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The "Q" May Hold Key to Massive Sulphide Potential of Garibaldi's E&L Deposit
The "Q" May Hold Key to Massive Sulphide Potential of Garibaldi's E&L Deposit ...
About this update from Garibaldi Resources Corp.
[{"type":"text","content":"\n\n\n\nThe \"Q\" May Hold Key to Massive Sulphide Potential of Garibaldi's E&L Deposit\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\nThe \"Q\" May Hold Key to Massive Sulphide Potential of Garibaldi's E&L Deposit\nCanada NewsWire\nVANCOUVER, Oct. 14, 2016\n\n\n\nTSXV: GGIOTC: GGIFFFrankfurt: RQM\n\n\n\nVANCOUVER, Oct. 14, 2016 /CNW/ - Garibaldi Resources (TSX.V: GGI) (the \"Company\" or \"Garibaldi\") is pleased to announce significant progress in the development of its recently acquired E&L Ni-Cu-Au Project at Nickel Mountain in the Golden Triangle's Eskay Camp of northwest British Columbia.\n\nGaribaldi has tripled the size of its E&L land package by adding 15 sq. km of additional claims following a series of work programs since July and an intensive initial review of large amounts of historical data. Evidence has revealed that the nickel-rich E&L deposit has the potential for much greater scale as a massive sulphide system than originally understood by explorers nearly half a century ago. \n\nThe E&L is situated in a mining camp that has produced Eskay Creek/Snip/KSM/Brucejack and multiple promising new exploration targets since Nickel Mountain was last systematically explored and drilled in 1970. \n\nHighlights of Garibaldi's recent fieldwork and ongoing studies:\n\n\nChannel sampling results from a late September visit are pending, but August grab samples from areas of outcrop in the Northwest, Central and Southeast zones near the top of Nickel Mountain returned values as high as 4.6% Ni and 2.0% Cu with average grades of 2.7% Ni and 1.7% Cu (see below); \nThe potential extent of near-surface mineralization at E&L, featuring a nickel-copper rich halo around a large mafic core, was never adequately tested by today's standards and the deposit has not been delimited in any direction including at depth; \nAdvanced geophysical analysis suggests mineralization at Nickel Mountain may have a deep source or \"feeder\" zone, expressed by the newly designated \"Q\" Anomaly, where metals have concentrated.\nGaribaldi considers the E&L to be a ...