Published: February 24, 2026 |

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Affinity Metals has entered into an option agreement to acquire a 100 percent interest in the Discovery Lake property located near Sioux Lookout in the Province of Ontario, Canada.

“We are excited to expand into this area of Ontario, one of Canada’s, and the world’s, most prolific gold mining regions that is renowned for its high-grade gold deposits and having produced more than 30 million ounces of gold to date,” said Rob Edwards, CEO.

“The Discovery Lake property itself has highly prospective underlying geology and is situated within a very active gold producing greenstone belt. The property has great access with additional infrastructure located close by. We look forward to planning the upcoming exploration program and getting boots on the ground,” added Edwards.

The Discovery Lake property is a large strategic land position exceeding 2,500 hectares located within the highly productive NW portion of Ontario. The property lies within the Abram-Minnitaki Lake Greenstone Belt, a very active, high-grade gold-bearing region that is highly prospective for both gold and base metals.

The property is immediately adjacent to Heritage Mining’s Drayton-Black Lake project where recent drilling reportedly intercepted a broad zone of gold mineralization within a thick, well-developed quartz vein system.

Affinity Metals is focused on the acquisition, exploration, and development of strategic metal deposits within North America. The company holds the 100 percent owned Regal high grade silver property located near Revelstoke, British Columbia.

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