Colibri Resource Corp. wishes to announce the results of its first drill program completed on the Evelyn Gold Property in Sonora, Mexico. All holes intersected anomalous Au mineralization including hole EVE-20-01 which intersected 0.14 grams per tonne Au over an intersection length of 21.9 metres which includes an intersection of 0.37 g/t Au over 5.05 m. The Evelyn property is located in northern Sonora, within the [...]
Colibri Resource Corp. is pleased to announce that it intends to conduct a non-brokered private placement of 8% unsecured convertible debentures for total gross proceeds of up to $300,000 at a price of $1,000 and integral multiples thereof per Convertible Debenture. The net proceeds of the Offering will be used for working capital and drilling on the Evelyn and El Mezquite projects. The Offering of the Convertible [...]
MomentumPR's client Colibri Resource Corp., is listed on the TSX Venture exchange under the symbol: CBI . Momentum PR is pleased to have produced an informative and comprehensive report on Colibri Resource Corp., available here - Momentum Report - Colibri Resource. Colibri Resource Corp. Highlights - The company currently has five promising exploration properties at various stages of exploration in the Sonora Gold Belt [...]
Colibri Resource Corp. is pleased to announce that Major Drilling has completed Phase 1 drilling at the Evelyn Gold Project located 60 km NW of Caborca Mexico. The initial 5-hole diamond drilling program measured a total of 815.6 meters in length and tested two separate mineralized corridors of initial interest named "Cerro Rojo" and "El Sahuaro". The HQ sized diamond core drilling program was completed in 15 days and the [...]
Colibri Resource Corp. is pleased to announce that Major Drilling has starting drilling the maiden drill program at Colibri's Evelyn Gold Project located 60 km NW of Caborca Mexico. The initial 5-hole diamond drilling program will focus on testing two areas recommended by Aurometallum Geology Consulting Services and Colibri geologists in late 2019 as a result of their geological, geochemical, and structural mapping study [...]
Colibri Resource Corp. is pleased to announce that it has received the required drilling permits from SEMERNAT for its maiden drilling program at its Evelyn Gold Project located 60 km NW of Caborca Mexico. Drill pad construction and other required infrastructure preparation will begin immediately and the drilling will then begin upon completion. A press release will be issued when drilling has commenced. The drilling [...]
Colibri Resource Corp. is pleased to announce that it has contracted Major Drilling for its maiden drilling program at its Evelyn Gold Project located 60 km NW of Caborca, Mexico. The Evelyn Gold Project lies in the prolific "Caborca Gold Belt" which hosts many mines and deposits including La Herradura, Mexico's largest gold mine which produced 474,168 ounces of gold in 2018 at an average grade of 0.80 g/t Au and Noche [...]
Colibri Resource Corp. is pleased to announce that it has received the rock chip sample results from Tocvan Ventures Inc. which were taken by Tocvan's geologists during a due diligence visit the Pilar gold project in November 2019. Colibri has subsequently entered into an option agreement with Tocvan regarding Pilar since that time . A total of 35 samples were sent for assay, four of which were QA-QC samples. Significant [...]
DIEPPE, NB, Dec. 3, 2019 /CNW/ - Colibri Resource Corp. is pleased to announce that it has received the sample results from its field geology study conducted by AuroMetallum Geology Consulting Services. The highest value received was from a chip sample which measured 40.1 ppm Au from a quartz vein containing boxwork, pyrite, and goethite. The team which conducted the study in October 2019 submitted a total of 100 samples [...]
Colibri Resource Corp. wishes to announce that Tocvan Ventures has completed all necessary due diligence and has finalized their option agreement dated September 22nd with Colibri. The agreement allows Tocvan to acquire 51% interest in the Pilar project located in Sonora Mexico. Under the terms of the agreement Tocvan has now advanced the first year's cash payment of $125,000 to Colibri and issued 2,000,000 common [...]
– Colibri Resource Corp. wishes to announce that it has received the results of a geological mapping study on its Evelyn gold project from Aurometallum Geological Services. The study was conducted over a 20 day period and focussed on geological structural mapping to a semi detail 1:2000 and rock sampling over areas of strong geochemical soil anomalies. A total of 93 samples we taken in chips, channel, and selective [...]
Colibri Resource Corporation wishes to announce that it has entered into a loan agreement with Agnico Eagle Mines Ltd. for proceeds of $300,000 USD . Proceeds of the loan will be primarily used for exploration activities at the Company's Evelyn and El Mezquite gold projects as well as for general working capital purposes. Loan Particulars Term: 2 years Interest: 10% compounded annually - payable at maturity Security [...]
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