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Garibaldi Drilling Tracks Nickel-Copper Rich Massive Sulphide Conductors to New Discovery Zone
Garibaldi Drilling Tracks Nickel-Copper Rich Massive Sulphide Conductors to New Discovery ...
About this update from Garibaldi Resources Corp.
[{"type":"text","content":"\n\n\n\nGaribaldi Drilling Tracks Nickel-Copper Rich Massive Sulphide Conductors to New Discovery Zone\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, Nov. 20, 2017\n\n\n\nTSXV: GGIOTC: GGIFFFrankfurt: RQM\n\n\n\nVANCOUVER, Nov. 20, 2017 /CNW/ - Garibaldi Resources (TSX.V: GGI) (the \"Company\" or \"Garibaldi\") is pleased to announce that the latest drill hole (EL-17-14) at the Company's 100%-owned E&L Project at Nickel Mountain near Eskay Creek has intersected an important new discovery zone featuring massive nickel-copper-rich sulphides east of the historic E&L deposit.\n\nDiscovery hole EL-17-14, guided by successful earlier holes and Volterra borehole EM technology, entered massive sulphide mineralization at a depth of 123.75 meters and remained in massive sulphides over 16.7 meters (55.1 feet).\n\nAlthough assays from hole 14 are pending, along with results from nine other holes, of particular potential significance regarding EL-17-14 is that in an earlier drill hole, 7.2% nickel, strong copper grades and a suite of other metals are now confirmed by SGS Canada in massive sulphides at relatively shallow depths in the immediate vicinity of EL-17-14 based on just-received assays from the fourth hole (EL-17-04) of the Nickel Mountain program.\n\nDrilled toward the east into an area untested by 1960's drilling, EL-17-04 cut 7.2% nickel, 3.4% copper, 0.82 g/t palladium, 0.78 g/t platinum, 0.40 g/t Au, 10 g/t Ag and 0.195% cobalt over 4.8 meters (approximate true width) in massive pentlandite-chalcopyrite-pyrrhotite at the bottom of a broader 48.2-meter interval highlighted by 1.1% nickel.\n\nDiscovery Zone Hole 14 Highlights:\n\n\nEL-17-14, completed to a depth of 252 meters, was collared 200 meters east of the historic main zone and was drilled toward the west with the 16.7-meter massive sulphide section closely approximating true width;\nSignificantly, the massive sulphide intercept is within the host country rocks;\nStructural features have created pathways for massive sulphide concentration in this new discovery area, and th...