Affinity Metals Withdraws from Carscallen Extension Property Option Agreement

Vancouver, British Columbia--(Newsfile Corp. - June 3, 2021) - Affinity Metals Corp. (TSXV: AFF) (OTC: ARIZF) (FSE: 34IA) ("the Corporation") ("Affinity") reports that it has withdrawn from the Carscallen Extension property option agreement and no longer holds any interest in that property.

After a thorough evaluation of initial exploration results as well as observing the latest exploration developments on the neighboring Melkior Resources Carscallen project, and consistent with the Corporation's Project Generator model and philosophy, Affinity management decided that resources would be better allocated elsewhere rather than incurring forward cash and share payments and conducting additional grass roots exploration at the Carscallen Extension.

About Affinity Metals

Affinity Metals is focused on the acquisition, exploration and development of strategic metal deposits within North America.

The Corporation's flagship project is the Regal located near Revelstoke, British Columbia, Canada.

The Corporation also holds additional mineral properties in both Ontario and Quebec, Canada.

Travis Steinke, Corporate Development Manager, can be contacted at info@affinity-metals.com

Additional information about the Company is available at: www.affinity-metals.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/86327