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Colibri To Acquire 100% Interest In Diamante Gold And Silver Project Adjacent To El Mezquite Project – Assays Up To 39.8 g/t Au And 3,160 g/t Ag

NEWS RELEASE – Dieppe, NB. February 24th, 2021. (CBI-TSXV) Colibri Resource Corporation (“Colibri” or the “Company”) is pleased to announce that it has signed an agreement with Bimsa Minera SA de CV, a private Mexico-based mineral exploration company to acquire up to 100% of the Diamante Gold Project located in the prolific Sierra Madre Occidental of Sonora, Mexico. The highly prospective gold and silver project consists of a cumulative 1,057 hectare (ha) land package in two properties named Diamante 1 and Diamante 2. Diamante 1 borders Colibri’s 180-ha El Mezquite Gold Project immediately to the west and Diamante 2, located 700 metres directly south of Diamante 1, and 1.6 kilometres … Continue reading

Colibri Option Partner Drills 94.6 Meters Of 1.6 G/T Au, Including 9.2 Meters Of 10.8 G/T Au At The Pilar Gold-Silver Project Sonora, Mexico

NEWS RELEASE – Dieppe, NB. February 9th, 2021. (CBI-TSXV) Colibri Resource Corporation (“Colibri” or the “Company”) is pleased to announce that its option partner Tocvan Ventures Corp. (“Tocvan”) has reported assay results from its Phase 1 drill program at Colibri’s Pilar Gold-Silver Project. “We are extremely pleased to receive this good news from Tocvan. Our current business model has Colibri quickly building shareholder value by actively advancing four separate projects simultaneously in Sonora, Mexico. Colibri itself is in the field and actively trenching and sampling on the highly prospective Evelyn Gold Project, Property Option partner Tocvan is making tremendous advances at the Pilar Gold & Silver Project, and Earn-In partner … Continue reading

Colibri Option Partner To Complete Lidar Survey On Mezquite And Jackie Properties And Provides Exploration Update

NEWS RELEASE – Dieppe, NB. February 5th, 2021. (CBI-TSXV) Colibri Resource Corporation (“Colibri” or the “Company”) is pleased to announce that its option partner Silver Spruce Resources Inc. (“Silver Spruce”) will be completing a LiDAR survey on Colibri’s Mezquite and Jackie properties, Sonora, Mexico. Silver Spruce has retained Eagle Mapping Ltd., based in Abbotsford, British Columbia, to complete a high-resolution Light Detection and Ranging (LiDAR) survey on the Mezquite and Jackie properties. Silver Spruce anticipates that the survey will be completed by mid-February 2021. Colour aerial photography will be orthorectified to the LiDAR base earth model with a 12 cm pixel resolution.  Digital elevation (DEM) and digital surface models (DSM) … Continue reading

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

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