Wednesday, June 22, 2011

Colibri reports more drill results at Ramard; 311 grams per tonne silver, 2% lead, and 3.4% zinc between 37 and 38 meters depth, plus multiple intervals of silver-lead-zinc.

VANCOUVER, June 22 /CNW/ – Colibri Resource Corporation reports final results from a 2400 meter drill program at the Ramard silver project, in Sonora, Mexico. The Ramard property consists of over 4000 hectares of mineral concessions located 100 km north of the city of Hermosillo, Sonora, wholly owned by Colibri’s Mexican subsidiary, Minera Halcones. The Ramard property contains numerous historical artisanal silver mine workings. Assays have been returned from holes 17-28 of 28 drill holes. These results provide infill data for previously reported holes from the main ridge of La Bronca Zone (see May 17, 2011 and May 27, 2011 news releases and drill location map posted at (http://www.colibriresource.com/projects/ramard/).

All holes were drilled across a gently dipping skarn/manto formation and are believed to be close to true width (within 10%).

Holes BRAPD18, BRAPD19, BRAPD20, BRAPD21 all intersected intervals of low grade disseminated silver-lead-zinc mineralization, (see attached table) within broad intervals of abundant, dense, visible sulphide, as yet unidentified. BRAPD22 cut 4 meters of 52.7 parts per billion (ppb) gold, 57.1 grams per tonne (gpt) silver, 0.67% lead, 3.04% zinc between 44 and 48 meters depth. BRAPD23 cut two significant intervals, between 1 and 3 meters below surface, 21 ppb gold, 86.1 gpt silver, 0.055% copper, 3.1% lead, 1.5% zinc, and 105ppb gold, 311.3 gpt silver, 2.01% lead, 3.41% zinc between 37 and 38 meters depth. BRAPD27 cut 10 meters of 38.5ppb gold, 49.6 gpt silver, 0.06% copper, 0.55% lead, 4.87% zinc between 2 and 12 meters depth including 2 meters of 86.5 ppb gold, 182 gpt silver, 0.195% copper, 2.0 % lead, 10.44% zinc between 3 and 5 meters.

The company is in the process of compiling and integrating all results from the 2007 and 2011 drill programs to develop a three-dimensional structural interpretation that incorporates multiple high-grade rock chip samples collected away from the drilled areas.

Drilling was conducted using a direct circulation, rotating hammer, track mounted rig and Ingersoll Rand 750 cfm compressor. Drill hammer width is 4.5 inches. Samples were collected in a cyclone at one meter intervals and split with a Jones splitter. All samples were split on site with half of the sample kept for archival purposes. At least one duplicate sample was collected from all holes. Samples were taken directly to Inspectorate Laboratory sample preparation lab in Hermosillo, Sonora at the end on each days drilling. Sample pulps were analyzed by Inspectorate in their laboratory in Richmond, British Columbia using AuAg-1AT-GV for gold and silver and BM-AR-OR for copper, lead and zinc, quantitative procedures designed for ore grade samples.

BRAPD Drill Borings-April/May 2011

Drill Hole

UTM

Azimuth (º)

Incline (º)

Total Depth (meters)

Drill Interval (meters)

Width (meters)

Gold (ppb)

Silver (gpt)

Copper (percent)

Lead (percent)

Zinc (percent)

BRAPD17

518959E

 

-90

99m

Anamolous Silver, Zinc, Lead

 

 

3285160N

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BRAPD18

518814E

 

-90

99m

1-3m

2m

48

19.2

0.20

0.58

0.62

 

3285218N

 

 

 

82-85m

3m

9

23.4

<0.01

0.16

0.24

 

 

 

 

 

 

 

 

 

 

 

 

BRAPD19

518770E

 

-70

91m

66-68m

2m

11

23.7

0.01

0.12

0.65

 

3285291N

 

 

 

84-87m

3m

21

8.6

0.01

0.04

1.10

 

 

 

 

 

 

 

 

 

 

 

 

BRAPD20

518733E

50

-70

99m

0-1m

1m

12

2.6

<0.01

0.05

1.91

 

3285310N

 

 

 

77-78m

1m

49

80.5

0.06

0.31

3.21

 

 

 

 

 

 

 

 

 

 

 

 

BRAPD21

518700E

40

-70

99m

2-4m

2m

15

23.4

<0.01

0.26

0.92

 

3285355N

 

 

 

30-33m

3m

7

24.3

0.01

0.48

0.95

 

 

 

 

 

54-61m

7m

2

20.6

0.01

0.14

0.37

 

 

 

 

 

 

 

 

 

 

 

 

BRAPD22

518495E

40

-70

99m

14-16m

2m

7

79.5

<0.01

0.78

0.53

 

3285428N

 

 

 

44-48m

4m

53

57.1

0.05

0.67

3.04

 

 

 

 

 

95-99m

4m

12

8.7

<0.01

0.03

0.26

 

 

 

 

 

 

 

 

 

 

 

 

BRAPD23

518443E

 

-90

42m

1-8m

7m

10

32.5

0.02

1.15

0.63

 

3285414N

 

 

 

1-3m

2m

21

86.1

0.1

3.1

1.5

 

 

 

 

 

32-41m

9m

29

50.4

0.01

0.39

0.68

 

 

 

 

 

37-38m

1m

105

311.3

0.01

2.01

3.41

Drill Hole

UTM

Azimuth (º)

Incline (º)

Total Depth (meters)

Drill Interval (meters)

Width (meters)

Gold (ppb)

Silver (gpt)

Copper (percent)

Lead (percent)

Zinc (percent)

BRAPD24

518422E

 

-90

99m

Anamolous Silver, Zinc, Lead

 

3285451N

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BRAPD25

518525E

 

-90

99m

12-13m

1m

82

113.5

0.03

0.83

5.51

 

3285375N

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BRAPD26

518577E

40

-70

99m

2-3m

1m

25

55.2

0.01

0.5

4.3

 

3285394N

 

 

 

0-35m

35m

11

9.9

0.01

0.39

1.06

 

 

 

 

 

17-35m

18m

17

14.2

0.03

0.69

1.67

 

 

 

 

 

 

 

 

 

 

 

 

BRAPD27

518608E

50

-65

99m

2-12m

10m

39

49.6

0.06

0.55

4.87

 

3285381N

 

 

 

3-5m

2m

87

182.1

0.20

2.03

10.4

 

 

 

 

 

31-33m

2m

83

33.1

0.06

0.44

1.31

 

 

 

 

 

45-49m

4m

8

12.2

0.01

0.17

1.54

 

 

 

 

 

76-78m

2m

105

30.1

0.11

0.15

0.85

 

 

 

 

 

 

 

 

 

 

 

 

BRAPD28

518632E

 

-50

50m

13-14m

1m

0

1.4

0.00

0

1.95

 

3285272N

 

 

 

42-43m

1m

8

23.5

0.23

0.41

2.52

Exploration was conducted under the supervision of J.J. Irwin, Ph.D., P.Geo. the qualified person under National Instrument 43-101 on this project.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents herein.

For Further Information Please Contact:
Lance Geselbracht, P.E., President and Chief Executive Officer
Tel: (250) 755-7871