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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

Post by westcoastloggeron Sep 20, 2023 11:34am
169 Views
Post# 35645427

Just a refresher

Just a refresherJust as a refresher for people to understand what is, or what could go on around here, on this enormous property that Everett Makela(RIP), the ex Sudbury geo. said about E and L. He said this may not only be a mine, it could be an entire zone. Now with our VTEM and ZTEM surveys indicating massive anomalies in several places on the property this is looking more and more entirely possible to host a chonolith or chonliths as Dr. Peter Lightfoot has pontificated over. Just read over the history of Voiseys Bay and we know that the guys in charge here have likened some of E and L to the Reid Brook Zone of the Voiseys deposits. Remember the bidding war that ensued over Voiseys between Inco, Falconbridge, and how the pre-split price of Diamond Fields stock equated to 174 bucks after the dust all settled. And they did that on 3.5% Ni. We have 7-8-9% Ni sulphides. Not saying it will happen but I feel several of the big guys are watching this play very closely and Regochi said a couple years ago that indeed the phone had been ringing. Thus the flock of bashers on CEO.CA that have hung around there for years. I love it.
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