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Garibaldi Prepares to Drill Rambo Gold Target New Mineral Horizons Outlined at Silver Eagle
Garibaldi Prepares to Drill Rambo Gold Target New Mineral Horizons Outlined at Silver Eagl...
About this update from Garibaldi Resources Corp.
[{"type":"text","content":"\n\n\n\nGaribaldi Prepares to Drill Rambo Gold Target New Mineral Horizons Outlined at Silver Eagle\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\nGaribaldi Prepares to Drill Rambo Gold Target New Mineral Horizons Outlined at Silver Eagle\nCanada NewsWire\nVANCOUVER, Feb. 19, 2016\n\n\n\nVANCOUVER, Feb. 19, 2016 TSXV: GGIOTC: GGIFF Frankfurt: RQM\n\n/CNW/ - Garibaldi Resources Corp. is pleased to report that recent mapping and broadly-spaced sampling at its 100%-owned Rodadero Silver-Gold Project, in advance of fresh drilling, has outlined three new mineral horizons surrounding the Silver Eagle deposit west and up to 350 meters north of discovery hole SE-14-01.\n\nMeanwhile, Garibaldi crews are now preparing to drill-test a potential new discovery area (\"Rambo\") several km east of Silver Eagle contiguous to the northern boundary of privately held claims where a small-scale mining operation is extracting near-surface high-grade gold and silver from two main veins. Crushed vein material is being shipped to a nearby smelter in central Sonora State.  Garibaldi is targeting similar gold-silver mineralization at Rambo at depths of less than 100 meters.\n\nSteve Regoci, President and CEO, commented: \"After 15 initial shallow drill holes and follow-up field work, it's apparent that Silver Eagle has a potential strike length in excess of 2 km and hosts multiple lenses with average grades of 600 g/t Ag and widths of 1-5 meters. Discovery hole SE-14-01 returned 2,010 g/t Ag over a true width of 5.6 meters.\n\n\"The latest sampling to the west and the north further expands the Silver Eagle mineralized footprint,\" Regoci continued, \"and also suggests that gold could be present in these new areas as well, though this will require confirmation through additional drilling. Given this new information, we've been refining our exploration and development strategies at Silver Eagle while finalizing drilling plans at Rambo. The immediate objectives at Rodadero include a second drilling discovery for gold, further progress at Silver Eagle and the unlocking of value at other ta...