Day: April 24, 2012

Garibaldi Intersects 1.25 g/t Gold Over 13.95 Meters at the Locust Target Tonichi Project, Sonora, Mexico

Garibaldi Resources Corp. is pleased to announce results of exploration drilling on its 100% owned Tonichi Project. The ongoing drill program was designed to evaluate the potential of the Locust Target that was defined by surface soil and rock chip sample anomalies (see press releases of June 2, 2010 and October 9, 2009). To date, four diamond drill holes have been completed using the Company’s drill, for a total of 905.8 meters drilled. A fifth hole is in progress. Assay results have been received for the first four holes. Hole LCT-11-03 has encountered gold mineralization of 1.25 g/t over 13.95 meters, and hole LCT-12-04 encountered 6.4 meters of 1.12 g/t Au. The table below includes assay results for the drill holes received to date.

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