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Garibaldi Consolidates Otter Creek Lode Gold Discovery
Garibaldi Consolidates Otter Creek Lode Gold Discovery Canada NewsWire ...
About this update from Garibaldi Resources Corp.
[{"type":"text","content":"\n \n \n \n Garibaldi Consolidates Otter Creek Lode Gold Discovery\n \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.prntar{\nTEXT-ALIGN: RIGHT\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n TSXV: GGI\n \n OTC: GGIFF\n \n Frankfurt: RQM\n \n \n \n VANCOUVER, BC\n \n ,\n \n June 11, 2021\n \n /CNW/ - Garibaldi Resources (TSXV: GGI) (the \"Company\" or \"Garibaldi\") is pleased to announce the addition of key claims expanding the Company's Otter Creek lode gold prospect to 8,704 total hectares within the Atlin Gold fields. The Otter Creek claims are located 12 kms east of\n \n Atlin\n \n in northwest\n \n British Columbia\n \n .\n \n Atlin\n \n has been a rich placer gold mining district since the Klondike gold rush from the mid 1800's to the present day, rivalling Barkerville during the Cariboo gold rush. Until recently, the source of\n \n Atlin's\n \n coarse gold placers had remained elusive.\n \n \n The first announcement of a new lode gold discovery on Otter Creek was made by British Columbia Geological Survey (BCGS) geologists in a 2017 published paper titled \"A new lode gold discovery at Otter Creek: another source for the\n \n Atlin\n \n placers.\" Garibaldi had previously acquired 100% ownership of the hard rock mineral rights on the discovery section of Otter Creek. Placer operations enabled geologists to sample and map the bedrock in excavated pits before backfilling, allowing access to the BCGS geologists who published the lode gold discovery.\n \n \n The Otter Creek lode gold discovery provides strong evidence that\n \n Atlin's\n \n rich coarse crystalline gold placers are sourced from proximal high-grade gold veins rather than previously assumed eroded distal listwanite deposits. Garibaldi's new acquisition in the Atlin Gold fields consolidates a core land package that occupies nearly the entire 10 km length of Otter Creek. Significantly, Garibaldi's geology team considers the expanded claims package covering the Otter Creek placers as an important exploration priority. With excellent road access and infrastruct...