Garibaldi Resources reports that an ongoing drill program utilizing two rigs continues to expand northwest British Columbia's first nickel-copper rich sulphide system at the company's 100%-owned Nickel Mountain Project near Eskay Creek.
All 11 additional holes completed since EL-17-01 have returned broad sections of disseminated to blebby net textured sulphides (pyrrhotite-pentlandite-chalcopyrite), hosted in olivine gabbro, consistent with a much larger scale mineralizing event than ever previously suspected at Nickel Mountain.
XRF analysis of drill core supports the very high tenor of the sulphide at Nickel Mountain.
Dr. Peter Lightfoot, an internationally recognized nickel sulphide expert and a technical adviser for Garibaldi, commented: "The host rocks at Nickel Mountain comprise a differentiated sequence of variable-textured and orbicular-textured gabbros and olivine gabbro with abundant disseminated interstitial sulphide. The exceptional tenor of the sulphide is a compelling feature of Nickel Mountain.
"When viewed in a global context," Dr. Lightfoot continued, "Nickel Mountain is a classic example of an intrusion produced by open system emplacement of silicate and sulphide magma through a dynamic magma tube within a differentiated gabbroic complex. This intrusion represents an open system magma highway along which successive batches of silicate and sulphide magma were emplaced."
