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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

Colibri Resource Corp Begins Trench Program Targeting Areas Of Known Gold Mineralization At Evelyn Gold Project In Caborca Gold Belt, Mexico

NEWS RELEASE – Dieppe, NB. September 11th, 2020. (CBI-TSXV) Colibri Resource Corporation (“Colibri” or the “Company”) is pleased to announced that the Company has received an exploration permit to create up to 2.2 km of trenches in up to 13 separate areas on  Evelyn Gold Project, located in the Caborca Gold Belt, northwestern Sonora. Recent geological mapping and prospecting on the Evelyn property has resulted in the recognition of significant gold mineralization in outcrop and sub crop as highlighted in a Colibri news release dated August 6th, 2020. The objectives of the planned trenching program are to extend mineralization at selected occurrences and to provide exposure for geological and structural … Continue reading

Colibri Receives Positive Structural Study Interpretations From Its Partner At The Pilar Gold Project

NEWS RELEASE – Dieppe, NB. August 25th, 2020. (CBI-TSXV) Colibri Resource Corporation (“Colibri” or the “Company”) is pleased to announce that it has received results of a structural analysis being carried out at the Pilar Gold Project in Sonora Mexico by its option partner Tocvan Ventures (“Tocvan” – CSE:TOC). In May 2020, Tocvan released results of a high density 3DIP & magnetics survey and subsequently retained two consulting firms to collaborate with their senior geologists for a joint evaluation and interpretation of the data; SRK Consulting (Canada) Inc. for structural analysis, and MPH Consulting Limited for geophysical analysis. Results reported by Tocvan include: 1) the interpretation of a structural corridor … Continue reading

Colibri Resource Corp Begins A High Resolution Magnetic Survey At The Evelyn Gold Project And A Mapping & Sampling Program With Its Partner At The El Mezquite Gold Project

NEWS RELEASE – Dieppe, NB. August 12th, 2020. (CBI-TSXV) Colibri Resource Corporation (“Colibri” or the “Company”) announces that in response to the recommendations from its recently received  report covering its Evelyn Gold Project located in the Caborca Gold Belt in NW Sonora Mexico the Company has contracted Geo Digital Imaging de Mexico, S.A. de C.V. to complete a property wide high resolution  magnetic survey of the property. Ron Goguen, Colibri’s President & CEO states “We are excited to be completing this survey and obtaining this data. It is anticipated that recently mapped and sampled structures will have a magnetic signature which we can follow along strike and under the cover … Continue reading

Colibri Resource Corp Receives Report On Evelyn Gold Project And Prepares Next Steps For Follow Up Drill Program

NEWS RELEASE – Dieppe, NB. August 6th, 2020. (CBI-TSXV) Colibri Resource Corporation (“Colibri” or the “Company”) announces that it has received a comprehensive report covering its Evelyn Gold Project located in the Caborca Gold Belt in NW Sonora Mexico. The Evelyn is strategically located 25km East of Mexico’s largest open pit gold mine La Herradura, and 9km north east of the Noche Buena Mine. The scope of the report covers work carried out on the project to date and includes the recent mapping and sampling program carried out by the Company in April and June 2020. Highlights from the most recent program include samples of 27.5 g/t Au, 8.4 g/t … Continue reading

Colibri Resource Concludes Current Phase Of Field Work At Evelyn And Plans Next Phase Trenching Program – Samples Up To 8.4 g/t AU

NEWS RELEASE – Dieppe, NB. July 14, 2020. (CBI-TSXV) Colibri Resource Corporation (“Colibri” or the “Company”) is pleased to announce that it has received assay results from its recently concluded geological mapping and sampling program on the Evelyn property.   Results include an assay of 8.4 grams per tonne (“g/t Au”) in the Cerro Rojo target area.  Previously released results from the Cerro Rojo include 27.5 g/t Au and 43.9 g/t Au from grab samples (see Colibri News Releases dated June 8, 2020 and March 26, 2019). The mapping and sampling program on the Evelyn property was concluded as planned approximately 3 weeks ago.  The final field work on the Evelyn … Continue reading

Colibri Resource Corp. Signs Agreement with Silver Spruce Resources – Granting an Option to Acquire 50% of its Wholly Owned Subsidiary Yaque Minerales S.A de C.V.

Colibri Resource Corporation (TSX Venture – CBI) (“Colibri” or “The Company”) is pleased to announce that it has entered into an agreement with Silver Spruce Resources Inc. (Silver Spruce) (TSX-V:SSE)  granting an option to purchase 50% of its wholly owned Mexican subsidiary Yaque Minerales S.A de C.V. (“Yaque”) which holds the El Mezquite Gold project (“the Property”), a drill-ready precious metal project in the Caborca District, 10 km northwest of the town of Tepoca, and 170 km southeast of the capital city of Hermosillo, eastern Sonora, Mexico. The El Mezquite Project is located within the west-central portion of the Sierra Madre Occidental Volcanic Complex within the prominent northwest-trending “Sonora Gold … Continue reading

Colibri Resource Indentifies Several New Areas Of Interest At Western Evelyn – Grab Samples As High As 27.5 g/t Gold

NEWS RELEASE – Dieppe, NB. June 8, 2020. (CBI-TSXV) Colibri Resource Corporation (“Colibri” or the “Company”) is pleased to announce that it has received assay results from its geological mapping and sampling program currently in-progress on the western side of the Evelyn property.  Results include a grab sample which returned a value of 27.5 grams per tonne (“g/t”) Au which consisted of a quartz veinlet box-work with oxidized pyrite and goethite. During recently completed field work aimed at following-up the high grade result, visible gold was recognized in a sample taken from the same area of mineralized sub-crop. The western side of the Evelyn property currently being mapped comprises an … Continue reading

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