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Garibaldi receives positive Ultra 1 Zone initial metallurgical results
Garibaldi receives positive Ultra 1 Zone initial metallurgical results Garibaldi r...
About this update from Garibaldi Resources Corp.
[{"type":"text","content":"\n\n\n\nGaribaldi receives positive Ultra 1 Zone initial metallurgical results\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 receives positive Ultra 1 Zone initial metallurgical results\nCanada NewsWire\nVANCOUVER, April 26, 2016\n\n\n\nTSXV: GGIOTC: GGIFF Frankfurt: RQM\n\n\n\nVANCOUVER, April 26, 2016 /CNW/ - Garibaldi Resources Corp. (TSX.V: GGI) (the \"Company\" or \"Garibaldi\") (the \"Company\") is pleased to report the following progress at its 100%-owned Grizzly Project in the Sheslay district of northwest British Columbia:\n\n\nInitial \"proof of concept\" metallurgical testing by Bureau Veritas has confirmed that high-grade magnesium and nickel intersected in widely spaced drill holes at Grizzly Central (Ultra 1 Zone discovery) are both recoverable from the Kaketsa \"black unit\" \nMet-Solve Laboratories, specialists in mineral beneficiation using state-of-the-art technologies, have been engaged by Garibaldi to carry out advanced testing of the Ultra 1 Zone material and develop methods for extracting and converting the magnesium and nickel into marketable final products \nA further review of the late 2015 drill program has identified prospective areas where gold mineralization may have formed within the Ultra 1 Zone\n\nSteve Regoci, Garibaldi President and CEO, commented: \"The Ultra 1 Zone, which to this point features highly elevated scandium above a magnesium-nickel 'black unit' of apparently very large scale, is a major advancement in the geological understanding of the Grizzly and the entire Sheslay district. As large of a discovery area as this is, defined by broadly spaced holes, wide intercepts and a compelling geophysical signature, the Ultra 1 Zone represents just 1/300th of the entire Grizzly property package where there are no less than 7 comprehensive regional target centers.\n\n\"Further examination of the high-grade gold potential of Grizzly South is our immediate priority at this project outside of Grizzly Central. Elsewhere in B.C. we're focused on capturing value with our now 100%-owned King Property featuring high-grade gold,...