Affinity Gold Corp. Announces Assay Results
October 06 2009 - 1:00AM
PR Newswire (US)
MAPLE GROVE, Minn., Oct. 6 /PRNewswire-FirstCall/ -- Affinity Gold
Corp. (OTC:AFYG) (BULLETIN BOARD: AFYG) ("Affinity" or the
"Company") announces assay results from samples taken to date from
the Company's alluvial gold project in San Gaban - Carabaya, Puno,
Peru. "We are absolutely thrilled about the results of our sampling
and assay testing so far and continue to believe the results
support our belief that the San Gaban - Carabaya, Puno, Peru
project has the potential of becoming a world-class alluvial
gold-producing mine in the near future," says CEO & President
Mr. Antonio Rotundo. Highlights: -- Approximately 10 to 15% of the
property has been tested and sampled. -- In addition to the very
positive indications of gold content, the assay results also
indicate considerable levels of silver. The Company has yet to
conduct metallurgical testing. -- A limited number of test pits and
sampling on other parts of the property have been positive for
coarse gold. We have not produced or sampled gold concentrate from
these pits. We will continue to sample all of the property owned by
the company. -- We are currently sourcing additional mobile
equipment, as well as mineral processing equipment to maximize the
amount of gold concentrate produced. -- The Company is currently in
the process of producing a 43-101-compliant Technical Report. Assay
Results: -- Four (4) gold concentrate assays ranged from 11.997 to
25.019 ounces per tonne -- Five (5) gold concentrate assays ranged
from 47.04 to 75.48 ounces per tonne -- Two (2) gold concentrate
assays were 7.372 and 120.956 ounces per tonne -- Two (2) assays of
gravel grab samples were .005 and .015 ounces per tonne -- Three
(3) assays from the Knelson Concentrator Powder ranged from .292 to
2.156 ounces per tonne -- One (1) assay taken from top end of
property near the Rio Rinchero River returned .348 ounces per tonne
-- One (1) assay of material grab sample taken from the vibratory
sluice (prior to going through wash plant) returned an assay of
.088 ounces per tonne -- Seven (7) composite check assays ranged
from 1.52 to 4.304 ounces per tonne For further information please
refer to the Company's filings with the SEC on EDGAR available at
http://www.sec.gov/. About Affinity Gold Corp.: Affinity Gold Corp.
is a mineral exploration and development company engaged in the
acquisition, exploration and development of gold mineralization
properties internationally. Affinity Gold Corp.'s current primary
focus is gold exploration in Peru. http://www.affinitygold.com/
FORWARD-LOOKING STATEMENTS This news release may include
"forward-looking statements" regarding Affinity Gold Corp., and its
subsidiaries, business and project plans. Such forward-looking
statements are within the meaning of Section 27A of the Securities
Act of 1933, as amended, and section 21E of the United States
Securities and Exchange Act of 1934, as amended, and are intended
to be covered by the safe harbor created by such sections. Where
Affinity Gold Corp. expresses or implies an expectation or belief
as to future events or results, such expectation or belief is
believed to have a reasonable basis. However, forward-looking
statements are subject to risks, uncertainties and other factors,
which could cause actual results to differ materially from future
results expressed, projected or implied by such forward-looking
statements. Affinity Gold Corp. does not undertake any obligation
to update any forward-looking statement, except as required under
applicable law. DATASOURCE: Affinity Gold Corp. CONTACT: Affinity
Gold Corp., +1-763-424-4754, Web Site: http://www.affinitygold.com/
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