, a public company with gold exploration in Colombia, Peru and Bolivia. 

Mr. Rasmussen has held senior positions with mining exploration companies in North and South America and worked as a consultant with clients that included Teck Cominco Ltd., Quadra Mining Ltd. and Mansfield Minerals Inc. His experience includes conducting and managing all geological and geophysical aspects of exploration, commercial transactions and investor relations. Mr. Rasmussen’s prior employment included four years with Newmont Exploration Ltd., 12 years with the Kennecott Exploration / Rio Tinto group, including three years as Country Manager of Argentina and Bolivia.  Most recently, Mr. Rasmussen was Chief Geophysicist with White Knight Resources. Mr. Rasmussen is an active member of the Society of Exploration Geologists, Northwest Mining Association and the Geologic Society of Nevada. He graduated with a Master of Science in Geophysics from the University of Utah, and holds Bachelor of Science degrees in geology and physics from Southern Oregon State College. Mr. Rasmussen is also a Director of Pachamama Resources Ltd., StoneShield Capital Corp., and Golden Phoenix Minerals, Inc.    

 


 

Craig Laughlin, Secretary
Mr. Craig Laughlin is the founder and President of SRC Funding, Inc., a private company owned by Mr. Laughlin through which he has provided business consulting services and engaged in private investment activity since 1991. During the past 22 years, Mr. Laughlin has served as an officer and director of numerous public companies through which he has structured reverse mergers and funding transactions for micro-cap private companies. Mr. Laughlin currently serves as the Chief Executive Officer, President, Chief Financial Officer, Secretary and Treasurer of HPC Acquisitions, Inc., a reporting issuer posted for trading on the OTCQB that is seeking an acquisition; and as the Chief Executive Officer, President and Chief Financial Officer of Renewable Energy Acquisition Corp., a reporting issuer seeking an acquisition in the renewable energy space. In recent years, Mr. Laughlin has filled director and officer positions with similar reporting issuers such as Simplagene USA Inc. (for which he managed a self-underwritten IPO), and Dotronix, Inc. (a consulting assignment which involved spinning off a legacy business and preparing the company to acquire an existing private business).




Johnny Lian Yong, Director                                                                                   
Mr. Yong is currently the Chairman of JAS Singapore Group of Companies, a Singapore corporation that has subsidiary and affiliate businesses spanning more than 13 countries, covering medical and hospitality services, finance and investments, logistics, human resources and professional development, green technologies and information technology services.

He has also been the Chairman of JAS Singapore Group of Companies since October 1992. From October 2000 to present, Mr. Lian has been a director of JAS Medical Screening Centre Pte., Ltd., a Singapore corporation that provides health services for the needy and medical screening for Chinese immigrants, foreign workers and foreign students coming into Singapore. Mr. Lian obtained a Degree in Business Administration from Thames Valley University in the U.K. 




Affinity Gold Corp. Announces Founding of Strategic Advisory Committee

The Strategic Advisory Committee has been specifically comprised of those who are thought leaders, industry executives, former government leaders, entrepreneurs and investors who bring with them diverse expertise and international experience across finance, mining & engineering, law, social and environmental responsibility, clean energy technologies & applications and business development & growth strategies, all within the extractive industries.

About Affinity Gold Strategic Advisory Committee:

The Strategic Advisory Committee was founded in March 2014 for the purpose of engaging and providing the Company's Executive Management and Board of Directors with expert guidance, knowledge, insights into current and emerging trends and opportunities as well as access to key resources to further support the Company's overall business development and growth strategy. The Advisory Committee will further act as an external sounding board on a range of topics such as corporate social responsibility, sustainable development, water, energy, climate change, security and human rights. Additional information regarding the Strategic Advisory Committee can be found on the Company's website (www.affinitygold.com).


STRATEGIC ADVISORY COMMITTEE MEMBERS:

CARLOS LORET DE MOLA

Carlos Loret de Mola is a trained mining geologist that has managed family mining affairs in Peru since 1973 to date. That includes Compañia Minera Huampar S.A. and several smaller mining activities surrounding Huampar that were merged into IMASE (Inversiones Mineras Alto del Santa Eulalia) to further transfer mining assets and liabilities into a venture called Nueva Condor S.A. Nueva Condor was then exchanged for shares of Oroperu Resources (New Oroperu Resources). After the prices crisis of year 2000 Nueva Condor was re acquired by Carlos Loret de Mola and today is currently being acquired by Trevali Resources, a junior Canadian company that owns Minas de Santander.

During the 70's Huampar was consolidated to produce over 400 tons a day of sulphide ores to produce zinc, lead and copper concentrates with values of gold and silver. During the 80's Carlos Loret de Mola also participated on the board of state owned companies, acting as CEO of Minas de Condestable S.A. a medium size copper producer (later bought by TRAFIGURA) and serving as director of Centromin a mineral complex (ex Cerro de Pasco Corp) and MINPECO (a state trading company) both privatized in the 90's.

During the 90's Huampar retreated tailings to survive the price and political crisis of the moment, to finally be negotiated to Oroperu Resources as Nueva Condor S.A. Carlos Loret de Mola was kept as a directing officer by Oroperu until the buyback operation in 2001. Nueva Condor S.A. went through a chapter 11 process (Proceso Transitorio INDECOPI) to be acquired by Trevali Resources by 2011.

From 2002 to 2006, Carlos Loret de Mola was appointed Executive President of the National Council for the Environment-CONAM (today the Ministry of Environment) and President of the National

Environmental Fund - FONAM, serving under President Alejandro Toledo (2001 - 2006) both tenures.
After leaving governmental positions Carlos Loret de Mola has been actively promoting the sustainable development of the extractive industries in Peru (specially mining) and participating on the board of many companies related to such efforts. Until very recently Carlos Loret de Mola has been an external director for Fundacion Tintaya (2003-2012)

Through 2013, Carlos Loret de Mola acted as an advisor to XSTRATA on issues related to their ability to lower impact on the development of their Bambas project in the provinces of Grau and Cotabambas in the Apurimac Region and Chumbivilcas and Espinar provinces in the Cusco Region, Peru. Carlos Loret de Mola has been assigned to the committee for Promoting Sustainable Land Management in Las Bambas promoted by UNDP and having as executing partners, Xstrata Trust Fund, Provincial Governments and the Ministry of Environment.

RAZIEL ZISMAN

Raziel Zisman is Executive Chairman of Alicanto Mining Corp., a private project-generating company with offices in Canada and Colombia, and of Fenix Geoconsult Ltd., a consulting company providing consulting and technical exploration services in Colombia, Armenia and the Democratic Republic of Congo. He also serves on the board of directors of Advanced Explorations Inc., a resource development company focused on developing its Roche Bay and Tuktu Iron Ore Projects in one of the world's largest developing iron ore districts, the Melville Peninsula in Nunavut.

He has a background in corporate and securities law as well as in merchant banking, having provided corporate finance advisory services and access to private and public capital to early stage companies.

Raziel grew up in Lima, Peru and studied development economics at Sussex University in the UK, followed by studies in Canada where he took a law degree at Osgoode Hall Law School as well as graduate degrees in economics, environmental studies and law. After clerking at the Supreme Court of Canada, he worked in the Toronto office of a leading American law firm, mostly in cross-border financings and mergers & acquisitions, gaining experience in the mining, energy, forestry and transportation sectors, and at major Canadian business-law firms, working primarily in the mining and natural resource sectors. He is a member of the bars of Ontario and New York.

He is a Director at the Canadian Council for the Americas (CCA) and is also a Director of the Prospectors and Developers Association of Canada (PDAC), where he also serves as a member of the Aboriginal Affairs and Securities committees.

CLAY HOES

Mr. Clay Hoes was most recently President and CEO of Forbes Royalty Corp., leading the development and launch of a natural resource royalty company which was placed on hold for the time being and may not launch due to the market. Clay provides due diligence and financing for producing resource companies - oil and gas, mining and industrial minerals.

Mr. Hoes served as a Portfolio Manager of RiverSource Investments, LLC. His industry experience covers industrial stocks on both the buy-side and the sell-side. Prior to joining American Express Financial Corporation in 1999, Mr. Hoes was a Vice President, Portfolio Manager, and Senior Metals Research Analyst at Scudder Kemper Investments in New York, covering global base metals, precious metals, and building materials. Before that, he served as a Precious Metals and Mining Analyst at Everen Securities. Mr. Hoes was also a Precious Metals Project Finance and Credit Analyst at Mocatta Metals Corp. He served at Pennzoil Oil and Gas as a development geologist, responsible for prospecting, drilling analysis, reservoir analysis, economic analysis, and budgeting. Mr. Hoes began his investment career in 1993. He has been a Director of Belo Sun Mining Corp since December 6, 2010.

In 1995, he was ranked by the Wall Street Journal as the number one Analyst for performance in the steel industry stocks. In 1997, Mr. Hoes was ranked by Brendan Wood International as the most knowledgeable institutional investor in precious metals stocks. He holds a B.A. degree in Economics and Geology from Hobart College and an M.S. in Mineral Economics from the Colorado School of Mines.

DON MCCOY

Mr. McCoy has 35 years experience in Hard Rock mining and Surface mining in the West as well as interspersed with commercial drilling and blasting. His specialties include opening of small vein precious and base metal mines, drilling and blasting Surface and Underground mines and quarries, and Blast Vibration Monitoring.

Mr. McCoy currently serves as the Operations Manager for Quartz Hill Mining Company, which is involved in exploration and development projects. He also currently serves as the Rocky Mountain Division General Manager of A&A Drilling and Blasting, Inc. responsible for drilling and blasting operations in Colorado.

Previously, he served as the Safety Supervisor at Ames Construction, Inc. for the Cripple Creek and Victor Gold Mines. For the past 27 years, Mr McCoy has been the President of Geo-Kinetics Services, Inc. Geo-Kinetics Services, Inc., a mining and commercial blasting consulting company. They are currently contracted to a privately held, Canadian precious metal mining company. Their duties include project management, mine design, permitting, exploration project design, mine development and production, staff screening, hiring and corporate strategies. Their primary consulting specialties include mass rock blasting, seismographic monitoring, underground mine development and open-pit production.

Mr. McCoy received his Associates Degree from Glendale Community College with an emphasis on science and mathematics. Mr. McCoy is a member of the Society of Mining, Metallurgy and Exploration (SME), International Society of Explosives Engineers (ISEE), Geological Society of America (GSA) and Colorado Mining Association (CMA).

SEBASTIAN WAHL

Based in Lima, Peru, Mr. Wahl is a motivated, analytical and result-driven business executive, partner and adviser with a successful background of establishing profitable business relations in Europe, the Middle East and South America. Sebastian currently operates as COO for British Mining company responsible for the construction, operation and management of a gold and silver processing plant and refinery in the north of Peru.

As a Director - Commodity Trader, Sebastian unites sellers and acts as broker between small and medium producers and institutional buyers with W. Merchant. W. Merchant is located in Lima, Peru, a country that is one of the leading producers of gold, silver, copper and zinc. They are focusing on precious metals such as gold and silver.

Mr. Wahl is also the current Director of international trade & relations at Mayfair & Bond in the United Kingdom who provides a strategic pathway for investor client relationships while providing capital investment and financial security through management.

Mr. Wahl is experienced in working with high profile decision makers and ultra high net worth individuals in the Swiss financial industry with the primary focus on capital placement and business development.

Mr. Wahl has excellent communication, negotiation, management, closing and turn around skills and the ability to develop mutually beneficial business opportunities, as well as maintain them. He enjoys being a part of business networks, as well as managing new business strategies and relationships. Sebastian maintains close personal and professional relationships in the banking, commodity and mining sector. He is a passionate relationship manager, business developer and strategist. Mr. Wahl holds a Graduate degree in finance and marketing from the Graduate Business School of Administration B.Sc. in Zürich, Switzerland, speaks Fluent in English, German (mother tongue), Swiss German and good at speaking French and Spanish. Sebastian enjoys cricket, organizing fund-raising activities and is a member of high profile alumni and social clubs.

JUAN PEDRO (J.P.) VAN HASSELT

Senior attorney specializing in Corporate Law, Mr. van Hasselt has over 20 years of experience developing businesses in leading U.S., Peruvian and multinational organizations. His experience includes mergers and acquisitions in Latin America and resulting taxation implications. He has a concentration in Corporate Law, Competition Law, Negotiations, Foreign Investment, Mining, Energy and Patent and Trademark Law. Mr. van Hasselt is bilingual, important in Cross-cultural negotiations, and has his Master in Comparative Law and experience in developing businesses in leading organizations in Peru and around the globe.

Mr. van Hasselt is currently the Manager of Legal Affairs (CLO) Chief Legal Officer for Haug, S.A., largest construction and metal mechanics company in Peru, servicing mainly the mining and oil industries, with responsibility on legal operations and corporate affairs. He is the main negotiator on all-important contracts with domestic and foreign clients. Mr. van Hasselt is the leading negotiations strategist with most large mining companies.

As Alumni Leader in Peru for The George Washington University (Washington, DC), Mr. van Hasselt directed the Global MBA to select Haug S.A. to conduct a Business Strategy program, which took place May '13.

Mr. van Hasselt holds his law degree from The George Washington University, National Law Center, Washington, D.C. He has been quoted and published in several articles and publications: ANDA News, Sintesis, and IP Worldwide. Mr. van Hasselt spoke in Lima Peru, 2007, on "Environmental Trusts" for the New York State Bar Association, along with many other speaking engagements. Mr. van Hasselt is fluent in Spanish and English and has a working proficiency with French.





RECENT NEWS ITEMS:

March 27, 2014 Affinity Gold Corp. Announces Founding of Strategic Advisory Committee

March 20, 2014 Affinity Gold Corp. Announces Launch of Social Media Strategy

March 18, 2014 Affinity Gold Corp. Announces First Round of Ore Shipment and Preliminary Sale of Silver-Lead (Ag-Pb) Concentrate Produced From Its Cambalache Project

Feb 27, 2014  - Affinity Gold Corp. Announces Engagement of L.L. Bradford & Company as Its New Independent Public Accounting Firm

Feb 6, 2014  - Affinity Gold Corp. Joint Venture Compania Minera RyCor, S.A.C. Closes on Currently Producing Silver & Lead Asset in Peru

Jan 14, 2014 - Form D for AFFINITY GOLD CORP

January 9, 2014 -Affinity Gold Corp. Announces Continuation of Monthly Shareholder & Investor Conference Call

December 19, 2013 -Affinity Gold Corp. Announces Upcoming Shareholder & Investor Conference Call

December 16, 2013 -Affinity Gold Corp. Signs Formal Joint Venture Agreement to Develop Currently Producing Silver & Lead Asset in Peru

December 3, 2013 -AFFINITY GOLD CORP. Files SEC form 8-K, Unregistered Sale of Equity Securities, Other Events, Financial Statements an

November 26, 2013 -Affinity Gold Corp. Receives $272,500 in Funding From Long-Standing Shareholders

November 22, 2013 -UPDATE: Affinity Gold Corp. Receives Approval of Application for Allowance From S.E.C

November 22, 2013 -Affinity Gold Corp. Receives Approval of Application for Allowance From S.E.C

November 20, 2013 -Affinity Gold Corp. Signs Letter of Intent to Develop Currently Producing Asset

November 19, 2013 - Affinity Gold Corp. Further Improves Its Transparency to the Markets

November 15, 2013  -Affinity Gold Corp. Announces Improved Listing Status With OTCMarkets.com

November 13, 2013  - Form 8-K for AFFINITY GOLD CORP.
November 13, 2013  - Affinity Gold Corp. Announces Appointment of New Board Member and Corporate Secretary
November 7, 2013    - Affinity Gold Corp. Updates Sharesholders Regarding OTC Markets Listing Status
November 5, 2013    - Form 8-K for AFFINITY GOLD CORP.
November 4, 2013    - Affinity Gold Corp. Addresses Its Recent Change in OTCMarkets.com Listing Status
September 26, 2013 - Affinity Gold Corp. Announces Near-Term Outlook & Objectives
September 19, 2013 - Affinity Gold Corp. Signs Definitive Agreement to Develop Near-Term Production Gold & Silver Project in Peru
August 16, 2013        - Affinity Gold Corp. Enters Into Letter of Intent With Colombia Crest Gold Corp. to Cooperatively Develop Its Gold-Silver Project
June 13, 2013            - Affinity Gold Corp. Signs Letter Of Intent To Develop Near-term Production Asset


 

 

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.

 
MACHACALA, LA LIBERTAD 
966 hectares located the District of Carabamba, province of Julcan, La Libertad region at an elevation of 3,300 masl. 
 
Highlights: 
Immediate Production Potential 13 Identified Veins 210,000 TM Tailings = $20,000,000
Underground Potential $2-3 Billion


CARABAYA, PUNO
500 hectares located in Carabaya, Puno, Peru. The site rests along the Inambari river that flows north to the larger Madre de Dios river, which is a major tributary to the Amazon drainage system.
 
Estimated Gold Resources:
Measured: 36,432 oz.    @ avg. $1250/ ounce =      $45,540,000   Forty Five MILLION, Five Hundred Forty Thousand Dollars
Indicated: 235,900 oz.   @ avg. $1250/ ounce =    $294,875,000  Two Hundred Nitely Four MILLION, Eight Hundred Seventy Five Thousand Dollars
Inferred: 1,819,800 oz.  @ avg. $1250/ ounce = $2,274,475,000  Two BILLION, Two Hundred Seventy Four Million, Four Hundred Seventy Five Thousand

                                                                                                                                                                                                                 

AFFINITY PROEJCTS

 


History

Affinity Gold Corp. was formed in 2009 to facilitate the going public of its flagship project and become a publicly trading junior mining company listed in the U.S. on the Over-the-Counter Bulletin Board (OTC BB) exchange.

In February 2009, Affinity Gold Corp. entered into a Letter of Intent with AMR Project Peru , S.A.C. ("AMR") to purchase the mining concession rights for 500 hectares of land in southeastern Peru near the Andean Mountains . AMR Project Peru , S.A.C. is a Peruvian holding company founded in 2005 for the purpose of facilitating the exploration, acquisition and development of mining concessions located within Peru .

On March 2, 2009, Affinity Gold Corp. entered into an Asset Purchase Agreement with AMR. The AMR Project covers 500 hectares represented by the physical mining concession 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, and includes all improvements, structures and equipment on and used by AMR on such mining concession rights (collectively, the "Mining Concession Rights"). The Mining Concession Rights are located in the Inambari River Basin of Puno, Peru.

On April 30, 2009, the Company entered into an Amendment Agreement with AMR, whereby the parties decided to amend the arrangement by changing the structure of the arrangement from an asset purchase agreement to a share exchange agreement resulting in AMR becoming our wholly-owned subsidiary upon closing of the share exchange agreement. In addition, under the Amendment Agreement, the parties agreed to terminate the Asset Purchase Agreement so it will no longer have any force and effect. 

On May 8, 2009, we entered into a Share Exchange Agreement with AMR and all the shareholders of AMR, whereby we agreed to acquire 99.99% of the issued and outstanding shares in the capital of AMR in exchange for the issuance of 12,000,000 shares of our Common Stock in aggregate to the shareholders of AMR on a pro rata basis in accordance with each AMR shareholders' percentage of ownership in AMR. Once the transaction closes, Affinity Gold Corp. will own and control the concession rights, through its wholly-owned subsidiary AMR Project Peru , S.A.C., for the 500 hectare area of land in southeastern Peru.


 

Cambalache Project: Currently in Production




Cambalache Project

Cambalache is Affinity Gold Corp.’s third project and the Company’s first site to be in production and generating revenue.

 





                       

Estimated Project Potential

Below is an excerpt from a CPG's report after a recent visit to the mine.
 
"...previous mining operations exposed on the Veta 2 structure 500 meters of strike length and 280 meters of dip (height), of which the top 50 meters has not been considered for it has been extensively mined. Currently mining on Veta 2 is exposed that twp of the three vein splays (1 m avg width) are relatively unmined below the 555 level, over a strike of 200 meters and 40 meters dip. This is a volume of 16,000 m3, or 48,000 tons. This tonnage could become a mixture of reserves and measured/ indicated resources rapidly. The resource above could be called an indicated/inferred resource safely until a proper survey is completed. The 515 level crosscut has intercepted the Veta 2 mineralization, partially confirming its reported continuation to depth (reported workings in mineral to 335 meter level). I would suggest the rest of Veta 2 resource potential (500m x 200 m x 3 m) could be demonstrated to at least inferred/indicated status within a few months of reopening the old workings, new explorations and developments."
 
Estimated Resource Potential (based on reports and production results)
 
Estimated Grades: 11% Lead (Pb), 15 oz Silver(Ag), $542/T
Estimated Average Vein Dimension: Strike 500m, Depth 400m, Width 3m
Estimated Average Vein Potential: 1,800,000 Tons
Estimated Mineable Vein Potential: 450,000 Tons x $542 =  $243.9 M
 
Three veins identified:
1.35 M T @ $542/T = $731.7M


                   

                   




 


MACHACHALA PROJECT

The Machacala Project is a hard rock property located in the District of Carabamba, province of Julcan, La Libertad region to the North of Peru, at an elevation of 3,300 meters above sea level. The property contains 966 hectares comprised of 18 contiguous concessions. It is approximately 110 miles southeast of the city of Trujillo, capital of the region, and 574 Km of Lima, capital of Peru. 

The La Libertad is one of the largest Gold and Silver producing regions in Perú and in the World, including mines such as Yanacocha which is producing millions of Gold ounces annually; 42 kilometers east of the coastal city of Trujillo in northern Peru.


Machacala Project Highlights

Project offers near-term production potential from both tailings and underground.

Previously producing property with over 235,000 tons of ore mined with estimated average grades of 6.0g/t Au and   340g/t Ag

Large un-leached tailings pile on site
Volume Est.:  210,000 Metric Tone
Grade Est.:  1. 34 g/T Au   56.36g/T Ag (average grade)
Located in a well-known mining area.
Barrick Gold, Rio Alto Mining, and Southern Peak Mining are operating in region.
Exploration drilling programs from 1996 by Gold Hawk Resources, Meridian Gold, and Buenaventura.
Drilling totaled over 8,500 m in 45 core and RC drill holes (Meridian Gold, Gold Hawk Resources).
Metallurgical studies show 87% Au, 50% Ag recoveries in 24 hrs leaching on un-milled tailings, with re-milling (-400 mesh) shows increased recoveries to 90% Au, 73% Ag in 24 hrs leaching.


NOTE: Mine has multiple low sulphidation, epithermal Au-Ag veins on property of which thirteen have been identified and "only" four have been modestly exploited.

MINERAL RIGHTS:
966 hectares comprised of 18 contiguous mineral concessions

SURFACE RIGHTS:
150 hectares of surface rights.  This is where the estimated 210,000 metric tons of tailings are located.

WATER RIGHTS:
Water rights to the nearby Carabamba reservoir. Additional source of water supply exists if necessary.

 


 

CARABAYA PROJECT (AMR)

The Carabaya 500 hectare property is located along the Inambari River basin in the Puno region of Southeastern Peru. Archaeological researchers have claimed that the source of gold adorned by the Incas was from the Eastern slopes of the Andes. The Inambari  Madre De Dios River system is relatively close to Cusco, Machu Pichu and other Inca ruins suggesting that this area may have been mined for centuries. In 1860 explorers found gold in the Rio Madre de Dios here, and later in the 20th Century the Corps of Mining Engineers catalogued this river as being rich in gold.


Currently there are 'illegal miners' all along the river and well upstream from the property indicating that the river banks as well as the terraces are auriferous and beg to be explored and mined.  'Illegals', using very poor mining methods, are pulling 1kg of gold per day just across the river from the Carabaya property.  

Ownership:  AMRs concession rights ownership is acknowledged through the issuance of Certificate No. 799602006 INACC-UADA, issued by Perus National Institute of Concessions and Mining Cadastre.  The certificate was granted in October 2006 and later published and dated on December 11, 2006.  

 

Carabaya Project Highlights:
 
500 hectare alluvial mine
Located in the gold rich region of Puno, Peru
Extensive report done on the property in 2009
36,432 ounces of proven gold
2,055,700 ounces of probable gold
A number of legal and illegal mining operations in the area are pulling vast amounts of gold from the soil

Technical Report 

R. W. Laakso, B. Sc.; P. Eng.
Shaft & Tunnel Engineering Services Limited
Holland Landing, Ontario, Canada

Link:  Technical Report


Strategy Plan 

Link:  Carabaya Strategy Plan

 




Corporate Office:


Affinity Gold Corporation
13570 Grove Drive, #310

Maple Grove, MN 55311

Corporate Contact
Telephone:  763-515-1462
Facsimile:    763-420-5092
Email:  info@affinitygold.com 
Website: http://www.affinitygold.com

Transfer Agent: is not gagged. Current Share Structure available by email request


Nevada Agency & Transfer Co.

50 W. Liberty St., Suite 880
Reno, NV 89501
Telephone: 1-775-322-0626
Facsimile:   1-775-322-5623

To receive email updates pertaining to Affinity Gold simply sign up by clicking this link:    Sign up for 'Affinity Gold Corp.' E-Mail List
 


 

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#8952   Second alert on AFGY being severely delinquent in Renee 07/10/16 08:22:48 AM
#8951   hope we have some good news soon tuna1186 06/07/16 09:04:56 PM
#8950   what woke this up ?? berta 06/07/16 02:31:39 PM
#8949   Your CEO abandoned this scam and is now liable 05/24/16 09:50:25 AM
#8948   $AFYG got some emails out and made a PennyStockYoda 05/11/16 08:21:57 AM
#8947   Waiting for Someone who has some info on tuna1186 03/26/16 09:10:31 PM
#8946   Watching. Waiting. Holding. $AFYG PennyStockYoda 03/17/16 11:03:35 AM
#8945   Watching this one ;) Elcappy1 03/16/16 03:54:59 AM
#8944   All we need is a little news about tuna1186 03/16/16 12:51:38 AM
#8943   lets hope id love to see this thing tuna1186 03/07/16 11:37:31 PM
#8942   Rumor has it they found a new path PennyStockYoda 03/07/16 07:12:06 PM
#8941   That's the most volume ive seen in a tuna1186 03/07/16 07:06:56 PM
#8940   $AFYG could be worth a look again with PennyStockYoda 03/01/16 04:26:18 PM
#8939   My gut tells me to stick around on mapleman 01/22/16 05:07:46 PM
#8938   Rumor is AFYG seeking an alternative route to PennyStockYoda 01/21/16 08:52:03 AM
#8937   "Good things come to thems that waits" mapleman 12/22/15 05:19:26 PM
#8936   Yeah its looking that way tuna1186 12/18/15 01:28:03 PM
#8935   Garbage ImRyano 12/15/15 05:44:36 PM
#8934   anyone have any info on the status of AFYG? tuna1186 12/01/15 07:06:39 PM
#8933   There is no other plausible explanation for Corey FLAPPO99 11/26/15 11:06:27 AM
#8932   so were you able to get in touch tuna1186 11/25/15 10:30:21 AM
#8931   Gonna try and scoop up some of these PennyStockYoda 11/25/15 09:00:05 AM
#8930   Someone is looking to get out of $AFYG... PennyStockYoda 11/23/15 07:25:08 PM
#8929   I don't think so... I have his number. PennyStockYoda 11/21/15 05:06:11 PM
#8928   Is this company still in operation ?...does anyone tuna1186 11/21/15 11:50:09 AM
#8927   These properties look very interesting. PennyStockYoda 11/18/15 07:28:06 PM
#8926   $AFYG any legitimacy here? PennyStockYoda 11/10/15 09:08:29 AM
#8925   Anyone spoken to Corey recently? PennyStockYoda 10/14/15 11:29:31 AM
#8924   Still holding them shares Sunkist? LOL TrendVestor 08/30/15 09:26:51 PM
#8923   please tell us more. LZARK 08/21/15 11:53:34 AM
#8922   With flashing lights? Yes! Smallville 08/20/15 09:18:50 PM
#8921   Now that the last bull has silently left FLAPPO99 08/20/15 11:24:28 AM
#8920   I made a killing on this one over biglued1 07/16/15 10:41:31 PM
#8919   It's not very likely they can pump this FLAPPO99 07/07/15 05:41:54 PM
#8918   +121% today on $30 trade_stocks_daily 07/06/15 08:21:59 PM
#8917   Your consistency on this board cannot be disputed. trade_stocks_daily 06/23/15 10:18:13 AM
#8916   Does this company still actually exist? The phone MAKEPROFIT1 06/17/15 07:00:10 PM
#8915   Whoever forgot to paint the tape yesterday got FLAPPO99 06/17/15 09:52:26 AM
#8914   I hope no one has been waiting for TrendVestor 06/17/15 09:40:46 AM
#8913   wink ;) Chillaxin 06/09/15 03:29:26 PM
#8912   Your doubt is strongly justified as there are FLAPPO99 06/08/15 05:14:47 PM
#8911   Weekly Chart: AFYG trade_stocks_daily 06/08/15 12:44:49 PM
#8910   Shoulda, woulda, coulda! I hope we get trade_stocks_daily 06/08/15 12:35:16 PM
#8909   12-18 months but maybe sooner..... Now taking bets jstorm 05/01/15 11:04:17 AM
#8908   Can I get your definition of 'very soon'? Smallville 04/30/15 07:14:22 PM
#8907   Funny this Corey. TrendVestor 04/28/15 08:58:05 AM
#8906   Lets sure hope so.. emackulate 04/10/15 05:10:28 PM
#8905   There is ZERO excuse for Corey going publicly FLAPPO99 04/08/15 09:50:38 AM
#8904   We should be seeing news very soon. Chillaxin 04/07/15 07:41:03 PM
#8903   "There is something rotten in Denmark"; price down Trixidio 04/07/15 12:25:35 PM
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