Gainey Capital is pleased to announce the completion of a project review by Gainey's recently appointed VP Exploration, Brian Metzenheim. Further, Gainey announces the completion of the mapping and sampling portion of the Phase II exploration program at the El Colomo Gold-Silver project located in the States of Nayarit and Durango. During the latter half of October, Mr. Metzenheim toured the El Colomo property, reviewed [...]
Gainey Capital is pleased to announce that it has closed the second, and final, tranche of its previously announced non-brokered private placement by issuing an additional 5,979,653 units at a price of $0.12 per unit to raise gross proceeds of $717,758 with all securities issued having a four-month hold period which expires on March 11, 2018. Total gross proceeds of the Offering are $1,957,558 with a total of 16,312,986 [...]
Gainey Capital is pleased to announce the appointment of Brian Metzenheim as Vice President Exploration, effective immediately. Brian Metzenheim has over 20 years experience in mineral exploration with a focus on precious metals. Most recently, Mr. Metzenheim spent 15 years with Minefinders Corporation managing generative reconnaissance programs and project exploration across Northern Mexico including the advanced stage [...]
Gainey Capital is pleased to announce that as of October 15, 2017, the Company will commence its Phase II exploration program at the El Colomo Gold-Silver project in the States of Nayarit and Durango. The Phase II program will be divided into four stages, as follows: Stage 1. Detailed mapping program along the known Golden Corridor, paying particular focus on the El Arrayan, Las Minitas, La Bufa and El Guayabo mineralized [...]
Gainey Capital announces that it has closed the first tranche of its private placement announced on June 21, 2017. The Company has issued a total of 10,033,333 units at a price of $0.12 per Unit for gross proceeds of $1,204,000. Each Unit was comprised of one common share and one common share purchase warrant, each Warrant entitling the holder to purchase one additional common share of the Company at a price of $0.24 for [...]
Gainey Capital announces that the Company has filed a National Instrument 43-101 on their El Colomo Gold-Silver project located in the Sierra Madre Occidental Trend in western Mexico. The independent NI 43-101 technical report for the El Colomo project was prepared for Gainey by David Dupre, PGeo, and John Wilson, PGeo, both of whom are Qualified Persons under NI 43-101 standards. The report has been filed on SEDAR at [...]
Gainey Capital announces that the Company has arranged a non-brokered private placement of up to 20,833,333 units in the capital of the Company at a price of $0.12 per Unit for gross proceeds of up to $2,500,000. Each Unit will be comprised of one common share and one common share purchase warrant, each Warrant entitling the holder to purchase one additional common share of the Company at a price of $0.24 per share for a [...]
Gainey Capital is pleased to announce that the Company has added Mr. Mark Bailey to its Advisory Board. Mr. Bailey holds a Master's degree in geology, is a registered professional geologist with over 40 years experience, most recently in the role of President & CEO of TSX-listed Minefinders Corporation Ltd. from 1995 to its sale in 2012. While with Minefinders, he was responsible for the discovery and development of [...]
Gainey Capital provides the following corporate and exploration updates: The Company reports that the process of updating its NI 43-101 Technical Report on the El Colomo Gold-Silver project located in the Sierra Madre Occidental Trend in Western Mexico is nearing completion and should be filed with the regulatory authorities shortly. The Company is pleased to report that it is currently negotiating ore supply contracts [...]
Gainey Capital is pleased to announce that the Company's Phase 1 drill program is progressing and has been expanded at the El Colomo Gold-Silver project located in the Sierra Madre Occidental Trend in Western Mexico. The drilling is focused on the La Higuerita mineralized zone and the La Nueva Victoria Mineralized zone which are two of the Company's 21 known mineralized zones within El Colomo.
Gainey Capital reports that as a result of a review by the British Columbia Securities Commission, it is issuing this news release to retract certain points of technical disclosure. The informational facts in question, which disclosed mineral resource estimates for the La Higuerita and La Nueva Victoria zones of the El Colomo Project, were included in the Company's corporate presentation, "Gainey Capital Corp. Q3 2016 [...]
Gainey Capital is pleased to announce the continuation of the Company's Phase 1 drilling program of an additional three holes at the 'La Higuerita Gold-Silver mineralized zone' located in the Sierra Madre Occidental Trend in Western Mexico. La Higuerita is a part of Gainey's 100% owned, 187 km2 El Colomo Gold-Silver project that hosts 21 highly prospective, gold-silver mineralized zones located within the Sierra Madre [...]