Gainey Capital is pleased to announce that is has identified 3 gold anomalies through the company's steam sediment sampling program at its 100% owned, 192-km2, El Colomo property that is located in the Sierra Madre Occidental Trend in Western Mexico. The first 35 stream sediment samples were collected over a 7-day period in the northwestern portion of the El Colomo mineral property in an area called La Chata. These [...]
Gainey Capital is pleased to announce that is has commenced a detailed mapping and sampling program at its 100% owned, 192-km2, El Colomo property, located in the Sierra Madre Occidental Trend in Western Mexico, in order to identify drill targets for its exploration program that is planned to commence Q4 2015. Within Gainey's El Colomo property an area known as the 'Golden Corridor,' a 1 km wide and 3 km long zone [...]
Gainey Capital is pleased to announce that it is receiving its second shipment of mineralization material from another one of Goldplay Exploration's gold properties, which is located in the Rosario mining district in the State of Sinaloa, Mexico. Goldplay's first material shipment to Gainey's 100% owned, 300tpd processing centre in Huajicori, Mexico resulted in successful completion of bulk-sampling activities. Goldplay [...]
Gainey Capital is pleased to announce that it has signed a Confidentiality Agreement with Ignacio Echavarria Valenzuela of Cosala Mining. Gainey is in the process of receiving mineralized material from a number of Cosala's concession holdings located in the Sierra Madre mining district in the state of Sinaloa. This shipment of material is to be sampled and assayed at Gainey's, 100%-owned, 300-tpd Processing Centre, which [...]
Gainey Capital is pleased to announce that it has signed a Confidentiality Agreement and Letter of Intent with Goldplay Exploration and is receiving mineralized material from one of Goldplay's gold properties, which is located in the Rosario mining district in the State of Sinaloa. Goldplay is a Vancouver based, privately held, mineral exploration company with significant concession holdings in a prolific gold and silver [...]
Gainey Capital is pleased to announce the initial results from its ongoing surface sampling program at its 100% owned El Colomo property. Analytical results received from the first 23 stream sediment samples and 3 rock chip-channel samples include strongly anomalous results. These samples were taken by IMDEX/Cascabel and were analyzed by ALS Minerals. Gainey's exploration team found a new high-grade vein structure during [...]
Gainey Capital is pleased to announce 2015 exploration plans at its 100% owned El Colomo property. To date, 21 high-grade gold and silver targets have been identified within a 1.5 square km area with highly prolific targets along the La Nueva Victoria vein, intrusive-hosted La Higuerita zone and Las Minitas zone. Phase l of the exploration program will include: Stream sediment sampling of the entire 18,766-hectare [...]
Gainey Capital is pleased to announce it has confirmed that its 100% owned Mexican Sub Corp. "Minera Buena Fortuna" can operate under the Environmental Authorization from the Secretary of Environmental, Natural Resources and Fisheries, now Secretary of Environmental and Natural Resources. This authorization applies to the Mineral concessions: La Nueva Victoria Mineral Concession, La Bufa Mineral Concession, and El Arrayan [...]
Gainey Capital is pleased to announce it has signed a letter of intent with Garibaldi Resources to bulk sample mineralized material from Garibaldi's La Patilla project at Gainey's advanced 300 TPD mill and processing centre. Following successful bulk sampling of the material, which has assayed as high as 10.4 gpt Au, the companies will evaluate the potential for processing over the long term via a Tolling/Revenue/Profit [...]
Gainey Capital is pleased to announce it has signed a new 10 year "Working Agreement" with the San Andres Milpillas Indian Community, in the State of Nayarit, Mexico, where Gainey owns and operates the mining concessions of approximately 15,000 Hectares. The agreement includes increased access to a large number of skilled and unskilled local workers, as well as heavy equipment at very attractive rates. This is the final [...]
Gainey Capital is pleased to announce its 100% owned/controlled Mexican Sub Corp, Minera Buena Fortuna, has signed a new "Working Agreement" with the San Francisco De Lajas Indian Community in the State of Durango. Gainey owns and operates mining concessions of approximately 6,000 Hectares in Durango and has recently identified several new mineral targets in these concessions. The agreement includes increased access to a [...]
Gainey Capital is pleased to announce that Belmex Resources has engaged Gainey to process a minimum of 10,000 tons of high-grade gold ore at its 300 TPD mill and processing centre in Mexico's prolific gold and silver region of Sierra Madre. Gainey has begun taking delivery of the ore, delivered by truck from Belmex's facility just 22km from the mill. Gainey's facility is the only one in the region that includes a [...]
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