• Freitag, 22 November 2024
  • 14:06 Uhr Frankfurt
  • 13:06 Uhr London
  • 08:06 Uhr New York
  • 08:06 Uhr Toronto
  • 05:06 Uhr Vancouver
  • 00:06 Uhr Sydney

Gainey Discovers 3 New Anomalies From Its Stream Sediment Sampling Program at its El Colomo Property

15.07.2015  |  Accesswire
VANCOUVER, BC / ACCESSWIRE / July 15, 2015 / Gainey Capital Corp. (TSX VENTURE: GNC) (PINKSHEETS: GNYPF) ("Gainey" or the "Company") 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 samples resulted in 3 gold anomalies, including: 74 ppb ("parts-per-billion"), 17 ppb and 115 ppb. The anomalies were found in an area, 1.5-km wide by 2.5-km long, of strongly argillically altered and iron stained volcanic rocks cut by multiple northwest-trending quartz veins.

This altered area, called Las Lajitas-Masparillo, appears to be on-strike with, and may be an extension of, the "Golden Corridor" (Nueva Victoria, La Higuerita, Las Minitas and El Arayan concessions), an area of known mineralization 7-km to the southeast. Follow-up fieldwork, starting with mapping and outcrop sampling, will be incorporated into Gainey's 2015 exploration plan.

David Coburn, CEO of Gainey Capital commented, "These early results are very promising as they indicate that the mineralization at the Golden Corridor may continue along the same structural zone into the La Chata area, at least 7-km to the northwest. Also, the anomalies suggest the presence of a parallel mineralized zone 2-km east of the Golden Corridor, which greatly broadens our target area. We are very pleased with the discovery of these 3 anomalies as they offer Gainey new, highly prospective areas to add to the company's exploration plan this year."


El Colomo Project

El Colomo is a highly prospective 192-km2 property with district-scale potential in a multi-million ounce gold and silver belt. High-grade and bulk tonnage targets have already been identified through prior exploration and there are very strong indications of continuity between La Higuerita, La Nueva Victoria and Las Minitas (at least 2 km in strike length).


Qualified Person

Lawrence Segerstrom, a Director of the Gainey Capital Corp. and a Qualified Person under NI-43-101, reviewed and approves the content of this release.


About Gainey Capital Corp.

Gainey Capital is a gold and silver exploration, development and ore processing company exploring an aggregate of 192-km2 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 and the company has the capability, including permitting, to upgrade to 600 tons per day with low capital expenditure. Additional information on Gainey Capital, its current operations and its vision is available on the Company's website at www.gaineycapital.com or from info@gaineycapital.com.


ON BEHALF OF THE BOARD OF DIRECTORS

"David Coburn"
David Coburn, Chief Executive Officer



For information, please contact the Company:

Gainey Capital Corp.
Phone: 480-347-8904
E-mail: info@gaineycapital.com
Website: www.gaineycapital.com



FORWARD LOOKING STATEMENTS: This press release may contain forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.

Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!



Mineninfo
Masivo Silver Corp.
Bergbau
A3DWE2
CA57480R2081
Copyright © Minenportal.de 2006-2024 | MinenPortal.de ist eine Marke von GoldSeiten.de und Mitglied der GoldSeiten Mediengruppe
Alle Angaben ohne Gewähr! Es wird keinerlei Haftung für die Richtigkeit der Angaben und der Kurse übernommen!
Informationen zur Zeitverzögerung der Kursdaten und Börsenbedingungen. Kursdaten: Data Supplied by BSB-Software.