Canadian Mining Journal

News

NICKEL-COPPER: Garibaldi drills 7.3% Ni and 3.3% Cu over 9.9 metres at Nickel Mountain



BRITISH COLUMBIA – Vancouver-based Garibaldi Resources has cut high grade nickel-copper grades at its Nickel Mountain project near Eskay Creek. This is the first massive magmatic sulphide system found in the Eskay mining camp.

Garibaldi’s E&L project that includes the first massive magmatic sulphide system found in the Eskay mining camp. (Image: Garibaldi Resources)

Drill hole EL-17-09 east of the historic E&L deposit has intersected two separate zones of mineralization including 9.9 meters of massive sulphides assaying 7.3% nickel and 3.3% copper within a broader 12-meter section grading 6.2% nickel and 2.9% copper.

New potential at the E&L northwest zone continues to be revealed with hole EL-17-08 returning 39.3 meters grading 1.27% nickel and 0.81% copper, starting from 25.7 meters, including 5.85 meters at 5.1% nickel and 2.0% copper.

Additional analysis of geophysical data has greatly expanded the number of high quality VTEM conductors trending north-northeast of the new discovery zone along a minimum 6-km Nickel Mountain mineralized trend leading to anomaly A.

More detailed drilling results are available in the news release dated Dec. 6, 2017, posted at www.GaribaldiResources.com.