Otter Creek

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."