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July 07, 2015 1:44 AM ET

Metals and Mining

Company Overview of Gainey Capital Corp.

Company Overview

Gainey Capital Corp. engages in the exploration and development of mineral properties in Mexico. The company explores for gold and silver deposits. It owns the El Colomo gold/silver project covering 18,766 hectares located in the western portion of the Sierra Madre Occidental mountain range; and a concentration plant and associated equipment located in Huajicori, Nayarit of Mexico. The company was incorporated in 2011 and is headquartered in Vancouver, Canada.

595 Howe Street

Suite 501

Vancouver, BC V6C 2T5


Founded in 2011



Key Executives for Gainey Capital Corp.

Chief Executive Officer, President and Director
Age: 54
Total Annual Compensation: $41.2K
Chief Financial Officer and Corporate Secretary
Age: 56
Compensation as of Fiscal Year 2014.

Gainey Capital Corp. Key Developments

Gainey Capital Corp. Announces Initial Results from Exploration Program at El Colomo Project in State of Nayarit, Mexico

Gainey Capital Corp. announced the initial results from its ongoing surface sampling program at its 100% owned El Colomo property located in the Sierra Madre Occidental Trend in Western Mexico. Analytical results received from the first 23 stream sediment samples and 3 rock chip-channel samples include strongly anomalous results. These samples were taken by IMDEX/Cascabel and were analyzed by ALS Minerals. Gainey's exploration team found a new high-grade vein structure during their sampling work. This structure is located 700 meters north, and on-strike of known mineralization in the 'Golden Corridor' (Nueva Victoria - La Higuerita - Las Minitas areas), and may be the northern extension of the Golden Corridor. Analytical results from the structure include 24.5 g/t gold and 1,300 g/t silver. This new vein is hosted by an auto-brecciated rhyolitic dike. These dikes are common features in low-sulfidation systems and are found throughout Gainey's El Colomo property, up to several kilometres long and up to 60 meters or more in width.

Gainey Capital Announces 2015 Exploration Program at El Colomo Project in Western Mexico

Gainey Capital Corp. announced 2015 exploration plans at its 100% owned El Colomo property located in the Sierra Madre Occidental Trend in Western Mexico. 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 Higuerita zone and Las Minitas zone. Phase l of the exploration program will include: Stream sediment sampling of the entire 18,766-hectare property; Geological mapping and geochemical sampling over the most prospective areas found in the stream sediment survey, as well as over areas of historic production; Trenching in the above areas, then mapping and sampling of these trenches; Data compilation, interpretation and detailed drill target selection; Road access and drill pad construction for drilling; and Diamond drilling of target areas defined in work above, totaling 3,000 - 5,000 meters. Upon successful completion of Phase l of the exploration plan, a Phase ll program will be implemented to include follow up diamond drilling and geologic mapping as well as trenching and geochemistry of areas of dense mineralization. The follow up diamond drilling would focus on targets that have the great potential of containing minable resources. The exploration program would include bulk sampling and analysis of highly mineralized zones, which would be processed through 300 tpd mill.

Gainey Capital Corp. Signs Letter of Intent with Garibaldi Resources

Gainey Capital Corp. announced 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 potential for processing over the long term via a Tolling/Revenue/Profit sharing business model agreement.

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