Friday, July 15, 2022
Garibaldi Resources Corp (GGIFF)
Drilling Expected to Commence Shortly
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 in British Columbia and Mexico.
Mark Reichman, Senior Research Analyst, Natural Resources, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
A bounty of high value metals. Within Garibaldi’s Eskay Creek Claim Group, the E&L Nickel Mountain and Casper projects are in the heart of Northwest British Columbia’s Golden Triangle, an area rich in base and precious metals. E&L Nickel Mountain is a high-grade nickel-copper-platinum group element and gold magmatic sulfide deposit, while the Casper discovery represents a gold-bearing quartz-sulfide system. Garibaldi Resources is unique because it offers exposure to high value metals that play a critical role in clean air and battery technologies, along with precious metals.
Drilling to commence shortly. Following up on recent geophysical surveys that provided property-wide targets for magmatic and hydrothermal base and precious metal mineralization with high discovery potential, we expect drilling to commence shortly and entail up to 10 drill holes at E&L, 2 to 3 drill holes at the B1 target, along with drilling at Palm Springs and Casper. While lead times for assay results remains extended, we think management will be able to draw meaningful conclusions prior to receiving assays….
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*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.
