Colibri Resource Corp. is pleased to report that its joint venture partner, Silver Spruce Resources Inc. 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 [...]
Colibri Resource Corp. is pleased to announce that its partner, Tocvan Ventures Corp. 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 [...]
Colibri Resource Corp. is pleased to announce that Tocvan Ventures Corp. has reported to the Company the results of preliminary metallurgical testing from the Pilar Gold Project 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 [...]
Colibri Resource Corp. is pleased to announce that it has signed a definitive deal with Silver Spruce Resources 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. Silver Spruce will have an option earn up to 50% of the project. Background In late [...]
Colibri Resource Corp. is very pleased announce the positive results of channel and grab samples reported yesterday by its potential partner Silver Spruce Resources 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. 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 rig and geological team to the Property is planned during the first week of May. Silver Spruce reports that they intend to drill [...]
Colibri Resource Corp. 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. Project Background Figure 1. Looking north east to [...]
Colibri Resource Corp. 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 Au from the El Sahuaro target area. Highlights of [...]
Colibri Resource Corp. is pleased to announce that its option partner Tocvan Ventures 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 [...]
Colibri Resource Corp. 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 [...]
Colibri Resource Corp. is pleased to announce that in a news release dated April 6th, 2021, its option partner Tocvan Ventures Corp. 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 [...]
Colibri Resource Corp. is pleased to announce that it has retained Geofisica TMC, S.A. de C.V. to complete a 3D Induced Polarization survey at its 100% owned flagship Evelyn Gold Project located in Sonora. The survey is scheduled to begin during the third week of April and will consist of approximately 38-line kilometres covering an area of [...]