Garibaldi Update

Rhea-AI Summary

Garibaldi Resources Corp. (TSXV: GGI, OTC: GGIFF) is set to resume operations at its E&L Nickel Mountain project following a temporary halt. The decision comes after a tragic incident affecting the team's morale. The company will restart its drilling program and continue exploration efforts at both Nickel Mountain and Casper. Updates on the drilling activities will be provided soon. Garibaldi aims to enhance shareholder value through strategic asset development in Mexico and British Columbia.

Positive

• Resuming operations at E&L Nickel Mountain project.
• Commencing drilling program and exploration efforts.
• Focus on shareholder value through asset development.

Negative

• Temporary halt in operations due to a tragic incident.

TSXV: GGI
OTC: GGIFF
Frankfurt: RQM

VANCOUVER, BC, Aug. 26, 2020 /PRNewswire/ - Garibaldi Resources Corp. (TSXV: GGI) (the "Company" or "Garibaldi") will restart operations at the E&L Nickel Mountain project this week. After a heartbreaking loss, the entire Company and crew of professionals in camp have focused their thoughts and prayers on the well-being of their co-worker's family. Following appropriate measures and considerations, the company's drill program will resume. Our committed personnel will now carry on with exploration programs at Nickel Mountain and Casper.

Updates on drilling status, E&L and Casper will follow.

About Garibaldi

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 Mexico and British Columbia.

We seek safe harbor.

GARIBALDI RESOURCES CORP.

Per: "Steve Regoci"
Steve Regoci,
President

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or the accuracy of this release.

View original content:http://www.prnewswire.com/news-releases/garibaldi-update-301118918.html

SOURCE Garibaldi Resources Corp.

FAQ

What is happening with Garibaldi Resources Corp. as of August 26, 2020?

Garibaldi Resources Corp. is restarting operations at its E&L Nickel Mountain project after a temporary halt.

What is the stock symbol for Garibaldi Resources Corp.?

The stock symbol for Garibaldi Resources Corp. is GGIFF.

What will Garibaldi Resources Corp. resume at the Nickel Mountain project?

Garibaldi Resources Corp. will resume its drilling program at the Nickel Mountain project.

Where does Garibaldi Resources operate?

Garibaldi Resources operates in Mexico and British Columbia.

What is the focus of Garibaldi Resources Corp.?

Garibaldi Resources Corp. focuses on creating shareholder value through strategic asset development.