Vancouver, British Columbia – Gainey Capital Corp. (TSXV: GNC) (OTC: GNYPF) (“Gainey” or the “Company”) is pleased to announce that it has completed upgrades to its Huajicori mill and anticipates processing the mineralized bulk sample material during the coming weeks.
The upgrades at the 300 tonne per day Huajicori mill included electrical and mechanical improvements and maintenance. Major upgrades to the electrical system were completed and approved by engineers from the Comisión Federal de Electricidad (CFE), the government controlled power company. In addition, wear parts in the grinding circuit have been inspected and replaced. With the repairs and upgrades now complete, the mill is ready to begin processing material.
The Company is now planning to move forward with processing the bulk sample to be sourced and supplied by Grupo Wolinak S.A. de C.V., as outlined in the news release dated February 28, 2018. Results of the bulk sample processing will be released once the testwork is finalized.
In conjunction with advancing the toll milling operations, the company continues to evaluate additional gold – silver exploration projects located in Mexico for acquisition as it moves to establish a more diversified presence.
ON BEHALF OF THE BOARD OF DIRECTORS
David Coburn, Chief Executive Officer
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