Garibaldi Resrcs Stock Price, News & Analysis

Garibaldi Resources (TSXV: GGI, OTC: GGIFF) announced promising results from four shallow diamond drill holes at the newly discovered Casper Quartz Gold Vein System, totaling 639.5m. Located near its E&L nickel-copper-cobalt project, these assays identified at least three mineralized quartz veins with visible gold. Highlights include a quartz vein returning 9.1 g/t gold over 0.72m and another vein at 8.2 g/t over 0.56m. This marks a significant advancement for Garibaldi in the mineral-rich Eskay Camp of British Columbia, with potential for extensive exploration collaboration with neighboring Eskay Mining Corp.

Garibaldi Resources has disclosed promising assay results from channel sampling at its "Casper" high-grade gold quartz vein discovery, located near its E&L nickel-copper-cobalt project in British Columbia. Key findings include 61 assays returning gold grades between 0.676 g/t and 93.29 g/t. The quartz vein system, extending 330 meters, remains open for exploration. Additionally, new mineralized veins have been identified, and the company is applying for a warrant extension while gearing up for drilling this fall. The results indicate significant gold mineralization potential, boosting the project's prospects.

Garibaldi Resources (TSXV: GGI, OTC: GGIFF) announced promising developments at the high-grade Casper gold quartz vein discovery, located 13 km from its flagship E&L nickel-copper-cobalt project in British Columbia. Recent assays revealed gold grades as high as 249 g/t, with 13 samples exceeding 10 g/t. Additionally, four new mineralized veins have been discovered, enhancing the potential of the site. These results may expedite drilling activities at Casper, bolstering exploration efforts within the historic Eskay camp region.

Garibaldi Resources Corp. announced significant drill results from its 2020 program, expanding the E&L system's strike length to over 650 meters. Located on Nickel Mountain in British Columbia, the E&L project features high-grade nickel-copper sulphides. Key findings include hole EL-20-89, with a 151.6-meter mineralized intercept averaging 0.56% nickel and 0.61% copper, and hole EL-20-88, showing 142.79 meters of mineralized gabbro. The company has identified new mineralized regions and emphasizes the potential for further discoveries as drilling continues.

Garibaldi Resources Corp. has appointed Jeremy Hanson to its Board of Directors, acknowledging his significant role in developing the E&L nickel-copper-cobalt project in Northwest British Columbia. With over a decade of experience and a background in mineral exploration, Hanson aims to enhance the company's exploration efforts. Concurrently, Mark Scott has resigned to focus on his new venture with Sassy Resources Corp. Garibaldi continues to focus on creating shareholder value through strategic asset development in key mining regions.

Garibaldi Resources Corp. (TSXV: GGI, OTC: GGIFF) is set to resume operations at its E&L Nickel Mountain project following a temporary halt. The decision comes after a tragic incident affecting the team's morale. The company will restart its drilling program and continue exploration efforts at both Nickel Mountain and Casper. Updates on the drilling activities will be provided soon. Garibaldi aims to enhance shareholder value through strategic asset development in Mexico and British Columbia.

On August 18, 2020, Garibaldi Resources Corp. (TSXV: GGI, OTC: GGIFF) reported a tragic aviation accident that resulted in a fatality at Nickel Mountain, British Columbia, on August 17, 2020. CEO Steve Regoci expressed deep condolences to the bereaved family and emphasized the company's commitment to cooperate with authorities during the investigation. Garibaldi is a junior exploration company focused on asset development in Mexico and British Columbia, aiming to create shareholder value through strategic discoveries.