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Two Properties to Consider as the Precious Metals Market Heats Up - PART 1

Featured Submission, Featured Submission
3 Comments| November 25, 2021

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Click to enlarge
(Source: Affinity Metals)


As the gold and silver markets look to arise from correction, we would like to bring your attention to Canadian precious metal explorer, Affinity Metals Corp. (TSX-V: AFF, OTCBB: ARIZF, Forum). The company has 2 compelling early-stage properties that investors should be considering as the market strengthens. It is an exciting time for investors looking at this sector. Whether you’re a gold bug or a generalist investor, precious metals are making their way back into the mainstream investment spotlight.

As the market did in the summer of 2020, the junior exploration sector follows price improvements in precious metal prices with a little bit of a lag. This allows for investors to still position themselves for the next leg up. Many analysts are calling for gold to push to new highs before the end of the year, and into Q1 of 2022. Affinity Metals is a company that has experienced draw backs in the share price during this prolonged correction, so investors should take into consideration the potential of the Company’s current valuation in regard to the quality assets it holds.


Windfall North

The Company holds a strategically located project in one of the world’s top mining jurisdictions. The property consists of 96 mineral tenures spanning 5143.15 hectares and straddles the very prospective main lithological contact and structural trend along strike to the northeast from Osisko’s rapidly growing Windfall Lake deposit within the prolific Abitibi Greenstone Belt in Quebec, Canada. The known geological considerations for the property’s potential are the Windfall and Romeo faults.

Osisko Mining (OSK:TSX) has had a busy year so far as they complete a 1.5-million-meter drill program, almost desensitizing investors to the bonanza grade results that have been routinely released.


(Source: Affinity Metals. Click image to enlarge)

The Windfall fault, which is interpreted to represent the ductile level root feeder system that plumbs and controls the location of Osisko’s Windfall deposit model, is interpreted to continue northeast into Affinity’s Windfall North claim holdings along strike where it diverges into two separate structural traces and subducts beneath the granitic pluton.

One of the most important regional developments is the discovery of the Golden Bear zone to the north of the current Windfall resource area, with the initial discovery hole (UB-21-132) intercepting 6.7 meters of 63.6 grams per tonne gold. Osisko has since released more intercepts from this large step-out target to the market, confirming the initial discovery hole. So far, follow up drilling at the Golden Bear has yielded exceptional results, with 22 intercepts coming in at an average length of 1.8 meters at an average grade of more than 15 grams per tonne gold.

Osisko is currently turning their attention from infill drilling at the Windfall in preparation for an updated resource calculation and preliminary economic assessment, to the early-stage discovery of several targets on the property

In an Interview with Kitco Investment Trends, Osisko CEO John Burzynski makes the following remarks in regard to their understanding of the underlying geological setting at a regional scale.

"What that tells us is that Windfall isn’t a singularity, we expect to find a number of these deposits… Really, what we think we have going on there is not just Windfall, but a bunch of Windfalls (as he holds up two gold bars)."

For Affinity Metals and its shareholders this provides encouraging validation for the optimism that management has for the property. From discussions with the company, the developments south of their property line have put the project into focus as they prepare for a busy spring exploration season. With the same faulting systems that under tone the world class Windfall deposit and newly discovered Golden Bear, Affinity Metals plans for exploration are taking form as their geology team prepares for their maiden program on the property.

(Source: Affinity Metals. Click image to enlarge)


A 50,000-meter drill program is underway at the Golden Bear and surrounding areas. The following excerpt is from Osisko’s Sept. 14th release, where you can find additional drill hole intercepts and detailed information.

Osisko Mining Chief Executive Officer John Burzynski commented:

“Golden Bear is shaping up to be a potentially significant discovery, displaying in this early drilling the type of grades and widths we typically seen at Windfall. The new intercepts from D1, D2 and D3 have returned very respectable high-grade values. Visually these zones look similar to the Windfall mineralized zones, and we believe the Golden Bear mineralization occurred contemporaneously. The whole team is excited and we’ve begun applying the lessons we learned from Windfall over the past five years to Golden Bear, as we start to determine the scale of this new center of mineralization.”

"Three drills have now been assigned to Golden Bear to explore along strike and up and down plunge, with more planned to join as the infill program at Windfall reaches completion."

This is a reminder that the main 6-million-ounce Windfall resource base is just part of the regional potential and specifically for Affinity Metals, who’s claims are strategically positioned directly along the Windfall and Romeo faults. The land between the Windfall and Romeo faults has provided a company maker deposit for Osisko Mining and with the aggressive nature of the exploration to the north, it would be wise to look at the potential for continuity on Affinity’s Windfall North property.

With 47 million shares outstanding, this may well be a great time to take a closer look at investing in Affinity Metals.


To find out more about this Company, visit affinitymetals.ca.

Or contact them directly at info@affinity-metals.com


(Year-to-date stock chart Jan 2021 – Nov 2021. Click image to link to chart)


Find out more about the Company at affinitymetals.ca.


FULL DISCLOSURE: This is a paid article produced by Stockhouse Publishing.


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