Continues To Extend Nickel Mountain Mineralisation
Garibaldi Resources Corp. (TSXV: GGI) has successfully targeted deeper extensions of the easterly plunging E&L intrusion in its recently completed 2020 drill programme in British Columbia.
Building along trend of the expanding 650m long E&L footprint, hole EL-20-96 intersected a newly discovered semi-massive sulphide zone 450m east of the Lower Discovery Zone (LDZ) at a depth of 645m.
The new zone is along the plunge of the intrusion in the same geological environment in which the NW and LDZ developed and occurs at the contact of the E&L mineralised gabbro and Hazelton sedimentary rocks.
Detailed study of geochemical, geophysical and structural controls supplied vectors targeting deeper areas along a two km long corridor. Garibaldi said the model provides significant potential for hosting mineralization and multiple off hole BHEM anomalies remain to be tested.
Vice President of Exploration, Jeremy Hanson, said the 2020 exploration season encountered significant challenges yet results indicate increasing scale potential at the company’s flagship E&L project, rich in nickel-copper-cobalt as well as palladium, platinum, gold, silver, osmium, iridium, ruthenium and rhodium.
The E&L discovery at Nickel Mountain is the first ever magmatic massive sulphide system identified in the Eskay Camp of Northwest British Columbia. Key seasonal highlights are as follows:
2020 highlights:
- EL-20-96 has produced the deepest nickel-copper mineralized intersection yet at E&L at 645m depth, while also extending the Lower Discovery Zone massive sulphide on its way to target depth. The newly discovered semi-massive sulphide at 645m indicates the mineralised E&L gabbro extends significantly beyond and below the near surface mineralized zones.
- EL-20-96 was collared near the northern part of the E&L intrusion and drilled along trend to the southeast at 56 degrees. It cut through a well mineralised section of the taxitic-orbicular textured gabbro intersecting 132.38m of 0.62% Ni and 0.51% Cu. It pierced through 3.98 m of high-grade massive sulphide extending the LDZ 5.0m to the north.
- EL-20-96 also produced an 18.5m interval including the lower section of the orbicular gabbro and top portion of the LDZ significantly enriched in palladium and platinum, grading 3.75 g/t Pd, 1.86 g/t Pt. and 1.58 g/t Au. Notably, this hole intercepted a series of gabbros from surface to over 640m.
- EL-20-95 was also drilled in the northern part of the E&L intrusion. It cut a 128.15m interval of 0.34% Ni and 0.37% Cu, including a 2.15m interval of disseminated and semi-massive Cu-PGE mineralisation in a transitional zone between E&L and Nickel Mountain gabbro, grading 1.05% Ni, 3.0% Cu, 5.03 g/t Pd, 2.87 g/t Pt and 2.6 g/t Au, and located 28 meters north of the LDZ in an area open for expansion. A 15m intersect returning 0.17% Ni and 0.21% Cu was discovered 90 meters below the LDZ and remains open indicating extensive room to explore this NE-SW trend of the E&L system
- EL-20-91 was collared 500m southeast of the E&L intrusion and drilled steeply to the NE along the interpreted trend of the two km E&L corridor. The hole cut through Hazelton sediments and 1.6 meters of semi-massive sulphides at the Hazelton-gabbro contact. The hole intersected 101.36m of mineralised E&L gabbro grading 0.18% Ni and 0.16% Cu from 366.14-467.5m. Hole 91 reinforces the interpretation that massive sulphides form along the contact of the E&L gabbro with the Hazelton group. This area remains open and is highly prospective.
- EL-20-90 was collared at the southern extension of the E&L intrusion and extended the near surface mineralisation 29m south by cutting 15.37, of 0.95% Ni and 0.66% Cu mineralisation starting at surface. The hole also intersected 30mof mineralised gabbro on the south side of the LDZ.
- EL-20-89 produced the longest nickel-copper mineralised intersection yet over 151.66m of 0.56% Ni and 0.61% Cu. The greatly expanded 650m E&L footprint represents over a three-fold extension of the mineralised strike length from the start of the 2020 exploration season.
Mr Hanson said Garibaldi successfully advanced the company’s Flagship E&L project at Nickel Mountain as well as numerous other targets throughout the property, including the company’s more accessible Casper high grade quartz gold vein system which progressed to drill readiness. Garibaldi completed four diamond drill holes at Casper by the holiday break, assays are pending.
“We are very encouraged with the results of the 2020 drilling programme,” Mr Hanson said.
“Our planning and analysis lead to the discovery of a new mineralised zone 650 m along trend of the E&L system. We have significantly enhanced the footprint with these large step-out holes and are well on our way to tracking down new mineralised zones along the E&L corridor.”
