Mr. Steve Regoci reports

PROMINENT NICKEL EXPERT JOINS GARIBALDI TEAM AS UNIQUE GOLDEN TRIANGLE DEPOSIT GAINS RECOGNITION

Internationally renowned nickel expert Dr. Peter Lightfoot has joined Garibaldi Resources Corp.'s advisory board as Garibaldi moves aggressively to unlock the potential of the first magmatic nickel-copper-rich massive sulphide system in the heart of British Columbia's prolific Eskay mining camp.

Dr. Lightfoot, who in the summer of 2016 published the first comprehensive textbook on the ore deposits of the Sudbury igneous complex, enjoyed a distinguished 20-year career as a geologist with Inco and Vale beginning in 1996. He was initially responsible for exploration at Voisey's Bay before being appointed chief geologist responsible for technical aspects of exploration programs at Voisey's Bay, Sudbury and Thompson.

Dr. Lightfoot commented: "The opportunity at E&L comprises mineralization with unusually high nickel tenor of the sulphide and value-added copper in a mafic intrusion that has seen minimal previous exploration. The combination of structural geology, petrology and geochemistry offer a pathway to focus the nickel-copper exploration effort. It's a pleasure to join the team at Garibaldi, and I look forward to helping advance this exciting project."

Steve Regoci, Garibaldi president and chief executive officer, stated: "We are delighted to have Dr. Lightfoot join our advisory board. His expertise will provide highly valued input as we aim to uncover a much larger and even richer deposit at the E&L. His addition underscores our extraordinary team of nickel sulphide specialists led by our new directors, Everett Makela, PGeo, vice-president, exploration, Canada, and Dr. Raymond Goldie. We continue to consult with industry leaders as we progress with geophysical surveys in advance of a planned 2017 drill program for what we believe is the most compelling project of its kind in Canada right now."

Dr. Lightfoot -- additional background

Dr. Lightfoot received his BA in earth sciences from Oxford in 1980, his MSc degree from the University of Toronto in 1982, and his PhD from the Open University (U.K.) in 1985. Following postdoctoral studies at the University of Toronto, he began a 10-year career with the Ontario Geological Survey in 1987 and worked extensively on the geology and geochemistry of Sudbury and Noril'sk before joining Inco in 1986.

At the beginning of 2017, Dr. Lightfoot was appointed as the Hutchinson visiting industry professor at the University of Western Ontario. He is now an independent consultant to the minerals industry. His company, Lightfoot Geoscience Inc., provides consulting services to companies exploring for and developing nickel-copper-cobalt-platinum-group-element sulphide and laterite ore deposits.

Garibaldi's Eskay camp holdings exceed 200 square kilometres (E&L, PSP, King)

Garibaldi's 100-per-cent-owned E&L project anchors a series of highly prospective targets within the company's expanded holdings of just over 200 square kilometres covering three projects in the heart of the Eskay camp. The zinc-rich Brass Hill target (see Oct. 28, 2016, news release) approximately 2.7 kilometres northeast of the E&L deposit at E&L East is one of a number of sulphide and precious metal occurrences that were sampled last summer. Updates on the PSP, adjacent and contiguous to Eskay Creek, and the King will be provided soon.

We seek Safe Harbor.