Masivo Silver Corp. V.MASS

Finally under way NEWS!

[Nickel77]

 

Gainey contracts Ore Drilling for Las Margaritas

 

2019-09-11 08:55 ET - News Release

 

Mr. David Coburn reports

GAINEY AWARDS DRILLING CONTRACT FOR LAS MARGARITAS PROJECT

Gainey Capital Corp. has engaged Ore Drilling S de RL de CV of Hermosillo, Mexico, as the contractor for its diamond drilling program at the Las Margaritas gold project in Durango. The Company has finalized the preparation of the infrastructure required including the repair and construction of approximately 39 kilometres of road and a water reservoir system to support the drilling. 

Gainey has been approved by the Mexican Environmental Agency (SEMARNAT) to drill up to 32 targets on the property and this initial phase will comprise of at least 16 drill targets in approximately 2,190 meters (see map link) focused on the best mineralization exposed on surface, where assays have returned up to 73.7 g/t gold (see Gainey news release dated April 10, 2019). Gold mineralization at Las Margaritas is typical of a low sulphidation epithermal system, as is common throughout this prolific geologic belt known as the Sierra Madre Occidental.

David Coburn, Gainey CEO, stated "We are excited to commence the first ever drill program at Las Margaritas. This first pass should give us a good understanding of the style of the gold mineralization, from which we will be better positioned to follow up with additional drilling."

David Dupre, P.Geo. is Gainey Capital's Qualified Person ("QP") (as defined by National Instrument 43-101) and the QP for the Las Margaritas Project, and has approved this news release.

About Gainey Capital Corp.

Gainey is a gold and silver exploration, development and ore processing company exploring an aggregate of 14,000+ 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 tons of ore per day. Additional information on Gainey, its current operations and its vision, is available on the Company's website at www.gaineycapital.com or from [e-mail].

We seek Safe Harbor.

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Brien Lundin on Gainey Capital (TSX-V: GNC)  Share  Tweet  Share  Email Gainey Capital GNC.V; GNYPF.OB 480-347-8904 gaineycapital.com   Precious metals exploration with a ready-made source of cash flow. That’s the idea behind Gainey Capital. El Colomo, Gainey’s flagship project, is located in Nayarit State, Mexico, along that country’s

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...But we’ll also reap absolute fortunes along the way, as many of our junior mining picks multiply in value. It’s already beginning, as we’ve already posted our first big winner in this move, with Great Bear Resources (GBR.V) recently rocketing to as much as 26 times our entry price in our Gold Newsletter Alert service.  Once again, if this is the multi-year move

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Jay Taylor made a compelling comparison between Gainey Capital and Dynacor, based in Peru. Dynacor has proven the business model of toll milling for strong cash flow and deploying that cash into exploration & development. However, Gainey has a market cap that's one third that of Dynacor and Mexico is a safer location to do business than Peru. Make no mistake, I like Dynacor a lot and think

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Gerardo Del Real: This is Gerardo Del Real with Resource Stock Digest. Joining me today is the CEO of Gainey Capital (TSX-V: GNC)(OTC: GNYPF), Mr. David Coburn. David, how are you this morning? David Coburn: I'm fine, Gerardo. Thank you very much. Looking forward to our chat this morning. Gerardo Del Real: Well, thanks for taking the time, David. It's been

[barryt34]

The reason it took so long, the property itself, First Mining Gold, had an option with a Mexican gentleman, a really, really nice fellow who's part of the Indian community there. It's a great Indian community, very happy to see us there. They were asking far too much money for it, with respect to what work had been done on it. The negotiations took so long only because by the time we

[thseeker1]

What is date of this interview?  I think it is old maybe August 2019.

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Gainey Capital I do not like delays, but Gainey Capital (GNC/GNYPF) was dealing with mother nature in Mexico before drilling off their Las Margaritas prospect. Well, the wait is finally over as the company announced last week that the driller has been contracted and will begin soon. At least 16 holes are planned. I met with both Dr Peter Mcgaw and Bob Archer in Beaver Creek last week. Both

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