TSXV 50's Garibaldi Resources Starts Preparation for Drilling at Nickel Mountain; Shares Up 4%

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 Resources Starts Preparation for Drilling at Nickel Mountain; Shares Up 4%

posted on May 18, 2018 12:27PM

2018-05-18 11:03:48 AM ET (MT Newswires)

11:03 AM EDT, 05/18/2018 (MT Newswires) -- Garibaldi Resources (GGI.V) added 4% in recent trade after it said Friday that preparations are underway for the most extensive drill campaign in its history at the nickel-copper-rich Nickel Mountain massive sulphide discovery.

CEO Steve Regoci said: "Given 'proof of concept' achieved with geophysics at Nickel Mountain last year, which gave us this game-changing high-grade nickel sulphide discovery in the Eskay Camp, we have 'doubled down' on the best technology to efficiently target potential new massive sulphide zones."