OtherOTC:GGIFF

Garibaldi Consolidates Otter Creek Lode Gold Discovery

Friday, June 11, 2021 - 1:00pm

The first announcement of a new lode gold discovery on Otter Creek was made by British Columbia Geological Survey (BCGS) geologists in a 2017 published paper titled "A new lode gold discovery at Otter Creek: another source for the Atlin placers."

Key Points: 
  • The first announcement of a new lode gold discovery on Otter Creek was made by British Columbia Geological Survey (BCGS) geologists in a 2017 published paper titled "A new lode gold discovery at Otter Creek: another source for the Atlin placers."
  • Garibaldi had previously acquired 100% ownership of the hard rock mineral rights on the discovery section of Otter Creek.
  • The Otter Creek lode gold discovery provides strong evidencethat Atlin's rich coarse crystalline gold placers are sourced from proximal high-grade gold veins rather than previously assumed eroded distal listwanite deposits.
  • In 2017, the British Columbia Geological Survey published a paper titled "A new lode gold discovery at Otter Creek: another source for the Atlin placers."

Garibaldi Mobilizes Exploration Crews

Tuesday, June 1, 2021 - 1:00pm

VANCOUVER, BC, June 1, 2021 /PRNewswire/ - Garibaldi Resources (TSXV: GGI) (the "Company" or "Garibaldi") is pleased to announce that exploration personnel have been deployed to the Company's camp at km 45 on the Eskay Creek road.

Key Points: 
  • VANCOUVER, BC, June 1, 2021 /PRNewswire/ - Garibaldi Resources (TSXV: GGI) (the "Company" or "Garibaldi") is pleased to announce that exploration personnel have been deployed to the Company's camp at km 45 on the Eskay Creek road.
  • Data from both surveys will be processed rapidly to aid interpretation for exploration (See news release dated May 6, 2021).
  • Beyond Nickel Mountain, crews will sample geophysical and geochemical VMS target areas over the remainder of Garibaldi's claims for base and precious metals.
  • Garibaldi Resources Corp. is an active Canadian-based junior exploration company focused on creating shareholder value through discoveries and strategic development of its assets in some of the most prolific mining regions in British Columbia and Mexico.

Garibaldi Plans for 2021 E&L and Palm Springs Exploration

Thursday, May 6, 2021 - 1:00pm

Geotech LTD.\'s proprietary deep penetrating ZTEM survey will probe for conductive targets at depths far greater than previous VTEM surveys.

Key Points: 
  • Geotech LTD.\'s proprietary deep penetrating ZTEM survey will probe for conductive targets at depths far greater than previous VTEM surveys.
  • Exploration in 2021 will test the mineral potential of structures beneath the Bowser Group.\nZTEM will target E&L conductive mineralized gabbro below the deepest 650m mineralized drill intercepts in 2020.
  • Garibaldi\'s VMS prospective Palm Springs claims are bisected by the Harrymel-Unuk fault and will be the focus of more intense exploration for new mineralized horizons.
  • Plans for financing an expanded exploration program will be announced at the earliest opportunity.

Garibaldi Corporate Update

Monday, March 8, 2021 - 11:44pm

VANCOUVER, BC, March 8, 2021 /PRNewswire/ -Garibaldi Resources (TSXV: GGI) (the "Company" or "Garibaldi") is pleased to provide this update further to the Company's November 24, 2020 news release announcing completion of an initial tranche of a non-brokered flow-through private placement totaling $2,033,200 CDN by the issuance of 3,388,666 units at 60 cents per unit.

Key Points: 
  • VANCOUVER, BC, March 8, 2021 /PRNewswire/ -Garibaldi Resources (TSXV: GGI) (the "Company" or "Garibaldi") is pleased to provide this update further to the Company's November 24, 2020 news release announcing completion of an initial tranche of a non-brokered flow-through private placement totaling $2,033,200 CDN by the issuance of 3,388,666 units at 60 cents per unit.
  • Shareholders are invited to visit Garibaldi Resources Corp. at the Prospectors & Developers Association of Canada (PDAC) Virtual Convention March 8-11.
  • Garibaldi is one of only 34 exhibitors invited to display core from its Nickel Mountain and Casper projects at the prestigious PDAC Core Shack.
  • Garibaldi Resources Corp. is an active Canadian-based junior exploration company focused on creating shareholder value through discoveries and strategic development of its assets in some of the most prolific mining regions in British Columbia and Mexico.

Garibaldi Intercepts Multiple Gold Bearing Veins & Silicified Units at Newly Discovered Casper Hydrothermal System

Friday, February 12, 2021 - 1:00pm

The abundance of hydrothermal features including multiple mineralized quartz veins and silicified volcanics, both with visible gold, is definitely exciting and indicative of a significant hydrothermal system.

Key Points: 
  • The abundance of hydrothermal features including multiple mineralized quartz veins and silicified volcanics, both with visible gold, is definitely exciting and indicative of a significant hydrothermal system.
  • Our initial goal was to confirm the surface expression of the Casper vein extended to depth, which we certainly accomplished as well as intercepting a number of additional gold bearing veins and mineralized silicified units."
  • Steve Regoci, Garibaldi CEO, stated: "Garibaldi's geological team considers these first Casper drill results to be extremely promising.
  • Each hole intersected gold mineralization and most importantly, the multiple styles of mineralization with native gold in distinct geological units is a superb outcome.

Garibaldi Drills Deepest Nickel-Copper Yet at E&L

Friday, January 1, 2021 - 1:05am

VANCOUVER, BC, Dec. 31, 2020 /PRNewswire/ -Garibaldi Resources Corp. (TSX.V: GGI) (the "Company" or "Garibaldi") Further to the Company's December 30, 2020 news release this update amends results from the recently completed 2020 drill program, targeting deeper extensions of the easterly plunging E&L intrusion.

Key Points: 
  • VANCOUVER, BC, Dec. 31, 2020 /PRNewswire/ -Garibaldi Resources Corp. (TSX.V: GGI) (the "Company" or "Garibaldi") Further to the Company's December 30, 2020 news release this update amends results from the recently completed 2020 drill program, targeting deeper extensions of the easterly plunging E&L intrusion.
  • Hole EL-20-96 intersected a newly discovered semi-massive sulphide zone 450 meters east of the Lower Discovery Zone (LDZ) at a depth of 645 meters.
  • and 0.76 g/t Au.
  • Notably, this hole intercepted a series of gabbros from surface to over 640 meters.

Garibaldi Drills Deepest Nickel-Copper Yet at E&L

Wednesday, December 30, 2020 - 12:30pm

Detailed study of geochemical, geophysical and structural controls supplied vectors targeting deeper areas along a 2 km long corridor.

Key Points: 
  • Detailed study of geochemical, geophysical and structural controls supplied vectors targeting deeper areas along a 2 km long corridor.
  • The E&L discovery at Nickel Mountain is the first ever magmatic massive sulphide system identified in the Eskay Camp of Northwest British Columbia.
  • The newly discovered semi-massive sulphide at 645 meters indicates the mineralized E&L gabbro extends significantly beyond and below the near surface mineralized zones.
  • Jeremy Hanson, Garibaldi VP-Exploration, stated "We are very encouraged with the results of the 2020 drilling program.

Garibaldi Updates Financing

Tuesday, November 24, 2020 - 1:00pm

Each flow-through unit is comprised of one flow-through share and one-half of a non-transferable share purchase warrant.

Key Points: 
  • Each flow-through unit is comprised of one flow-through share and one-half of a non-transferable share purchase warrant.
  • All units from the private placement are subject to a four month hold period from the date of issuance.
  • On closing this tranche of the financing, a finder's fee cash payment of $105,000 CDN was made and 175,000 warrants issued exercisable at 60 cents for 24 months from the date of issuance.
  • Garibaldi Resources Corp. is an active Canadian-based junior exploration company focused on creating shareholder value through discoveries and strategic development of its assets in some of the most prolific mining regions in British Columbia and Mexico.

Garibaldi to Drill High-Grade Casper Quartz Gold Vein

Monday, November 16, 2020 - 1:00pm

As winter arrives at the E&L nickel-copper-cobalt massive sulphide project on Nickel Mountain, drilling will now pivot to the low elevation (430m) Casper quartz gold vein discovered last fall.

Key Points: 
  • As winter arrives at the E&L nickel-copper-cobalt massive sulphide project on Nickel Mountain, drilling will now pivot to the low elevation (430m) Casper quartz gold vein discovered last fall.
  • The Casper quartz gold vein discovery has produced consistent excellent results in channel samples (see news release dated September 29, 2020), including visible gold.
  • With drill pads completed at Casper, the program will test the grade and width of gold mineralization at depth.
  • As results from this season's deep target drilling at E&L are analyzed and interpreted, the Casper quartz gold vein adds an exciting new drill target within the Garibaldi claim group.

Garibaldi Channel Sample from Casper Assays 93.29 g/t Gold, Casper Trench Returns 5.69 g/t Gold Over 52 Meters

Tuesday, September 29, 2020 - 12:30pm

VANCOUVER, BC, Sept. 29, 2020 /PRNewswire/ - Garibaldi Resources (TSXV: GGI) (the "Company" or "Garibaldi") is pleased to announce new assay results from channel sampling at the "Casper" high-grade gold quartz vein discovery.

Key Points: 
  • VANCOUVER, BC, Sept. 29, 2020 /PRNewswire/ - Garibaldi Resources (TSXV: GGI) (the "Company" or "Garibaldi") is pleased to announce new assay results from channel sampling at the "Casper" high-grade gold quartz vein discovery.
  • Casper is located 13 km north of the Company's flagship E&L nickel-copper-cobalt massive sulphide project in Northwest British Columbia.
  • Jeremy Hanson, Garibaldi VP-Exploration, stated: "These Casper vein channel sample assays provide very positive results, proving there are significant sections of continuous gold mineralization.
  • We're looking forward to extending the gold mineralization beyond the most eastern 249 g/t grab sample and testing the vein system with a drill this fall."