Garibaldi - the final cut

By The Angry Geologist / January 29, 2018 / roundup.amebc.ca / Article Link

I'm so disappointed with Garibaldi. After 3 months of hibernation, they rudely awoke the market with the final drill-hole assays just in time to show some core at the Roundup Core-shack (link), and avoid some embarrassing questions...

Let's start with the good news:

  • We got a plan map!!!!
  • We got some geofizz polygons - rectangle marks the spot!!!
Errr, that's it...
And now with the bad less good news:
This is what our chum, Dr. Lightfoot has to say about the results:
Yawn...
On the surface Hole 10 look good, but when you see that it is just of twin (i.e. drilled right next to it) of hole 09, things fall apart. Leapfrog viewer file here (link)



Visually, this is how far apart the 2 holes are:

2 sexy ass widths
Over 60 cm, the upper zone, at ~150m depth, decides to go on holiday. How sad is that, here is a company deliberately targeting known mineralization by twinning a good hole and one of the massive sulfide zones 'evaporates'.

Here it is visually

Sorry the bars are so small, it is the only way I could actually show the assays from both holes.
I'm sure this is what Senor Lightfoot is referring to the mineralization being 'entirely open', two words that you can't say about the GGI management team.


Hole EL-17-11

Drilled to explore for the continuation of the mineralization hit in holes EL-17-08 and the old holes (DDH_02 and 03).


Make sure you check the scale on any map!, In this hole we can see that it is only ~25m from previous drilling. The thick, low-grade mineralization surrounding the high-grade zones in hole EL-17-08 has appears to have disappeared and all that is reported in EL-17-11 is a narrow, albeit, high-grade massive sulfide lens.

Hole EL-17-12

Vertical hole exploring the down-dip extensions of the NW massive sulfides zones hit in holes EL-17-03, 06, 07 and 08. It hit an 18m zone of >1% Ni and >1% Cu, but no massive sulfides, even though holes EL-17-03 and EL-17-08 are only 18m and 26m away respectively.
I'm guessing hole 12 was designed to herd the Nickel closer to surface


Hole EL-17-13

This was drilled in the wide-blue yonder, and just clipped the edge of the MASSIVE geofizzical target and hit nothing.

Fore....
It was a shame that we couldn't have seen these target anomalies on a section and maybe see how they relate to the Q, but, we got a plan map (or should I say, GGI got someone to draw the original Silver Standard Map from the 70s), asking for a section wold have seriously taxed the highly professional geological team at GGI 

Summary

We see significant decrease in thicknesses and grades of the mineralization over very short distances, which is a bit of an Achilles heel if you are trying to give the impression that the mineralization is part of a big deposit, and before anyone sends me comments with Latin phrases, just spend a few moment looking at hole 10. It demonstrates the depths that GGI will go to get a 'good result' for a press release .

Nickel Mountain, futue te ipsi, es mundus excrementi!












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