Garibaldi Resources Corp V.GGI

Alternate Symbol(s): GGIFF

Metals & Mining Gold

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

Garibaldi Resources Corp

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Post by woolcoon Oct 19, 2018 2:18pm

203 Views

Post# 28836967

It's all making sense.

Massively undervalued now.

Garibaldi has issued a notice to the underlying vendor of the 766 hectares ("E&L" claims) that it will immediately exercise its option for a 100% interest by paying a balance of $60,000 CDN and issuing 550,000 shares of the Company's common stock.
Read more at https://www.stockhouse.com/news/press-releases/2018/09/14/garibaldi-accelerates-buyout-of-strategic-claims-at-nickel-mountain#GOWjczqosSEMmU3i.99

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