Affinity Metals Corp (TSXV: AFF) acquires, develops, and explores for metal deposits across North America.
The company is focused on advancing the Regal Property in British Colombia, Canada.
Following a corporate restructuring in 2017, the mining firm, formerly known as Acme Resources Inc, rebranded to the present identity. Its trading symbol on TSX Venture from ‘ARI’ to ‘AFF’.
The exploration company has 100 per cent stake in the Regal Project, previously known as Allco Property. The project is located 25-kilometer northeast of Revelstoke in British Colombia. The firm says that the project is situated in favorable location with access to efficient infrastructure, including power plant and TransCanada Highway.
The Regal Property reported hosts multiple veins of high-grade silver, silver-gold bearing structures, and zinc-rich sulfide horizons. The firm claims that new discoveries were made during a diamond drilling project.
In addition, it says that the Regal Silver mine has been operational since 1953. In the following decades, significant developments in the form of cross-cuts and horizontal adits were undertaken at the property, reportedly.
The mineralization structure at the property consists of
The Allco Silver Mine, located in the Regal property, reportedly produced 11 troz gold, 11211 troz silver and 173159 Ibs of lead in past.
Affinity Metals also owns an 100 per cent stake in another mineral property based in Quebec, with claim holdings in the adjoining Windfall Lake Project. This property lies on the eastern part of prolific Abitibi Greenstone Belt, which is reportedly the world’s most potential mining jurisdictions.
It hosts various deposits, including Val-d’Or, Chibougamau, Timmins, Detour Lake, Bousquet, Malartic, Rouyn-Noranda and Larder Lake.
The Windfall Lake Project consists of high-grade resource-stage gold projects with an indicated resources of 2.39 million tons of gold and inferred resources of 10.61 million tons.
Affinity has claims in the north of Windfall Project that lies nine kilometers from Osisko’s Windfall Lake Project.
Osisko is reportedly continuing drilling activities on the Windfall Lake Project with a depth target of 2000 and 1500 meters, respectively.
The mineral exploration company uploads investor related documents, property portfolio and technical reports on the official website.