Garibaldi launches E&L VTEM survey with Geotech

Garibaldi Resources (TSX.V: GGI) (the “Company” or “Garibaldi”) is pleased to report that final staging by technical crews from Geotech of Aurora, Ontario, is under way for the first-ever helicopter-borne Versatile Time-Domain Electromagnetic (VTEM) and magnetics survey over the company’s flagship E&L massive sulphide nickel-copper-cobalt deposit in the heart of the prolific Eskay Camp in northwest British Columbia.
The modern VTEM method is ideally suited for locating the discrete conductive anomalies associated with nickel sulphide deposits, with a maximum depth of detection of approximately 300 meters plus range. Previous less advanced airborne EM surveys at E&L in the 1990’s had a maximum depth of detection of approximately 75 meters.
The VTEM survey is on schedule and the Company expects to have interpretations completed and initial drill targets selected by the end of May.  A Notice of Work application, filed with the government in February, proposes 5,000 meters of diamond drilling as part of Phase 1 exploration during 2017.
Steve Regoci, Garibaldi President and CEO, commented:

“Garibaldi’s nickel team is eagerly anticipating the completion and interpretation of the VTEM survey. Having the ability to compare signatures from the known sulphide zones to the “Q” anomaly and other areas around the deposit that were overlooked historically will be invaluable.  The VTEM data will provide the final pieces to our puzzle by connecting modern geophysics with the associated geological evidence collected since last summer, which strongly indicates the potential for an important new discovery at Nickel Mountain.”

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