Movers and SHAKERS
Garibaldi Resources Corp (GGIFF)(GGI:CA)
Geophysical Surveys Lead Off 2021 Exploration Season
Garibaldi Resources Corp is a Canadian-based junior exploration company. It is engaged in the acquisition, exploration, and evaluation of mineral properties located in Canada and Mexico. The company's projects in Mexico include the La Patilla, the Rodadero, the Tonichi and the Iris project. Its projects in Canada include the PSP and King projects, The Cariboo Copper and Gold project, the Red Lion project, the Grizzly project, the Tora Tora project and the Black Gold project.
Mark Reichman, Senior Research Analyst of Natural Resources, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Garibaldi commences 2021 exploration program. An exploration team has been deployed at the company's flagship E&L Nickel Mountain camp for the 2021 exploration season. While Garibaldi's primary focus is the E&L nickel-copper-cobalt project, volcanogenic-massive-sulphide (VMS) precious metal targets within the Eskay Claim Group are a close second. Geophysical surveys over Nickel Mountain and the VMS prospective Palm Springs claims are underway. One survey will track conductive high-grade E&L intrusions, while the other will help identify structures that are prospective for VMS precious-metal mineralization.
Drilling program. Garibaldi's planned diamond drill program will focus on extending the E&L mineralized gabbro along trend for massive sulphide discoveries. Beyond Nickel Mountain, crews will sample VMS target areas over the remainder of Garibaldi's claims for base and precious metals. This includes alteration zones and outcrops identified by satellite ...
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*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.