TSX-V: GGI
Frankfurt: RQM
VANCOUVER,
Feb. 2, 2012 /PRNewswire/ -
Garibaldi Resources Corp. (TSXV: GGI) (the "Company") is
pleased to announce that it has received final title documents for
the Obispo concession from the Mexican Ministry of Mines. The
Company's wholly-owned subsidiary Minera Pender S.A. de C.V. was
awarded a 100% interest in 4620 hectares (46 square kilometres) of
strategic mineral claims at the government lottery held on
September 29, 2011. The Obispo
concession is contiguous to Garibaldi's existing holdings and adds
to the company's dominant land position at its district scale
Tonichi Property (see attached map) 160 kilometres southeast of
Hermosillo, Sonora State,
Mexico.
Garibaldi's Tonichi concessions now cover 51,412 hectares
and host a multitude of mineral prospects within broad zones of
intense alteration over many square kilometres. These target areas
are being explored for potential drill targets in addition to the
Locust gold in soil anomaly which is presently being test drilled
with the Company-owned NQ/BQ diamond drill at Tonichi north (see news release dated
November 29, 2011). Mineralization in
the area is prospective for large bulk tonnage gold and copper
deposits.
About Garibaldi Resources
Garibaldi Resources Corp. is a Canadian junior
mining company utilizing the most sophisticated remote sensing
technology in the world to explore for new gold silver and base
metal deposits in the central and northern parts of Mexico's prolific Sierra Madre. The Company controls seven
district scale projects covering more than 2,500 square kilometres
of strategically located concessions close to some of the most
robust gold and silver mining projects ever discovered in
Mexico including El Sauzal, Mulatos and Ocampo.
We seek safe harbour.
GARIBALDI RESOURCES CORP.
per: "Steve Regoci"
Steve Regoci, President |
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Neither the TSX Venture Exchange nor its
Regulation Services Provider accepts responsibility for the
adequacy or the accuracy of this release.
SOURCE Garibaldi Resources Corporation
Image with caption: "Garobaldi's Obispo Claim. (CNW
Group/Garibaldi Resources Corporation)". Image available at:
http://photos.newswire.ca/images/download/20120202_C8683_PHOTO_EN_9531.jpg