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Affinity Metals (TSXV:AFF) reports discovery of high-grade silver zone

Mining
TSXV:AFF
03 June 2021 16:30 (EDT)

Source: Affinity Metals

Affinity Metals (AFF) has reported the results from its fall exploration program at the Regal Project in British Columbia.

Drilling at the property expanded the high-grade silver vein system that Affinity first drilled in 2019 in the Silver Stoke zone, and intersected multiple mineralized areas to the southwest in the Silver Slam zone.

Additionally, surface samples taken in the northwest portion of the property returned a significant new gold-silver discovery, returning 5.16 g/t gold and 17.25 g/t silver.

This discovery is significant as it coincides with a historical soil geochemistry anomaly near the historic Mastodon Mine.

Grab samples near the historic Allco Adit reached grades as high as 3,380 g/t silver, 2.12 per cent zinc, and more than 20 per cent lead, as well as 6.28 g/t gold, indicating that gold is present within that system as well.

Rob Edwards, Affinity’s CEO, commented on the positive results.

“We would like to commend the efforts of our geology and operational teams,” he remarked, “for putting together such a successful program.”

“We are a better company than we were last year at this time,” he added. “Now that we have results in hand, we can structure further exploration with greater certainty and confirmation. We look forward to getting back on the ground and thank our shareholders for their long standing and continuing support of our vision.”

Affinity Metals Corp. is engaged in the acquisition, exploration, and development of strategic metal deposits, including the Regal and West Timmins Gold projects.

Affinity Metals Corp. (AFF) is up 24.00 per cent, trading at $0.155 per share as of 2:25 pm ET.

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