TSXV 50's Garibaldi Edges Up as Targets New Massive Sulphide Zones at Nickel Mountain

Creating shareholder value through discoveries and strategic development

The company is currently focused on advancing its Rodadero and La Patilla Projects where drilling has intersected high-grade values near-surface in Mexico.

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TSXV 50's Garibaldi Edges Up as Targets New Massive Sulphide Zones at Nickel Mountain

posted on Jun 11, 2018 12:45PM

2018-06-11 11:39:21 AM ET (MT Newswires)

11:39 AM EDT, 06/11/2018 (MT Newswires) -- Garibaldi Resources (GGI.V) rose less than 1.0% Monday to $3.36 apiece after saying that following months of preparations, a major 2018 drill program at Nickel Mountain in the Eskay Camp has began with two drill rigs. Currently the company is following up on last fall's nickel-copper-rich massive sulphide discovery east of the historic E&L deposit.

CEO Steve Regoci said month-long analysis of data has "shaped an aggressive 2018 program that will test the scale of a massive sulphide discovery that's open in all directions."

Regoci added: "There's an 8-km-long trend of high-quality conductors to the northeast that w''re very eager to follow up on this year."

Price: 3.36, Change: +0.03, Percent Change: +0.90

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