Dr. Craig Gibson, a Garibaldi director and one of the leading geological authorities on Mexico, visits the La Patilla Property.
Drilling in Action
La Patilla Highlights:
• LP-14 intersected 10.4 g/t Au over 8.5 meters within a wider 30-meter interval grading 3.1 g/t Au;
• Five of six holes drilled to test the La Patilla vein system intersected broad zones of mineralization along 75 meters of strike length to depths of approximately 50 meters;
• Mineralization remains open in all directions, including at depth, and consists of gold bearing quartz veins and breccia bodies in an epithermal, low-sulphidation system.
Please refer to the map in this section of the web site and Garibaldi's news release issued following the market close Thursday, April 24, for additional details on the initial round of drilling at La Patilla.
La Patilla is located in the municipality of El Rosario in Sinaloa State, Mexico, and was acquired by Garibaldi as a potential near-term exploitation project. Several gold-bearing quartz veins ands/or breccia bodies at La Patilla have drawn interest from artisanal miners for many years. The property features easy access, relatively flat terrain at low elevations, and is surrounded by excellent infrastructure in an established mining district. Garibaldi has also negotiated a long-term agreement with the local community to allow for any potential future metal extraction on the property by the company.