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Colibri & Partner Initiates Inagural 2,000 Metre R/C Drill Program at Diamante Project, Sonora, Mexico
Bedford, Nova Scotia--(Newsfile Corp. - June 21, 2022) - Colibri Resource Corp. (TSXV: CBI...
About this update from Colibri Resource Corporation
[{"type":"text","content":"Colibri & Partner Initiates Inagural 2,000 Metre R/C Drill Program at Diamante Project, Sonora, MexicoBedford, Nova Scotia--(Newsfile Corp. - June 21, 2022) - Colibri Resource Corp. (TSXV: CBI) (\"Colibri\" or the \"Company\"), with its partner Silver Spruce Resources Inc. (\"Silver Spruce\"), announces that they have collared the first hole of a 2,000 metre reverse circulation (\"RC\") drill program at the Companys Diamante Project. The first holes will be testing the Pillado Zone which is a Au-Ag-Pb-Zn-Cu target (Figure 1).Silver Spruce is in the second year year of a two year agreement to earn up to 50% of the Diamante Project. For additional details of the earn in agreement between Colibri and Silver Spruce please see Colibri's news release dated April 29th, 2021.Program operations at Diamante are jointly managed by Silver Spruce and Colibri. Reporting drill program planning and results including assays and QA/QC will be the responsibility of Silver Spruce. Please see Silver Spruce's news release on the start of drilling at Diamonte below dated June 21st, 2022 below. Silver Spruce Reports: (June 20th, 2022)\"We are pleased to begin our maiden exploration drilling program on several highly prospective areas of Diamante. Our first two targets, Pillado and La Prieta, exhibit multiple vein, breccia, disseminated and manto-style mineralization, locally with fault controls parallel to and intersecting high grade polymetallic, silver-gold and base metal-bearing occurrences with historical artisanal mining. Importantly, despite the number and quality of known mineralization targets, there is no recorded historical drilling on Diamante to date,\" stated Greg Davison, Silver Spruce Vice-President Exploration and Director.Figure 1. Reverse circulation drill rig collared on pad #40 north of artisanal underground workings at the Pillado drill target, first DDH on the Diamante 1 concession.To view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/4269/128451_492fd543f44a7804_001full.jpgMr. Davison added, \"TRAX equipment and personnel have conducted activities for two weeks on the Pillado and La Prieta targets, under the direction of our exploration point team, to clear access routes and prepare the requisite drill pads. Minera Drilling mobilized from Hermosillo to site on June 15th and currently...