Friday, October 13, 2017

Garibaldi Resources Corp. - GGI.v

Garibaldi Resources Corp. - GGI.v is advancing its Rodadero Silver-Gold Project and its La Patilla Gold Property.

Garibaldi is also advancing its 200 sq. km land package in northwest B.C.'s Eskay Camp including the E&L Project at Nickel Mountain.
On October 13, 2017 the company released News

Garibaldi Resources (TSX.V: GGI) (the "Company" or "Garibaldi") is pleased to report that an ongoing drill program utilizing two rigs continues to expand northwest British Columbia's first nickel-copper rich sulphide system at the Company's 100%-owned Nickel Mountain Project near Eskay Creek.
Highlights:
  • All 11 additional holes completed since EL-17-01 (see September 1, 2017 news release) have returned broad sections of disseminated to blebby net textured sulphides (pyrrhotite-pentlandite-chalcopyrite), hosted in olivine gabbro, consistent with a much larger scale mineralizing event than ever previously suspected at Nickel Mountain;
  • XRF analysis of drill core supports the very high tenor of the sulphide at Nickel Mountain as previously disclosed by the Company (photos of representative sulphide-bearing core from the new discovery zone are available for viewing at GaribaldiResources.com);
  • Assaying of drill core is being carried out by SGS in Vancouver and Garibaldi eagerly anticipates reporting initial results as they become available during the second half of this month. 
 
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On September 1, 2017 the company released News

Garibaldi Resources (TSX.V: GGI) (the "Company" or "Garibaldi") is pleased to report that the Company has intersected two long intervals of nickel-copper sulphide mineralization totaling 176 meters and consisting of pyrrhotite-pentlandite-chalcopyrite in the first drill hole at its 100%-owned E&L Project at Nickel Mountain near Eskay Creek. Drilling of the second hole begins imminently.
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On July 27, 2017 the company released News

Garibaldi Resources TSX.V: GGI) (the "Company" or "Garibaldi") is pleased to report that crews at the company's 100%-owned E&L Project at Nickel Mountain in the heart of the Eskay Camp have made an important new surface discovery following up on the first of four major VTEM conductor targets. Widespread pyrrhotite-chalcopyrite mineralization has been identified on surface in gabbroic rocks that outcrop over a broad area at previously unexplored "Anomaly A", approximately 6 km north-northeast of the historic E&L nickel-copper-rich mineralized zones where drilling commences shortly.







https://pennystockjournal.blogspot.com/2017/07/garibaldi-resources-corp-ggiv.html