Garibaldi's Rodadero concession covers approximately 49,000 hectares located in Sonora State and approximately 70 kilometres northwest of Alamos Gold's Mulatos Project.
Geological maps published by the Mexican Department of Mines show numerous known gold and silver occurrences, placer gold occurrences and more importantly show large areas of alteration similar to the alteration zones identified in the Mulatos area. Detailed geological work at Mulatos has demonstrated that the large alteration zones are associated with the epithermal systems that formed these gold deposits.
Garibaldi is currently analyzing the huge volume of hyperspectral data acquired from the successful fixed wing hyperspectral survey. Results will be announced as they become available.