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Gainey Capital Provides Update on Phase 1 Drill Program at the El Colomo Gold-Silver Project in Western Mexico
VANCOUVER, BC / ACCESSWIRE / July 5, 2016 / Gainey Capital Corp. (TSXV: GNC) (PINKSHEETS: GN...
About this update from Masivo Silver Corp.
[{"type":"text","content":"Gainey Capital Provides Update on Phase 1 Drill Program at the El Colomo Gold-Silver Project in Western MexicoVANCOUVER, BC / ACCESSWIRE / July 5, 2016 / Gainey Capital Corp. (TSXV: GNC) (PINKSHEETS: GNYPF) (\"Gainey\" or the \"Company\") is pleased to report that the Company is in the process of completing the first three holes of its Phase 1 drill program on the La Nueva Victoria mineralized zone located within the El Colomo Gold-Silver Project (\"El Colomo\") in Western Mexico. As these first three holes are completed, and the drill core is assayed, the Company will disseminate results to the public.\nAs previously announced in the Company's news release on May 25th, 2016, Phase 1 of the drilling program will comprise between 2,000 and 5,800 meters of HQ diamond core drilling and will focus on the La Nueva Victoria, La Higuerita, El Arrayan, and La Penita mineralized zones which are hosted within the El Colomo Project.\nDavid Coburn, CEO of Gainey, commented, \"We are extremely pleased with the drilling progress at the La Nueva Victoria mineralized zone thus far. We look forward to publicly disseminating the assay results as soon as they become available.\"\nAbout Gainey Capital Corp.\nGainey Capital is a gold and silver exploration, development and mineral 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 processing center, located outside of Huajicori, in Nayarit, Mexico, is capable of processing up to 300 tons of mineralized material per day and the company has the capability to upgrade to 600 tons per day with a 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 [email protected].\nON BEHALF OF THE BOARD OF DIRECTORS \n\"David Coburn\"\nDavid Coburn, Chief Executive Officer \nFor information, please contact the Company:\nPhone: 480-347-8904\nE-mail: [email protected]\nWebsite: www.gaineycapital.com\nFORWARD 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,\"...