Gainey Capital Corp. 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 [...]
Eric Sprott announces that on August 23, 2020, 4,166,666 common share purchase warrants of Gainey Capital Corp., 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 [...]
Gainey Capital Corp. 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 Capital Corp. is pleased to announce that it has commenced a diamond drilling program at the Las Margaritas gold project in Durango, Mexico. 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 meters in 11 holes focused on the best [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]