AFR Provides Updates on IP and Mag Survey and Website
AFR NuVenture Resources Inc.
AFR Provides Updates on IP and Mag Survey and Website
FOR IMMEDIATE RELEASE: TORONTO, Ontario – The Newswire
January 4, 2022: AFR NuVenture Resources Inc. (the "Company") [TSXV: AFR]
announces that it has completed the field work on its geophysical program at the Silver Bell-St.
Lawrence (“SBSL”) project (the “Project”) near Virginia City, Montana. As reported in the
Company’s press release dated December 7, 2021, the program, being conducted by Clark
Jorgensen of Big Sky Geophysics, Bozeman, Montana in consultation with Dr. John Childs,
included magnetic and resistivity/induced polarization (IP) surveys. The purpose of the program
is to attempt to identify and define mineralized veins and establish drill targets on the Project.
The Company is awaiting the processing of the data obtained from the field work and will
provide an update when the results are received.
The Company also wishes to announce that its new website is now operational and may be
visited at www.afrnuventure.com.
The Company is continuing to investigate and conduct due diligence on other projects in keeping
with its objectives and invites all project and business owners to present proposals for our review
and consideration.
On behalf of the Board of Directors,
“John F. O’Donnell”
John F. O’Donnell, Chairman and CEO
For more information on the Company, investors should review the Company's filings on SEDAR
at www.sedar.com and our website at www.afrnuventure.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
This news release contains "forward-looking information" (within the meaning of applicable Canadian
securities laws) and "forward-looking statements" (within the meaning of the U.S. Private Securities
Litigation Reform Act of 1995). Such statements or information are identified with words such as
"anticipate", "believe", "expect", "plan", "intend", "potential", "estimate", "propose", "project",
"outlook", "foresee" or similar words suggesting future outcomes or statements regarding an outlook.
Such statements include, among others, those concerning the Company's exploration plans, including the
fact that it is awaiting the processing of the data obtained from the field work and will provide an update
when the results are received and its examination of other opportunities. Such forward-looking
information or statements are based on a number of risks, uncertainties and assumptions which may
cause actual results or other expectations to differ materially from those anticipated and which may
prove to be incorrect. Assumptions have been made regarding, among other things, management's
expectations regarding its ability to initiate and complete future exploration work as expected and
acquire and finance other projects. Actual results could differ materially due to a number of factors,
including, without limitation, operational risks in the completion of the Company's future exploration
work, technical, safety or regulatory issues, social and market conditions related to the COVID-19 global
pandemic; the worldwide economic and social impact of COVID-19; the duration and extent of COVID-
19; changes in general economic conditions; the imposition of government restrictions on business
related to COVID-19, any positive cases of COVID-19 at a project site or in the area which may cause a
reduction or suspension in operations and activities which may ultimately affect and delay the
exploration timeline.
Although the Company believes that the expectations reflected in the forward-looking information or
statements are reasonable, prospective investors in the Company's securities should not place undue
reliance on forward-looking statements because the Company can provide no assurance that such
expectations will prove to be correct. Forward-looking information and statements contained in this news
release are as of the date of this news release and the Company assumes no obligation to update or revise
this forward-looking information and statements except as required by law.