Garibaldi Resources Corp V.GGI

Alternate Symbol(s): GGIFF

Metals & Mining Industrial Metals & Minerals

Garibaldi Resources Corp. is a Canada-based junior exploration company. The Company is focused on creating shareholder value through discovery 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 sulfide discovery, approximately 18 (km) southwest of the famous Eskay Creek mine, contains some of the highest nickel grades recorded in magmatic sulfide ore deposits on a global basis. The Company's projects in Canada include Otter Creek, Palm Springs Property (PSP), Red Lion, and King. The Otter Creek lode gold prospect consists of 8,704 total hectares and is located 12 kms east of Atlin in northwest British Columbia. Its projects in Mexico include La Patilla, Rodadero, Tonichi, and Iris. The Company owns a 100% interest in the La Patilla property located in Sinaloa State, Mexico. The Company owns a 100% interest in the Iris property located in Chihuahua State, Mexico.

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Garibaldi Resources Corp

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Comment by tomgraniteon Dec 09, 2017 10:10am

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Post# 27123214

RE:RE:RE:Price calculation for hole 14

Geoloss, you are the one who focused on the high grade lense and compared it to VB. If you use the the whole intercept including the lower grade ore, then the grades are no better than VB. I guess you did not want to show that?

VB hole 7 - 104m of 3.93% Ni, 2.84% Cu and .014% Co
GGi hole 14 - 40m of 3.93% Ni, 2.35% Cu and .092% Co

VB hole is 150% longer and closer to surface. I don't see how people can claim that GGI's results are better than VB.

From a mining perspective, the lower grade ore will be mined first, which means the payback period (if profitable) will be longer.

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