Gainey Capital is pleased to announce 2015 exploration plans at its 100% owned El Colomo property located in the Sierra Madre Occidental Trend in Western Mexico. To date, 21 high-grade gold and silver targets have been identified within a 1.5 square kilometer area with highly prolific targets along the La Nueva Victoria vein, intrusive-hosted La [...]
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 [...]
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 [...]
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 [...]
Gainey Capital is pleased to announce its 100% owned/controlled Mexican Sub Corp, Minera Buena Fortuna S.A. DE C.V., has signed a new "Working Agreement" with the San Francisco De Lajas Indian Community in the State of Durango, Mexico. Gainey owns and operates mining concessions of approximately 6,000 Hectares in Durango and has recently identified [...]
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 [...]
So far, gold is having a good year. In 2015, the spot price of gold is up 6%, ishares Silver Trust is up 12% and the gold junior ETF has surged 20%. The combined assets of SLV and GDXJ are now $6.7 billion. The U.S. Mint has also set a new sales record for its American Eagle silver bullion coins, with sales of 43 million coins. Physical bar & coin [...]
Gainey Capital is pleased to provide an update on ore processing negotiations and exploration plans. In addition, the company has finalized an agreement with the Municipality of Huajicori, which will enable Gainey to use the Municipality's heavy equipment, such as backhoes and front end loaders, at attractive rates. Cash Position: As at September [...]
