| Announcement Date: | 2022-01-18 |
|---|---|
| Announcement Type: | Exploration Update |
| Announcement Code: | NI43-101 |
| Company name: | Colibri Resource Corp. |
| Project name: | Pilar |
| Location: | Mexico |
| Commodities: | Gold,Silver |
| Highlight: | Trenching results incl. 19.8m @ 0.73g/t Au, 8g/t Ag |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Dieppe, New Brunswick–(Newsfile Corp. – January 18, 2022) – Colibri Resource Corporation (TSXV: CBI) (“Colibri” or the “Company”) is pleased to announce that its partner Tocvan Ventures Corp. (“Tocvan”) has reported four trench sample results at the Pilar Gold & Silver Project. Tocvan is currently in its 3 rd year of a 5 year agreement to earn an initial 51% of Colibri’s Pilar Gold & Silver Project located in the prolific gold producing state of Sonora in Mexico. For full details of Colibri’s agreement with Tocvan please see the Company’s news release dated September 24th, 2019. Tocvan reports A total of four trenches were completed in December, 2021 totalling 80 meters length. All four trenches intersected mineralization with two trenches yielding consistent mineralization across the entire length of the trench. T-21-2, intersected 19.5 meters of 0.61 g/t Au across the entire length of the trench in an area along the developing 4-Trench Trend. T-21-3, yielded 19.8 meters of 0.73 g/t Au and was targeted to provide key geochemical information across the Main Zone where mineralization outcrops at surface. Initial bulk-sample material from |
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