Masivo Silver Corp.

Gainey Capital is pleased to announce that it has commenced a diamond drilling program at the Las Margaritas gold project. Up to 32 targets on the property have been approved for drilling by the Mexican Environmental Agency and this initial phase will comprise approximately 1080 m in 11 holes focused on the best mineralization exposed on surface. Gold mineralization at Las Margaritas is typical of a low sulphidation [...]

Gainey Capital 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. The repair and construction of approximately 39 km 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 originally planned due to recent [...]

Gainey Capital is pleased to report that follow-up mapping and sampling at its newly-optioned Las Margaritas project has extended the strike extent of the main vein system to approximately 3,500 m 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 nature of the mineralization. A [...]

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 is pleased to announce that the Company has received conditional approval from the TSXV on the Las Margaritas Option Agreement signed with First Mining Gold 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 authored by David Dupre/QP and [...]

Gainey Capital 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, and his team of geologists who have been working in the area for the past 4 years. The Servicio Geologico Mexicano and First Mining Gold originally [...]

Gainey Capital is pleased to announce that it has entered into an option agreement with First Mining Gold granting Gainey the right to earn a 100% interest in the Las Margaritas property. The property is located approximately 140 kilometres to the southeast of Mazatlan, Sinaloa and is comprised of two mineral concessions encompassing a total of 500 hectares. As shown in the map below, the concessions lie to the north of [...]

Gainey Capital 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 engineers from the Comisión Federal de [...]