Gainey Cap receives TSX-V OK for Las Margaritas optionGainey Cap receives TSX-V OK for Las Margaritas option 2019-01-25 12:07 ET - News Release Mr. David Coburn reports GAINEY ACQUIRES LAS MARGARITAS OPTION Gainey Capital Corp. has received final approval from the TSX Venture Exchange to acquire the Las Margaritas property option in Sinaloa, Mexico, as originally announced Aug. 2, 2018. The National Instrument 43-101 technical report on Las Margaritas, as written by David Dupre (qualified person) and John Wilson (qualified person), has received final acceptance by the TSX-V. The Las Margaritas property comprises two mineral concessions encompassing a total of 500 hectares located within El Colomo's overall claim package, to the north of the El Colomo project, approximately 140 kilometres to the southeast of Mazatlan. The property is currently owned by First Mining Gold Corp. Prior surface work on Las Margaritas by the Servicio Geologico Mexicano (Mexican Geological Survey) and First Mining identified a vein system extending for at least 1,500 metres along strike and averaging approximately one metre in width. Numerous prospect pits occur along the structure where gambusinos (Mexican prospectors) have worked the vein for high-grade gold. With no evidence of prior drilling on the claims, Las Margaritas represents a grassroots, high-grade gold target, most likely of underground configuration. David Coburn, Gainey Capital's chief executive officer, commented: "The approval by the TSX-V now allows us to move forward to advancing and exploring Las Margaritas, which appears to be the epicentre and most interesting part of the El Colomo district. The property is seven kilometres north of the Golden zone and brings great excitement to our technical team." About Gainey Capital Corp. Gainey is a gold and silver exploration, development and ore processing company exploring an aggregate of 14,000-plus hectares strategically located in the gold/silver-rich Sierra Madre Occidental trend in western Mexico. The company's mill, located on its El Colomo property, is capable of processing up to 300 tonnes of ore per day. We seek Safe Harbor. 2019 Canjex Publishing Ltd. All rights reserved.