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File: GGI April 12 NR FINAL.docx

GARIBALDI RESOURCES CORP.
1150 - 409 Granville Street
Vancouver, BC V6C 1T2
Telephone: (604) 488-8851 Web Site: GaribaldiResources.com
April 12, 2016 TSXV: GGI
OTC: GGIFF 
Frankfurt: RQM
GARIBALDI EXERCISES OPTION TO ACQUIRE 100% INTEREST
IN HIGH-GRADE SILVER-GOLD TARGET AT ISKUT RIVER CAMP

Vancouver, British Columbia, April 12, 2016 - Garibaldi Resources Corp. (TSX.V: GGI) (the "Company" or "Garibaldi") (t
--->he "Company") is pleased to announce that it has exercised its option to acquire a 100% interest in the King Property 
--->featuring high-grade silver-lead-zinc and gold-copper mineralization over several known target zones 12 km north of th
--->e Iskut River in northwest B.C.'s Golden Triangle.
The 15 sq. km King Property is proximal to several historic mines including Snip and Eskay Creek in an area that has r
--->ecently benefited from dramatic advances in infrastructure with the completion of the Forrest Kerr hydroelectric proje
--->ct. These improvements have aided the development of Pretium Resources' Brucejack mine now under construction and Seab
--->ridge Gold's massive Kerr-Sulphurets-Mitchell deposits.
295 g/t Ag & 19.4% Pb-Zn Over 6 Meters From Trenching At King
Limited recent trenching and sampling carried out by Garibaldi over part of the North Zone, one of the target areas id
--->entified in the 1980's at the King, supports historic results and returned a high-grade interval in one trench that av
--->eraged 295 g/t Ag with 19.4% combined Pb-Zn over six meters across the strike of the mineralized zone.   
The South Zone is also prospective for high-grade silver-lead-zinc mineralization while the Central Zone has returned 
--->high-grade gold values from historical surface sampling at the Chubby Creek prospect. A follow-up exploration program 
--->is being prepared in order to define and prioritize preliminary drill targets. 
Steve Regoci, Garibaldi President and CEO, commented: "The Iskut River gold camp remains exceptionally prospective. Ki
--->ng is within favorable geology along trend, and large underexplored areas directly south of King will be the focus of 
--->upcoming extensive programs as announced by Skeena Resources and Colorado Resources at the past producing Snip mine an
--->d the KSP Property, respectively. This camp has the potential to produce important new discoveries this summer.  Limit
--->ed historical work at King has been encouraging and receding glaciers have revealed new exposures at surface. 
"With our flagship Grizzly Project, the Red Lion and now 100% of the King, we're in position to capture more value tha
--->n ever in British Columbia as we continue drilling and building on our success in Mexico," Regoci concluded.  
King Terms
The final outstanding payment to the vendor was satisfied in exchange for expanding an internal cell retained by the v
--->endor as provided for under an amendment to the original agreement dated August 15, 2009.


Grizzly Project Update
Samples from the recent drilling discovery at Grizzly Central (Ultra 1 Zone) are undergoing advanced metallurgical tes
--->ting in order to determine the potential for recovery of both high-grade magnesium and nickel from what appears to be 
--->a very large deposit based on widely-spaced drill holes, a homogenous "black unit", and a geophysical signature 3 km l
--->ong and up to 1 km wide. Garibaldi expects to be able to report preliminary results during the week of April 18.
Rodadero Project Update 
First-ever drilling continues at the Rambo high-grade gold-silver target contiguous to a known robust vein system on t
--->he eastern edge of the Rodadero Project in Sonora State, Mexico. The discovery model for Rambo closely parallels the o
--->ne developed by the same Garibaldi geologist for the high-grade Don Ese vein system, now an important part of Coeur Mi
--->ning's Palmarejo mine in Chihuahua State.
Corporate Fact Sheet
To view the updated corporate Fact Sheet for Garibaldi Resources, please visit the following URL:
http://www.garibaldiresources.com/i/pdf/GGI-Fact-Sheet-April-6.pdf
Quality Assurance and Control
Samples from the King Property were sealed in plastic sample bags and shipped by bonded commercial transport to ALS Ch
--->emex in North Vancouver. All samples were prepared and analyzed by ALS Chemex. Samples were dried, crush to -100 mesh 
--->and analyzed by AA23 for gold and by ICP 421 for copper and a suite of 41 elements. All over-limit silver, lead and zi
--->nc analyses were performed by gravimetric methods with an error range of 0.01%. 
Qualified Person
Carl Von Einsiendel, a non-independent geological consultant and a Qualified Person as defined by NI-43-101, has revie
--->wed this release and approved the geological content thereof.
About Garibaldi
Garibaldi Resources Corp. is an active Canadian-based junior exploration company focused on creating shareholder value
---> through discoveries and strategic development of its assets in some of the most prolific mining regions in Mexico and
---> British Columbia.
We seek safe harbor.
GARIBALDI RESOURCES CORP.
Per: "Steve Regoci"
Steve Regoci, President
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or the a
--->ccuracy of this release.


File: GGI April 12 NR FINAL PDF version.pdf

                  GARIBALDI RESOURCES CORP.
                                          1150 - 409 Granville Street
                                           Vancouver, BC V6C 1T2
                         Telephone: (604) 488-8851 Web Site: GaribaldiResources.com

April 12, 2016                                                                                         TSXV: GGI
                                                                                                       OTC: GGIFF
                                                                                                    Frankfurt: RQM


      GARIBALDI EXERCISES OPTION TO ACQUIRE 100% INTEREST

    IN HIGH-GRADE SILVER-GOLD TARGET AT ISKUT RIVER CAMP

Vancouver, British Columbia, April 12, 2016 - Garibaldi Resources Corp. (TSX.V: GGI) (the "Company" or
"Garibaldi") (the "Company") is pleased to announce that it has exercised its option to acquire a 100% interest
in the King Property featuring high-grade silver-lead-zinc and gold-copper mineralization over several known
target zones 12 km north of the Iskut River in northwest B.C.'s Golden Triangle.

The 15 sq. km King Property is proximal to several historic mines including Snip and Eskay Creek in an area
that has recently benefited from dramatic advances in infrastructure with the completion of the Forrest Kerr
hydroelectric project. These improvements have aided the development of Pretium Resources' Brucejack mine
now under construction and Seabridge Gold's massive Kerr-Sulphurets-Mitchell deposits.

295 g/t Ag & 19.4% Pb-Zn Over 6 Meters From Trenching At King

Limited recent trenching and sampling carried out by Garibaldi over part of the North Zone, one of the target
areas identified in the 1980's at the King, supports historic results and returned a high-grade interval in one trench
that averaged 295 g/t Ag with 19.4% combined Pb-Zn over six meters across the strike of the mineralized zone.

The South Zone is also prospective for high-grade silver-lead-zinc mineralization while the Central Zone has
returned high-grade gold values from historical surface sampling at the Chubby Creek prospect. A follow-up
exploration program is being prepared in order to define and prioritize preliminary drill targets.

Steve Regoci, Garibaldi President and CEO, commented: "The Iskut River gold camp remains exceptionally
prospective. King is within favorable geology along trend, and large underexplored areas directly south of King
will be the focus of upcoming extensive programs as announced by Skeena Resources and Colorado Resources
at the past producing Snip mine and the KSP Property, respectively. This camp has the potential to produce
important new discoveries this summer. Limited historical work at King has been encouraging and receding
glaciers have revealed new exposures at surface.

"With our flagship Grizzly Project, the Red Lion and now 100% of the King, we're in position to capture more
value than ever in British Columbia as we continue drilling and building on our success in Mexico," Regoci
concluded.

King Terms

The final outstanding payment to the vendor was satisfied in exchange for expanding an internal cell retained by
the vendor as provided for under an amendment to the original agreement dated August 15, 2009.
 Garibaldi Resources Corp.                       News Release                                             Page 2

Grizzly Project Update

Samples from the recent drilling discovery at Grizzly Central (Ultra 1 Zone) are undergoing advanced
metallurgical testing in order to determine the potential for recovery of both high-grade magnesium and nickel
from what appears to be a very large deposit based on widely-spaced drill holes, a homogenous "black unit", and
a geophysical signature 3 km long and up to 1 km wide. Garibaldi expects to be able to report preliminary results
during the week of April 18.

Rodadero Project Update

First-ever drilling continues at the Rambo high-grade gold-silver target contiguous to a known robust vein system
on the eastern edge of the Rodadero Project in Sonora State, Mexico. The discovery model for Rambo closely
parallels the one developed by the same Garibaldi geologist for the high-grade Don Ese vein system, now an
important part of Coeur Mining's Palmarejo mine in Chihuahua State.

Corporate Fact Sheet

To view the updated corporate Fact Sheet for Garibaldi Resources, please visit the following URL:

http://www.garibaldiresources.com/i/pdf/GGI-Fact-Sheet-April-6.pdf

Quality Assurance and Control

Samples from the King Property were sealed in plastic sample bags and shipped by bonded commercial transport
to ALS Chemex in North Vancouver. All samples were prepared and analyzed by ALS Chemex. Samples were
dried, crush to -100 mesh and analyzed by AA23 for gold and by ICP 421 for copper and a suite of 41 elements.
All over-limit silver, lead and zinc analyses were performed by gravimetric methods with an error range of
0.01%.

Qualified Person

Carl Von Einsiendel, a non-independent geological consultant and a Qualified Person as defined by NI-43-101,
has reviewed this release and approved the geological content thereof.

About Garibaldi

Garibaldi Resources Corp. is an active Canadian-based junior exploration company focused on creating
shareholder value through discoveries and strategic development of its assets in some of the most prolific mining
regions in Mexico and British Columbia.

We seek safe harbor.

GARIBALDI RESOURCES CORP.

Per: "Steve Regoci"

Steve Regoci, President

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy
or the accuracy of this release.