Colibri Resource Corporation - Ramard Property

Project Summary Colibri Property Ramard Property Leon Property

The Ramard property is located in Sonora state, Mexico, 50 miles to the northeast of Hermosillo, and consists of 8419 hectares of claims. The project is cross cut by a paved road. Within this claim block are many old artesanal mine workings, (approximately 100) developed within skarn, breccias and associated porphyry intrusions.

Following rock sampling, "scout" drilling of skarn was conducted using a hand portable, 2-cycle gasoline powered drill manufactured in Canada known in the mineral exploration industry as a "Winkie" drill. Highlights of drilling include the following intervals. All holes were drilled at a high angle to relict bedding surfaces which are known to define the boundary of mineralized horizons (referred to as "mantos") and are believed to be close to true widths.

Table 1

Hole	UTM	Az/dip	Depth m	Interval m	Ag gpt	Cu %	Pb %	Zn %	Comments
RA-1	4476N 6160E	030/-60	0-4.88	4.88	57		0.29	6.05	Entire hole mineralized
includes			0-0.9	0.9	131	0.058	1.03	10.9
and			4.0-4.88	0.88	14		0.03	7.56	Hole ends in mineralization
BR-1	5744N 8434E	200/-70	3.81-8.86	5.05	461		9.22	8.5
includes			6.42-7.64	1.21	1235	0.11	26.24	11.5
and			7.64-8.86	1.22	162		3.08	17.9
BR-3	5660N 8353E	120/-70	9.3-11.59	2.29	780		17.9	10.9
			11.59-14.18	2.59	7		0.2	6.15	Hole ends in mineralization
BR-5	5803N 8586E	135/-70	0-3.66	3.66	73	1.3		1.57
BR-6	5431N 8541E	120/-70	0-1.53	1.53	65	0.18	0.76	11.58
			9.61-12.2	2.59	49		0.46	1.32	Hole ends in mineralization
BR-8	5406N 8564E	150/-57	0-9.61	9.61	24			1.6	Entire hole mineralized

Note: UTM is the Universal Transverse Mercator coordinates of the drill holes, Az is the hole azimuth, dip is the deviation of the drill hole from horizontal. Ag is silver concentation in grams per metric tonne, Zn, Cu and Pb are weight percent.

This "scout drilling" program demonstrates the presence of widespread disseminated Zn mineralization between 0.3 and 2% Zn, plus high grade "manto" zones containing up to a maximum of 1235 grams per tonne silver (~39 ounces per tonne silver), 26% lead, 17.9% zinc. This "manto" zone typically contains approximately 5-10% Zn, 5-10% Pb, 200-500 gpt Ag over significant intervals distributed over a large area. A zone of mineralization containing 1.36% Cu, 1.57% Zn, 73 gpt Ag was also drilled. Geological mapping shows that these skarns continue for at least 1 kilometer length, 300 meters width and a minimum thickness of 50 meters. It is likely that this skarn is larger than this and continues underneath pediment cover.

A differentiated suite of intrusives ranging from diorite porphyry through granodiorite porphyry to quartz porphyry is associated with skarn development and is mineralized. Intrusives adjacent to the La Bronca skarn are predominantly granodiorite porphyry with stockwork quartz veining, iron and copper oxide minerals and sericitic alteration. Cross cutting the granodiorite stock are one or more 20 meter wide porphyryitic microgranular granodiorite dikes carrying copper mineralization with sericite alteration locally changing to epidote-propylitic alteration. Chrysocolla and neotocite occur within the dike over approximately 200m of strike length and extending to the west beneath pediment cover.

Maps & Photos
(Click to enlarge)

Map showing location of all air percusion drill holes on the Ramard property through April, 2007		Map showing location of air percussion drill holes completed in the Verde and La Bronca Zones on the Ramard Property as of June, 2007

Geologic map of La Bronca prospect (Ramard property), showing locations of recent drill holes		Cross section through La Bronca prospect, showing recent drill holes. Bottom of mineralized skarn is not yet penetrated by drilling.

Ag Highlights from January-February, 2007 Drilling		Zn Highlights from January-February, 2007 Drilling

Pb Rock Chip		Cu Rock Chip

Ag Rock Chip		Zn Rock Chip

		Geologist Mel Herdrick and his assistant Ramon at La Bronca pits on Ramard Project