Colibri Resource Corp. is pleased to report that its option partner Tocvan Ventures has released results from the leaching process of its bulk sample of material at the Pilar Gold and Silver Project at the Pilar Project in Sonora, Mexico. Tocvan is in year 4 of a 5-year agreement to earn an initial 51% of Colibri's Pilar Gold & Silver Project. For full details of Colibri's agreement with Tocvan please see the Company's [...]
Colibri Resource Corp. is pleased to report that it has received permission from the Mexican environmental authority to drill up to 2,000 metres on the Evelyn Property at the EP Gold Project on targets in the Main Zone and West El Sahuaro areas. Mobilization of Colibri's RC drill rig took place over the past weekend and is scheduled to begin work today. Main Zone Drill Plan and Description The drill plan for the Main Zone [...]
Colibri Resource Corp. is pleased to announce that, further to its news release of June 30, 2023, it has closed the first tranche of its previously announced non-brokered private placement of units . The aggregate gross proceeds for the Units issued in the first tranche totals US$487,000. The Company anticipates completing a second tranche of the Offering within the next few weeks. Each Unit is comprised of: US$1,000 [...]
Colibri Resource Corp. along with its partner Silver Spruce Resources Inc. is pleased to announce the resumption of field work at the Diamante property located in south eastern Sonora within the Sierra Madre belt of epithermal gold-silver deposits. The exploration crew has been dispatched to the property and will be completing geological mapping and sampling over the next 6 to 8 week period. Geological mapping will [...]
Colibri Resource Corp. is pleased to report that it has submitted an application to the Mexican environmental authority requesting permission to drill up to 2,000 metres at the EP Gold Project on targets in the Main Zone and West El Sahuaro areas using its own RC drilling rig. Ian McGavney, COO of Colibri commented, "Our drill plan at the Main Zone is designed to further validate our current interpretation & geological [...]
Colibri Resource Corp. announces that all matters submitted to shareholders for approval, as set out in the Company's "Notice and Management Proxy Circular" dated June 6th, 2023 , were approved by the requisite majority of votes cast at its Annual General and Special Meeting held on July 7th, 2023, including resolutions: Electing Ronald Goguen Sr., Jamie Lavigne, Kevin O'Connor, William MacDonald, Camilla Cormier, and Ian [...]
Colibri Resource Corp. is pleased to report that its option partner Tocvan Ventures has released that it has concluded the leaching process of bulk sample material at the Pilar Gold and Silver Project at the Pilar Project in Sonora, Mexico. Tocvan is in year 4 of a 5-year agreement to earn an initial 51% of Colibri's Pilar Gold & Silver Project. For full details of Colibri's agreement with Tocvan please see the Company's [...]
Colibri Resource Corp. is pleased to announce that it intends to conduct a non-brokered private placement of up to 1,000 units for gross proceeds of up to US$1,000,000, each Unit consisting of one US$1,000 principal amount 10% unsecured convertible debenture and 5,416 common share purchase warrants . Each Warrant will entitle the holder to acquire one common share of the Corporation at a price of C$0.12 per Common Share [...]
Colibri Resource Corp. is pleased to report the results of recent geological mapping and outcrop sampling completed at the Banco de Oro and Bonancita targets on the Plomo property, EP Gold Project, Caborca Gold Belt, Sonora. Ron Goguen, President & CEO of Colibri commented, "Our compilation and interpretation of exploration data covering our "EP" project, consisting of our Evelyn property and the newly acquired Plomo [...]
Colibri Resource Corp. is very pleased to report the results of geological mapping and outcrop sampling at the Pavo Real target on the Plomo property, EP Gold Project, Caborca Gold Belt , northwestern Sonora. Results have confirmed and expanded the footprint of gold in tourmaline altered diorite at Pavo Real and include a high of 9.48 grams per tonne Au. Ron Goguen, President & CEO of Colibri commented, "We are very [...]
Colibri Resource Corp. is pleased to report that its option partner Tocvan Ventures has additional results from its ongoing bulk sample testing at the Pilar Gold and Silver Project at the Pilar Project in Sonora, Mexico. Tocvan is in year 4 of a 5-year agreement to earn an initial 51% of Colibri's Pilar Gold & Silver Project. For full details of Colibri's agreement with Tocvan please see the Company's news release dated [...]
Colibri Resource Corp. is pleased to report that it has been informed by its joint venture partner Agnico Eagle Mining that the Pitaya Gold Project located in the Caborca Gold Belt has been sold to a third party. Colibri signed an agreement with Agnico Eagle Mining in 2019 whereby it agreed to sell its proportional 23% interest in the non-core project to Agnico or another buyer for a minimum of $500,000 USD. In 2020 [...]