EP Gold Project.

• Near a major highway (HWY #2)
• Infrastructure and support services are available in city of Caborca (pop. 60,000) – 60km SE of EP
• Accommodation, electricity, internet/phone services available in Caborca
• Qualified & experienced local workforce
• Water is available nearby
• Accessible year round by maintained ranch roads
• Fresnillo owns in excess of 120k hectares in immediate area as part of a “district consolidation strategy” and is one of Mexico’s largest gold producers and the world’s largest silver producer.

MAIN ZONE TARGET:

• EVE21-027: 14m at 2.63 g/t Au
• EVE22-029: 5m at 1.39 g/t Au and 9m at 0.18 g/t Au
• EVE22-042: 86m at 0.17 g/t Au and 6m at 0.18 g/t Au
• EVE22-184: 29m at 0.47 g/t Au (including 6m at 0.97 g/t Au) and 15m at 0.18 g/t Au

WEST SAHUARO TARGET:

• EVE23-196: 26m at 0.32 g/t Au and 27m at 0.25 g/t Au (hole ended in mineralization)
• EVE23-198: 66m at 0.273 g/t Au and 25m at 0.23 g/t Au (hole ended in mineralization)
• EVE23-201: 50m at 0.18 g/t Au and 11m at .24 g/t Au

SAHUARO TARGET :

• EVE21-019 : 15m at 2.36 g/t Au and 8m at 0.11 g/t Au
• EVE22-046: 2m at 1.94 g/t Au, 5m at 0.84 g/t Au, and 11m at 0.68 g/t Au

Note: Average mining cutoff grade in area was 0.15 g/t Au in 2022 (Sub $1,800 USD per ounce)

Qualified person

Jamie Lavigne, PGeo, and a director for Colibri, is a qualified person as defined in National Instrument 43-101 and has reviewed and approved the technical information.