Colibri Resource Corp.
Colibri Resource Corp is a mineral exploration company focused on exploring and developing its quality properties in Sonora, Mexico
These projects hold the potential for hosting significant gold – silver deposits
Our primary strength is in our team of highly experienced mining professionals. The team has a proven track record of developing properties from discovery to production on budget and on time
Our growth strategy is to purposefully advance our gold and silver deposits to a stage where a production decision can be made or may be sold to a third party
Colibri will consider initiating low capex, low cost operations early in the life of our projects to internally fund the advancement of the resources while minimizing shareholder dilution
The company is actively exploring three of its five gold projects which are all held in Sonora State, Mexico
The Company’s projects include:
Evelyn – Flagship – 100% owned – drill stage exploration – active
El Mezquite – 100% owned – drill stage exploration – currently under option to earn 50% – active
Pilar – 100% owned – advanced exploration – currently under option to earn 51% – active
Jackie – 100% owned – grass roots exploration
currently under option to earn 50% – active
Pitaya – 23.5% owned JV with Agnico Eagle – advanced exploration – not active
In the State of Sonora, there are many operating open pit, bulk tonnage mines in production; La Herradura (owned by Fresnillo plc), Piedras Verdes, (Frontera Copper), Mulatos, (Alamos Gold), El Chanate (AuRico Gold), Santa Elena (SilverCrest Mines), San Francisco (Timmins Gold), El Chanate (AuRico Gold), La Caridad (Grupo Mexico), Cananea (Grupo Mexico), Milpillas (Penoles), Cerro Colorado (Goldgroup) and Alamo Dorado, (Pan American Silver).
All operating mines mentioned above had histories of historical artisanal mining of high grade vein systems prior to modern exploration. By applying current day exploration techniques in these areas, these miners discovered much larger mineralized systems which are now being mined by bulk tonnage, open pit methods.
Colibri Resource Corporation has experienced modern exploration successes on its own highly mineralized properties (with historical mine sites) and intends to grow the mineral resources of these projects to a point where development decisions can be made.