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Silver Spruce Initiates Field Work On Colibri’s Jackie Property

NEWS RELEASE – Dieppe, NB. January 18th, 2021. (CBI-TSXV) Colibri Resource Corporation (“Colibri” or the “Company”) is pleased to announce that Silver Spruce Resources Inc. (“Silver Spruce”) has commenced its planned Phase 1 exploration program on the Jackie Property located in Sonora, Mexico, located approximately 175 kilometers east of Hermosillo, Sonora. On November 30, 2020, Colibri signed a definitive agreement with Silver Spruce whereby Silver Spruce can earn a 50% interest in the Jackie property by completing USD$100,000 in exploration and drilling expenses including a minimum of USD$50,000 within 12 months and pay to Colibri total cash payments of USD$50,000 and CAD$50,000 in common shares within 12 months.  Silver Spruce … Continue reading

Colibri Resource Corp Recommences Trenching At Evelyn

NEWS RELEASE – Dieppe, NB. January 12th, 2021. (CBI-TSXV) Colibri Resource Corporation (“Colibri” or the “Company”) is pleased to announce that the trenching program on the Evelyn Property has resumed following the holiday season with Company geologists and equipment having returned to the property on January 7.  The trenching program was initiated in the fall of 2020 to follow-up geological mapping and sampling programs completed in 2019 and 2020. To date, a total of 230 samples have been assayed from the trenching program.  The trenches have been completed on-strike of selected high grade grab samples recovered during the previous field programs to explore for vein continuity under alluvial cover as … Continue reading

Colibri Resource Corp Recieves Word That Partner At Pilar Gold Project Has Completed Its Phase 1 Drill Program

NEWS RELEASE – Dieppe, NB. December 23, 2020. (CBI-TSXV) Colibri Resource Corporation (“Colibri” or the “Company”) is pleased to announce that the Company has received confirmation that its option partner Tocvan Ventures (CSE:TOC) has  completed its Phase 1 drilling program at Colibri’s Pilar Gold & Silver project. Nine holes totaling 1,505 metres of RC drilling was completed. The completed drill program was planned to confirm selected historical drilling and extend mineralization in the Main Zone along strike. Assaying of samples and interpretation of results is in progress.  Tocvan anticipates that the drilling will provide important structural information to assist in planning a subsequent drill campaign to test the interpretations of … Continue reading

Colibri Resource Corp Recieves Third Batch Of Assays From Trenching At The Evelyn Gold Project That Includes 17.75 Grams Per Tonne Gold

NEWS RELEASE – Dieppe, NB. December 9, 2020. (CBI-TSXV) Colibri Resource Corporation (“Colibri” or the “Company”) is pleased to announce that the Company has received the third batch of assays from the trenching program completed on the Evelyn Gold Project, located in the Caborca Gold Belt, northwestern Sonora.  A highlight of the results includes an assay of 17.75 grams per tonne (“g/t”) Au from the El Sahuaro target area. Further to press releases dated November 9, 2020 and November 19, 2020 wherein results of the recently completed trenching program on the Evelyn Gold Project were reported, the Company has received an additional 95 assays from samples collected during the trenching … Continue reading

Colibri Resource Corp Option Partner Begins Drilling At Colibri’s Pilar Gold & Silver Project In Sonora

NEWS RELEASE – Dieppe, NB. December 1st, 2020. (CBI-TSXV) Colibri Resource Corporation (“Colibri” or the “Company”) is pleased to announce it has received confirmation that its option partner Tocvan Ventures (CSE:TOC) will begin a drilling program at Colibri’s Pilar Gold & Silver project this week. The drill program will consist of up to 1,500 metres (“m”) of reverse circulation (“RC”) drilling and has been planned to confirm selected historical drilling and extend mineralization in the Main Zone along strike. Tocvan anticipates that the drilling will provide important structural information to assist in planning a subsequent drill campaign to test the interpretations of deeper mineralization based on geophysical results and structural … Continue reading

Colibri Resource Corp Recieves Second Batch Of Assays That Includes 23.2 Grams Per Tonne Gold From Trenching At The Evelyn Gold Project

NEWS RELEASE – Dieppe, NB. November 19th, 2020. (CBI-TSXV) Colibri Resource Corporation (“Colibri” or the “Company”) is pleased to announce that the Company has received the second batch of assays from the trenching program completed on the Evelyn Gold Project, located in the Caborca Gold Belt, northwestern Sonora.   Significant results include an assay of 23.2 grams per tonne (“g/t”) Au from the Cerro Rojo target area. The recently completed trenching program on the Evelyn property was executed to follow-up the results from geological mapping and sampling programs completed during the winter and spring of 2020.  As part of the program, trenches have been completed on-strike of selected high grade grab … Continue reading

Colibri Resource Corp Recieves Initial Assays From Trenching At The Evelyn Gold Project That Include 4.01 Grams Per Tonne Gold

NEWS RELEASE – Dieppe, NB. November 9th, 2020. (CBI-TSXV) Colibri Resource Corporation (“Colibri” or the “Company”) is pleased to announced that the Company has received the first set of assays from the trenching program the Evelyn Gold Project, located in the Caborca Gold Belt, northwestern Sonora.   Results include an assay of 4.01 grams per ton (“gpt”) Au.  Colibri has been granted a permit to complete up to 2.2 kilometers (“km”) of trenching in 13 separate locations on the Evelyn property. The trenching program is nearing completion and the Company has received assay results from 77 samples thus far, which represents 30% of the samples taken in the program to date.  … Continue reading

Colibri Resource To Sell 50% Of Its “Jackie” Gold Exploration Project Located Near The Santana Gold Mine Under Construction In Sierra Madre

NEWS RELEASE – Dieppe, NB. October 15th, 2020. (CBI-TSXV) Colibri Resource Corporation (“Colibri” or the “Company”) is pleased to announce that the Company has signed a Letter of Intent with Silver Spruce Resources Inc to sell a 50% interest in the Jackie Gold project (“the Property”) located 5km to the south-southwest the town of Tepoca in Sonora, Mexico. “We are enthusiastic about the prospect of working with the Silver Spruce team on the Jackie Gold project. This is the second project that they have taken a 50% interest in with us in less than six months. Their commitments to earn 50% of each of these projects significantly reduces Colibri shareholder’s … Continue reading

Colibri Resource Corporations Receives Results of Continuing Work at the Pilar Gold-Silver Project, Sonora Mexico

NEWS RELEASE – Dieppe, NB. September 30th, 2020. (CBI-TSXV) Colibri Resource Corporation (“Colibri” or the “Company”) is pleased to announce that the Company has received an update from its option partner Tocvan Ventures (CSE:TOC) on the Pilar Gold-Silver Project (“Pilar”) in Sonora, Mexico.   Tocvan is in the second year of a five-year option agreement to purchase an initial 51% of the Pilar Gold-Silver Project. Tocvan is executing a comprehensive exploration program at Pilar which includes the application of geophysics, geochemistry, and structural geology.  Based on work completed to date, Tocvan has interpreted the presence of a “Pipe-Like” feature approximately 100m in diameter with a steep plunge to the south-southwest.  … Continue reading

Colibri Resource Corporations High Resolution UAV Magnetic Survey at Evelyn Gold Project Significantly Expands Areas of Interest

NEWS RELEASE – Dieppe, NB. September 29th, 2020. (CBI-TSXV) Colibri Resource Corporation (“Colibri” or the “Company”) is pleased to announce that it has received the results of a high resolution magnetic survey completed at the Evelyn Gold Project located in the Caborca Gold Belt,  NW Sonora, Mexico. The survey was completed by Geo Digital Imaging de Mexico de C.V. (“Geo Digital”).  Based on various processing of the magnetic data, the team at Geo Digital have provided a preliminary interpretation of the data which includes identification of three families of lineaments with orientations: 1) approximately northwest-southeast, 2) approximately northeast-southwest, and 3) north-south (see attached map).  In addition, Geo Digital has prioritized … Continue reading

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