Garibaldi Commences Drilling at Nickel Mountain

Garibaldi Commences Drilling at Nickel Mountain

TSXV: GGI

OTC: GGIFF

Frankfurt

: RQM

VANCOUVER

,

Aug. 24, 2017

/CNW/ - Garibaldi Resources (TSX.V: GGI) (the "Company" or "Garibaldi") is pleased to report that further to its news release of

August 18, 2017

, diamond drilling has commenced this morning at the Company's 100%-owned E&L Project at Nickel Mountain in the heart of the mineral rich

Eskay Camp

in northwest

British Columbia

.

Significantly, a follow-up surface electromagnetic survey completed by SJ Geophysics Ltd. supports the existence of a deep conductor, as detected by the

recently completed VTEM airborne survey, beginning immediately below the historic E&L nickel-copper-rich mineralized zones at a depth of approximately 140

meters (Anomaly "D").

Volterra Borehole EM will be performed upon the completion of the first drill hole to direct and guide diamond drill targeting.

E&L Project Map

To view a Google Earth image of the E&L Project, please visit GGI's web site or the following URL:

http://www.garibaldiresources.com/i/maps/GGI-E_L-Project-Map-Aug-10-2017.jpg

Qualified Person

Mr.

Everett F. Makela

, P.Geo., Director and VP Exploration Canada for the Company, a Qualified Person as defined by NI-43-101, has reviewed and approved the

scientific and technical disclosure in this news release.

About Garibaldi

Garibaldi Resources Corp. 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

.

We seek safe harbor.

GARIBALDI RESOURCES CORP.

Per:

"Steve Regoci"

Steve Regoci

, President

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or the accuracy of this release.

SOURCE

Garibaldi Resources Corp.

View original content: http://www.newswire.ca/en/releases/archive/August2017/24/c2042.html

%SEDAR: 00004262E

For further information:

GARIBALDI RESOURCES CORP., 1150 - 409 Granville Street, Vancouver, BC V6C 1T2, Telephone: (604) 488-8851, Website:

GaribaldiResources.com

CO: Garibaldi Resources Corp.

CNW 08:00e 24-AUG-17