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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

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

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