Gainey Identifies Three New Anomalies Through Steam Sediment at El Colomo

Gainey Capital Corp. (TSXV:GNC) announced that it has discovered three gold anomalies through its steam sediment sampling program at its El Colomo property in western Mexico.
As quoted in the press release:

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.

David Coburn, CEO of Gainey, commented:

These early results are very promising as they indicate that the mineralization at the Golden Corridor may continue along the same structural zone into the La Chata area, at least 7-km to the northwest. Also, the anomalies suggest the presence of a parallel mineralized zone 2-km east of the Golden Corridor, which greatly broadens our target area. We are very pleased with the discovery of these 3 anomalies as they offer Gainey new, highly prospective areas to add to the company’s exploration plan this year.

Click here to read the full Gainey Capital Corp. (TSXV:GNC) press release.