Garibaldi Resources Corp.

Published : October 01st, 2013

Garibaldi Updates Program At Grizzly Property

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Copper | Gold |

.




Garibaldi UPDATEs
 

 PROGRAM AT GRIZZLY PROPERTY

Vancouver, British Columbia - September 30, 2013 - Garibaldi Resources Corp. (TSX.V: GGI) (the "Company" or "Garibaldi"), management is pleased to provide an update on the Company's 100% owned Grizzly project in NW B.C.

As previously reported,  Garibaldi has completed a high resolution heli-borne aeromagnetic and radiometric survey over Grizzly West, a high priority target area within Garibaldi's 175 sq. km Grizzly project. The survey tied into an earlier survey by Fugro that covered the central part of Grizzly and the southern part of Prosper Gold's Sheslay Property where a drill program was recently announced.

A preliminary review of the combined  data confirms that the rock units underlying the Grizzly extend north onto the Sheslay Property and shows two parallel faults (extending 15 kms from Grizzly West, to Grizzly Central) which appear to be related to porphyry copper-gold occurrences on Sheslay and Grizzly West.  Additional processing of the data is ongoing and results will be announced as they become available (click here to see map of aeromagnetic survey).

Carl von Einsiedel, P.Geo., a non-independent geological consultant and a qualified person as defined by NI-43-101, has reviewed this release and approved the geological content thereof.

Garibaldi has closed a Flow-through Private Placement of 333,335 shares of its securities at $0.15 cents per share for gross proceeds of $50,000 CDN. The shares are subject to a hold period and may not be traded until January 30, 2014. The funds will be used to expand an immediate ground reconnaissance and sampling program on the Grizzly project.

Steve Regoci, Barrie Di Castri, Greg Burnett and Brent Petterson, all directors and/or officers of the Company, each subscribed for 66,667 shares of the private placement financing. As a result of the issuance of the shares to the foregoing directors, the financing is considered to be a related party transaction subject to the TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101. Garibaldi is relying on exemptions from the formal valuation and minority shareholder approval requirements provided under sections 5.5(a) and 5.7(a) of Multilateral Instrument 61-101 on the basis that participation in the private placement by insiders will not exceed 25% of Garibaldi's market capitalization.

We seek safe harbour.

 

GARIBALDI RESOURCES CORP.

 

 

per:   "Steve Regoci"                       

        Steve Regoci, President

 

       CONTACT 
 
       Garibaldi Resources Corp.

  


CONTACT                                                   

MarketSmart Communications Inc.









Disclaimer: MarketSmart Communications. was paid to distribute this bulletin. MarketSmart Communications may or may not own securities in this particular company. This is not a recommendation to buy or sell any securities. Although results are possible, they are not guaranteed. Please be aware that MarketSmart Communications Inc. is a news service and NOT an investment advisory service; it is advised that you consult with a licensed financial adviser before making any investment decisions. This publication does not provide an analysis of a company's financial position and the information herein should NOT be construed as an offer to buy or sell securities. The information herein is taken from sources thought to be accurate, but there is no guarantee. All due diligence should be done by the reader or their financial adviser. Investing in securities is speculative and carries risk. You are on this mailing list because you have signed up to receive information from a current or previous client/affiliate of MarketSmart Communications. Past performance of Companies mentioned does not guarantee future performance. This email complies with the US Federal CAN-SPAM Act of 2003

For more information about MarketSmart Communications please click here:

MarketSmart Communications
744 West Hastings, Vancouver, British Columbia, V6C 1A5

 
 

.

newsletter tracking image

Garibaldi Resources Corp.

EXPLORATION STAGE
CODE : GGI.V
ISIN : CA3660441054
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Garibaldi Res. is an exploration silver and gold company based in Canada.

Garibaldi Res. holds various exploration projects in Mexico.

Its main exploration properties are TEMORIS, IRIS, RODADERO, BADESI, ONAVAS, TONICHI, SIANORI and MORELOS in Mexico and KING, PRINCETON, BLACK GOLD and GRIZZLY in Canada.

Garibaldi Res. is listed in Canada. Its market capitalisation is CA$ 33.8 millions as of today (US$ 24.2 millions, € 22.2 millions).

Its stock quote reached its lowest recent point on December 30, 2002 at CA$ 0.02, and its highest recent level on October 27, 2017 at CA$ 5.27.

Garibaldi Res. has 71 192 125 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Annual reports of Garibaldi Resources Corp.
2007 Annual Report
Project news of Garibaldi Resources Corp.
11/3/2015Garibaldi Resources Corp. - Grizzly Central drilling update
10/9/2015Garibaldi mobilizes for drilling at Grizzly Central
3/13/2014(Grizzly)broadens mineralized corridor at Grizzly, prepares to accele...
2/16/2014GARIBALDI RESOURCES : Webinar Invite, New Company Video , & ...
10/10/2013At Centre Of Emerging B.C. Cu-Au Discovery Play
10/1/2013Garibaldi Updates Program At Grizzly Property
10/1/2013Garibaldi Updates Program At Grizzly Property
9/21/2013The Next Red-Hot Discovery Play?
3/30/2011(Morelos)DRILLING COMMENCED ON SOCORRO TARGET AT MORELOS
12/17/2009(Onavas)Commences Drilling of the Rembles Gold Prospect on Its 100% ...
Corporate news of Garibaldi Resources Corp.
6/28/2016Garibaldi Follows Up On High-Grade Showings As Work Program ...
6/15/2016Garibaldi Acquires Advanced Nickel-Copper-Gold Deposit In Go...
5/18/2016Garibaldi Increases Land Package 10-Fold To 144 Sq. Km In Ke...
4/26/2016Garibaldi Receives Positive Ultra 1 Zone Initial Metallurgic...
4/12/2016Garibaldi Exercises Option to Acquire 100% Interest in High-...
12/24/2015Garibaldi Closes $848,000 Financing, Grants Stock Options
9/17/2015Garibaldi "unmasks" 25 sq km of Grizzly Central
8/14/2015Garibaldi advances La Patilla, crews mobilize for Grizzly Pr...
4/9/2015Garibaldi to drill high-grade zone at La Patilla
3/5/2015Garibaldi drills into bonanza grades on 150-meter step-out f...
2/25/2015Garibaldi signs LOI to send La Patilla mill feed to Gainey C...
12/22/2014Garibaldi Closes $1,250,000 Financing
11/26/2014Garibaldi drill tests new high-grade area north of Silver Ea...
11/7/2014Garibaldi Arranges $1 Million Financing to Fast Track Drilli...
10/23/2014Garibaldi makes new surface discovery north of Silver Eagle
8/22/2014Garibaldi Resources Corp. - High-grade silver and increasing...
8/5/2014Garibaldi confirms discovery of shallow high-grade system at...
6/19/2014Garibaldi advances Silver Eagle target at Rodadero
5/14/2014Garibaldi drills bonanza grade silver near-surface at Silver...
5/1/2014Garibaldi Expands Northwest B.C. Presence
2/6/2014launches online marketing and awareness program via AGORACOM
2/2/2014Garibaldi Goes Big
1/31/2014Garibaldi Goes Big
12/13/2013Garibaldi Event Monday
11/7/2013recommences drilling at Locust
11/1/2013d Fact Sheet
9/27/2013(Grizzly)Attacks the Grizzly
3/14/2013drills 23.89 metres of 1.45 g/t gold at the Locust Project
6/3/2010Exploration Update on Hyperspectral Target
12/16/2009Welcomes Professional Geoscientist on to Board of Directors
12/14/2009Joins the "Agoracom 100" and Launches Online IR and Marketin...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (GGI.V)
0.475+5.56%
TSX-V
CA$ 0.475
04/07 10:30 0.030
5.56%
Prev close Open
0.450 0.455
Low High
0.475 0.475
Year l/h YTD var.
0.405 -  0.950 -51.53%
52 week l/h 52 week var.
0.405 -  2.17 -50.00%
Volume 1 month var.
5,360 -33.10%
24hGold TrendPower© : 4
Produces
Develops
Explores for Copper - Gold
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 1/29/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
2020-48.37%0.980.67
2019-9.80%2.250.69
2018-58.54%3.600.95
20171657.14%5.270.12
20167.69%0.200.07
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 4.44+1.60%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 1.75-1.13%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 2.04+6.25%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 0.80+8.11%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.83+16.90%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.01+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 1.40+7.69%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 0.29-3.33%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 5.89+9.28%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.04+0.00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.08+0.00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.97-1.50%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 9.41+6.93%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+11.43%Trend Power :