Significant geophysical survey results. Garibaldi released results from a 2021 Z-Axis Tipper Electromagnetic (ZTEM) survey completed over the company’s 180-square kilometer Nickel Mountain – Palm Springs Project claim groups. Recall that E&L Nickel Mountain represents the first magmatic nickel-copper-cobalt-PGE-rich massive sulphide system identified in the Eskay Camp. The survey identified a large anomalous zone directly below and along trend with mineralized E&L Nickel Mountain gabbro previously confirmed by drilling. The anomaly exceeds 3 kilometers in width and plunges 2 kilometers directly below the nickel-copper-cobalt PGE bearing intrusion which hosts high grade massive sulphides. The finding potentially extends the mineralized zone which could have positive implications for resource size and project economics.Growing property-wide exploration potential. The presence of ZTEM-identified geophysical anomalies coincident with surface mineralization and conductive targets from Versatile Time Domain Electromagnetic (VTEM) surveys provide property-wide targets for magmatic and hydrothermal base and precious metal mineralization with high discovery potential.Drilling program. Plans for the 2022 drilling program at E&L Nickel Mountain are being contemplated with drilling likely to occur from July through August.Rating is Outperform. Garibaldi Resources is unique because it offers exposure to high value metals that play a critical role in clean air and battery technologies, along with precious metals. In our view, the results from the ZTEM survey affirm the significant and growing potential of Nickel Mountain and the Palm Springs claims. Read More >>