TSXV: GGI
OTC: GGIFF
Frankfurt: RQM
VANCOUVER, BC, Dec. 31, 2020 /CNW/ - Garibaldi Resources
Corp. (TSX.V: GGI) (the "Company" or "Garibaldi") Further to the
Company's December 30, 2020 news
release this update amends results from the recently completed 2020
drill program, targeting deeper extensions of the easterly plunging
E&L intrusion. Hole EL-20-96 intersected a newly discovered
semi-massive sulphide zone 450 meters east of the Lower Discovery
Zone (LDZ) at a depth of 645 meters. The values for a single
18.5meter intersection within hole 96 at a depth of 144-162.5
meters were incorrectly transposed and the company provides the
corrected description and assay table below:
- EL-20-96 also produced an 18.5meter interval including the
lower section of the orbicular gabbro and top portion of the LDZ
significantly enriched in palladium and platinum, grading 2.00 g/t
Pd, 0.97 g/t Pt. and 0.76 g/t Au. Notably, this hole intercepted a
series of gabbros from surface to over 640 meters.
Amended
Assay Results for Drill Holes EL-20- 96
|
Hole
(#)
|
Interval Width
(from – to)
|
Ni
(%)
|
Cu
(%)
|
Co
(%)
|
Pt
(g/t)
|
Pd
(g/t)
|
Au
(g/t)
|
Ag
(g/t)
|
|
*including
|
over 18.5 m (144 –
162.5 m)
|
1.97
|
1.68
|
0.05
|
0.97
|
2.00
|
0.76
|
6.94
|
|
|
**Massive sulphides
(75-100%); *Semi-massive sulphides (50% - 75%).
|
|
Intervals are core
lengths (true widths are estimated to be 80% of reported
intervals)
|
About Garibaldi
Garibaldi Resources Corp. is an active Canadian-based junior
exploration company focused on creating shareholder value through
discoveries and strategic development of its assets in some of the
most prolific mining regions of British
Columbia and Mexico.
We seek safe harbour.
GARIBALDI RESOURCES CORP.
per: "Steve
Regoci"
Steve Regoci, President
Neither the TSX Venture Exchange nor its Regulation Services
Provider accepts responsibility for the adequacy or the accuracy of
this release.
View original
content:http://www.prnewswire.com/news-releases/garibaldi-drills-deepest-nickel-copper-yet-at-el-301199822.html
SOURCE Garibaldi Resources Corp.
