TORA TORA PROJECT

Tora Tora is located near Princeton, B.C. and is 25 kms north of the producing Copper Mountain mine. The property is largely overburden covered but features a prominent circular-shaped magnetic anomaly identified in a 2013 aeromagnetic survey which management believes may be the expression of a buried intrusive body. Tora Tora is located just 2 kms west of Sego Resources' 2012 discovery hole (DDH-12-21; 100.4 m of 0.95% copper, 0.55 g/t gold and 3.5 g/t silver).

In 2017, the Company completed the first two drill holes of a Phase 1 diamond drilling program at Tora Tora. The drill holes were collared 250 metres apart and were drilled to depths of nearly 200 metres, deeper and farther north than any of the several historical holes that were completed at Tora Tora.

Each of the first two test holes intersected propylitic alteration throughout. In copper porphyries, propylitic alteration is associated with the outer distal zones of deposits. The bottom of the second hole, drilled to a depth of 190 metres, returned anomalous copper mineralization in a pyrite-dominated sulphide assemblage with minor chalcopyrite occurring in quartz-carbonate veins, blebs and fine-grained disseminations. Garibaldi geologists were encouraged by the extensive new information acquired from this exploratory drilling, which will provide important guidance for future drilling.