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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 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.


TSXV:GGI - Post by User

Bullboard Posts
Comment by Saulion Dec 09, 2017 3:42pm
92 Views
Post# 27124353

RE:Vale Shutting Down Manitoba Mine Comments Star??

RE:Vale Shutting Down Manitoba Mine Comments Star??


Vale and the other producers will always be interested in VB grade deposits.

The Birchwood closure is unfortunate but there is a key statement in the the announcement that says it all.

"After more than 100 years of operation, the mine is approaching the end of its natural life. The low grades at Stobie are no longer economical to mine in today's challenging price environment." 


If E & L has the tonnage, rest assured one of the majors will start kickin tires !!


Sauli


Bullboard Posts