TSXV: GGI OTC: GGIFF Frankfurt: RQM Garibaldi Resources is pleased to announce that assay results for an additional two drill holes at Nickel Mountain have expanded the Discovery Zone to the northwest and southeast. Highlights: Drill hole EL-18-24 has cut two mineralized zones, including 4.5 meters grading 8% nickel and 2.9% copper within a broader interval of 10.5 meters grading 3.7% nickel and 1.6% copper, approximately [...]
TSXV: GGI OTC: GGIFF Frankfurt: RQM As a result of a review by the British Columbia Securities Commission, Garibaldi Resources is issuing the following news release to clarify the disclosure in its news release of October 18, 2018. In Garibaldi's October 18, 2018, news release, the Company announced that initial shallow drilling in the new Central zone intersected visually strong nickel sulphide mineralization over [...]
TSXV: GGI OTC: GGIFF Frankfurt: RQM Garibaldi Resources is pleased to announce that the continuing drill program at Nickel Mountain, combined with surface sampling of new massive sulphide outcrops exposed by melting ice and snow, has confirmed a third discovery area known as the "Central" zone in between the Northwest and Discovery zones. Up until this summer, much of the Central zone was covered by ice and snow. Fresh [...]
TSXV: GGI OTC: GGIFF Frankfurt: RQM VANCOUVER, Sept. 24, 2018 /CNW/ - Garibaldi Resources is pleased to announce that assays from the first holes of the continuing drill program at its 100%-owned Nickel Mountain Project in the Eskay Camp have confirmed wide intervals of near-surface nickel-copper-rich sulphide mineralization, also including cobalt, platinum, palladium, gold and silver, in all directions surrounding the [...]
TSXV: GGI OTC: GGIFF Frankfurt: RQM Garibaldi Resources is pleased to announce that with three drill rigs currently building out the Nickel Mountain magmatic nickel-copper-rich sulphide discovery in the heart of Northwest B.C.'s Eskay Camp, Company directors have approved an accelerated buyout for a 100% interest in 766 strategic hectares subject to a 2% NSR royalty . No NSR royalty is applicable to the balance of the [...]
TSXV: GGI OTC: GGIFF Frankfurt: RQM VANCOUVER, June 8, 2018 /CNW/ - Garibaldi Resources is pleased to report that after months of preparations, a major 2018 drill program at Nickel Mountain in the Eskay Camp has commenced with two drill rigs this morning as the Company follows up on last fall's nickel-copper-rich massive sulphide discovery east of the historic E&L deposit. The first stage of 2018 diamond drilling will [...]
TSXV: GGI OTC: GGIFF Frankfurt: RQM VANCOUVER, May 18, 2018 /CNW/ - Garibaldi Resources is pleased to provide the following exploration update as additional crews fill an expanded 40-person camp near the Eskay Creek mine to launch the most extensive drill campaign in Company history at the nickel-copper-rich Nickel Mountain massive sulphide discovery. Highlights: In support of drilling, which will commence in [...]
TSXV: GGI OTC: GGIFF Frankfurt: RQM VANCOUVER, May 7, 2018 /CNW/ - Garibaldi Resources is pleased to announce the closing of an over-subscribed non-brokered private placement with strategic investors for gross proceeds of $13,052,772 . The flow-through financing was priced at $3.35 per share . The Company will issue a total of 3,896,350 shares. All shares from the private placement are subject to a four-month hold period [...]
Eric Sprott announces that on May 4, 2018, 2176423 Ontario Ltd., a corporation which is beneficially owned by him, purchased 2,167,000 common shares of Garibaldi Resources pursuant to two private agreements at a price of $2.40 per share for total consideration of $5,200,800. The Acquisition represents approximately 2.03% of the outstanding shares on a non-diluted basis and approximately 1.95% on a partially diluted basis [...]
TSXV: GGI OTC: GGIFF Frankfurt: RQM VANCOUVER, April 17, 2018 /CNW/ - Garibaldi Resources is pleased to announce a non-brokered private placement to raise gross proceeds of up to $10,050,000 . The flow-through financing, expected to close shortly, is priced at $3.35 per share and is being subscribed for by strategic investors. The Company will issue a total of 3,000,000 shares. All shares from the private placement are [...]
Eric Sprott announces that today 2176423 Ontario Ltd., a corporation which is beneficially owned by him, purchased 1,000,000 common shares of Garibaldi Resources pursuant to two private agreements at a price of $2.50 per share for total consideration of $2,500,000. These 1,000,000 shares, together with the shares previously acquired by 2176423 Ontario through open market purchases since December 21, 2017, being the date [...]
TSXV: GGI OTC: GGIFF Frankfurt: RQM VANCOUVER, Feb. 16, 2018 /CNW/ - Garibaldi Resources is pleased to announce that crews have mobilized to immediately launch extensive helicopter-borne Versatile Time-Doman Electromagnetic and magnetics surveys at the company's Nickel Mountain Project and surrounding claims in the Eskay Camp. Geotech's surveys will cover up to approximately 1,650 line kilometers of Garibaldi's claim [...]