Drilling will test this very prospective area for a gold system approximately 6 km east of the company’s Silver Eagle deposit, underscoring the large-scale nature of this emerging mineral camp in central Sonora State.
Exploration work has shown a zonation in metal distribution at Rodadero with high silver and base metal values near-surface in the west, trending north-south for nearly 3 km from Silver Eagle through Reales, to silver-gold in the central part of Rodadero and more gold-rich mineralization further east in the Rambo area.
Contiguous to the Rambo southern border is a small-scale gold-silver mine currently in production, exploiting two main veins.
Drilling at Rambo is designed to intersect gold mineralization and a potential new discovery at Rodadero at depths of less than 100 meters in a strongly altered volcanic rock package.
Mineralization at Rodadero, which features 12 targets over nearly 50 sq. km, is interpreted as being related to a large zoned mineralized system that is exposed at various levels from west to east. Rodadero is strategically located in a prolific part of central Sonora in close proximity to several gold and silver mines operated by intermediate and major producers.
Garibaldi Resources is an active Canadian-based junior exploration company focused on creating shareholder value through discoveries and strategic development of its assets in some of the most prolific mining regions in Mexico and British Columbia.