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Colibri Begins High-Definition Magnetic Survey and Mapping of Priority Targets at Flagship EP Gold Project in Sonora, Mexico
Dieppe, New Brunswick--(Newsfile Corp. - January 18, 2024) - Colibri Resource Corporation (TSXV: ...
About this update from Colibri Resource Corporation
[{"type":"text","content":"Colibri Begins High-Definition Magnetic Survey and Mapping of Priority Targets at Flagship EP Gold Project in Sonora, MexicoDieppe, New Brunswick--(Newsfile Corp. - January 18, 2024) - Colibri Resource Corporation (TSXV: CBI) (\"Colibri\" or the \"Company\") announces that it has contracted Geo Digital Imaging de Mexico, S.A. de C.V. to complete an up to 1373.5 hectare (Ha) 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 1 - Magnetic Survey Area at EP Gold ProjectTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/4269/194725_8e74b96d244628ff_001full.jpgIan McGavney, Colibri's President & CEO states, \"The data generated from these studies will be added to our already robust dataset at the EP Gold Project and will assist us in selecting hole locations for Colibri's inaugural drilling program at the Plomo in Q2 2024. The drill program will test several of our highest priority targets on the Plomo (San Perfecto, Pavo Real, and Banco de Oro) and also further test the West Sahuaro target area on the Evelyn claim, where the Company recently announced the discovery of a zone which exhibited the most continuous and highest grade gold mineralization intersected to date at the EP Project.\"The aerial magnetic survey of up to 1373.5 hectares will be completed by way of 312 km in 81 NS lines at 50-meter separation and 8 EW tie-lines at 500-meter separation using a DRONEmag magnetic sensor. This plan has been designed with similar specifications used in a property wide survey at Evelyn in 2020 so that both sets of data can be blended seamlessly. The survey is already underway and began on January 15th. The airborne magnetic survey is expected to take approximately 10 days to complete in the field and the subsequent report of its results and an expert interpretation is anticipated to be delivered within two weeks. About the EP Project and Next StepsThe EP Gold Project is located within the Caborca Gold Belt (\"CGB\") of northwestern Sonora and is comprised of the Evelyn and the Plomo properties covering a total of 4,766 hectares (\"Ha\"). The northwest trend...