Black Gold

Size 274 hectares
Location Grand Forks, SE BC
Status Owned 100%

Garibaldi's Black Gold claims near Grand Forks, B.C., are potentially suitable for extraction of dimension-stone-quality black granite. The company owns, through its 100% owned subsidiary, San Pedro Stone Inc., the Black Gold granite quarry which is located 40 km north of Grand Forks. There is a quarry permit issued by the B.C. Ministry of Mines as well as a reclamation deposit in place.

Garibaldi's new management group retained this legacy asset after securing an independent assessment indicating that the size of the deposit combined with the unique and attractive appearance of the stone had potential commercial value worthy of further evaluation.

The company continues to examine ways to unlock the value of Black Gold.

View Geologic Assessment / Quarry Plan Review - Black Gold Granite Quarry Development