Project

regal polymetallic

British columbia
Gold
Silver
Lead
Zinc
Tin
Tungsten
Quick Facts
  • Affinity Metals holds a 100% interest in the Regal Project, situated in the northern end of the prolific Kootenay Arc, approximately 25 km northeast of Revelstoke, British Columbia, Canada.
  • Two drilling programs have returned high-grade mineralization, with results up to 2612 g/t silver.
  • The project is primarily focused on silver, lead, and zinc, with additional potential for gold, tin, and tungsten.
  • Excellent logistics, including road access directly off the Trans-Canada Highway and a nearby main power line.
LOCATION

The Regal Project is located within the northern end of the prolific Kootenay Arc, in the rich mining province of British Columbia, Canada.

01
PROJECT

The Regal hosts two past producing mines, The Regal/Snowflake Mine and the Alllco Mine, and is on trend with the Revel Ridge deposit

02
Promising Results

Affinity has successfully completed two early exploration drill and prospecting programs that have yielded high grade drill and surface sample results and identified multiple distinct mineralized zones.

03

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 website.

Geophysics

Prior to the property acquisition, an extensive airborne geophysical survey (ZTEM and Aeromagnetic) conducted by Geotech Ltd. of Aurora, Ontario, for Northaven Resources Corporation outlined 4 well defined high potential target zones within the Regal Property. This survey also defined a curvilinear EM trend in excess of 8 kilometres running northwest through the Regal Property and connected several historical showings and the Mastodon mine with the Revel Ridge deposit, 2.5 kilometres to the north.

Rediscovering
The Allco Silver Region

The Historic ALLCO Silver Mine is situated 6.35 Kilometers northwest of the above described Snowflake/Regal Mine(s). The ALLCO Silver Mine operated from 1936-1937 and produced 213 tonnes of concentrates containing 11 troy ounces of gold (1.55 g/t), 11,211 troy ounces of silver (1,637 g/t) and 173,159 lbs of lead (36.9%).

When Affinity first took over the project, the ALLCO Historic Silver Region quickly became a top priority target. Preliminary surface results pointed to an extensive mineralized system that the maiden drill program would target. In the first drill season, the company made a remarkable discovery highlighted in the ALLCO by a 11.10 meter interval of 143.29 g/t silver including 0.55 meter interval of 2612.0 g/t Silver.

2019: ALLCO Drill Results

Hole #
From (m)
To (m)
Interval (m)
Ag g/t
Cu %
Pb %
Zn %
RP-19-01
28.67
29.09
0.42
106.00
0.06
0.33
0.01
RP-19-01
105
106
1.00
28.72
0.10
0.05
0.09
RP-19-01
48.70
48.77
0.07
171.00
0.05
1.24
0.46
RP-19-04
38.64
41
2.36
214.13
0.14
2.60
2.67
including
38.64
40.32
1.68
1.88
0.08
0.25
0.16
and
40.32
41
0.68
588.63
0.30
8.41
8.87
RP-19-05
40.25
43.00
2.75
29.74
0.02
0.02
0.01
RP-19-05
44.75
45.51
0.76
50.80
0.02
0.25
1.64
RP-19-05
56.33
56.78
0.45
26.16
0.00
0.89
0.91
RP-19-06
39.26
43.29
4.03
29.53
0.08
0.13
7.38
including
42.00
42.62
0.62
17.90
0.04
0.02
4.12
and
42.62
43.29
0.67
130.00
0.40
0.41
40.14
RP-19-06
49.72
50.57
0.85
129.02
0.03
0.04
0.32
RP-19-07
38.37
39.27
0.90
182.00
0.13
0.30
0.32
RP-19-07
43.70
46.51
2.81
49.21
0.02
0.34
0.78
including
45.10
46.25
1.15
91.92
0.02
0.71
1.68
RP-19-07
56.61
57.42
0.81
98.60
0.01
2.42
2.45
RP-19-08
45.44
45.94
0.50
20.64
0.00
0.46
0.01
RP-19-08
47.84
52.27
4.43
111.96
0.09
0.23
0.29
including
49.24
51.12
1.88
238.20
0.19
0.51
0.50
RP-19-08
57.51
58.52
1.01
45.70
0.00
0.05
0.03
RP-19-08
67.86
68.05
0.19
85.24
0.00
1.21
0.11
RP-19-08
82.46
82.66
0.20
11.39
0.02
0.32
0.01
RP-19-08
84.82
85.02
0.20
568.00
0.55
0.08
0.18
RP-19-09
44.41
46.62
2.21
28.70
0.02
0.15
0.13
RP-19-09
46.62
48.70
2.08
31.70
0.02
0.47
1.12
RP-19-09
48.70
49.76
1.06
6.88
0.00
0.14
0.32
RP-19-10
61.00
72.10
11.10
143.29
0.04
0.62
0.50
including
61.00
67.81
6.81
230.84
0.07
0.94
0.66
including
61.00
61.31
0.31
122.00
0.03
4.18
5.04
and
62.72
63.27
0.55
2612.00
0.66
6.00
2.89
Grab Sample results

The Corporation received assay results for all 22 rock samples collected in September 2019 from the Black Jacket and Allco areas of the property. Of the 22 grab samples collected from surface outcrops, the majority contained bonanza grade silver, zinc, and lead with many samples reaching assay over-limits.

Expanding
The Allco Silver Region

The 2020 drill program resulted in the expansion of the high grade silver vein system first drilled by Affinity in 2019 (“Silver Stoke”), and also intersected multiple mineralized horizons 320m to the southwest (“Silver Slam”): silver-gold bearing base metal veining, and a zinc rich massive sulphide horizon.  

These intersections show the potential for gold mineralization on the Regal property in the vicinity of the historical Allco workings.  The sulphide mineralization and the structural and lithological setting shows similarities to the Revel Ridge deposit located 7 km along strike to the northwest. Additionally, surface sampling returned a significant new gold-silver discovery in the northwest portion of the property.

Silver Stoke Zone
Following up on the maiden discovery, the 2020 program continued successful drilling of the 2019 high grade silver vein discovery in the Allco region of the property, with RP-20-06 Intersecting 0.75 m at 651.0 g/t Ag, 7.52 % Pb, and 3.59 % Zn (1005.82 g/t AgEq).

2020: ALLCO Drill Results- Silver Stoke Zone

Hole #
From (m)
To (m)
Interval (m)
Au g/t
Ag g/t
Cu %
Pb %
Zn %
AgEq g/t
RP-20-02
89.95
95.00
5.05
0.016
106.22
0.07
0.65
0.92
164.52
including
91.50
92.50
1.00
<0.005
204.00
0.17
0.17
0.11
231.58
-
94.25
94.75
0.50
0.128
276.00
0.12
5.26
7.77
706.66
RP-20-03
103.46
108.20
4.74
0.004
17.36
0.01
0.19
0.19
30.55
including
104.51
105.25
0.74
0.015
46.40
0.03
0.69
0.85
98.47
RP-20-05
94.38
97.72
3.34
0.006
133.01
0.11
0.42
0.76
182.88
including
94.38
95.74
1.36
<0.005
232.00
0.19
0.18
0.18
264.44
-
97.55
97.72
0.17
0.109
146.00
0.10
4.65
10.05
639.40
RP-20-06
98.81
106.57
7.76
0.038
95.84
0.04
1.01
0.67
153.42
including
100.40
101.70
1.30
0.149
127.00
0.07
0.46
0.71
182.59
-
105.10
105.85
0.75
0.119
651.00
0.28
7.52
3.59
1005.82
RP-20-07
149.95
151.96
2.01
0.100
12.98
0.02
0.26
0.38
42.01
including
151.36
151.96
0.60
0.188
28.50
0.04
0.86
1.26
112.79
RP-20-08
83.49
94.95
11.46
0.010
72.38
0.05
0.30
0.25
94.78
including
85.95
86.30
0.35
0.033
623.00
0.50
0.46
0.35
705.68
-
88.50
89.51
1.01
0.028
383.00
0.29
1.00
0.15
447.49
-
92.16
92.43
0.27
0.058
358.50
0.26
1.79
2.24
516.33
-
94.39
94.72
0.33
0.051
36.90
0.11
0.97
3.53
203.11
RP-20-09
96.10
101.69
1.64
0.004
6.56
0.01
0.04
1.59
0.66
RP-20-10
81.25
86.46
5.21
0.004
46.23
0.04
0.17
0.39
68.54
including
85.45
86.04
0.59
0.013
124.00
0.10
0.23
0.65
164.98
and
86.67
88.80
2.13
0.018
32.25
0.01
0.36
1.01
80.06
including
86.67
88.02
1.35
0.020
35.80
0.01
0.41
1.31
95.73
and
96.10
96.95
0.85
0.772
95.70
0.03
0.58
0.23
175.23
RP-20-11
84.15
90.49
6.34
0.005
63.97
0.05
0.17
0.43
89.52
including
85.48
86.18
0.70
0.025
264.00
0.21
0.22
0.74
321.60
-
86.18
86.60
0.42
0.009
153.00
0.12
0.20
0.08
174.86
-
88.00
89.79
1.79
<0.005
70.10
0.05
0.39
0.91
117.77
and
91.10
92.43
1.33
<0.005
11.70
0.00
0.28
0.53
38.04
-
114.53
116.40
1.87
0.177
53.62
0.07
0.71
0.55
110.93
including
114.53
115.04
0.51
0.352
65.70
0.02
0.92
0.56
135.28
and
116.09
116.40
0.31
0.355
212.00
0.37
2.74
2.15
423.89
RP-20-12
88.00
91.25
3.25
0.012
62.45
0.03
0.11
0.19
76.12
including
89.81
90.31
0.50
0.064
345.00
0.14
0.67
1.02
418.16
and
98.95
110.49
11.54
0.010
35.12
0.04
0.04
0.15
46.40
including
99.85
100.38
0.53
0.110
685.00
0.79
0.31
0.63
811.77
and
129.70
130.21
0.51
0.186
71.70
0.13
1.02
0.69
149.16
-
142.90
143.45
0.55
0.054
42.65
0.03
1.67
0.33
103.42
RP-20-13
110.90
113.00
2.10
<0.005
14.57
0.03
0.03
0.66
42.10
**True widths of intervals are unknown
Silver equivalent formula: AgEq= Ag + (70.01844*Au)+ (112.5689*Cu) + (24.85204*Pb) + (35.73973*Zn)
AgEq equation uses Au, Pb, Cu, and Zn concentrations and assumes 100% metallurgical recovery.

Silver Slam Zone
The 2020 drill program featured a new discovery of a high-grade silver vein with up to 1.2 g/t Au. Hole RP-20-17 intersected 12 g/t Ag (499.91 g/t AgEq) over 4.54 m. Multiple drill intersections of a strata-bound massive sulphide replacement horizon, with an average intersection thickness of 1.0 m and average grades of 383.91 g/t AgEq, was intersected in holes RP-20-14 through RP-20-19.

A total of 788 m of drilling at Silver Slam (RP-20-14 to RP-20-19) targeted at depth high-grade silver-zinc veins previously sampled on surface in 2019. These holes intersected the high-grade silver base metal veins, and a previously unknown strata-bound massive sulphide replacement horizon. Both mineralized features contain low grade gold.  RP-20-15 and RP-20-17 intercepted an upper zone of high-grade Pb-Zn-Ag-Au veining, with RP-20-17 intercepting 0.90 m of 0.88 g/t Au, 1,468 g/t Ag, 14.76 % Pb and more than 12.30 % Zn*. Intersections of the zinc rich strata-bound massive sulphide replacement horizon averaged 1.0m in the 6 drill holes.  This horizon is parallel to regional foliation and is still open in both directions along strike and at depth with drilling thus far indicating it may thicken to the northwest.

2020: ALLCO Drill Results- Silver Slam Zone

Hole #
From (m)
To (m)
Interval (m)
Au g/t
Ag g/t
Cu %
Pb %
Zn %
AgEq g/t
RP-20-14
114.30
116.40
2.10
0.013
6.13
0.04
0.01
2.47
100.39
including
114.30
114.66
0.36
0.045
12.75
0.10
0.01
13.80
521.09
RP-20-15
45.11
47.35
2.24
0.425
77.52
0.04
1.58
*7.89
*433.30
including
45.71
46.13
0.42
1.285
363.00
0.17
7.60
>30.00
*1733.18
and
100.00
101.10
1.10
0.209
11.92
0.09
0.01
18.21
688.02
RP-20-16
95.60
96.66
1.06
0.080
60.89
0.09
0.08
14.82
608.79
RP-20-17
40.26
44.80
4.54
0.181
304.12
0.03
3.18
2.81
499.91
including
42.70
43.60
0.90
0.882
1468.11
0.16
14.76
12.30
2354.01
and
95.31
96.42
1.11
0.286
23.22
0.12
0.02
9.96
412.67
RP-20-18
92.39
93.28
0.89
0.451
54.11
0.09
0.05
12.90
558.19
RP-20-19
77.75
78.26
0.51
0.146
112.00
0.16
0.03
0.85
170.82
-
84.40
85.40
1.00
0.283
19.86
0.12
0.01
0.08
55.78
*Values of 20% Pb and/or 30% Zn are used in calculations where over-limit values were encountered
**True widths of intervals are unknown
Silver equivalent formula: AgEq= Ag + (70.01844*Au)+ (112.5689*Cu) + (24.85204*Pb) + (35.73973*Zn)
AgEq equation uses Au, Pb, Cu, and Zn concentrations and assumes 100% metallurgical recovery.
Click to expand
Rediscovering
The Regal silver Mine

The Regal Silver Mine has a rich and varied history, with limited production recorded up to 1953. The mine features extensive development, including over 6,700 meters of horizontal adits, cross-cuts, and raises across ten levels, spanning a vertical range of approximately 305 meters from the No. 1 level at 1,693.6 meters elevation down to the No. 10 level at 1,388.7 meters elevation.

Mineralization within the mine includes galena, sphalerite, pyrite, tetrahedrite, cassiterite, stannite, scheelite, and various silver minerals in a quartz-carbonate matrix found in fracture zones. These zones present as a series of sub-parallel, structurally controlled veins, trending northwest and dipping northeast. The veins, which range in width from 0.3 to 9.1 meters with an average width of about 2.44 meters, dip at angles from 65° near the surface to nearly 25° at 300 meters depth.

2019: REGAL Drill Results

Hole #
From (m)
To (m)
Interval (m)
Ag g/t
Cu %
Pb %
Zn %
RP-19-11
9.14
9.38
0.24
13.24
-
0.73
0.03
RP-19-11
11.14
15.79
4.65
12.23
-
0.32
0.36
Including
15.35
15.79
0.44
52.47
-
1.20
2.89
RP-19-11
58.44
59.87
1.41
24.85
0.01
2.77
0.25
RP-19-12
7.32
7.62
0.30
40.02
-
0.69
0.02
RP-19-12
11.20
11.80
0.60
39.64
-
0.95
0.25
RP-19-12
11.93
13.02
1.09
35.90
0.01
0.89
0.79
RP-19-12
13.80
17.77
3.97
26.00
-
0.59
0.25
Including
13.80
16.17
2.37
39.78
-
0.92
0.30
RP-19-12
60.18
60.70
0.52
12.28
-
007
0.96
RP-19-13
13.76
17.41
3.65
25.38
-
0.58
0.48
Including
16.91
17.41
0.50
102.21
-
1.87
0.28
RP-19-13
18.57
19.05
0.48
17.90
0.01
0.71
0.22
RP-19-14
10.89
11.18
0.29
15.44
0.02
1.24
1.64
RP-19-14
12.28
12.84
0.56
60.81
-
0.25
0.21
RP-19-14
12.99
13.34
0.35
19.83
0.03
0.54
0.47
RP-19-14
13.49
13.82
0.33
13.28
-
0.35
0.96
RP-19-14
13.93
14.22
0.29
20.02
-
1.32
0.53
RP-19-14
16.04
16.31
0.27
33.00
-
1.65
1.01
RP-19-15
14.88
15.38
0.50
43.86
-
0.38
0.68
RP-19-16
11.30
11.88
0.58
12.37
0.01
0.91
0.55
RP-19-16
13.07
13.80
0.73
31.23
-
0.92
0.46
RP-19-16
14.48
15.32
0.84
41.88
-
0.62
0.44
RP-19-16
16.88
17.80
0.92
23.84
-
1.40
0.56
RP-19-16
28.13
28.29
0.16
4.99
0.02
0.02
2.21
RP-19-17
7.01
7.16
0.15
1,360.00
0.01
19.67
0.21
RP-19-17
10.94
11.69
0.75
62.32
-
2.78
0.19
RP-19-17
14.64
15.47
0.83
19.82
-
0.52
0.36
RP-19-18
12.12
13.41
1.29
6.88
-
2.66
0.53
Including
12.12
12.94
0.82
0.32
-
4.02
0.53
RP-19-18
15.97
18.53
2.56
48.31
-
0.33
1.43
Including
15.97
17.41
1.44
70.50
0.01
0.37
2.52
RP-19-18
19.92
20.52
0.60
13.02
0.04
1.15
0.76
RP-19-19
6.00
7.00
1.00
12.81
-
2.38
0.22
Including
6.00
6.30
0.30
27.27
0.01
7.13
0.13
RP-19-19
12.13
17.68
5.55
68.42
-
0.46
0.39
Including
15.82
17.68
1.86
134.00
-
1.17
0.78
RP-19-19
29.91
30.42
0.51
13.35
0.02
1.22
0.89
RP-19-20
6.15
6.65
0.50
30.83
0.01
1.75
0.13
RP-19-20
7.60
8.32
0.72
22.88
-
0.50
0.19
RP-19-20
12.01
12.68
0.67
46.47
0.01
0.67
0.49
RP-19-20
15.27
16.36
1.09
33.37
-
0.48
0.43
RP-19-20
17.29
18.68
1.39
21.51
-
0.34
0.62
RP-19-20
28.08
31.17
3.09
58.78
-
0.35
0.33
including
29.52
30.22
0.70
214.00
-
0.34
0.19
RP-19-21
9.05
9.56
0.51
37.45
-
0.58
0.02
RP-19-21
12.98
13.82
0.84
17.29
0.01
0.47
0.79
RP-19-21
15.89
17.27
1.38
39.77
-
1.55
0.70
including
15.89
16.57
0.68
76.50
-
3.07
0.31
and
17.00
17.27
0.27
1.84
-
0.06
2.27
RP-19-21
30.40
30.54
0.14
46.83
-
0.31
0.16
RP-19-21
31.82
32.82
1.00
61.10
0.01
3.39
1.49
RP-19-21
72.01
72.26
0.25
77.11
-
0.62
0.02

Quality Assurance and Quality Control Procedures
The Company employed a QA/QC program that was managed by a qualified person during the entire drill program. Blanks, duplicates (both pulp splits and 1/4 core), and two certified standard reference materials were used. These QA/QC samples were inserted at a rate of 1 every 10 to 15 samples. MSA Labs processed and completed all analytical work at their facility in Langley, BC. Samples were analysed by the following methods, as appropriate, to determine grades: ICP-130 35 element two acid digestion with ICP-AES finish, IMS-130 51 element two acid digestion with ICP-AES/MS finish, FAS-418 Ag 30g fire assay with gravimetric finish, determination of Ag, Cd, Pb, W, and Zn with four acid digestion and ICP-AES finish, determination of Pb and Zn by titration, and determination of Sn by Sodium Peroxide fusion with ICP-OES finish.

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