Colibri Resource Corp.

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. , and its wholly-owned Mexican subsidiary, Yaque Minerales SA [...]

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 2,000 metres in up to 14 holes in the first ever drilling program to take [...]

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 principal gossan and alteration zones and El Mezquite Phase 1 drill [...]

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 Evelyn Trench Samples Sample No. Area Au g/t Ag g/t 220683 El Sahuaro 44.90 21.2 [...]

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 definition and expansion of the "Main Zone", where during Phase I the [...]

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 at $0.15 for two years from the closing of the private placement. Funds [...]

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 Phase II drill program scheduled to begin in April. A total of 207 rock chip [...]

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 approximately 6 square kilometres. It is anticipated that the survey will take one [...]

Colibri Resource Corp. 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 of two years from the closing of the private [...]

Colibri Resource Corp. is pleased to announce that its earn-in option partner Silver Spruce Resources Inc. 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 permit in [...]