Colibri Resource Corp. wishes to announce that, subject to regulatory approval, it intends to proceed with a non-brokered private placement of 962,500 units at $0.08 per unit for proceeds of CAD $77,000. The units will consist of one common share and one full share purchase warrant. Each warrant entitles the investor to acquire one additional common share at $0.12 for two years from the closing of the private placement [...]
Colibri Resource Corp. is pleased to announce that the Company has signed a Letter of Intent with Silver Spruce Resources Inc. to sell a 50% interest in the Jackie Gold project located 5km to the south-southwest the town of Tepoca in Sonora, Mexico. "We are enthusiastic about the prospect of working with the Silver Spruce team on the Jackie Gold project. This is the second project that they have taken a 50% interest in [...]
Colibri Resource Corp. is pleased to announce that the Company has received an update from its option partner Tocvan Ventures on the Pilar Gold-Silver Project in Sonora, Mexico. Tocvan is in the second year of a five-year option agreement to purchase an initial 51% of the Pilar Gold-Silver Project. Tocvan is executing a comprehensive exploration program at Pilar which includes the application of geophysics, geochemistry [...]
Colibri Resource Corp. is pleased to announce that it has received the results of a high resolution magnetic survey completed at the Evelyn Gold Project located in the Caborca Gold Belt, NW Sonora, Mexico. The survey was completed by Geo Digital Imaging de Mexico de C.V. . Based on various processing of the magnetic data, the team at Geo Digital have provided a preliminary interpretation of the data which includes [...]
Colibri Resource Corp. is pleased to announced that the Company has received an exploration permit to create up to 2.2 km of trenches in up to 13 separate areas on Evelyn Gold Project, located in the Caborca Gold Belt, northwestern Sonora. Recent geological mapping and prospecting on the Evelyn property has resulted in the recognition of significant gold mineralization in outcrop and sub crop as highlighted in a Colibri [...]
Colibri Resource Corp. is pleased to announce that it has received results of a structural analysis being carried out at the Pilar Gold Project in Sonora Mexico by its option partner Tocvan Ventures . In May 2020, Tocvan released results of a high density 3DIP & magnetics survey and subsequently retained two consulting firms to collaborate with their senior geologists for a joint evaluation and interpretation of the data [...]
Colibri Resource Corp. announces that in response to the recommendations from its recently received report covering its Evelyn Gold Project located in the Caborca Gold Belt in NW Sonora Mexico the Company has contracted Geo Digital Imaging de Mexico, S.A. de C.V. to complete a property wide high resolution magnetic survey of the property. Ron Goguen, Colibri's President & CEO states, "We are excited to be completing this [...]
Colibri Resource Corp. announces that it has received a comprehensive report covering its Evelyn Gold Project located in the Caborca Gold Belt in NW Sonora Mexico. The Evelyn is strategically located 25km East of Mexico's largest open pit gold mine La Herradura, and 9km north east of the Noche Buena Mine. The scope of the report covers work carried out on the project to date and includes the recent mapping and sampling [...]
Colibri Resource Corp. is pleased to announce that it has received notice from its partner, Silver Spruce Resources that Phase 1 ground exploration program on the El Mezquite Gold Project will commence during the first week of August 2020. Silver Spruce recently signed a binding Option Agreement with Colibri to acquire 50% interest in its wholly owned Mexican subsidiary, Yaque Minerales S.A de C.V. , which holds the El [...]
Colibri Resource Corp. is pleased to announce that it has received assay results from its recently concluded geological mapping and sampling program on the Evelyn property. Results include an assay of 8.4 grams per tonne in the Cerro Rojo target area. Previously released results from the Cerro Rojo include 27.5 g/t Au and 43.9 g/t Au from grab samples . The mapping and sampling program on the Evelyn property was concluded [...]
Colibri Resource is pleased to announce that it has entered into an agreement with Silver Spruce Resources Inc. granting an option to purchase 50% of its wholly owned Mexican subsidiary Yaque Minerales S.A de C.V. which holds the El Mezquite Gold project, a drill-ready precious metal project in the Caborca District, 10 km northwest of the town of Tepoca, and 170 km southeast of the capital city of Hermosillo, eastern [...]
Colibri Resource Corp. is pleased to announce that it has received assay results from its geological mapping and sampling program currently in-progress on the western side of the Evelyn property. Results include a grab sample which returned a value of 27.5 grams per tonne Au which consisted of a quartz veinlet box-work with oxidized pyrite and goethite. During recently completed field work aimed at following-up the high [...]
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