Monday, May 16, 2022

Garibaldi Resources Corp (GGIFF)
Setting Up for a Productive 2022 Drilling Program

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.

Outstanding Casper drill results. Garibaldi Resources released results from exploratory drill holes testing multiple mineralized veins and volcanic rocks at the Casper Quartz Vein System. Five diamond drill holes followed the first four holes for which results were released in February 2021. Eight of the nine holes have intersected significant gold mineralization, with increasing gold grades toward the southeast.

Promising Nickel Mountain target. Building on the company’s 2021 Z-Axis Tipper Electromagnetic (ZTEM) survey that encompassed Garibaldi’s 180-square kilometer Nickel Mountain – Palm Springs Project claim groups, three-dimensional processing identified several new low-resistivity ZTEM responses 5 kilometers northeast of the E&L nickel-copper-cobalt massive sulphide zone, including a new anomaly at the B1 target which has not been drill tested. The B1 target exhibited a consistent ZTEM low resistivity zone coincident with a near surface VTEM conductive anomaly. The ZTEM low resistivity zone extends to depth like the low resistivity zone beneath E&L….

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.