• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Base Metals Market
    Base Metals News
    Base Metals Stocks
    • Base Metals Market
    • Base Metals News
    • Base Metals Stocks
    nickel investing

    Garibaldi Drills Into Nickel-Copper Rich Sulfides Northwest, South of Discovery Zone

    Scott Tibballs
    Nov. 01, 2018 09:34AM PST
    Base Metals Investing

    The company said the Golden Triangle’s first magmatic nickel sulphide system, featuring the Discovery, Central and Northwest Zones,  remains open in all directions and drilling continues as Garibaldi crews push further into the fall season than last year. 

    Garibaldi Resources (TSXV:GGI) has announced that assay results for an additional two drill holes at Nickel Mountain have expanded the Discovery Zone to the northwest and southeast.

    The company said the Golden Triangle’s first magmatic nickel sulphide system, featuring the Discovery, Central and Northwest Zones,  remains open in all directions and drilling continues as Garibaldi crews push further into the fall season than last year.

    As highlighted in the press release:

    • Drill hole EL-18-24 has cut two mineralized zones, including 4.5 meters grading 8 percent nickel and 2.9 percent copper within a broader interval of 10.5 meters grading 3.7 percent nickel and 1.6 percent copper, approximately 64 meters southeast of the EL-17-14 intercept;
    • Drill hole EL-18-23, collared on the edge of the ice field and drilled toward the west-southwest, has cut two shallow mineralized zones including a massive sulphide intercept of 5.6 meters grading 7.6 percent nickel and 3.4 percent copper, approximately 30 meters northwest of the EL-17-14 massive sulphide intercept and 35 meters above it in elevation;
    • The EL-18-24 and EL-18-23 nickel-copper-rich massive sulphide intersections, like others at Nickel Mountain, are significant not only for their grades and widths but such intercepts represent highly prospective new target areas along the “magma highway” to vector into additional massive and disseminated sulphide mineralization.

    Technical Advisor for Garibaldi, Dr Peter Lightfoot said:

    “When compared to magmatic nickel sulphide deposits around the world, massive sulphides at Nickel Mountain have unusually high grades of nickel, copper, cobalt and precious metals.
    The Discovery Zone massive sulphides in the footwall at E&L form a continuous wide sheet of mineralization that appears, despite structural modification, to have been injected as a significant pulse of primary magmatic sulphide.”

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

    tsxv:ggigaribaldi resourcesgolden trianglenickel investingnickel mountain
    The Conversation (0)

    Go Deeper

    AI Powered
    Osisko Gaspé Expansion Hole Intersects 133.7 Metres Averaging 1.04% Cu

    Osisko Gaspé Expansion Hole Intersects 133.7 Metres Averaging 1.04% Cu

    Osisko Intersects 1117.5 Metres Averaging 0.25% Cu at Gaspé

    Osisko Intersects 1117.5 Metres Averaging 0.25% Cu at Gaspé

    Latest News

    Blackstone Minerals Investment Mankayan Project Update

    ACG Amends Terms of Gediktepe Royalty Agreement to Support Transition from Gold to Copper Production

    Prismo Metals Announces Results of Shareholder Meeting and Security Based Compensation Grants

    Brixton Metals Drills 15m of 2.26 g/t Gold at the Trapper Gold Target

    FPX Nickel Signs Exploration Agreement with Takla Nation for Klow Property

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Base Metals Investing Stocks

    FPX Nickel

    FPX:CA

    Ramp Metals

    RAMP:CC

    Grid Battery Metals

    CELL:CC

    Nordic Resources

    NNL:AU

    Canada Nickel Company

    CNC:CA

    Pivotal Metals

    PVT:AU
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES