Colibri and JV Partner Report Discovery at Grass Roots Jackie Property - Samples as High as 9.56 g/t Gold and 515 g/t Silver and Provides Exploration Update of Pilar Gold & Silver Project
Dieppe, New Brunswick--(Newsfile Corp. - May 20, 2021) - Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") is pleased to report that its joint venture partner, Silver Spruce Resources Inc. ("Silver Spruce") has announced the discovery of an area of significant exploration interest at Colibri's Jackie Gold & Silver Project located near the town of Tepoca in the Sierra Madre Occidental region of Sonora, Mexico. In addition, Colibri's option partner, Tocvan Ventures has provided updates of interest...
2021-05-20 8:58 AM EDT
Colibri Option Partner, Tocvan Ventures Corp. Reports Drilling Progress at Pilar Gold & Silver Project
Dieppe, New Brunswick--(Newsfile Corp. - May 11, 2021) - Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") is pleased to announce that its partner, Tocvan Ventures Corp. ("Tocvan") has reported its progress regarding the Phase 2 drill program at the Pilar Gold & Silver Project. Tocvan is in year two of a five-year option agreement with Colibri to earn an initial 51% ownership of the Pilar Gold-Silver Project. For full details of the agreement see Colibri's...
2021-05-11 9:33 AM EDT
Colibri Option Partner Tocvan Ventures Corp Reports Gold Recovery of 92% from Pilar and Provides Update on Drilling Progress
Dieppe, New Brunswick--(Newsfile Corp. - May 4, 2021) - Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") is pleased to announce that Tocvan Ventures Corp ("Tocvan") has reported to the Company the results of preliminary metallurgical testing from the Pilar Gold Project ("Pilar") which includes gold recoveries of 91.6% and 90.6% from two composite samples collected from drill hole JES-20-32.Hole JES-20-32, which was drilled by Tocvan in December 2020 in the central portion of the Main Zone at Pilar,...
2021-05-04 8:01 AM EDT
Colibri Announces Definitive Deal Struck with Silver Spruce at Diamante Gold & Silver Project
Dieppe, New Brunswick--(Newsfile Corp. - April 29, 2021) - Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") is pleased to announce that it has signed a definitive deal with Silver Spruce Resources (Silver Spruce) to jointly explore Colibri's recently acquired Diamante Gold & Silver Project which located in the Sierra Madre Complex near the town of Tepoca in Sonora Mexico. Silver Spruce will have an option earn up to 50% of the project.BackgroundIn late February, Colibri announced an...
2021-04-29 9:55 AM EDT
Colibri Announces Grab and Channel Samples Taken at Diamante Gold and Silver Project - Assays as High as 1.195 g/t Gold, 837 g/t Silver, and 6.87% Zinc
Dieppe, New Brunswick--(Newsfile Corp. - April 27, 2021) - Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") is very pleased announce the positive results of channel and grab samples reported yesterday by its potential partner Silver Spruce Resources (TSXV: SSE) at the Diamante 1 and Diamante 2 concessions when completing their due diligence on the Diamante Gold & Silver Project. Silver Spruce recently signed a Letter of Intent with Colibri Resource Corp. (TSXV: CBI) ("Colibri"), and its wholly-owned...
2021-04-27 11:53 AM EDT
Colibri Partner Chooses Layne de Mexico to Drill 2,000 Metres at El Mezquite Gold and Silver Project in Sonora
Dieppe, New Brunswick--(Newsfile Corp. - April 22, 2021) - Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") is very pleased announce that its partner Silver Spruce Resources has awarded the drilling contract for El Mezquite Gold & Silver Project to Layne de Mexico. Mobilization of the reverse circulation (RC) rig and geological team to the Property is planned during the first week of May. Silver Spruce reports that they intend to drill 2,000 metres in up to 14...
2021-04-22 10:55 AM EDT
Colibri and Its Partner Receive Permit to Drill El Mezquite Gold and Silver Project in Sonora
Dieppe, New Brunswick--(Newsfile Corp. - April 20, 2021) - Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") is very pleased to announce that its wholly owned Mexican subsidiary Yaque Minerales S.A de C.V. has received an Informe Preventivo, an environmental permit and a permit for drilling at its El Mezquite Gold & Silver Project from the Mexican government environmental authority (SEMARNAT).Project Background
2021-04-20 1:53 PM EDT
Colibri Uncovers Highest Au Grade Sample to Date on Evelyn Assaying 44.9 Grams per Tonne plus 21.2 Grams per Tonne Silver Among Several Other High Grade Samples
Dieppe, New Brunswick--(Newsfile Corp. - April 19, 2021) - Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") is very pleased to announce additional results from its first quarter trenching program completed at the Company's flagship Evelyn Gold Project, northwestern Sonora, Mexico. A highlight of the results is four high grade samples, including an assay of 44.9 grams per tonne ("g/t") Au from the El Sahuaro target area.Highlights of Evelyn Trench SamplesSample No.Area
2021-04-19 7:17 AM EDT
Colibri's Option Partner at Pilar Gold/Silver Project to Commence Phase 2 Drilling
Dieppe, New Brunswick--(Newsfile Corp. - April 15, 2021) - Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") is pleased to announce that its option partner Tocvan Ventures (CSE: TOC) has reported that it is scheduled to begin the Phase II drilling program at the Pilar Gold-Silver Project tomorrow, April 16. Phase II will consist of two stages totalling a minimum of 4,000-meters of reverse circulation drilling. Stage one will focus on continued definition and expansion of the "Main...
2021-04-15 7:24 AM EDT
Colibri Resource Corporation Announces Closing of Private Placement
Dieppe, New Brunswick--(Newsfile Corp. - April 12, 2021) - Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") wishes to announce that it has received regulatory approval and has closed a non-brokered private placement of 23,482,000 units at $0.10 per unit for proceeds of CAD $2,348,200.The units consist of one common share and one full share purchase warrant. Each warrant entitles the investor to acquire one additional common share at $0.15 for two years from the closing of the private...
2021-04-12 6:08 AM EDT
Colibri's Option Partner at Pilar Gold/Silver Project Samples 4.5 g/t Au and 735 g/t Ag in Channel Sample at New Triple Vein Zone - Additional Channel Sampling at 4 Trench Extension Returns 19.9 g/t Au
Dieppe, New Brunswick--(Newsfile Corp. - April 6, 2021) - Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") is pleased to announce that in a news release dated April 6th, 2021, its option partner Tocvan Ventures Corp. (CSE: TOC) has reported results from its surface exploration at Colibri's Pilar Gold-Silver Project. The aim of the program was to advance key targets with no previous mapping or detailed sampling to drill ready status for a Phase II drill program scheduled to...
2021-04-06 11:32 AM EDT
Colibri to Begin 3D Induced Polarization Survey at Its Flagship Evelyn Gold Project in the Caborca Gold Belt
Dieppe, New Brunswick--(Newsfile Corp. - April 6, 2021) - Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") is pleased to announce that it has retained Geofisica TMC, S.A. de C.V. ("TMC") to complete a 3D Induced Polarization ("IP") survey at its 100% owned flagship Evelyn Gold Project located in Sonora, Mexico. The survey is scheduled to begin during the third week of April and will consist of approximately 38-line kilometres covering an area of approximately 6 square kilometres. ...
2021-04-06 6:42 AM EDT
Colibri Announces $2.2 Million Non-Brokered Financing
Dieppe, New Brunswick--(Newsfile Corp. - March 29, 2021) - Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") is pleased to announce it will be conducting a non-brokered private placement of up to $2,200,000 CAD. The private placement will consist of the issuance of up to 22,000,000 units with each unit consisting of one common share valued at $0.10 and a warrant to purchase an additional common share at an exercise price of $0.15 per share for a period...
2021-03-29 9:12 AM EDT
Colibri Resource Corp Option Partner at El Mezquite Gold and Silver Project Files Environmental Report for Drilling Permit
Dieppe, New Brunswick--(Newsfile Corp. - March 11, 2021) - Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") is pleased to announce that its earn-in option partner Silver Spruce Resources Inc. (TSXV: SSE) has filed an Informe Preventivo with the Mexican government environmental authority, SEMARNAT, for the El Mezquite gold and silver project in preparation of a maiden drilling program at the property. The Informe Preventio is an environmental assessment report which is required in order to receive a drilling...
2021-03-11 9:11 AM EST
Colibri Resource Corp Samples up to 41.0 Grams per Tonne Gold from Recent Trenching on the Evelyn Gold Project, Northwestern Sonora
Dieppe, New Brunswick--(Newsfile Corp. - March 10, 2021) - Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") is pleased to announce that the Company has received assay results from recently completed trenching on the Evelyn Gold Project, located in the Caborca Gold Belt, northwestern Sonora. Extremely positive results have been received from the primary target areas on the property. Highlights include the results from the El Sahuaro target where a total of 12 samples returned assay values greater...
2021-03-10 3:01 AM EST
Colibri to Acquire 100% Interest in Diamante Gold and Silver Project Adjacent to El Mezquite Project - Assays up to 39.8 g/t Au and 3,160 g/t Ag
Dieppe, New Brunswick--(Newsfile Corp. - February 24, 2021) - Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") is pleased to announce that it has signed an agreement with Bimsa Minera SA de CV, a private Mexico-based mineral exploration company to acquire up to 100% of the Diamante Gold Project located in the prolific Sierra Madre Occidental of Sonora, Mexico.The highly prospective gold and silver project consists of a cumulative 1,057 hectare (ha) land package in two properties named Diamante 1...
2021-02-24 8:06 AM EST
Colibri Option Partner Resumes Surface Exploration at Pilar Gold & Silver Project in Sonora, Mexico
Dieppe, New Brunswick--(Newsfile Corp. - February 19, 2021) - Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") is pleased to announce that its option partner, Tocvan Ventures Corp. ("Tocvan") has reported that it has initiated the next phase of its exploration at the Pilar Gold & Silver Project. Work will include detailed mapping and sampling of key targets with the aim of advancing these targets to drill ready status as part a Phase II drill program planned in...
2021-02-19 10:22 AM EST
Colibri Option Partner Drills 94.6 Meters of 1.6 g/t Au, Including 9.2 Meters of 10.8 g/t Au at the Pilar Gold-Silver Project Sonora, Mexico.
Dieppe, New Brunswick--(Newsfile Corp. - February 9, 2021) - Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") is pleased to announce that its option partner, Tocvan Ventures Corp. ("Tocvan") has reported assay results from its Phase 1 drill program at Colibri's Pilar Gold-Silver Project. "We are extremely pleased to receive this good news from Tocvan. Our current business model has Colibri quickly building shareholder value by actively advancing four separate projects simultaneously in Sonora, Mexico. Colibri itself...
2021-02-09 8:44 AM EST
Colibri Option Partner to Complete LiDAR Survey on Mezquite and Jackie Properties and Provides Exploration Update
Dieppe, New Brunswick--(Newsfile Corp. - February 5, 2021) - Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") is pleased to announce that its option partner Silver Spruce Resources Inc. ("Silver Spruce") will be completing a LiDAR survey on Colibri's Mezquite and Jackie properties, Sonora, Mexico.Silver Spruce has retained Eagle Mapping Ltd., based in Abbotsford, British Columbia, to complete a high-resolution Light Detection and Ranging (LiDAR) survey on the Mezquite and Jackie properties. Silver Spruce anticipates that the survey...
2021-02-05 9:35 AM EST
Silver Spruce Initiates Field Work on Colibri's Jackie Property
Dieppe, New Brunswick--(Newsfile Corp. - January 18, 2021) - Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") is pleased to announce that Silver Spruce Resources Inc. ("Silver Spruce") has commenced its planned Phase 1 exploration program on the Jackie Property located in Sonora, Mexico, located approximately 175 kilometers east of Hermosillo, Sonora.On November 30, 2020, Colibri signed a definitive agreement with Silver Spruce whereby Silver Spruce can earn a 50% interest in the Jackie property by completing USD$100,000 in exploration...
2021-01-18 9:08 AM EST