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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

Colibri Resource Corporation Intersects 61 metres with an average grade of 0.75 g/t Au – Including 1.5 meters of 17.3 g/t Au

DIEPPE, N.B., July 16th, 2018 (CBI: TSX-V) – Colibri Resource Corporation (“Colibri” or the “Company”) wishes to announce assay results from the last seven holes and two hole extensions completed on its Phase 1 reverse circulation (RC) drilling program on its 100% owned Pilar Gold Project in Sonora, Mexico. Highlights include an intersection of 61 meters (m) of 0.75 grams per tonne (g/t) gold (Au) which includes 17.3 g/t over Au over an intersection of 1.5 m in hole JES-18-24. (all assays in program are 1.5 m in length) The objectives of the Phase 1 drill program at Pilar have been to confirm continuity within previously interpreted zones of mineralization, … Continue reading

Colibri Completes Drilling at Pilar, Receives Results of Soil Sample Program, and Receives Assay Results on Final 4 Holes on Its Pitaya Property Joinnt Venture With Agnico Eagle

DIEPPE, N.B., June 14, 2018 (CBI: TSX-V) – Colibri Resource Corporation (“Colibri” or the “Company”), wishes to announce that it has completed drilling of the final 900m of its 3,000m Phase 1 drilling program at its Pilar Gold Project in Sonora, Mexico. Samples from the final 7 drill holes and 2 drill hole extensions have been collected and delivered to ALS Chemex laboratories in Hermosillo, Mexico for assay preparation and subsequently the Atomic Absorption and Fire Assay analysis will be completed in Vancouver, Canada. Assay results will be released as they become available. Colibri has also received the results of a soil sample survey across its eastern claims at the … Continue reading

Colibri Resource Corporation Announces Second Batch Results from Drilling at Pilar Gold Project

DIEPPE, N.B., May 31st, 2018 (CBI: TSX-V) – Colibri Resource Corporation (“Colibri” or the “Company”) wishes to announce assay results from 16 more holes completed on its Phase 1 reverse circulation (RC) drilling program on its 100% owned Pilar Gold Project in Sonora, Mexico.  Results include an intersection of 5.37 grams per tonne (g/t) Au over an intersection length of 3.0 meters (m) in hole JES-18-19 which was part of a longer intersection of 40.5m of 0.73 g/t. All holes drilled in the 2018 campaign to date at Pilar have intersected gold mineralization ranging from anomalous to high grade. Hole JES-18-3, previously released (see Colibri NR dated May 8, 2018) … Continue reading

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