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September 01, 2015 5:19 PM 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 Discovers 3 New Anomalies from its Stream Sediment Sampling Program at its El Colomo Property

Gainey Capital Corp. announced 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.

Gainey Capital Corp. Commences Detailed Mapping and Sampling Program to Identify Drill Targets at its El Colomo Property

Gainey Capital Corp. announce that is has commenced a detailed mapping and sampling program at its 100% owned, 192-km2, El Colomo property located in the Sierra Madre Occidental Trend in Western Mexico, in order to identify drill targets for its exploration program that is planned to commence fourth quarter 2015. Within Gainey's El Colomo property an area known as the `Golden Corridor,' a 1 km wide and 3 km long zone containing many of the property's historic mine workings, will be mapped and sampled in detail with the objective of identifying priority drill targets for its phase 1 drill program commencing fourth quarter 2015. The `Golden Corridor' contains 21 prospects of bulk-tonnage as well as high-grade epithermal gold-silver mineralization. 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).

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.

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