Garibaldi Resources Corp.
TSX VENTURE : GGI

Garibaldi Resources Corp.

May 12, 2006 09:00 ET

Garibaldi Forms Advisory Board

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 12, 2006) - Garibaldi (TSX VENTURE:GGI) is pleased to announce the formation of an advisory board to assist and support the company's corporate strategy particularly as it relates to its rapidly expanding land holdings in Mexico. Garibaldi welcomes the first two members of the Advisory Boards:

DR. PETER K. M. MEGAW

Dr. Megaw holds a Ph.D. in geology from the University of Arizona and is a recognized expert on carbonate replacement deposits and epithermal vein systems. He is a certified professional geologist by the American Institute of Professional Geologists and is prominently identified with a number of mineral discoveries in Mexico. Dr. Megaw has played a pivotal role on the Mexican mining scene over the past 27 years and has been a significant contributor to numerous junior exploration companies active in Mexico through Imdex Inc. a company he founded. Most recently, Dr. Megaw was instrumental in the development of Excellon Resources Inc.'s Platosa mine and currently sits on the board of Mag Silver Corp. Dr. Megaw has been widely published and is a frequent speaker at international exploration conferences.

DR. HANS VON MICHAELIS

Dr. von Michaelis holds a Ph.D. in Geochemistry from the University of Cape Town. He has organized numerous international conferences on gold and silver extraction and recovery, on global mining opportunities and on Mexico mining opportunities and is a former director of Glamis Gold Ltd. Dr. von Michaelis is currently President of Randol International Ltd., a company he founded in 1977 to provide business development services. Hans is a director of Morgain Minerals Inc. and also serves on the advisory board of Strathmore Minerals Corp. Hans' recent business development associations include the introduction by Randol of the Mulatos gold project to Alamos Minerals Ltd., and assisting Excellon Resources Inc. to obtain financing for its Platosa project in Mexico. Dr. von Michaelis is the author of numerous technical and mineral economic publications and has been a frequent speaker at international conferences.

Garibaldi's growing presence in Mexico will be well served with the addition of such experienced professionals and reflects positively on the quality of the exploration projects the company has assembled.

GARIBALDI RESOURCES CORP.

Steve Regoci, President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this News Release.

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