Garibaldi Drills Into New Zone at Nickel Mountain

Garibaldi Resources (TSXV:GGI) has announced that the continuing drill program at Nickel Mountain in British Columbia, combined with surface sampling of new massive sulfide 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.

The company said that up until this summer, much of the central zone was covered by ice and snow. Fresh massive sulfides revealed by a receding ice sheet reinforces the potential of the untested 1.6-km-long and 1-km-wide E&L icefield to host a major expansion of the Golden Triangle’s first magmatic nickel-copper-rich sulphide system which remains open in all directions.

As highlighted in the press release:

• Initial shallow drilling in the central zone has intersected visually strong nickel sulphide mineralization over significant widths to depths of 75 meters – deeper holes are planned;
• Three massive sulphide showings (Crevasse, Gully and Cliff) have been identified in the central zone, exposed by the retreating icefield, featuring a classic Nickel Mountain pyrrhotite-pentlandite-chalcopyrite mineral assemblage;
• XRF analysis completed on samples from one of the showings (Crevasse) supports a grade profile consistent with the Discovery zone

Click here to read the full Garibaldi Resources (TSXV:GGI) press release.