Garibaldi Resources Corp. - High-grade silver and increasing base metal values sampled up to 3 km south of Silver Eagle discovery

About this update from Garibaldi Resources Corp.

[{"type":"text","content":"\n\nTSXV: GGIOTC: GGIFF Frankfurt: RQM\n\n\n\nVANCOUVER, Aug. 22, 2014 /CNW/ - Garibaldi Resources Corp. (TSX.V: GGI) (the \"Company\" or \"Garibaldi\") is pleased to report that as Phase 2 diamond drilling continues at its Silver Eagle target (Rodadero North Project) in central Sonora State, surface sampling results from mineralized outcrops indicate continued high silver values in addition to a significant increase in base metal content (up to 14.9% lead and 1.8% zinc) 1.5 km to 3 km south of discovery hole SE-14-01.  \n\nPhase 1 drilling confirmed a shallow high-grade mineralized system open in all directions at Silver Eagle and apparently widening to the south toward the Reales area (see August 5, 2014 news release).  Further work is continuing to determine the relationship between the Silver Eagle and Reales targets.    \n\nSteve Regoci, President and CEO of Garibaldi, commented: \"The similarities of the silver grades in our sampling from Silver Eagle to the south are extremely encouraging.  This also correlates with our hyperspectral 'hot spot' signatures that initially identified the contiguous Silver Eagle and Reales targets. \n\n\"Importantly, as we track mineralization through Reales, we continue to sample high silver grades while the base metal content appears to increase substantially. To the east and southeast of Silver Eagle, we're investigating what seems to be predominantly gold-silver mineralization with some very high metal values from sampling as previously announced. The clustering of targets along a 10 kilometer distance at Rodadero North is the focus of an expanded exploration program.\"\n\nAssays from a total of 23 rock samples selected 1.5 km to 3 km south of Silver Eagle ranged from 6.5 g/t Ag to 549 g/t Ag, and from 0.15% Pb to 14.9% Pb. Average values from these selected dump, grab and channel samples were 117 g/t Ag and 4.9% Pb. \n\nHighlights from the sampling at Reales are as follows:\n\n\n\n\nSample No.\n\n\nTarget\n\n\nAg (g/t)\n\n\nPb (%)\n\n\n\n865080\n\n\nReales central\n\n\n549\n\n\n5.8\n\n\n\n865079\n\n\nReales central\n\n\n210\n\n\n13.1\n\n\n\n26149\n\n\nReales central\n\n\n198\n\n\n4.4\n\n\n\n121036\n\n\nReales central\n\n\n110\n\n\n11.4\n\n\n\n121115\n\n\nReales central\n\n\n18.9\n\n\n14.9\n\n\n\n62\n\n\nReales south\n\n\n216\n\n\n2.3\n\n\n\n63\n\n\nReal...

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