Affinity holds a three-year option from Gravel Ridge Resources Ltd. and a private company owned by Perry English to earn a 100% interest in the Northline Gold Property in Ontario's Patricia Mining Division. The property lies about ten kilometres south of the Golden Patricia Mine. Consideration consists of C$99,000 in staged cash and 300,000 shares, and the optionors retain a 1.5% net-smelter-return royalty subject to a 0.5% repurchase right for C$500,000.
- Country
- Canada
- Commodity
- Au
- Stage
- Discovery