Gainey Capital Corp. is pleased to report that it is in the final stages of preparing the infrastructure required for the upcoming drill program at the Las Margaritas gold project in Durango, Mexico. The repair and construction of approximately 39 kilometres of road are being completed by a D6 CAT to facilitate access for the exploration team and drilling equipment to and between drill sites. This has taken longer than [...]
Gainey Capital Corp. is pleased to report that follow-up mapping and sampling at its newly-optioned Las Margaritas project in Durango, Mexico has extended the strike extent of the main vein system to approximately 3,500 metres and collected grab samples with assays of up to 73.7g/t gold. As previously reported, preliminary sampling obtained assays up to 40.0g/t gold from grab samples, indicating the locally high-grade [...]
Gainey Capital Corp. is pleased to report that first-pass sampling on the main vein system on its newly-optioned Las Margaritas project in Durango, Mexico has confirmed the previously reported strike length of at least 1,500-1,600 m and obtained assays up to 40.0 g/t gold. Gainey CEO, David Coburn stated, "We are very encouraged by these early high-grade results. We believe that the Las Margaritas system is the epicenter [...]
Gainey Capital Corp. is pleased to announce that the Company has received conditional approval from the TSX-V and will close a $750,000 first tranche of its non-brokered private placement of up to $1,150,000 announced on November 28, 2018. In this first tranche close, the Company will issue an aggregate of 15,000,000 Units at a price of $0.05 per Unit for gross proceeds of $750,000. Each Unit consists of one common share [...]
Gainey Capital is pleased to announce that it has arranged a non-brokered private placement of up to 23,000,000 Units in the capital of the Company at a price of C$0.05 per Unit for gross proceeds of up to C$1,150,000. Each Unit will consist of one common share and one non-transferable common share purchase warrant exercisable at C$0.10 to purchase an additional common share for a period of 48 months from closing. Closing [...]
Gainey Capital Corp. is pleased to announce that the Company has received conditional approval from the TSX Venture Exchange on the Las Margaritas Option Agreement signed with First Mining Gold Corp. on August 2, 2018. A requirement of conditional approval was the submission by the Company and approval by the TSXV of the NI 43-101 Technical Report on the Las Margaritas concession, which has now occurred. The Report was [...]
Gainey Capital Corp. is pleased to announce the commencement of its Phase 1 exploration program at the newly optioned Las Margaritas gold/silver project in the State of Durango, Mexico. The exploration program will be led by senior geologist, Rafael Gallardo, of Minera Cascabel S.A. de C.V., and his team of geologists who have been working in the area for the past 4 years. The Servicio Geologico Mexicano and [...]
VANCOUVER, BC / ACCESSWIRE / August 2, 2018 / Gainey Capital Corp. is pleased to announce that it has entered into an option agreement with First Mining Gold Corp. granting Gainey the right to earn a 100% interest in the Las Margaritas property located in the State of Durango, Mexico. The property is located approximately 140 kilometres to the southeast of Mazatlan, Sinaloa and is comprised of two mineral concessions [...]
VANCOUVER, BC / ACCESSWIRE / May 10, 2018 / Gainey Capital Corp. is pleased to announce that it has completed upgrades to its Huajicori mill and anticipates processing the mineralized bulk sample material during the coming weeks. The upgrades at the 300 tonne per day Huajicori mill included electrical and mechanical improvements and maintenance. Major upgrades to the electrical system were completed and approved by [...]
VANCOUVER, BC / ACCESSWIRE / February 28, 2018 / Gainey Capital Corp. is pleased to announce that it has signed a letter of intent with Grupo Wolinak S.A. de C.V. for the purchase and processing of a gold and silver mineralized bulk sample at the Company's Huajicori mill. The bulk sample will be sourced from mineralized material located on surface at a historic gold, silver district within trucking distance of the mill [...]
Dear Valued Shareholders, For Gainey Capital, 2017 has proven to be a pivotal year as we advanced existing assets, negotiated the acquisition of an additional exploration project and secured further funding. The last several years have been trying times in the junior exploration sector but I believe the work we have completed to date positions us to add significant value to the company in the coming years. In addition [...]
Gainey Capital is pleased to announce that it has entered into a non-binding Letter of Intent with Asteria Mining Services, S.A.P.I. de CV of Mazatlán, Sinaloa to acquire 100% of the La Minita Copper /Gold/Silver Property located in the state of Sinaloa. The property is comprised of five mineral claims or applications encompassing approximately 9,200 hectares located 80 kilometers to the southeast of Mazatlán. The [...]
+4000,00 %
-87,50 %
