Colibri Resource Corp. announces that Tocvan Ventures Corp. has elected not to exercise its Right of First Refusal to purchase 49% ownership in the Pilar Gold and Silver Project held by Colibri. As per the original agreement, the two companies will now form a joint venture on a 51% Tocvan / 49% Colibri basis to advance the project. "The Pilar Gold and Silver Project has advanced significantly since we entered into the [...]
Colibri Resource Corp. is pleased to provide this update on exploration activities at the Company's flagship, the EP Gold Project, located in the Caborca Gold Belt, northwestern Sonora, which include: Airborne magnetic survey completed during January; report and maps have been received. Geological mapping and additional outcrop sampling were completed during January. Interpretation of new magnetic data within the project [...]
Colibri Resource Corp. announces that it has appointed Doug Coleman, the long-time and well-known Sonora, Mexico based mining and exploration executive to its Advisory Board. Mr. Coleman is presently the Head of Mexico for Appian Capital Advisory LLP where his role includes identifying and sourcing investment opportunities with core focus on project due diligence and executing transactions. Appian serves as an investment [...]
Colibri Resource Corp. announces that it has contracted Geo Digital Imaging de Mexico, S.A. de C.V. to complete an up to 1373.5 hectare high-definition magnetic survey covering the highest priority targets identified on the Plomo claims of its flagship EP Gold project. In addition, Company geologists are presently in the field completing an additional geological mapping and sampling study at these priority targets. Figure [...]
Colibri Resource Corp. along with its joint venture partner Silver Spruce Resources Inc. is pleased to report that an application to drill up to 1,000 metres on the Diamante Gold & Silver Project in eastern Sonora has been made to the SEMARNAT . The drill program is planned to test newly prioritized target areas and follow up on positive drill results from the 2022 drill campaign. The Companies have been advised that the [...]
Colibri Resource Corp. is very pleased to announce that its recently completed drilling program has resulted in the discovery of a promising new zone of gold mineralization on the Evelyn property at the EP gold project located in the Caborca Gold Belt, NW Sonora. The new area of mineralization has been named West Sahuaro. Drilling highlights of the West Sahuaro includes: Gold mineralization was intersected in all 6 holes [...]
Colibri Resource Corp. along with its joint venture partner Silver Spruce Resources Inc. is pleased to report the discovery of new Gold-Silver showings on the Diamante property which include assays of 3.52 g/t Au and 197 g/t Ag from outcrop grab samples in previously untested areas. Recent exploration at Diamante has been focused on Diamante II and includes property wide geological mapping, evaluation and sampling of [...]
Colibri Resource Corp. is pleased to provide shareholders and interested parties with an update on its exploration and corporate activities. "Colibri Resource Corp.'s business mandate is to identify, acquire, explore, develop and monetize precious metals projects in the state of Sonora Mexico which have historically been exploited by artisanal or small-scale hard rock miners and/or surface placer miners. It is Colibri's [...]
Colibri Resource Corp. is pleased to report that it has completed its Phase 3 drilling campaign at selected targets on its 4766 Ha EP Project in the prolific Caborca Gold Belt of Sonora Mexico. The Company's team of drillers and geologists completed 2,200 metres of drilling in 17 holes. Gold assays are pending. Targeted areas included: 1) West El Sahuaro which is a target that consists of a large gold in soil anomaly and [...]
The Board of Directors of Colibri Resource Corp. is pleased to announce the appointment of Ian McGavney as the President and Chief Executive Officer of the Company. The Company also wishes to announce the retirement of Ron Goguen Sr. from the position of President and CEO. Ron joined the Colibri Board of Directors as Co-Chairman in 2013 and was appointed President and CEO in 2017. The Board of Directors wishes to extend [...]
Further to its news release of August 4, 2023, Colibri Resource Corp. is pleased to announce that, effective August 31, 2023, it has closed a second and final tranche of its non-brokered private placement originally announced on June 30, 2023. Under this second tranche, the Company has issued 200 Units for gross proceeds of US$200,000. Combined with a first tranche of 487 Units which closed on August 1, 2023 , the Company [...]
Colibri Resource Corp. is pleased to announce that the Company has been granted an extension by the TSX Venture Exchange to complete its previously announced non-brokered private placement by September 13, 2023 . The Company is offering up to 1,000 units, each unit being comprised of: a US$1,000 principal amount of 10% unsecured convertible debenture with a maturity date of 2 years from the date of issuance; and 5,416 [...]
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