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Garibaldi Resources Corp
Symbol C : GGI
Shares Issued 79,333,790
Close 2017-07-26 C$ 0.175
Recent Sedar Documents

ORIGINAL: Garibaldi Resources finds mineralization at E&L

2017-07-27 11:26 ET - News Release

Received by email:

File: GGI July 27 NR FINAL.docx

GARIBALDI RESOURCES CORP.
1150 - 409 Granville Street
Vancouver, BC V6C 1T2
Telephone: (604) 488-8851 Website: GaribaldiResources.com
July 27, 2017 TSXV: GGI
OTC: GGIFF
Frankfurt: RQM
VTEM CONDUCTOR LEADS TO LARGE NEW SURFACE DISCOVERY AT GARIBALDI'S E&L PROJECT AS DRILLING NEARS 
Vancouver, British Columbia, July 27, 2017 - Garibaldi Resources TSX.V: GGI) (the "Company" or "Garibaldi") is pleased t
--->o report that crews at the company's 100%-owned E&L Project at Nickel Mountain in the heart of the Eskay Camp have made 
--->an important new surface discovery following up on the first of four major VTEM conductor targets.      
Widespread pyrrhotite-chalcopyrite mineralization has been identified on surface in gabbroic rocks that outcrop over a b
--->road area at previously unexplored "Anomaly A", approximately 6 km north-northeast of the historic E&L nickel-copper-ric
--->h mineralized zones where drilling commences shortly.
Geologists have not yet sampled the "hot zone" of the conductor, where it is strongest, but initial field examinations c
--->overing ground on the periphery of the conductor are extremely encouraging:  
Gabbro outcrops extend at least 300 meters east-west and 700 meters north-south and contain disseminated, vein-style and
---> breccia sulphides intruding Hazelton Group sediments;
A boulder field featuring strong sulphide mineralization (up to 30% in many instances) was traced for approximately 1.3 
--->km downslope from outcrop;
The abundance, size and shape of the boulders suggests they did not travel far and the source is "Anomaly A";
50 rock samples (approximately 30 chip and grab samples from outcrop and 20 grab samples from the boulder field) have be
--->en submitted for rush assaying and lithochemistry;
The mineralized gabbros at "Anomaly A" are visually identical to the mineralized gabbros at the E&L.
Steve Regoci, Garibaldi President and CEO, commented: "Most importantly, this exciting new sulphide  discovery at Nickel
---> Mountain, located at the exact coordinates of strong VTEM conductor 'A', validates the VTEM survey as we prepare for im
--->minent drilling into 'Anomaly D' immediately below the historic mineralized zones at the E&L." 
The top of the strong, broad conductor beneath E&L "Anomaly D" is estimated to be at a depth of 140 meters, approximatel
--->y 20 meters below the deepest hole drilled by Silver Standard in the 1960's.  A total of 12 shallow holes defined a nick
--->el-copper-rich massive sulphide system extending 175 m east-west, highlighted by DDH-4-1966 which returned 37.8 meters g
--->rading 1.3% nickel and 0.79% copper with 5.9% nickel and 1.7% copper over 2.74 meters near the bottom of the hole (see J
--->uly 17 GGI news release). 
Regoci adds, "The 'Anomaly A' surface discovery featuring mineralized gabbro is extremely exciting and we look forward t
--->o much more mapping and sampling there.  Successful ground-truthing of that VTEM target also suggests that the E&L nicke
--->l-copper-rich magmatic massive sulphide occurrence is indeed part of a much larger system than originally outlined from 
--->the only surface drill program ever carried out at the property in the 1960's.  We're eagerly anticipating the start of 
--->drilling at the E&L as this has all the earmarks of a game-changing discovery for our shareholders."    
Anomalies "B" and "C" are also being investigated. The north-northeast alignment of the four major anomalies ("A" throug
--->h "D") indicates a potential corridor prospective for a cluster of deposits.
Eskay Camp Area Map 
To view the location of the E&L Project, Garibaldi's other large landholdings in the Eskay Camp, and properties of all o
--->ther companies in this prolific district, please visit GGI's web site or the following URL:
http://www.garibaldiresources.com/i/photos/king/Eskay_Camp_May_2017_Inner_Core_Area_Map-min.jpg
Qualified Person
Mr. Everett F. Makela, P.Geo., Director and VP Exploration Canada for the Company, a Qualified Person as defined by NI-4
--->3-101, has reviewed and approved the scientific and technical disclosure in this news release.
About Garibaldi
Garibaldi Resources Corp. is an active Canadian-based junior exploration company focused on creating shareholder value t
--->hrough discoveries and strategic development of its assets in some of the most prolific mining regions in Mexico and Bri
--->tish 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 acc
--->uracy of this release.


File: GGI July 27 NR final PDF.pdf

                   GARIBALDI RESOURCES CORP.
                                         1150 - 409 Granville Street
                                          Vancouver, BC V6C 1T2
                         Telephone: (604) 488-8851 Website: GaribaldiResources.com
July 27, 2017                                                                                  TSXV: GGI
                                                                                              OTC: GGIFF
                                                                                           Frankfurt: RQM


  VTEM CONDUCTOR LEADS TO LARGE NEW SURFACE DISCOVERY AT
                 GARIBALDI'S E&L PROJECT AS DRILLING NEARS

Vancouver, British Columbia, July 27, 2017 - Garibaldi Resources TSX.V: GGI) (the "Company" or
"Garibaldi") is pleased to report that crews at the company's 100%-owned E&L Project at Nickel Mountain
in the heart of the Eskay Camp have made an important new surface discovery following up on the first of
four major VTEM conductor targets.

Widespread pyrrhotite-chalcopyrite mineralization has been identified on surface in gabbroic rocks that
outcrop over a broad area at previously unexplored "Anomaly A", approximately 6 km north-northeast of the
historic E&L nickel-copper-rich mineralized zones where drilling commences shortly.
Geologists have not yet sampled the "hot zone" of the conductor, where it is strongest, but initial field
examinations covering ground on the periphery of the conductor are extremely encouraging:

        Gabbro outcrops extend at least 300 meters east-west and 700 meters north-south and contain
        disseminated, vein-style and breccia sulphides intruding Hazelton Group sediments;
        A boulder field featuring strong sulphide mineralization (up to 30% in many instances) was traced
        for approximately 1.3 km downslope from outcrop;
        The abundance, size and shape of the boulders suggests they did not travel far and the source is
        "Anomaly A";
        50 rock samples (approximately 30 chip and grab samples from outcrop and 20 grab samples from
        the boulder field) have been submitted for rush assaying and lithochemistry;
        The mineralized gabbros at "Anomaly A" are visually identical to the mineralized gabbros at the
        E&L.

Steve Regoci, Garibaldi President and CEO, commented: "Most importantly, this exciting new sulphide
discovery at Nickel Mountain, located at the exact coordinates of strong VTEM conductor `A', validates the
VTEM survey as we prepare for imminent drilling into `Anomaly D' immediately below the historic
mineralized zones at the E&L."
The top of the strong, broad conductor beneath E&L "Anomaly D" is estimated to be at a depth of 140 meters,
approximately 20 meters below the deepest hole drilled by Silver Standard in the 1960's. A total of 12
shallow holes defined a nickel-copper-rich massive sulphide system extending 175 m east-west, highlighted
by DDH-4-1966 which returned 37.8 meters grading 1.3% nickel and 0.79% copper with 5.9% nickel and
1.7% copper over 2.74 meters near the bottom of the hole (see July 17 GGI news release).
Regoci adds, "The `Anomaly A' surface discovery featuring mineralized gabbro is extremely exciting and
we look forward to much more mapping and sampling there. Successful ground-truthing of that VTEM target
also suggests that the E&L nickel-copper-rich magmatic massive sulphide occurrence is indeed part of a
much larger system than originally outlined from the only surface drill program ever carried out at the
 Garibaldi Resources Corp.                        News Release                                            Page 2

property in the 1960's. We're eagerly anticipating the start of drilling at the E&L as this has all the earmarks
of a game-changing discovery for our shareholders."

Anomalies "B" and "C" are also being investigated. The north-northeast alignment of the four major
anomalies ("A" through "D") indicates a potential corridor prospective for a cluster of deposits.

Eskay Camp Area Map
To view the location of the E&L Project, Garibaldi's other large landholdings in the Eskay Camp, and
properties of all other companies in this prolific district, please visit GGI's web site or the following URL:
http://www.garibaldiresources.com/i/photos/king/Eskay_Camp_May_2017_Inner_Core_Area_Map-
min.jpg

Qualified Person
Mr. Everett F. Makela, P.Geo., Director and VP Exploration Canada for the Company, a Qualified Person as
defined by NI-43-101, has reviewed and approved the scientific and technical disclosure in this news release.

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.
 


© 2017 Canjex Publishing Ltd. All rights reserved.