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Garibaldi Team Adds Strategic Vale Canada Veteran Nickel Executive Mark Scott

Corporate Updates

Garibaldi Team Adds Strategic Vale Canada Veteran Nickel

Executive Mark Scott

TSXV: GGI

OTC: GGIFF

Frankfurt: RQM

VANCOUVER

,

Feb. 12, 2020

/CNW/ - Garibaldi Resources (TSXV: GGI) (the "Company" or "Garibaldi") is pleased to announce that Mr.

Mark Scott

, most recently Vice President of

Vale Canada Ltd.

and head of its

Manitoba

nickel operations, has joined the Garibaldi board

of directors and has also been appointed VP Corporate Development effective immediately.

"With its top-tier nickel grades combined with 10 other metals, including high-grade copper, palladium, platinum and rhodium in massive

sulphides, the Nickel Mountain discovery is an extremely rare find on a global scale," Mr. Scott commented. "I thank President and CEO

Steve Regoci

and the Garibaldi board for the opportunity to join the team and help unlock the full value of the most exciting nickel sulphide

exploration project in the world entering what's shaping up to be a decade of high demand for Class 1 nickel and strategic metals.

"What has also attracted me to Garibaldi is the location of its flagship Nickel Mountain Project in the heart of the prolific Eskay mining

camp, one of the world's premier jurisdictions for exploration and mining," Mr. Scott continued. "Not only has the Garibaldi team become

the first to outline a nickel massive sulphide system in the middle of this gold, silver and copper-rich camp, including a 12-km-long belt of

potential nickel deposits, but the company holds other very strategic ground in the Eskay Camp. Part of a broader corporate development

strategy aimed at global investors will be to creatively communicate the value of these holdings."

Mr. Scott enjoyed a successful 20-year career with Vale SA, Inco Ltd. and Noranda Inc. As VP of Vale Canada Ltd., he oversaw one of

Canada's

largest fully integrated mining, milling, smelting and refining complexes in

Thompson, Manitoba

. In this capacity he oversaw all

phases of the operation, from exploration to reclamation, including annual production of 50kt nickel and associated copper, cobalt, PGE

and other precious metal by-products. It has been Mr. Scott's privilege to lead teams whose efforts have been award winning in the fields

of safety and emergency response, environmental sustainability, strategic planning and techno-economic modelling, community and

stakeholder engagement, and workforce planning and recruitment.

Mr. Scott previously held the roles of Director of Mining and Milling, Manager of the Thompson Nickel Refinery and General Manager of

Human Resources and Sustainability with Vale Canada Ltd. He holds a Bachelor of Arts (BA) degree from

Dalhousie University

, a Master

of Industrial Relations (MIR) degree from the

University of Toronto

, and a Master's Certificate in Project Management from the Schulich

School of Business (

York University

) and

University of Winnipeg

.

Steve Regoci

, Garibaldi President and CEO, commented: "Mark has an impressive background and we're very pleased to have him join

our team at a key moment for Garibaldi. In many ways we're coming off our most successful season of exploration, so exciting new

opportunities are ahead of us. The growing scale of the Nickel Mountain Eskay Camp Project is attracting the attention of global nickel

producers and accomplished leaders like

Mark Scott

. This bodes well for building shareholder value in 2020."

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

British Columbia

and

Mexico

.

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.

View original content:

http://www.prnewswire.com/news-releases/garibaldi-team-adds-strategic-vale-canada-veteran-nickel-executive-mark-scott-301003638.html

SOURCE

Garibaldi Resources Corp.

View original content:

http://www.newswire.ca/en/releases/archive/February2020/12/c4170.html

%SEDAR: 00004262E

For further information:

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

GaribaldiResources.com

CO: Garibaldi Resources Corp.

CNW 09:00e 12-FEB-20