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File: GGI Oct 18 NR FINAL.docx

 GARIBALDI RESOURCES CORP.
1150 - 409 Granville Street Vancouver, BC V6C 1T2
Telephone: (604) 488-8851 Website: GaribaldiResources.com
October 18, 2018 TSXV: GGI
OTC: GGIFF
Frankfurt: RQM

GARIBALDI DRILLS INTO NEW ZONE AT NICKEL MOUNTAIN


Vancouver, British Columbia, October 18, 2018 - Garibaldi Resources (TSXV: GGI; OTC: GGIFF) is pleased to announce tha
--->t the continuing drill program at Nickel Mountain, combined with surface sampling of new massive sulphide outcrops exp
--->osed by melting ice and snow, has confirmed a third discovery area known as the "Central" zone in between the Northwes
--->t and Discovery zones.
Up until this summer, much of the Central zone was covered by ice and snow.  Fresh massive sulphides revealed by a rec
--->eding ice sheet reinforces the potential of the untested 1.6-km-long and 1-km-wide E&L icefield to host a major expans
--->ion of the Golden Triangle's first magmatic nickel-copper-rich sulphide system which remains open in all directions.
Highlights:
Initial shallow drilling in the Central zone has intersected visually strong nickel sulphide mineralization over signi
--->ficant widths to depths of 75 meters - deeper holes are planned;
Three massive sulphide showings (Crevasse, Gully and Cliff) have been identified in the Central zone, exposed by the r
--->etreating icefield, featuring a classic Nickel Mountain pyrrhotite-pentlandite-chalcopyrite mineral assemblage;
XRF analysis completed on samples from one of the showings (Crevasse) supports a grade profile consistent with the Dis
--->covery zone.
Steve Regoci, Garibaldi President and CEO, commented: "The prospect of Discovery zone-type mineralization at surface, 
--->previously hidden by the ice, and at shallow depths in drilling in the Central zone is another exciting development at
---> Nickel Mountain. Evidence points toward an Intrusive Complex with deep roots, so we look forward to continued delinea
--->tion of the Central zone and a first-ever look well beneath the adjoining icefield to the north and northeast through 
--->drilling and borehole EM."
Crevasse Showing
Massive sulphides are exposed semi-continuously west to east for 34 meters where ice and talus overlay portions of the
---> outcrop. The showing has a thickness of approximately four meters perpendicular to its long axis, where it extends un
--->der the ice in both directions. Massive sulphides have also been located approximately five meters below the top of th
--->e ice level in an ice cave. A total of 16 chip samples were collected along strike and have been submitted for assayin
--->g. XRF analysis of these 16 samples, plus a 392-pound block of solid massive sulphide that was cut out from the ice, s
--->uggest a grade profile consistent with the Discovery zone to the east-southeast.
Gulley Showing
Three separate massive sulphide outcrops have been exposed in the Central zone gulley, north to south, for a strike le
--->ngth of 44 meters. These were exposed by hand trenching after significant snow melt. The presence of angular sulphide 
--->boulders in the talus indicated there may be massive sulphides directly below.
Cliff Showing 
Semi-massive and massive sulphides have been identified in Central zone cliffs where a build-up of ice and snow had pr
--->eviously prevented access. Sulphides are exposed trending east-west for a strike length of 21 meters along a gabbro/dy
--->ke contact.
 
Drilling Update 
Garibaldi has completed 29 drill holes (10,623 meters) in its 2018 campaign or 43 altogether including the 2017 progra
--->m that led to the discovery of nickel-copper-rich massive sulphides east of the historic E&L Northwest zone. Garibaldi
---> looks forward to the release of additional assay results during this second half of October.
Maps and Photos
To view Nickel Mountain maps and fresh core photos for reported drill holes, please visit the Garibaldi web site (Gari
--->baldiResources.com).
Quality Assurance/Quality Control (QA/QC)
Garibaldi Resources has applied a rigorous quality assurance/quality control program at the E&L Nickel Mountain Projec
--->t using best industry practice. All core was logged by or under the supervision of an accredited professional geoscien
--->tist and selected intervals were sampled. NQ2 drill core was sawn in half and each sample half was placed in a marked 
--->sample bag with a corresponding sample tag then sealed. The remaining half core is retained in core boxes that are sto
--->red at a secure facility in Smithers, B.C. Chain of custody of samples was recorded and maintained for all samples fro
--->m the drill to the laboratory.
All diamond drilling sample batches included 5% QA/QC samples consisting of certified blanks, standards and field dupl
--->icates. Two certified ore assay laboratory standards and one blank standard were used in the process and were supplied
---> by CDN Resource Laboratories Ltd., an independent laboratory located in Langley, B.C. Samples were submitted to SGS C
--->anada Inc. in Vancouver, B.C., an ISO 9001: 2008 certified lab, for base metal, sulphur and precious metal analysis us
--->ing Inductivity Coupled Plasma (ICP), Fire Assay and Leco methods.
Samples were prepared by crushing the entire sample to 75%, passing 2 mm, riffle splitting 250g and pulverizing the sp
--->lit to better than 85% passing 75 microns. Gold, platinum and palladium were analyzed using a 30-gram fire assay and I
--->CP-AES. Total sulphur and total carbon were analyzed using a Leco method. Nickel, copper, cobalt, silver and base meta
--->ls were analyzed by peroxide fusion and ICP-MS.
The performance on the blind standards, blanks and duplicates achieved high levels of accuracy and reproducibility and
---> has been verified by Everett Makela, P.Geo., a Qualified Person as defined by NI-43-101.
Qualified Person & Data Verification
Mr. Everett Makela, P.Geo., Director/VP Exploration Canada for the Company, and a Qualified Person as defined by NI-43
--->-101, has supervised the preparation of, and has reviewed and approved of, the disclosure of information in this news 
--->release. Mr. Makela has verified the data, including drilling, sampling, test and recovery data by supervising all suc
--->h procedures. There are no known factors that could materially affect the reliability of data collected and verified u
--->nder his supervision. No quality assurance/quality control issues have been identified to date.
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.
GARIBALDI RESOURCES CORP
Per: "Steve Regoci"
Steve Regoci,
President & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or the a
--->ccuracy of this release.


File: GGI Oct 18 NR pdf FINAL.pdf

                        GARIBALDI RESOURCES CORP.
                                               1150 - 409 Granville Street
                                                Vancouver, BC V6C 1T2
                               Telephone: (604) 488-8851 Website: GaribaldiResources.com
  October 18, 2018                                                                                                 TSX
--->V: GGI
                                                                                                                  OTC:
---> GGIFF
                                                                                                                Frankf
--->urt: RQM


              GARIBALDI DRILLS INTO NEW ZONE AT NICKEL MOUNTAIN

Vancouver, British Columbia, October 18, 2018   Garibaldi Resources (TSXV: GGI; OTC: GGIFF) is pleased to announce tha
--->t
the continuing drill program at Nickel Mountain, combined with surface sampling of new massive sulphide outcrops expos
--->ed by
melting ice and snow, has confirmed a third discovery area known as the "Central" zone in between the Northwest and Di
--->scovery
zones.

Up until this summer, much of the Central zone was covered by ice and snow. Fresh massive sulphides revealed by a rece
--->ding
ice sheet reinforces the potential of the untested 1.6-km-long and 1-km-wide E&L icefield to host a major expansion of
---> the Golden
Triangle's first magmatic nickel-copper-rich sulphide system which remains open in all directions.

Highlights:

    dot   Initial shallow drilling in the Central zone has intersected visually strong nickel sulphide mineralization 
--->over significant
        widths to depths of 75 meters - deeper holes are planned;
    dot   Three massive sulphide showings (Crevasse, Gully and Cliff) have been identified in the Central zone, expose
--->d by the
        retreating icefield, featuring a classic Nickel Mountain pyrrhotite-pentlandite-chalcopyrite mineral assemblag
--->e;
    dot    XRF analysis completed on samples from one of the showings (Crevasse) supports a grade profile consistent w
--->ith the
         Discovery zone.

Steve Regoci, Garibaldi President and CEO, commented: "The prospect of Discovery zone-type mineralization at surface,
previously hidden by the ice, and at shallow depths in drilling in the Central zone is another exciting development at
---> Nickel
Mountain. Evidence points toward an Intrusive Complex with deep roots, so we look forward to continued delineation of 
--->the
Central zone and a first-ever look well beneath the adjoining icefield to the north and northeast through drilling and
---> borehole
EM."

Crevasse Showing

Massive sulphides are exposed semi-continuously west to east for 34 meters where ice and talus overlay portions of the
---> outcrop.
The showing has a thickness of approximately four meters perpendicular to its long axis, where it extends under the ic
--->e in both
directions. Massive sulphides have also been located approximately five meters below the top of the ice level in an ic
--->e cave. A
total of 16 chip samples were collected along strike and have been submitted for assaying. XRF analysis of these 16 sa
--->mples, plus
a 392-pound block of solid massive sulphide that was cut out from the ice, suggest a grade profile consistent with the
---> Discovery
zone to the east-southeast.

Gulley Showing

Three separate massive sulphide outcrops have been exposed in the Central zone gulley, north to south, for a strike le
--->ngth of 44
meters. These were exposed by hand trenching after significant snow melt. The presence of angular sulphide boulders in
---> the talus
indicated there may be massive sulphides directly below.

Cliff Showing
Semi-massive and massive sulphides have been identified in Central zone cliffs where a build-up of ice and snow had pr
--->eviously
prevented access. Sulphides are exposed trending east-west for a strike length of 21 meters along a gabbro/dyke contac
--->t.
 Drilling Update

Garibaldi has completed 29 drill holes (10,623 meters) in its 2018 campaign or 43 altogether including the 2017 progra
--->m that led
to the discovery of nickel-copper-rich massive sulphides east of the historic E&L Northwest zone. Garibaldi looks forw
--->ard to the
release of additional assay results during this second half of October.

Maps and Photos

To view Nickel Mountain maps and fresh core photos for reported drill holes, please visit the Garibaldi web site
(GaribaldiResources.com).

Quality Assurance/Quality Control (QA/QC)

Garibaldi Resources has applied a rigorous quality assurance/quality control program at the E&L Nickel Mountain Projec
--->t using
best industry practice. All core was logged by or under the supervision of an accredited professional geoscientist and
---> selected
intervals were sampled. NQ2 drill core was sawn in half and each sample half was placed in a marked sample bag with a
corresponding sample tag then sealed. The remaining half core is retained in core boxes that are stored at a secure fa
--->cility in
Smithers, B.C. Chain of custody of samples was recorded and maintained for all samples from the drill to the laborator
--->y.

All diamond drilling sample batches included 5% QA/QC samples consisting of certified blanks, standards and field dupl
--->icates.
Two certified ore assay laboratory standards and one blank standard were used in the process and were supplied by CDN 
--->Resource
Laboratories Ltd., an independent laboratory located in Langley, B.C. Samples were submitted to SGS Canada Inc. in Van
--->couver,
B.C., an ISO 9001: 2008 certified lab, for base metal, sulphur and precious metal analysis using Inductivity Coupled P
--->lasma
(ICP), Fire Assay and Leco methods.

Samples were prepared by crushing the entire sample to 75%, passing 2 mm, riffle splitting 250g and pulverizing the sp
--->lit to
better than 85% passing 75 microns. Gold, platinum and palladium were analyzed using a 30-gram fire assay and ICP-AES.
---> Total
sulphur and total carbon were analyzed using a Leco method. Nickel, copper, cobalt, silver and base metals were analyz
--->ed by
peroxide fusion and ICP-MS.

The performance on the blind standards, blanks and duplicates achieved high levels of accuracy and reproducibility and
---> has been
verified by Everett Makela, P.Geo., a Qualified Person as defined by NI-43-101.

Qualified Person & Data Verification

Mr. Everett Makela, P.Geo., Director/VP Exploration Canada for the Company, and a Qualified Person as defined by NI-43
--->-101,
has supervised the preparation of, and has reviewed and approved of, the disclosure of information in this news releas
--->e. Mr.
Makela has verified the data, including drilling, sampling, test and recovery data by supervising all such procedures.
---> There are no
known factors that could materially affect the reliability of data collected and verified under his supervision. No qu
--->ality
assurance/quality control issues have been identified to date.

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.
GARIBALDI RESOURCES CORP

Per: "Steve Regoci"
Steve Regoci,
President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or the a
--->ccuracy of this
release.