Garibaldi Drilling Tracks Nickel-Copper Rich Massive Sulphide Conductors To New Discovery Zone

Garibaldi Resources (TSX.V: GGI) (the “Company” or “Garibaldi”) is pleased to announce that the latest drill hole (EL-17-14) at the Company’s 100%-owned E&L Project at Nickel Mountain near Eskay Creek has intersected an important new discovery zone featuring massive nickel-copper-rich sulphides east of the historic E&L deposit.
Discovery hole EL-17-14, guided by successful earlier holes and Volterra borehole EM technology, entered massive sulphide mineralization at a depth of 123.75 meters and remained in massive sulphides over 16.7 meters (55.1 feet).
Dr. Peter Lightfoot, one of the world’s leading nickel sulphide experts and a technical adviser to Garibaldi, commented:

“The high nickel grade of the assayed massive sulphide intercept in hole #4, combined with other assays as well as XRF analysis of sulphide mineralization in multiple holes, supports a Nickel Mountain nickel tenor that is at the high end of the estimated range as per Garibaldi’s November 10, 2016, news release.
In addition, the displacement of massive sulphides into the host rocks, a feature at Noril’sk, is intriguing and speaks to the important process of sulphide concentration into country rocks.”

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