Exploration / Development > Discovery

Garibaldi's first assays underwhelm

Garibaldi Resources (CN:GGI) has put some early numbers behind the hype machine at its E&L project at Nickel Mountain in British Columbia, and at this point they don’t scream Voisey’s Bay.

Cameron French in Toronto

Exploration / Development > Discovery

Garibaldi's first assays underwhelm

Garibaldi Resources (CN:GGI) has put some early numbers behind the hype machine at its E&L project at Nickel Mountain in British Columbia, and at this point they don’t scream Voisey’s Bay.

Cameron French in Toronto

Garibaldi's first assays underwhelm

Drilling atop Nickel Mountain

Assays from the first four holes at the deposit include EL-17-04, with an intercept of 48.2m grading 1.1% nickel and 0.69% copper, including 4.8m grading 7.2% Ni and 3.4% Cu. Thats not a bad short interval, but the high grades mean there's not much left for the remaining 43.4m of the larger intercept.