MAPLE GROVE, Minn., Aug. 9 /PRNewswire-FirstCall/ -- Affinity Gold Corp. (Pink Sheets: AFYG) ("Affinity" or "the Company") is pleased to announce that Mr. Oscar Frias Martinelli has joined the Company as a Strategic Advisor to help lead the development and growth of Company's subsidiary in Peru.
Mr. Frias joins Affinity Gold with over 30 years of operational, managerial and leadership experience having served in numerous capacities within the mining industry in Peru. Mr. Frias' education speaks for itself and demonstrates his level of technical knowledge of the industry.
Mr. Frias Educational Achievements: -- Ph.D. in Mineral Economics (Penn State University, 1995) -- Masters of Science in Mining Engineering (Penn State University,1992) -- Masters in Business Administration (ESAN, 1988) -- Bachelor Degree in Mining Engineering (Catholic University of Peru, 1982).
"We are very pleased to welcome Oscar to the team as he brings a wealth of experience to the company, a passion for developing clean methods of mining and sense of environmental stewardship required for the new overall direction of our company" said Mr. Corey Sandberg, President and CEO of Affinity.
When asked about joining the Affinity team, Mr. Frias stated, "I couldn't be happier. The direction Affinity is going will break the mold of eco-mining as we know it today and that's an exciting story I want to be a part of. " Mr. Frias went on to say, "right now, the mining industry in Peru, and elsewhere around the world, along with the international community as a whole, are demanding a new paradigm for operating that better incorporates the environmental, social, economic and political aspects of mining operations."
Before joining the Company, Mr. Frias was most recently an advisor for Compania Minera San Simon, a Latin American mineral company. During his tenure, Mr. Frias played a key role in expanding the firm's annual gold production to 120,000 ounces.
Mr. Frias also spent four years as General Manager of Corporacion Mineral San Manuel, where he led the exploration, development and production of numerous projects; most notably the Mina Sinaycocha and Mina Cascajal mines.
About Affinity Gold Corp.:
Affinity Gold Corp. is a mineral exploration and development company engaged in the acquisition, exploration and development of gold mineralization properties internationally. Affinity Gold Corp.'s current primary focus is gold exploration in Peru.
Through its 99.99% owned subsidiary AMR Project Peru, S.A.C., Affinity Gold Corp. is the owner of the mining concession title named "AMR Project" covering 500 hectares and the mining concession certificate as evidenced by Certificate No. 7996-2006-INACC-UADA granted to AMR by the Republic of Peru, National Institute of Concessions and Mining Cadastre on December 11, 2006 (the "Mining Concession Rights").
http://www.affinitygold.com/
For further information please refer to the Company's filings with the SEC on EDGAR available at http://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.
Affinity Gold Corp.
CONTACT: Affinity Gold Corp., +1-763-424-4754, info@affinitygold.com
Web Site: http://www.affinitygold.com/
