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Garibaldi to Build Northwest BC’s First Magmatic Nickel-Copper-Rich Massive Sulphide System-2020 China(Guangzhou)Int’l Non-Ferrous Metal（Copper）Exhibition
10/2/2019 - Copper exhibition -non-ferrous metals expo |
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Garibaldi Resources announced the following operational and corporate update as it continues to build out Northwest BC’s first magmatic nickel-copper-rich massive sulphide system. Mr Steve Regoci President and CEO Garibaldi Resources said that our crews have become much more proficient in every aspect of exploration since the initial E&L discovery. The impressive performance of the new rigs and recent results convinced us to mobilize a third rig and push the limits for extending this season’s program.
Highlights:
• Ahead of the next set of assay results, due shortly, another drill rig has been added at Nickel Mountain where three ITL Diamond Drilling Ltd rigs are now in full operation. A first-ever drilling platform has been constructed on the E&L glacier to allow for even more effective targeting, from a new geometry, of existing and potential new zones;
• A total of USD 2,247,000 has been received by the Company this week through the exercise of USD 1.05 warrants. All warrants below USD 4.50 have now been exercised, adding a total of USD 5,598,000 to the Company’s treasury in 2019;
• Garibaldi is also making application to the TSX Venture for an extension of the USD 4.50 warrants, set to expire October 20, 2019 and October 31, 2019 for one additional year.
有色金属展-铜材展-2020年广州国际有色金属工业（铜业）展览会
-2020 China(Guangzhou)Int’l Non-Ferrous Metal（Copper）Exhibition
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