Posted in | News | Gold | Mining Business

Affinity Gold Provides Progress Report

Affinity Gold Corp. (AFYG.pk) has released a corporate update regarding the Company's progress over the previous 45 days as well as a look ahead to the coming months.

Since the prior Corporate Update released on August 18th, the Company has continued to take progressive steps towards meeting the core corporate goals set forth by President and CEO Mr. Corey Sandberg. "I continue to be pleased with the forward progress of Affinity and have become very excited about future opportunities as gold prices continue to make new all-time highs," he said.

On August 25th, the Company announced the appointment of Mr. Robert Miller as the new General Manager of the Company's Peruvian subsidiary. Mr. Miller possesses the management and leadership capabilities to assist in meeting the Company's goal of establishing small-scale alluvial mining operations in Peru.

A return visit to Peru is scheduled for late October in which Mr. Miller will lead Mr. Sandberg and a group of potential business partners from China on a tour of the Company's current and planned sites, which will include multiple stops in southeastern Peru.

The Company is also finalizing details on a mineral sampling program that is intended to be launched in early October. This program is intended to target certain concessions in southeastern Peru that the Company believes have the potential to possess gold mineralizations. The samples are intended to be submitted for assay testing and results are expected to be returned in late October.

Internally, the Company has continued to implement new governance policies at the parent and subsidiary level. Furthermore, on September 1st the Company announced the engagement of Hansen, Barnett, & Maxwell, P.C. as the new independent accounting firm. "I'm pleased to say that we've made the necessary arrangements to begin the work of becoming current in our filings and progress with positioning ourselves for a more favorable listing venue."

"Affinity will continue to place key people in leadership roles going forward. This gives me great confidence that the Company will continue on its path towards a successful future that will benefit our shareholders while having a positive impact on the communities in which we operate," said Mr. Sandberg.

http://www.affinitygold.com

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