Gainey Receiving Second Tranche of Mineralized Material from Goldplay

VANCOUVER, BC / ACCESSWIRE / June 23, 2015 / Gainey Capital Corp. (TSXV: GNC) (OTCQX:  GNYPF) (“Gainey” or the “Company”) is pleased to announce that it is receiving its second shipment of mineralization material from another one of Goldplay Exploration’s (“Goldplay”) gold properties, which is located in the Rosario mining district in the State of Sinaloa, Mexico. Goldplay’s first material shipment to Gainey’s 100% owned, 300tpd processing centre in Huajicori, Mexico resulted in successful completion of bulk-sampling activities. Goldplay has initiated a second shipment to follow up on positive sampling results from the first material shipment announced April 9, 2015: Gainey has Received Goldplay’s First Material Shipment at its Processing Centre.

The second tranche of mineralized material is to be bulk-sampled at Gainey’s 300tpd processing centre located in Huajicori in the state of Nayarit, Mexico, which is in close proximity and easily accessible by road to Goldplay’s properties. Gainey’s processing centre is the only one in the region with gravity and flotation circuits for optimized gold and silver recovery rates. Gainey’s processing centre can support a second 300tpd ball mill to increase throughput capacity to 600tpd when the company is ready for further expansion.

David Coburn, CEO of Gainey Capital, commented, “I am very pleased with the type of mineralized material we have seen coming from Goldplay’s gold properties. It has been a pleasure to work with Goldplay’s strong geological team, which is headed by Frank Powell who has extensive knowledge of the Rosario area and surrounding mineralized properties in the states of Sinaloa and Nayarit in Western Mexico. We’re in ongoing discussions with Goldplay on a number of business scenario’s in order to continue our strong working relationship.”

 

About Goldplay Exploration

Goldplay is a private mineral exploration company comprising a group of experienced explorers and financiers with a track record of recent discoveries in Latin America. The group is responsible for the discovery and development of La Trinidad Mine in the Rosario Gold belt currently being mined by Marlin Gold. The Company has properties in Mexico and Central America and is currently focused in Rosario Sinaloa, Mexico, a prolific gold and silver mining belt. The Company’s has advanced several properties in the Rosario area to the resource stage and is sourcing methods to advance its projects to the next stage.