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Last $0.02 USD
Change Today +0.0015 / 10.00%
Volume 10.0K
AFYG On Other Exchanges
As of 8:10 PM 10/9/15 All times are local (Market data is delayed by at least 15 minutes).

affinity gold corp (AFYG) Snapshot

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52 Week High
10/29/14 - $0.04
52 Week Low
08/31/15 - $0.0030
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affinity gold corp (AFYG) Details

Affinity Gold Corporation is a precious metal and mineral mining company that focuses on the acquisition and development of near-term production opportunities within Latin America. The company operates a hard rock lead, silver, and zinc project in Huancavelica, Peru; and a gold and silver low-sulphidation, epithermal deposit in La Libertad, Peru. It has a strategic relationship with Alicanto Mining Corp. The company was formerly known as Syncfeed, Inc. and changed its name to Affinity Gold Corporation in February 2009. Affinity Gold Corporation is based in Maple Grove, Minnesota.

affinity gold corp (AFYG) Top Compensated Officers

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affinity gold corp (AFYG) Key Developments

Affinity Gold Corp. Provides Update on Cambalache Project in Huancavelica, Peru

Affinity Gold Corp. provided an update on its Cambalache project, a silver (Ag) and lead (Pb) producing, low sulphidation polymetalic lode deposit, located in District of Lircay, Province of Angaraes, Department of Huancavelica to the southeast of Lima, Peru. The project is located at an elevation of 3,466 - 4,790 m.a.s.l. approximately 519 Km from Lima, capital of Peru, via the South-PanAmerican Highway. Since mid February, mine production increased to 13.8 tpd ore and 17 tpd waste while simultaneously focusing on mine development. A goal of reaching a production rate of 30 tpd was estimated to take 6-8 weeks of development while continuing to ore ship. Mine development during this period advanced on Level 555: 25 meter of galleries, 15 meter of raises and winzes, and 45 meter of sublevels for production. On Level 525, 40 meter of gallery was advanced. Total was 125 meter of mine development. In mid March, the first Ag-Pb concentrate sale took place from the February production. A total ore tonnage of 333 tonnes was processed at a third party mill generating 22.6 tonnes of concentrate resulting in a 14.7:1 concentration ratio with grades of 40.2% Pb, 113.7 oz Ag, 12.1% Zn and 6.8% Cu per tonne. The low Pb and Ag values along with the high Zn and Cu grades were attributed to poor plant supervision, principally in reactives added to the ore during processing, later acknowledge by the third-party toll plant manager. During proper supervision on second lot of ore treated at Minpar plant concentrates were generally assaying at 48-55% Pb and 120-165 oz Ag per tonne.

Affinity Gold Corp. Forms Strategic Partnership with Alicanto Mining Corp

Affinity Gold Corp. announced it has formed a strategic partnership with Alicanto Mining Corp. ("Alicanto"), based out of Toronto, Ontario. This partnership and commitment represents another leap forward for Affinity in its effort to build a technical strong and forward-thinking leadership and operational team required for realizing the Company's strategic development and growth objectives for the future. This partnership expands Affinity's local 'on-the-ground' experience and network of trusted and reliable relationships as well as provides access to a vast proprietary database of opportunities to further contribute to Affinity's long-term future success and staying power. Alicanto and Affinity share a vision regarding the opportunities available in the mining sector and are committed to the best social and environmental practices.

Affinity Gold Corp. Announces Engagement of L.L. Bradford & Company as its New Independent Public Accounting Firm

Affinity Gold Corp. announced it has recently appointed L.L. Bradford, LLC as its new independent registered public accounting firm. L.L. Bradford has already begun working on the audits of the Company's financial statements for the fiscal years ending December 31, 2010, 2011, 2012 & 2013. In addition to performing the audits, L.L. Bradford will support the Company in advising on internal controls to strengthen the Company's corporate governance policies and procedures in the US and Peru.


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