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Pilar Gold Project – Colibri Option Partner Tocvan Ventures Releases Prelimiany Geophysical Survey Results – Several New Targets Identified

NEWS RELEASE – Dieppe, NB. May 20thth, 2020. (CBI-TSXV) Colibri Resource Corporation (“Colibri” or the “Company”) is pleased to announce that it has received preliminary geophysical survey data and interpretation from its option partner Tocvan Ventures (TOC-CSE) at the Pilar Gold Project. The results have revealed new mineralization targets, potential extensions to known mineralization zones, and the continuity of geological trends, and allows for the calibrated geophysical model to be applied on the eastern half of the property. Specifically, results indicate that the Main Zone and North Hill Zone are possibly connected in which case these would be renamed as a mineralization trend. There is the possibility of two feeder-pipe-like … Continue reading

Colibri Resource Corporation Announces Changes to its Board of Directors and sets $100,000 Private Placement

Dieppe, NB. May 15th, 2020. (CBI-TSXV) Colibri Resource Corporation (“Colibri” or the “Company”) is pleased to announce the appointment of Jamie Lavigne to its Board of Directors. Mr. Lavigne is an economic geologist with over 30 years experience covering exploration, deposit delineation, resource estimation, and mine development. Mr. Lavigne has developed expertise in gold mineralization systems through project work and consulting assignments in Mexico, SE Asia, Colombia, Peru, the western USA, and Archean terrains in eastern and northern Canada.  Mr. Lavigne has a M.Sc. in geology and is a registered Professional Geologist (P.Geo.). The corporation also announces the resignation of Paul Bartos from its Board of Directors. The Board sincerely … Continue reading

Colibri Announces Initial Results Of Its Maiden Drill Program At Evelyn And Provides Operations Update

DIEPPE, N.B., May 1st, 2020. (CBI: TSX-V) Colibri Resource Corporation (“Colibri” or the “Company”) wishes to announce the results of its first drill program completed on the Evelyn Gold Property in Sonora, Mexico.  All holes intersected anomalous Au mineralization including hole EVE-20-01 which intersected 0.14 grams per tonne (g/t) Au over an intersection length of 21.9 metres (m) which includes an intersection of 0.37 g/t Au over 5.05 m. The Evelyn property is located in northern Sonora, within the Caborca Gold Belt (“CGB”).  The CGB is hosted by the Sonora megashear, which in turn is part of the regional Mojave-Sonora megashear, which extends from southern California through Arizona and Sonora.  … Continue reading

Colibri Announces That Phase 1 Drilling Program At Evelyn Gold Project Is Complete

NEWS RELEASE – Dieppe, NB. March 16th, 2020. (CBI-TSXV) Colibri Resource Corporation (“Colibri” or the “Company”) is pleased to announce that Major Drilling has completed Phase 1 drilling at the Evelyn Gold Project located 60 km NW of Caborca Mexico. The initial 5-hole diamond drilling program measured a total of 815.6 meters in length and tested two separate mineralized corridors of initial interest named “Cerro Rojo” and “El Sahuaro”. The HQ sized diamond core drilling program was completed in 15 days and the core collected is currently being logged, split, and bagged for assay sampling at ALS Global Labs in Hermosillo. Assay results will be disclosed in due course. The … Continue reading

Colibri Announces That Maiden Drilling Has Started At Evelyn Gold Project

NEWS RELEASE – Dieppe, NB. February 27th, 2020. (CBI-TSXV) Colibri Resource Corporation (“Colibri” or the “Company”) is pleased to announce that Major Drilling has starting drilling the maiden drill program at Colibri’s Evelyn Gold Project located 60 km NW of Caborca Mexico. The initial 5-hole diamond drilling program will focus on testing two areas recommended by Aurometallum Geology Consulting Services and Colibri geologists in late 2019 as a result of their geological, geochemical, and structural mapping study at Evelyn. The two mineralized corridors of strong initial interest have been named “Cerro Rojo” and “El Sahuaro” (See CBI news release dated: December 3rd, 2019). The drilling program should take approximately 3 … Continue reading

Colibri Announces That Permits For Maiden Drill Program At Evelyn Gold Project Have Been Received

NEWS RELEASE – Dieppe, NB. February 19th, 2020. (CBI-TSXV) Colibri Resource Corporation (“Colibri” or the “Company”) is pleased to announce that it has received the required drilling permits from SEMERNAT (Mexico Secretariat of Environment and Natural Resources) for its maiden drilling program at its Evelyn Gold Project located 60 km NW of Caborca Mexico. Drill pad construction and other required infrastructure preparation will begin immediately and the drilling will then begin upon completion. A press release will be issued when drilling has commenced. The drilling program should take approximately 3 weeks to complete with assay results to be subsequently disclosed in due course. Ron Goguen, President & CEO states: “We … Continue reading

Drillers Have Been Selected For Maiden Drill Program At Evelyn Gold Project

NEWS RELEASE – Dieppe, NB. February 4th, 2020. (CBI-TSXV) Colibri Resource Corporation (“Colibri” or the “Company”) is pleased to announce that it has contracted Major Drilling for its maiden drilling program at its Evelyn Gold Project located 60 km NW of Caborca, Mexico. The Evelyn Gold Project lies in the prolific “Caborca Gold Belt” which hosts many mines and deposits including La Herradura, Mexico’s largest gold mine which produced 474,168 ounces of gold in 2018 at an average grade of 0.80 g/t Au (25km west of Evelyn) and Noche Buena mine which produced 167,208 oz Au at an average grade of 0.52 g/t Au in 2018 (9km south west of … Continue reading

Pilar Gold Project – Colibri Option Partner Tocvan Ventures Announces High Grade Mineralization At Two New Showings

NEWS RELEASE – Dieppe, NB. January 7th, 2020. (CBI-TSXV) Colibri Resource Corporation (“Colibri” or the “Company”) is pleased to announce that it has received the rock chip sample results from Tocvan Ventures Inc. (“Tocvan”) which were taken by Tocvan’s geologists during a due diligence visit the Pilar gold project in November 2019. Colibri has subsequently entered into an option agreement with Tocvan regarding Pilar since that time (See news release dated: November 26, 2019). A total of 35 samples were sent for assay, four of which were QA-QC samples. Significant results were found in 22 samples. Sample # Au g/t Ag g/t Cu % Pb % PILAR-MTS-02 0.9 14.3 0.261 … Continue reading

Colibri Resource Receives Sample Results And Interpretation From Its Evelyn Study – Drill Holes Identified For Maiden Drill Program

NEWS RELEASE – Dieppe, NB. December 3rd, 2019. (CBI-TSXV) Colibri Resource Corporation (“Colibri” or the “Company”) is pleased to announce that it has received the sample results from its field geology study conducted by AuroMetallum Geology Consulting Services. The highest value received was from a chip sample which measured 40.1 ppm Au from a quartz vein containing boxwork, pyrite, and goethite. The team which conducted the study in October 2019 submitted a total of 100 samples to the Hermosillo, Mexico office of ALS Chemex Labs. Of the 100 samples submitted, 91 samples were taken from exposed outcrop and subcrops in the areas of study, 5 samples were duplicates and another … Continue reading

Colibri Resource Corp and Tocvan Ventures Finalize Option Agreement on Pilar Gold Project

NEWS RELEASE – Dieppe, NB. November 26th, 2019. (CBI-TSXV) Colibri Resource Corporation (“Colibri” or the “Company”) wishes to announce that Tocvan Ventures has completed all necessary due diligence and has finalized their option agreement dated September 22nd with Colibri. The agreement allows Tocvan to acquire 51% interest in the Pilar project located in Sonora Mexico. Under the terms of the agreement Tocvan has now advanced the first year’s cash payment of $125,000 to Colibri and issued 2,000,000 common shares of Tocvan to Colibri. Under the terms of the agreement Tocvan must now complete $2,000,000 of exploration on the property over five years, advance Colibri an additional $275,000 over the 5-year … Continue reading

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