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Garibaldi Builds on Nickel Mountain Discovery

Garibaldi Builds on Nickel Mountain Discovery Canada NewsWire VANCOUVER, Oct. 13...

articleGaribaldi Resources Corp.October 13, 20175/company/garibaldi-resources-corp/news/garibaldi-builds-on-nickel-mountain-discovery
Garibaldi Builds on Nickel Mountain Discovery

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[{"type":"text","content":"\n\n\n\nGaribaldi Builds on Nickel Mountain Discovery\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Oct. 13, 2017\n\n\n\nTSXV: GGIOTC: GGIFFFrankfurt: RQM\n\n\n\nVANCOUVER, Oct. 13, 2017 /CNW/ - Garibaldi Resources (TSX.V: GGI) (the \"Company\" or \"Garibaldi\") is pleased to report that an ongoing drill program utilizing two rigs continues to expand northwest British Columbia's first nickel-copper rich sulphide system at the Company's 100%-owned Nickel Mountain Project near Eskay Creek. \n\nHighlights:\n\n\nAll 11 additional holes completed since EL-17-01 (see September 1, 2017 news release) have returned broad sections of disseminated to blebby net textured sulphides (pyrrhotite-pentlandite-chalcopyrite), hosted in olivine gabbro, consistent with a much larger scale mineralizing event than ever previously suspected at Nickel Mountain;\nXRF analysis of drill core supports the very high tenor of the sulphide at Nickel Mountain as previously disclosed by the Company (photos of representative sulphide-bearing core from the new discovery zone are available for viewing at GaribaldiResources.com);\nAssaying of drill core is being carried out by SGS in Vancouver and Garibaldi eagerly anticipates reporting initial results as they become available during the second half of this month. \n\nDr. Peter Lightfoot, an internationally recognized nickel sulphide expert and a technical adviser for Garibaldi, commented: \"The host rocks at Nickel Mountain comprise a differentiated sequence of variable-textured and orbicular-textured gabbros and olivine gabbro with abundant disseminated interstitial sulphide. The exceptional tenor of the sulphide is a compelling feature of Nickel Mountain.  \n\n\"When viewed in a global context,\" Dr. Lightfoot continued, \"Nickel Mountain is a classic example of an intrusion produced by open system emplacement of silicate and sulphide magma through a dynamic magma tube within a differentiated gabbroic complex. This intrusion represents an open system magma highway along which successive batches of silicate and sul...

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