ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Affinity Metals Provides Update on Regal Project Drill Results

By: Newsfile

Vancouver, British Columbia--(Newsfile Corp. - April 9, 2021) -  Affinity Metals Corp. (TSXV: AFF) ("Affinity") ("the Corporation") reports that assay results have been received for the late fall 2020 Regal Project drill program however, upon initial examination of those results, it was discovered that significant cross-contamination appears to have occurred in the assaying process.

Affinity, as standard practice, employed a system of QA/QC which included inserting blanks, standards and duplicates periodically mixed with drill core samples in order to detect any potential assaying errors. In this instance, some of our quality control blanks and standards are showing erroneous significantly elevated levels of silver, lead, zinc and other elements, which is indicating cross-contamination and a problem somewhere in the assaying procedure.

The assay laboratory has been contacted and will be remedying the situation by re-running assays. Assay results will be released in due course.

Regal Project

The Regal property encompasses 8,800 hectares of the northern end of the prolific Kootenay Arc located approximately 25 km northeast of Revelstoke, British Columbia, Canada.

The late fall 2020 exploration program consisted of geological mapping and associated geochemical sampling, as well as diamond drilling of 19 holes totaling 3,442.5 meters.

Qualified Person

The Qualified Person for the Regal Project for the purposes of National Instrument 43-101 is Alicia Carpenter, P.Geo. She has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

About Affinity Metals

Affinity is focused on the acquisition, exploration and development of strategic metal deposits within North America. Affinity is following a hybrid approach of combining the advancement of strategic assets along with following a Project Generator model.

Affinity presently holds two mineral properties in British Columbia as well as five properties located near Timmins, Ontario, and another in Quebec.

On behalf of the Board of Directors

Robert Edwards, CEO and Director of Affinity Metals Corp.

The Corporation can be contacted at: info@affinity-metals.com

Information relating to the Corporation is available at: www.affinity-metals.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/79915

Recent Quotes

View More
Symbol Price Change (%)
AMZN  216.82
+0.00 (0.00%)
AAPL  262.52
+0.00 (0.00%)
AMD  202.07
+0.00 (0.00%)
BAC  50.30
+0.00 (0.00%)
GOOG  303.45
+0.00 (0.00%)
META  667.73
+0.00 (0.00%)
MSFT  405.20
+0.00 (0.00%)
NVDA  183.04
+0.00 (0.00%)
ORCL  152.37
+0.00 (0.00%)
TSLA  405.94
+0.00 (0.00%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.