Affinity Gold Corp (AFYG)

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This agreement is amazing and anyone selling here has to be out of their minds or short imo! Doubling production quickly and geting to 100 tons per day in a year....WOW!

"I'm absolutely excited about this project for multiple reasons but primarily because this is an already producing project with great upside meeting our overall model requirements. With making few quick-hit improvements to the existing plant it's anticipated we'll be able to double production and significantly increase recovery rates" stated President & CEO, Mr. Corey Sandberg. Mr. Sandberg further stated, "Our intention is to increase production to 100 TPD by Q3 of 2014. I'm excited what the future holds for Affinity and its shareholders and look forward to sharing more about the merits of Cambalache in the very near future."

Cambalache Estimated Potental
Machacala Project Highlights
Machacala Hardrock Data
Carabaya Resource Estimates



Affinity Gold Corporation (Ticker: AFYG) is a company focused on creating shareholder value through the acquisition and development of near-term mineral production opportunities within Peru. Currently, the Company is involved in two high-grade precious mineral projects in Peru.

The Company’s wholly-owned “Inambari River" project located in Carabaya, Puno, Peru is 500 hectares in size (approx. 1,235 acres) with previous technical studies performed in 2007, 2008 and 2009. The last technical report was produced in 2009 by Eng. Robert W. Laakso which estimated a total gold resource of 2,092,132 ounces:

Measured - 36,432oz.; Indicated - 235,900oz.; Inferred - 819,800oz.


The Company’s second project called “Machacala” is a gold & silver low sulphidation epithermal deposit with past production history located in La Libertad, Peru. The project has substantial historical data showing a total of 13 identified veins and over 210,000 metric tons of tailings. In addition, 210,000 metric tons of tailings contain economically viable grades of gold & silver representing an estimated $26M USD gross revenue ($1500/oz.). The hardrock underground potential for Machacala is estimated between $2-$3bln USD Machacala can begin producing from its 210,000 metric tons of tailings almost immediately.

Affinity's third and newest project, called Cambalache, is in production and generating revenue. Cambalache is a 54 hectare hard rock Pb / Ag / Zn project in Lircay District, Angarares Province, Huancavalica Department, Peru. Historically this area is a high-producing silver district. Though Cambalache is small in land size, the grades and production potential make it a project with impressive economic potential. The Project has three identified veins with an estimated resource potential of 1.35 MT at $542/T = $731.7M in value. Most importantly Cambalache fits a key criteria for Affinity - it is in production and generating revenue.

The Company's development and growth strategy is centered around the fact that near-term production opportunities exist in abundance and can be economically developed in an environmentally conscious and socially beneficial manner.