Wednesday, January 22, 2020

Garibaldi Resources (GGI.V) - 7.62gpt AuEq over 78meters and 4.64gpt AuEq over 90meters

Garibaldi Resources (GGI.V) - 7.62gpt AuEq over 78meters and  4.64gpt AuEq over 90meters

Complete intervals and AuEq of intercepts today (the massive/semi-massives are included within these intervals). EL-19-75 hitting 90m @ 4.64gpt AuEq and EL-19-71 hitting 78m @ 7.62gpt AuEq.


Is the Nickel Mountain deposit's tonnage growing? I'd say yes.


Massive sulphide zones are growing:
- LDZ by 25m
- NE Zone by 8m
- New near surface massive-semi-massive zone adjacent to Central Zone, minimum 50m strike length

New mineralized areas are being found:
- Under the Conduit Zone, under hole 65, found in hole 67



Continued blue sky potential being demonstrated? I'd say yes.

Anomaly F amd Q. Mira Geoscience presenting anomalies at AME Roundup (hope the company provides this presentation at some time)

From the NR "Dr. Peter Lightfoot, Garibaldi Technical Adviser, commented: “Geochemical data from holes 66 through 75 provide important new clues for the location of additional segments of the E&L Intrusion at depth below and to the east of the E&L mineral zone. The discovery of elevated Nickel tenor at depth below the E&L strongly supports the idea that the open system intrusion has extensive exploration potential.”

Full data set:



Disclaimer:
The author is not a registered investment advisor, currently has a long position in this stock. The author has not been paid by anyone to write this article. All facts are to be checked by the reader. For more information go to www.garibaldiresources.com and read the company’s profile and  official documents on www.sedar.com, also for important risk disclosures. This article is provided for information  purposes only, and is not intended to be investment advice of any kind, and all readers are encouraged to do their own due diligence, and talk to their own licensed investment advisors prior to making any investment decisions.