Symbol: AFYG - Pinksheets

Maple Grove, Minnesota - August 16 ^th , 2013 - Affinity Gold Corp. (AFYG.pk) ("Affinity" or "the Company") is pleased to announce it has entered into a Letter of Intent with Colombia Crest Gold Corp. ("Colombia Crest") (TSX-V: CLB; Pink Sheets: ECRTF; Frankfurt: EAT) giving Colombia Crest the right to earn a to earn a 30% interest in Affinity's Peruvian gold-silver project, Machacala, in exchange for an investment of one million five hundred thousand dollars (US$1,500,000).

"This marks an important step for Affinity's future representing far more than just funding for our Machacala project. This marks the beginning of a strategic relationship with a tremendously reputable and experienced management and technical team relevant to Affinity's future plans and success. Furthermore, this validates Affinity's vision set out more than two years ago to become a precious metals producer challenging the status quo by focusing only on near-term production opportunities," stated President and CEO, Corey Sandberg.

According to the terms of the Letter of Intent, Colombia Crest has the option to earn an undivided thirty percent (30%) legal and beneficial interest in and to Machacala Project in exchange for a total capital investment of one million five hundred thousand dollars ($1,500,000) over the course of twelve (12) months following the signing of the Definitive Agreement. The terms and schedule of the capital investment are as follows, subject to modification with mutual consent of the parties:

1. $10,000 upon execution of this Letter of Intent;
2. $40,000 cash payment, 250,000 common shares and 250,000 warrants of the Company, both priced in accordance with TSX Guidelines upon execution of a Definitive Agreement, which will be not more than 120 days after executing this Letter of Intent;
3. $250,000 within six (6) months from execution of Definitive Agreement for which proceeds are to be used towards development and production expenditures on the mine tailings;
4. $1,200,000 additional over the 12 months following the execution of the Definitive Agreement for which proceeds are to be used towards accelerating production.

After the US$1.5 million expenditure, Colombia Crest will have earned a 30% interest in Machacala Project and a Joint Venture arrangement will be formed between Colombia Crest, Affinity Gold Corp and Corizona Mining Partners, LLC.

1. Colombia Crest will receive 75% of net proceeds from the production at Machacala until full $1.5 million of investment capital is recovered. 
2. Upon Colombia Crest recovering its full $1.5 million capital invested the net revenue percentages will revert to: 30% to Colombia Crest, 30% to Affinity and 40% Corizona Mining Partners, LLC.
3. All future capital costs will be divided 30% Colombia Crest, 30% Affinity Gold Corp and the balance 40% Corizona Mining Partners, LLC.

The project is a low-sulphidation epithermal gold-silver-copper deposit located in the District of Carabamba, province of Julcan, La Libertad region to the North of Peru, at an elevation of 3,300 masl. The property is approximately 110 miles southeast of the city of Trujillo, capital of the region, and 574 Km of Lima, capital of Peru.

• Project was most recently explored by Gold Hawk Resources and Meridian Gold between 1997 and 2004 with a total of 8,500m in 45 core and RC drill holes completed.
• Mine has multiple low sulphidation epithermal Au-Ag veins on property of which thirteen (13) have been identified and four (4) have been only modestly exploited where average grades are estimated to be 5 g/T Au and 155 g/T Ag.
• In 2004, Gold Hawk Resources, Inc. estimated a total inferred resource of over 1,560,000 tons with a gold equivalent of 420,000 ounces for the overall project. ( Gold Hawk, 2004 )
• 210,000 metric tons of tailings with grades estimated at 1.34 g/T Au and 56.36g/T Ag ( Gold Hawk, 1997 )
• Metallurgical studies show 85%+ Au, 50%+ Ag recoveries in 24 hrs. leaching of un-milled tailings. Re-milling (-400 mesh) shows ability to increase recoveries to 90% Au, 73% Ag in 24 hrs. leaching ( Corizona, 2012 )

Colombia Crest Gold Corp. is focused on systematically exploring, developing and monetizing promising new gold projects in the Americas. The Company is currently carrying on exploration programs at the Fredonia and Venecia projects where it has optioned over 15,000 hectares located approximately 40 km south of the city of Medellín, in Antioquia Province. The properties are positioned within the Middle Cauca Belt, the most prolific gold belt in Colombia with more than 500 years of gold mining history and several new gold discoveries.

About Affinity Gold Corp.:
Affinity Gold Corp. is a mineral exploration and development company engaged in the acquisition and development of near-term precious mineral production properties within Peru. Affinity Gold Corp.'s primary focus is on developing assets that have demonstrated historical production, contain documented and reliable data and can reasonably begin producing within 12-18 months at a cost of less than $900 per gold equivalent ounce.

www.affinitygold.com

For more information, please contact:
Corey J. Sandberg
President & CEO
Office: 763-424-4754
E-mail: csandberg@affinitygold.com

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.

Symbol: AFYG - Pinksheets

Maple Grove, Minnesota - September 19 ^th , 2013 - Affinity Gold Corp. (AFYG.pk) ("Affinity" or "the Company") is pleased to announce it has entered into the Definitive Option Agreement with Corizona Mining Partners, LLC ("Corizona") to develop, and earn a 60% interest in, its 966-hectare low sulphidation epithermal gold and silver project called "Machacala" ("Machacala").

"We have moved past the LOI stage representing a major turning point for Affinity and demonstrating clear progress and direction towards becoming a producer. We have set out to achieve something uncommon among the juniors - become a revenue-generating company - and we're starting to get some attention. The Machacala project is planned to be the first of a portfolio of near-term production precious mineral assets in Peru the Company intends to develop through its strategic relationship with Corizona," stated President and CEO, Corey Sandberg. Mr. Sandberg further stated, "along with our progress towards becoming a producer, we have begun to make strides in other areas as well which aim to better position the company for future success and increased shareholder value. This is an exciting time for Affinity as all that we have been working on for the last few years is now starting to come to fruition."

The project is a low-sulphidation epithermal gold-silver-copper deposit located in the District of Carabamba, province of Julcan, La Libertad region to the North of Peru, at an elevation of 3,300 masl. The property is located approximately 110 miles southeast of the city of Trujillo, capital of the region, and 574 Km of Lima, capital of Peru, in a mining-friendly area. The Machacala project has had extensive exploration and mining activity completed in the past - even today, artisanal miners continue to actively leach tailings from prior mining activities.

• Project was most recently explored by Gold Hawk Resources and Meridian Gold between 1997 and 2004 with a total of 8,500m in 45 core and RC drill holes completed.
• Mine has multiple low sulphidation epithermal Au-Ag veins on property of which thirteen (13) have been identified and four (4) have been only modestly exploited where average grades are estimated to be 5 g/T Au and 155 g/T Ag.
• In 2004, Gold Hawk Resources, Inc. estimated a total inferred resource of over 1,560,000 tons with a gold equivalent of 420,000 ounces for the overall project. ( Gold Hawk, 2004 )
• 210,000 metric tons of tailings with grades estimated at 1.34 g/T Au and 56.36g/T Ag ( Gold Hawk, 1997 )
• Metallurgical studies show 85%+ Au, 50%+ Ag recoveries in 24 hrs. leaching of un-milled tailings. Re-milling (-400 mesh) shows ability to increase recoveries to 90% Au, 73% Ag in 24 hrs. leaching ( Corizona, 2012 )

Corizona Mining Partners was founded in 2011 as a junior mining company focused on the acquisition and immediate production of hard-rock and alluvial mining concessions in the Americas.​ Corizona's strategy is built around locating projects that can go into production and generate revenue quickly.

About Affinity Gold Corp.:
Affinity Gold Corp. is a mineral exploration and development company engaged in the acquisition and development of near-term precious mineral production properties within Peru. Affinity Gold Corp.'s primary focus is on developing assets that have demonstrated historical production, contain documented and reliable data and can reasonably begin producing within 12-18 months at a cost of less than $900 per gold equivalent ounce.

www.affinitygold.com

CONTACT:
AFFINITY GOLD CORP.
Corey J. Sandberg
763-424-4754
csandberg@affinitygold.com

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.

In the immediate-term, the Company will continue to focus on further building an effective leadership team through direct recruitment, strategic partners and key alliances which will assist in ensuring Affinity's success of accomplishing its goals and building substantial shareholder value over time.

• Finalize formation of Strategic Advisory Committee composed of established international industry leaders whose expertise, guidance and support will help accelerate the company's growth and ensure its immediate and long-term success.
• Become current and compliant in SEC regulatory filings and regain OTCQB listing status
• Assist and support Colombia Crest Gold during its due diligence process on the Machacala project, La Libertad, Peru.
• Establish small-scale production operations on its Machacala project and on track to reach 300TPD within the 12 months following.

"This is an exciting time for Affinity as we're so close to realizing our goal of becoming a precious metals producer. There's still a tremendous amount of work to be done but we're at a point where our goals are within reach" stated President & CEO, Corey Sandberg.

About Affinity Gold Corp.:
Affinity Gold Corp. is a mineral exploration and development company engaged in the acquisition and development of near-term precious mineral production properties within Peru. Affinity Gold Corp.'s primary focus is on developing assets that have demonstrated historical production, contain documented and reliable data and can reasonably begin producing within 12-18 months at a cost of less than $900 per gold equivalent ounce.

www.affinitygold.com

CONTACT:
AFFINITY GOLD CORP.
Corey J. Sandberg
763-424-4754
csandberg@affinitygold.com

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.

The Company and its legal counsel will continue to be in constant communication with OTC Markets beginning this morning to immediately address the Company's current status so it may resume being quoted for our shareholders and the investment community.

The Company has been in communication with OTC Markets since early September to provide updated information and verify the Company's profile which was completed on September 19 ^th , 2013 per OTC Markets formal process. The information the Company provided on September 19 ^th is still accurate today.

Furthermore, the Company has been in communication since early September with the SEC Division of Corporation Finance's Office of Chief Accountant ("CFOCA") to determine how best to proceed with becoming current in its regulatory filing requirements. According to the CFOCA, since the Company is a 15(d) company it qualifies for an allowance permitting it to file a comprehensive 10-K covering the reporting periods since becoming delinquent, as opposed to having to file each K and Q during the same period. The Company will continue to work with the CFOCA and other divisions of the SEC to comply with its regulatory requirements as a reporting issuer until it has accomplished this objective and maintains good standing.

"The Company's reporting status has been a known issue since it became delinquent due to circumstances surrounding its previous auditor. Until late August of this year, we've had to focus more on the fundamentals of the company and had not been able to address its regulatory status due to limited resources and capacity. Since early September that has not been the case and the Company is now making progress towards the objective of becoming current, as well as others. As previously stated in our September 26 ^th news release, we fully intend to accomplish the objective of becoming current in its filings by the end of Q1, 2014," stated Mr. Sandberg.

"As challenging as it may be, this continues to be an exciting time for Affinity. I firmly believe that as we continue to share our story and progress against our objectives towards becoming a regulatory compliant gold and silver Producer that we will see additional market interest and support," stated Mr. Sandberg.

Mr. Sandberg went on to say, "this temporary change in status with OTC Markets is of no reflection of the Company's vision and potential. The SEC and OTC Markets have their requirements to be met and it's the Company's responsibility to do so in a timely manner, period. We will continue to work with both the SEC and OTC Markets to fully meet and maintain its regulatory obligations and maximize the benefits and support each offers to fully reporting and compliant public companies."
About Affinity Gold Corp.:
Affinity Gold Corp. is a mineral exploration and development company engaged in the acquisition and development of near-term precious mineral production properties within Peru. Affinity Gold Corp.'s primary focus is on developing assets that have demonstrated historical production, contain documented and reliable data and can reasonably begin producing within 12-18 months at a cost of less than $900 per gold equivalent ounce.

www.affinitygold.com

CONTACT:
AFFINITY GOLD CORP.
Corey J. Sandberg
763-424-4754
csandberg@affinitygold.com

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.