Business
Colibri and Partner - Core Drilling Discovers High Grade Gold Mineralization 300 metres East of Main Zone - Returning 21.6 g/t Gold and 209 g/t Silver Over 3.0 metres at the El Pilar Gold-Silver Project
Dieppe, New Brunswick--(Newsfile Corp. - March 26, 2025) - Colibri Resource Corporation (TSXV: CB...
About this update from Colibri Resource Corporation
[{"type":"text","content":"Colibri and Partner - Core Drilling Discovers High Grade Gold Mineralization 300 metres East of Main Zone - Returning 21.6 g/t Gold and 209 g/t Silver Over 3.0 metres at the El Pilar Gold-Silver ProjectDieppe, New Brunswick--(Newsfile Corp. - March 26, 2025) - Colibri Resource Corporation (TSXV: CBI) (\"Colibri\" or the \"Company\") is pleased to share the assay results from the next three holes drilled in its recent 10 hole diamond drilling program (1,167.5 metres) at the El Pilar Gold & Silver Project in Sonora Mexico. Colibri holds 49% interest of the El Pilar along side its partner Tocvan Ventures, which holds 51% ownership in this advanced stage exploration project. Tocvan is the operator of the El Pilar. The final three holes from the program will be announced in due course upon receipt of data from the operator. \"We are pleased to have discovered high grade gold and silver mineralization along the largely untested North Hill Trend, which lies approximately 300 metres away from the Main Zone Trend. The reported 3.0 metre interval of 21.6 g/t gold, 209 g/t silver, 6.71% lead, and 1.58% zinc (starting 8.3m below surface) among other notable gold and silver intervals in hole JES-25-108 provides further substantial evidence that the gold and silver mineralization at the shared El Pilar project could be expanded significantly and create even more meaningful value for our respective shareholders. We will work with our partners to further evaluate this discovery and potentially add material from this area to our planned 50,000 tonne test mine/bulk sample,\" commented, Colibri President & CEO Ian McGavney.Figure 1: Planview of Main Zone Area (modified from today's Tocvan release to highlight JV area) - today's results in red boxes.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/4269/246154_90b6415844321b50_001full.jpgFigure 2. 3D surface of the shared El Pilar (modified from today's Tocvan release to highlight JV area). Drill results announced today are in red boxes. Note: Hole JES-24-101 is located on Tocvan property and illustrates potential for continuity to border of the zone on the joint venture ground.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/4269/246154_90b6415844321b50_002full.jpgTocvan - News Release - March 26th...