Affinity Gold Corp. Announces Near-Term Outlook & Objectives
September 26 2013 - 9:38AM
Marketwired
Affinity Gold Corp. (OTC Pink: AFYG) ("Affinity" or "the Company")
announces near-term outlook expecting to demonstrate tremendous
progress over the next 180 days towards becoming a precious metals
producer and begin revealing its long-term value proposition.
In the immediate-term, the Company will continue to focus on
further building an effective leadership team through direct
recruitment, strategic partners and key alliances which will assist
in ensuring Affinity's success of accomplishing its goals and
building substantial shareholder value over time.
Next 180 Days
- Finalize formation of Strategic Advisory Committee composed of
established international industry leaders whose expertise,
guidance and support will help accelerate the company's growth and
ensure its immediate and long-term success.
- Become current and compliant in SEC regulatory filings and
regain OTCQB listing status
- Assist and support Colombia Crest Gold during its due diligence
process on the Machacala project, La Libertad, Peru.
- Establish small-scale production operations on its Machacala
project and on track to reach 300TPD within the 12 months
following.
"This is an exciting time for Affinity as we're so close to
realizing our goal of becoming a precious metals producer. There's
still a tremendous amount of work to be done but we're at a point
where our goals are within reach," stated President & CEO Corey
Sandberg.
About Affinity Gold Corp.: Affinity Gold
Corp. is a mineral exploration and development company engaged in
the acquisition and development of near-term precious mineral
production properties within Peru. Affinity Gold Corp.'s primary
focus is on developing assets that have demonstrated historical
production, contain documented and reliable data and can reasonably
begin producing within 12-18 months at a cost of less than $900 per
gold equivalent ounce.
www.affinitygold.com
For further information please refer to the Company's filings
with the SEC on EDGAR available at www.sec.gov
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.
CONTACT: AFFINITY GOLD CORP. Corey J. Sandberg 763-424-4754
csandberg@affinitygold.com
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