For thousands of other reports visit RSC's Mineral Intellingence Map
Garibaldi Resources Corp.
Summary
| Project: | Nickel Mountain | |
|---|---|---|
| Deposit: | Nickel Mountain | |
| Location: | Canada | |
| Commodities: | Nickel-Copper-Cobalt-Gold-Silver-Platinum-Palladium | |
| Date: | 12/20/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 20-12-2019: Garibaldi Resources Corp. announces an Exploration/Drilling Update report for its Nickel Mountain deposit at the Nickel Mountain project. Drilling results incl. 77.93m @ 1.41% Ni, 1.00% Cu, 0.038% Co, 0.457g/t Pt, 1.064g/t Pd, 0.309g/t Au, 3.6 | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jeremy Hanson (Internal) | |
| ABSTRACT: | VANCOUVER, Dec. 20, 2019 /CNW/ - Garibaldi Resources (TSXV: GGI) (the "Company" or "Garibaldi") is pleased to announce that the latest assay results from Nickel Mountain include continued robust nickel values and the highest copper and precious metal grades to date at the project. More extensive zones of shallow mineralization are also being outlined at Northwest British Columbia's first magmatic nickelcopper-rich massive sulphide system in the heart of the prolific Eskay Camp. Dr. Peter Lightfoot, Garibaldi Technical Adviser, commented: "We've made very important strides at the E&L. The plunge extent of the mineralized E&L gabbros are now being tracked by geology and the geochemical signature of the intrusion. Exploration beneath the E&L and to the east has now identified multiple intercepts of gabbro that are possibly segments of the original E&L intrusion. These newly discovered segments of the E&L intrusion are likely parts of a structurally disrupted primary magma chamber which tapped magma from the mantle along an elongated pipe shaped conduit." Jeremy Hanson, Garibaldi VP-Exploration, commented: "These latest results emphasize persistent widespread nickel-copper mineralization at Nickel Mountain. Both deeper chambers, in holes 64 and 65, were found utilizing geological and geochemical interpretation as opposed to the use of borehole geophysics alone. These chambers hold excellent exploration potential. Hole 71, drilled to test geometry and compare metallurgy, tenor and grade, shows the propensity of the LDZ to host high precious metal values and very enriched copper to go along with top tier nickel grades. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report