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Colibri Defines a Strong Soil Anomaly Along Strike of the Main Zone at Evelyn Property
Dieppe, New Brunswick--(Newsfile Corp. - May 18, 2023) - Colibri Resource Corporation (TSXV: CBI)...
About this update from Colibri Resource Corporation
[{"type":"text","content":"Colibri Defines a Strong Soil Anomaly Along Strike of the Main Zone at Evelyn PropertyDieppe, New Brunswick--(Newsfile Corp. - May 18, 2023) - Colibri Resource Corporation (TSXV: CBI) (OTC Pink: CRUCF) (\"Colibri\" or the \"Company\") is very pleased to report the occurrence of a Soil Gas Hydrocarbon (\"SGH\") gold anomaly located south of the Main Zone on the Company's Evelyn-Plomo (\"EP\") Project located in the Caborca Gold Belt, Sonora, Mexico. Ron Goguen, President & CEO of Colibri commented, \"SGH is a soil geochemistry exploration method that has been successfully used for the detection of precious and base metal mineralization buried under glacial sediments in the Abitibi region of Quebec and Ontario. We are very pleased to have applied this method and generated such a high quality target at the Main Zone on our EP project in the Sonoran Desert. We look forward to drill testing this new target with the hopes of expanding the Main Zone and plan to continue evaluating the SGH method as a tool for future exploration on the EP project.\"Illustration 1 - SGH Gold Survey at EvelynTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/4269/166586_c172f3c034f29b05_001full.jpgMain Zone and SGH SurveyThe Main Zone mineralization occurs as a north-northeast striking and moderately easterly dipping quartz vein that is discontinuously exposed on surface over a strike length of approximately 120 m. The quartz vein pinches and swells along the strike length on surface reaching a maximum exposed thickness of approximately 1.5 m. Grab samples from surface exposures of the vein have returned assay values of 43.9 g/t Au and 40.1 g/t Au. Previous drilling has intersected similarly high-grade mineralization and includes 12.19 g/t Au over an intersection length of 3 m. Mineralization in both the hanging wall and footwall of the Main Zone vein includes multiple quartz vein intersections and low to locally moderate grade Au assay values in chlorite-sericite-carbonate-pyrite altered host rocks. Wider intersections of mineralization at the Main Zone include: 0.47 g/t Au over an intersection length of 29 m, 0.28 g/t Au over an intersection of 34.7 m (including 1 g/t Au over 5.65 m), and 0.17 g/t Au over an intersection length of 86 m (including 0.55 g/t Au over 10 m). To the south, the Main Zone is proj...