Masivo Silver Corp.

Gainey Capital is pleased to report that, further to the corporate update provided on December 3, 2020, the Company has signed several Letters of Interest for Mineral Concessions in the States of Sinaloa and Durango in the prolific Gold and Silver belt of Mexico's Sierra Madre Occidental. A geological team is conducting site visits and due diligence on at least 7 mineral concessions that are highly prospective for silver [...]

Eric Sprott announces that on August 23, 2020, 4,166,666 common share purchase warrants of Gainey Capital, expired unexercised representing a decrease in holdings of approximately 9.3% of the outstanding common shares on a partially diluted basis since the last early warning report. Prior to the expiry of these Warrants, Mr. Sprott beneficially owned and controlled 4,166,666 common shares and 4,166,666 Warrants [...]

Gainey Capital has temporarily halted all drilling activity at its Las Margaritas Property in Durango, Mexico following discussions with the local Indigenous groups. Gainey representatives and management are engaged in a dialogue to understand the concerns of community members and further updates will be provided as information is received. Gainey is a gold and silver exploration, development and ore processing company [...]

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 [...]