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Colibri Resource Corp. retains AuroMetallum for Mapping at Evelyn Gold Project in Sonora

Colibri Resource Corporation (TSX Venture – CBI) (“Colibri” or “The Company”) is pleased to announce that it has contracted AuroMetallum Geology Consulting Services of Hermosillo, Mexico to complete a comprehensive geological mapping study of its Evelyn Gold Project near Caborca in Sonora, Mexico. The project is utilizing a team of four members and will take approximately 3 to 4 weeks of field work to complete. The final report is expected to be prepared within 6 to 7 weeks. The final comprehensive report will verify and absorb isolated work programs completed to date by Colibri and is intended to generate additional areas of interest not yet mapped or chip sampled. The … Continue reading

Colibri Resource Corp. Signs Pilar Gold Property Option Agreement with Tocvan Ventures

Colibri Resource Corporation (TSX Venture – CBI) (“Colibri” or “The Company”) is pleased to announce that it has entered into a Property Option Agreement with Tocvan Ventures Corp. (Tocvan) (CSE:TOC) on its 100% owned Pilar Gold Project located near Suaqui Grande, Sonora Mexico. Tocvan has been granted a 60 day exclusivity period for the project during which time they will complete additional due diligence in exchange for paying Colibri $25,000 (non-refundable). Upon giving notice of satisfactory due diligence Tocvan will be granted an initial option to earn 51% of the Pilar Project over a 5 year period and subject to satisfying the terms set forth below. Upon completion of these … Continue reading

Colibri Resource Corp. Appoints Terry Byberg To Its Board Of Directors

Dieppe, NB. August 22nd, 2019. (CBI-TSX Venture) Colibri Resource Corporation (“Colibri” or the “Company”) is pleased to announce the appointment of Terrence (Terry) Byberg to its Board of Directors. A graduate of the Haileybury School of Mines, Mr. Byberg is an accomplished mining executive who has over 40 years of international mining experience in Canada, USA, Mexico, Greece, Australia, and Philippines. He is currently Executive Vice President of Stratabound Minerals and has previous held positions as VP of Mining for Chieftian Metals, President of Silver Eagle Mines, and General Manager of TVX Gold and Royal Oak Mines. “We welcome Terry and his vast experience to our Board of Directors. We … Continue reading

Colibri Resource Corporation Discovers Mineralized Quartz Veins in Sub-Crop at its Evelyn Property, Mexico – Samples as high as 4.81 grams per tonne

Dieppe, NB. June 3rd, 2019. (CBI-TSX Venture) Colibri Resource Corporation (“Colibri” or the “Company”) is pleased to announce that it has received additional assays from its geological mapping and sampling program on the Evelyn property, in northern Sonora, Mexico.  Results from grab samples include values of 4.81 g/t Au and 4.19 grams per tonne (“g/t”) Au from an area not previously mapped or sampled. Recent and on-going geological mapping and sampling on the Evelyn property has been aimed at following up anomalies from a soil geochemistry survey completed in 2011.  The samples returning 4.81 g/t Au and 4.19 g/t Au were collected from an area comprised of abundant quartz in … Continue reading

Colibri Receives Historical Assays from Santa Catalina Mining’s Pilar Exploration

Dieppe, NB – May 7, 2019 – (CBI-TSX Venture) Colibri Resource Corporation (“Colibri” or the “Company”) is pleased to announce that it has purchased and received historical assay results for over 8,000 samples collected on the Pilar Gold Project by Santa Catalina Mining (“SCM”) in the 1990’s.  With the permission of the past management of SCM, the assay lab that completed the analyses, ALS Global (“ALS”), Vancouver, B.C. has released the data to Colibri. Colibri has confirmed that SCM assays were completed at ALS laboratories with sample preparation completed in Hermosillo, Sonora, Mexico and Atomic Absorption and Fire Assay analyses completed in Vancouver, Canada and followed standard chain of custody … Continue reading

Colibri Resource Corporation Samples 43.9 grams per tonne Au at its Evelyn Property, Mexico

Dieppe, NB. March 26, 2019. (CBI-TSX Venture) Colibri Resource Corporation (“Colibri” or the “Company”) is pleased to announce that it has received assays from its geological mapping and sampling initiatives recently completed on the Evelyn and El Mesquite properties, Sonora, Mexico. Results include a value of 43.9 g/t Au from a quartz vein on the Evelyn property. The field work on the Evelyn and El Mesquite properties was completed in parallel with on-going project data compilation and interpretation.  The objective of the on-going surface exploration programs is to advance both properties to the exploration drilling stage. Evelyn The Evelyn property is located in northern Sonora, within the Caborca Gold Belt … Continue reading

Colibri Resource Corporation Announces Private Placement and commencement of exploration work

Dieppe, NB. March 8th, 2019. (CBI-TSXV) Colibri Resource Corporation (“Colibri” or the “Company”) wishes to announce that, subject to regulatory approval, it has completed a private placement in the amount of 6,340,000 units for gross proceeds of $317,000. The units consist of one common share and one full share purchase warrant. Each warrant entitles the investor to acquire one additional common share at $0.10 for three years from the closing of the private placement. The Company may pay finder’s fees in connection with this placement in accordance with TSX Venture Exchange regulations. All securities issued pursuant to this financing will be subject to resale restrictions for a period of four … Continue reading

Provides a Review of its 2018 Business/Exploration Activities

DIEPPE, N.B., December 19, 2018 (CBI: TSX-V) – Colibri Resource Corporation (“Colibri” or the “Company”) wishes to provide share holders with a review of its business activities over the last year. In February 2018, the Company announced a private placement financing of up to $1 million at $0.10 per unit with proceeds being allocated to a drilling program at the Pilar Project. A unit consisted of one common share of Colibri and one common share purchase warrant which allows the unit holder to purchase an additional common share at $0.15 for a five-year period. The placement was oversubscribed by 20%. The 27 hole drilling program at Pilar which was completed in … Continue reading

Colibri Resource Corporation Announces its Intention to Sell its Pitaya Property Interest

DIEPPE, N.B., December 5, 2018 (CBI: TSX-V) – Colibri Resource Corporation (“Colibri” or the “Company”) wishes to announce that it has entered into a one-year agreement with Agnico Eagle Mines Limited (“Agnico Eagle”) whereby it has agreed to allow Agnico Eagle to exclusively explore opportunities to dispose of Colibri’s joint venture interest with Agnico Eagle on the 6,564 hectare Pitaya project (the “Project”) near Caborca in Sonora, Mexico (a “Sale Transaction”). Agnico Eagle may initiate and manage the sales process as well as negotiate, settle, agree to and complete a Sale Transaction on behalf of Colibri at anytime prior to November 9, 2019. Notwithstanding any provision of the existing Earn-In Agreement … Continue reading

Colibri Resource Corporation To Acquire Yaque Minerales From Ontop Capital Limited

DIEPPE, N.B., October 30, 2018. (CBI: TSX-V) Colibri Resource Corporation (“Colibri”) is pleased to announce that it has entered into a share purchase agreement dated October 27, 2018 with OnTop Capital Limited (“OnTop”) to purchase 100% of the issued and outstanding shares of Yaque Minerales S.A. de C.V (“Yaque”), a wholly owned subsidiary of OnTop (the “Transaction”). Closing of the Transaction is subject to regulatory and shareholder approval. As consideration for the Transaction, Colibri has agreed to issue a convertible debenture in the amount of $1 million CDN bearing an annual interest rate of 2.5% which is convertible at any time, in whole or in part, over the next 5 … Continue reading

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