Gainey Capital Signs Letter of Intent with Grupo Wolinak for Bulk Sample Processing at Huajicori Mill

GarneyCapital_02282018

Vancouver, British Columbia – Gainey Capital Corp. (TSXV: GNC) (OTC: GNYPF) (“Gainey” or the “Company”) is pleased to announce that it has signed a letter of intent (“LOI”) with Grupo Wolinak S.A. de C.V. (“Grupo Wolinak”) for the purchase and processing of a gold and silver mineralized bulk sample at the Company’s Huajicori mill.  The bulk sample will be sourced from mineralized material located on surface at a historic gold, silver district within trucking distance of the mill.  Prior work indicates grades of the bulk sample should be in the range of 2 – 2.5 g/t gold and 250 – 300 g/t silver.  Results of the test work will be utilized to determine the viability of entering into a longer term processing agreement.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s