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Showing posts with the label Magmatic Sulfides

Garibaldi Drills Historic Resource, Calls it a "Discovery"

Garibaldi Resources is drilling a nickel copper magmatic sulfide system at its Nickel Mountain project in the Golden Triangle of British Columbia. I've discussed it in a recent blog post. My position has been that so far they haven't drilled any new areas not already known from exploration conducted between the 1960's and 1990. Yes, they have intercepted massive sulfides over significant intervals that exceed the results of historic drilling. This could be for various reasons including poor drilling with lots of core loss in the historical programs. More likely, they have encountered the thicker sequence of mineralization within the historic zones.

Garibaldi Grade is King, But Tonnage is Queen

In a video titled "Grade is King" , a newsletter writer posts an interview excerpt with Dr. Peter Lightfoot, a pre-emintent geologist in the field of Ni-Cu-PMG magmatic sulfide deposits and consultant to Garibaldi Resources. Garibaldi has recently drilled several intercepts of massive sulfide nickel-copper mineralization at Nickel Mountain in the Golden Triangle of British Columbia. Dr. Lightfoot is duly excited about tenors and grades and expresses his expectation that exploration success will make Nickel Mountain an economic deposit.