- Business
- Garibaldi Resources Corp. (TSXV: GGI) is a Canada-based junior exploration company focused on the acquisition, exploration and evaluation of mineral properties in British Columbia and Mexico; it targets nickel, copper, cobalt, platinum group elements, gold and silver deposits, with its flagship 100%-owned E&L Nickel Mountain Project in northwest British Columbia's Golden Triangle featuring a magmatic nickel-copper massive sulphide discovery highlighted by high-grade intercepts such as 8.3% nickel, 4.2% copper and 0.19% cobalt over 16.75 metres in hole EL-17-14; additional projects within its 180 sq km Eskay claim group include the high-grade Casper gold vein discovery with up to 249 g/t gold, alongside other prospects like Palm Spring, King, Red Lion, Grizzly, Otter Creek, La Patilla, Rodadero, Tonichi and Iris in Mexico. Founded in 1993 and headquartered in Vancouver, British Columbia, the company operates in prolific mining districts such as the Eskay Camp near Eskay Creek, Brucejack, KSM and Snip, serving investors seeking exposure to critical metals for electric vehicles and precious metals amid rising gold prices. In 2025, Garibaldi closed an oversubscribed non-brokered private placement of 14.4 million units at $0.07 for gross proceeds of $1.0 million to fund exploration and working capital; it commenced high-resolution aeromagnetic surveys over E&L and Casper to prioritize drill targets including the "O" and "F" anomalies, E&L West boulder train and off-hole BHEM conductors; and completed air-mag surveys over high-grade nickel-copper and gold properties at Eskay Creek while re-approving its 2023 equity incentive plan.