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Garibaldi to Drill High-Grade Casper Quartz Gold Vein
Garibaldi to Drill High-Grade Casper Quartz Gold Vein Canada NewsWire VANCO...
About this update from Garibaldi Resources Corp.
[{"type":"text","content":"\n \n \n \n Garibaldi to Drill High-Grade Casper Quartz Gold Vein\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 \n \n \n \n \n \n Canada NewsWire\n \n \n VANCOUVER, BC, Nov. 16, 2020\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 Nov. 16, 2020\n \n /CNW/ - Garibaldi Resources (TSXV: GGI) (the \"Company\" or \"Garibaldi\") is pleased to provide an update on plans to extend its drilling program up at the Eskay Camp. As winter arrives at the E&L nickel-copper-cobalt massive sulphide project on Nickel Mountain, drilling will now pivot to the low elevation (\n \n 430m\n \n ) Casper quartz gold vein discovered last fall. Garibaldi owns a 100% interest in over 180 sq. kms of highly prospective claims, in the heart of the Eskay Gold Camp. The E&L and Casper are significant major discoveries made by the Company within their claim group in\n \n NW British Columbia\n \n .\n \n \n Garibaldi's flagship E&L nickel-copper-cobalt project features global top tier nickel grades and tenors within a suite of 11 metals critical in the accelerating demand for EV batteries.  The Casper quartz gold vein discovery has produced consistent excellent results in channel samples (see news release dated\n \n September 29, 2020\n \n ), including visible gold. With drill pads completed at Casper, the program will test the grade and width of gold mineralization at depth. Rising gold prices makes Casper an especially attractive prospect and a high priority gold target.\n \n \n Together, the advancement of two nearby projects will provide gains in productivity utilizing one shared base camp. As results from this season's deep target drilling at E&L are analyzed and interpreted, the Casper quartz gold vein adds an exciting new drill target within the Garibaldi claim group. Updates on E&L and Casper will follow.\n \n \n \n Flow-Through Financing\n \n \n \n Garibaldi is also pleased to announce a non-brokered private placement to raise total gross proceeds of up to\n \n $3 million CDN\n \n . The Company will issue up to 5 mi...