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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Post by knoxton Oct 13, 2021 8:21am

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Post# 34000085

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Garibaldi Resources Completes Review of Disclosure Compliance Lapses

13 Oct 202108:15 ET

08:15 AM EDT, 10/13/2021 (MT Newswires) -- Garibaldi Resources (GGI.V) earlier Wednesday said it completed a mining disclosure review requested by the British Columbia Securities Commission to address potential red flags in the company's compliance with mining disclosure standards.

The company found that Jeremy Hanson, which became its vice president of exploration and qualified person for disclosures in 2019, does not yet have the required years of experience to meet the interpreted definition of a qualified person under Canadian mining disclosure rules.

Garibaldi tapped James Hutter, who has been working independently with the company since 2017, to act as a qualified person and approve all disclosures that had been previously signed off by Hanson between February 2019 and September this year.

Garibaldi explained that it "misunderstood" the wording regarding the necessary years of experience to be considered as a qualified person under the disclosure rules.

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