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 three district scale projects covering more than 1,000 square kilometres of strategically located concessions close to some of the most robust gold and silver mining projects ever discovered in Mexico including Mulatos, Dolores and Ocampo.
The Sierra Madre is one of the most extensive belts of epithermal type gold-silver occurrences in North America and all of the known mining districts exhibit the widespread hydrothermal alteration that characterizes these types of deposits. All of Tonichi-Onavas, Iris and Rodadero were acquired because they cover broad areas of virtually unexplored hydrothermal alteration that are strikingly similar to the alteration zones associated with many of the known deposits..
All of these projects have potential to host multiple mineralized zones and management believes the company's portfolio represents an exceptional, leveraged exploration opportunity.
The successfully completed fixed wing hyperspectral survey (flown by HyVista Corp. of Australia in consultation with MacDonald Dettwiler and Associates Ltd. of Richmond, B.C.) has a much wider spectral range (126 bands rather than 8 bands for ASTER) and is roughly sixteen times (16x) more detailed than data from a space borne platform. Results of the Garibaldi Resources survey will be used to reduce Garibaldi's substantial land package around hyperspectral target anomalies to develop a pipeline of projects to advance and / or joint venture.