Garibaldi Launches Exploration Program at King Gold-Silver Project

Garibaldi Resources (TSXV:GGI) has announced that crews have mobilized for work programs at its 100 percent owned King Project in northwest British Columbia’s Golden Triangle.
As quoted in the press release:

King North and Garibaldi’s recently acquired King South claims, totaling 50 sq. km, adjoin Seabridge Gold’s Iskut Project and cover several gold, silver and base metal prospects that were discovered in the late 1980’s near the historic Snip mine.
King North is currently permitted for drilling and Garibaldi crews this month will be focusing on prioritizing drill targets there. One area of strong interest is Chubby Creek where structurally controlled high-grade gold mineralization was historically identified through sampling along NE trending pyritic shear zones cutting volcanics and sediments. Nearly 30 years later, these mineralized showings are now being followed up.
Geological studies completed by the B.C. Geological Survey in 2011 concluded that the under-explored rock units extending north from the Iskut River, encompassing the King Project, are the same as those hosting the Snip, Eskay Creek and KSM deposits.
Recent extensions of the Iskut River access road, the completion of a bridge to the north side of the river, and construction by AltaGas of the Forrest Kerr and McLymont power stations will significantly reduce the cost of more extensive exploration at the King Project.

Click here to read the full press release.