Garibaldi Resources announced that it has entered into a mineral property purchase agreement with G. Prior, whereby the Company agreed to acquire a 100% interest in one mineral tenure, located in the Omineca Mining Division in the Province of British Columbia comprising approximately 214.1217 hectares. As consideration for the Property, the Company has agreed to pay: (i) a cash payment of $1,561.81 and (ii) the issuance of 25,000 common shares of the Company, on the terms and conditions as set forth in the Agreement. The one additional mineral tenure is contiguous to Garibaldi's Red Lion project, a highly prospective Cu-Au porphyry project in north-central B.C. Garibaldi plans to complete geochemical and geophysical surveys this field season to advance the property to drill readiness.