Garibaldi Resources Corp.

Garibaldi Resources Corp.

April 03, 2007 09:01 ET

Garibaldi Adds Remote Sensing Expertise to Advisory Board-Grants Options

Appointment to Advisory Board

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 3, 2007) - Garibaldi Resources Corp. (the "Company") (TSX VENTURE:GGI) is pleased to announce the addition of Dr. Joseph A. Zamudio, Ph.D. Geology/Remote Sensing (University of Colorado, Boulder) to the Company's Advisory Board. Dr. Zamudio is the founder of Applied Spectral Imaging, Boulder, Colorado and is a recognized and published expert in the highly specialized field of hyperspectral analysis.

Dr. Zamudio teaches workshops sponsored by ITT VIS (a subsidiary of ITT International) in the use of ENVI, the pre-eminent hyperspectral data processing software program, and is a consultant to private industry and government agencies. Dr. Zamudio will provide invaluable support for Garibaldi's up coming hyperspectral air survey over its vast (3,500 sq. km.) Mexican concessions.

Stock Options

The Company also announces that it has granted Incentive Stock Options on 200,000 shares of the Company's capital stock, exercisable up to five (5) years at a price of $0.60 per share which price is not lower than the last closing price of the Company's shares prior to this announcement, less the applicable discount. The options are granted pursuant to the Company's Stock Option Plan and will be subject to applicable regulatory hold periods.

About Garibaldi Resources Corp.: Garibaldi Resources Corp. is a next-generation exploration company utilizing newly emerging technology to generate acquisition targets in large under-explored historic mining districts in Mexico's Sierra Madres near recent discoveries which demonstrate the potential that vein systems exploited by early miners were the expression of much larger gold and silver deposits.


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.

Contact Information

  • Garibaldi Resources Corp.
    Steve Regoci
    (604) 488-8828
    (604) 488-8871 (FAX)
    Badshah Communications