Gainey Continues to Drill New Zones at La Higuerita within The 'El Colomo Gold-Silver Project' in Mexico

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[{"type":"text","content":"Gainey Continues to Drill New Zones at La Higuerita within The 'El Colomo Gold-Silver Project' in MexicoVANCOUVER, BC / ACCESSWIRE / October 13, 2016 / Gainey Capital Corp. (TSXV: GNC) (OTC PINK: GNYPF) (\"Gainey\" or the \"Company\") is pleased to announce the continuation of the Company's Phase 1 drilling program of an additional three holes at the 'La Higuerita Gold-Silver mineralized zone' (\"La Higuerita\") located in the Sierra Madre Occidental Trend in Western Mexico.\nLa Higuerita is a part of Gainey's 100% owned, 187 km2 El Colomo Gold-Silver project that hosts 21 highly prospective, gold-silver mineralized zones located within the Sierra Madre Golden Belt, Mexico. The Company is currently in the process of drill testing at La Higuerita which has encountered the following surface samples, located in Table 1 below, that appear on the Gainey news release disseminated on October 06, 2015:\nSurface Sample Highlights:\nTable 1 - La Higuerita Length: 1,000 Meters, Width: 80 Meters\n\n\n \n \n \n Width (meters)\n \n \n Au g/t\n \n \n Ag g/t\n \n \n \n \n 0.40\n \n \n 33.30\n \n \n 1,550.00\n \n \n \n \n 1.00\n \n \n 20.00\n \n \n 895.00\n \n \n \n \n 2.00\n \n \n 3.20\n \n \n 147.00\n \n \n \n \n 0.50\n \n \n 1.54\n \n \n 491.00\n \n \n \n\n\nGainey recently announced the drilling results from the 'La Nueva Victoria mineralized zone' which can be seen in Table's 2 and 3 below:\nTable 2 - Hole DHEC160001 from La Nueva Victoria Zone (released September 29, 2016):\n\n\n \n \n \n HOLE ID\n \n \n FROM\n \n \n TO\n \n \n Width\n \n \n Au_g/t\n \n \n Ag_g/t\n \n \n Au_Equivalent*\n \n \n \n \n DHEC160001\n \n \n 5.15\n \n \n 76.00\n \n \n 70.85\n \n \n 0.65\n \n \n 35.31\n \n \n 1.14\n \n \n \n \n Including\n \n \n 5.15\n \n \n 44.8\n \n \n 39.65\n \n \n 0.79\n \n \n 43.86\n \n \n 1.39\n \n \n \n \n and\n \n \n 60.50\n \n \n 76.00\n \n \n 15.50\n \n \n 0.73\n \n \n 38.54\n \n \n 1.27\n \n \n \n\n\n*Au Equivalent calculated using a price of $1,300 US/oz for gold and $18 US/oz for silver.\nTable 3 - Holes DHEC160002/3 from La Nueva Victoria Zone (released October 04, 2016):\n\n\n \n \n \n HOLE ID\n \n \n FROM(m)\n \n \n TO(m)\n \n \n Width(m)\n \n \n Au_g/t\n \n \n Ag_g/t\n \n \n Au_Equivalent*\n \n \n \n \n DHEC160002\n \n \n 19.40\n \n \n 91.60\n \n \n 72.20\n \n \n 0.41\n \n \n 20.21\n \n \n 0.69\n \n \n \n \n Including\n \n \n 57.0...

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