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Garibaldi Resources Corp V.GGI

Alternate Symbol(s):  GGIFF

Garibaldi Resources Corp. is a Canada-based junior exploration company. The Company is focused on creating shareholder value through discoveries and strategic development of its assets in some of the most prolific mining regions in British Columbia and Mexico. Its E&L Nickel Mountain nickel-copper-rich massive sulphide discovery, approximately 18 (km) southwest of the famous Eskay Creek mine, contains some of the highest nickel grades recorded in magmatic sulphide ore deposits on a global basis. The Company's projects in Canada include Otter Creek, Palm Springs Property (PSP), Red Lion, Grizzly and Golden Bear, and King. Its project in Mexico includes La Patilla, Sonora, and Iris. The Company owns 100% interests in two non-contiguous properties in Sonora State, Mexico, known as Tonichi and Rodadero. The Otter Creek lode gold prospect consists of approximately 8,704 hectares and is located 12 kms east of Atlin in northwest British Columbia.


TSXV:GGI - Post by User

Bullboard Posts
Post by rdwwwon Apr 14, 2017 11:01am
267 Views
Post# 26122363

PHEW - Feb28th news about VTEM in final prep stretch now

PHEW - Feb28th news about VTEM in final prep stretch nowstill in the planning stages, but must be getting closer to nice hot sunny weather, allowing the VTEM to be flown before they start with the ground work in May I hope Garibaldi studies show four km long E&L intrusion 2017-02-28 18:33 ET - News Release Mr. Steve Regoci reports GARIBALDI'S NICKEL-COPPER-RICH E&L INTRUSION EXTENDS 4 KM LONG, 1.5-KM WIDE Further compilation and interpretation, including 3-D modelling, of historic and current data for Garibaldi Resources Corp.'s 100-per-cent-owned E&L deposit have revealed that the first magmatic nickel-copper-rich massive sulphide system in the heart of northwest British Columbia's prolific Eskay mining camp reflects a much larger-scale intrusive event than ever previously envisioned. Garibaldi geologists are now viewing the E&L as a large-tonnage, high-grade exploration target within an intrusion defined over a length of four kilometres and a width of 1.5 kilometres. Given the compelling data, including indications that the E&L intrusion may host more than one nickel-copper-cobalt sulphide deposit with associated precious metals and high tenors, the company is immediately proceeding with a full-scale heliborne electromagnetic (EM) survey that can detect conductive sulphide bodies up to 350 metres in depth (survey to be carried out as soon as weather conditions permit). The EM survey will add to a wealth of information on the E&L and will greatly assist Garibaldi geologists in targeting drill holes for a planned major 2017 drill program as outlined in a notice of work filed with the British Columbia Ministry of Energy & Mines. Dr. Raymond Goldie, Garibaldi director and mining analyst, commented: "Geological, geophysical and geochemical studies have demonstrated that the property that hosts the E&L deposit could contain economic concentrations of nickel-copper-cobalt-precious-metal sulphides. Garibaldi's plans for an EM survey, followed by a drilling campaign, are an appropriate and exciting response to uncover this potential."
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