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Garibaldi Commences 2018 Exploration Campaign at Nickel Mountain
Garibaldi Commences 2018 Exploration Campaign at Nickel Mountain Canada NewsWire ...
About this update from Garibaldi Resources Corp.
[{"type":"text","content":"\n\n\n\nGaribaldi Commences 2018 Exploration Campaign at Nickel Mountain\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, Feb. 16, 2018\n\n\n\nTSXV: GGIOTC: GGIFFFrankfurt: RQM\n\n\n\nVANCOUVER, Feb. 16, 2018 /CNW/ - Garibaldi Resources (TSX.V: GGI) (the \"Company\" or \"Garibaldi\") is pleased to announce that crews have mobilized to immediately launch extensive helicopter-borne Versatile Time-Doman Electromagnetic (VTEM) and magnetics surveys at the company's Nickel Mountain Project and surrounding claims in the Eskay Camp.  \n\nGeotech's surveys will cover up to approximately 1,650 line kilometers of Garibaldi's claim group, nearly triple the size of the 2017 program that returned multiple high-priority conductors including the one that led to the discovery of nickel-copper-rich massive sulphides east of the historic E&L deposit at Nickel Mountain.   \n\nSteve Regoci, Garibaldi President and CEO, commented:  \"Given the tremendous success with geophysics at Nickel Mountain in 2017, as demonstrated by compelling drilling results and a unique discovery in this Camp, we're excited by what we may learn from this expanded program covering the entire trend.\n\n\"We are several months ahead of last year's exploration schedule as we prepare to follow up on our last hole (EL-17-14) highlighted by a 16.75-meter massive sulphide interval grading 8.3% nickel and 4.2% copper, along with PGE, gold, silver and cobalt credits,\" Regoci concluded (see Dec. 8, 2017 news release).  \n\nTo accelerate the resumption of drilling, and to extend the drilling season as long as possible, Garibaldi is constructing upgraded prefab survival shacks for crews to utilize at the drill site while other cost-effective strategies are in the final planning stages.  \n\nPerformance Shares And Options\n\nFurther to an agreement between Garibaldi and EFMX Consulting Ltd. of Sudbury, Ontario, a corporate entity wholly owned by the VP of Exploration for Garibaldi, the Company will issue a one-time tranche of 300,000 shares of Garibaldi as part of ...