Clarification of Technical Disclosure on the El Colomo Property
#501 – 595 Howe St., Vancouver, BC V6C 2T5
TSXV: GNC / OTCMKTS: GNYPF January 06, 2017
Clarification of Technical Disclosure on the El Colomo Property
Vancouver, BC – January 06, 2017 – Gainey Capital Corp. (TSXV: GNC) ( OTCMKTS: GNYPF)
(“Gainey” or the “Company”) reports that a s a result of a review by the British Columbia Securities
Commission, it is issuing this news release to retract certain points of technical disclosure.
The informational facts in question, which disclosed mineral resource estimates for the La Higuerita and
La Nueva Victoria zones of the El Colomo Project, were included in the Company’s corporate
presentation, “Gainey Capital Corp. Q3 2016,” on pages 9, 12, and 15 which appeared on the Company’s
website, www.gaineycapital.com. This version of the presentation has been removed from the website
and an updated version has replaced it.
The Company would like to retract these mineral resource estimates from the removed corporate
presentation as they were not-compliant with National Instrument 43-101 Standards of Disclosure for
Mineral Projects. The Company has no current mineral resource estimates for the El Colomo Property.
The Company is currently dri lling on the El Colomo property and anticipates filing a n updated and
current Technical Report early in 2017.
Qualified Person
David Hladky, P. Geo. is the Qualified Person with respect to NI 43-101 at El Colomo.
We Seek Safe Harbour
ON BEHALF OF THE BOARD OF DIRECTORS
“David Coburn”
David Coburn, Chief Executive Officer
For information, please contact the Company:
Phone: 480-347-8904
E-mail: [email protected]
Website: www.gaineycapital.com
FORWARD LOOKING STATEMENTS: This press release may contain forward -looking statements. Forward -looking
statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”,
“plans”, “anticipates”, “be lieves”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or
conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such
forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance
and actual results may differ materially from those in forward looking statements. Forward -looking statements are based on
the beliefs, estimates and opinions of th e Company’s management on the date such statements were made. The Company
#501 – 595 Howe St., Vancouver, BC V6C 2T5
expressly disclaims any intention or obligation to update or revise any forward -looking statements whether as a result of new
information, future events or otherwise.
Neither the T SX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.