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Colibri Grabs Additional High Grade Samples Including 24 g/t Gold and Reports Its Progress in Road Building and Repairs at Evelyn Gold Project
Dieppe, New Brunswick--(Newsfile Corp. - October 27, 2021) - Colibri Resource Corporation (TSX...
About this update from Colibri Resource Corporation
[{"type":"text","content":"Colibri Grabs Additional High Grade Samples Including 24 g/t Gold and Reports Its Progress in Road Building and Repairs at Evelyn Gold ProjectDieppe, New Brunswick--(Newsfile Corp. - October 27, 2021) - Colibri Resource Corporation (TSXV: CBI) (\"Colibri\" or the \"Company\") is pleased to provide an update on preparations being completed for Phase 1 of its previously announced two-Phase, up to 10,000 metres (\"m\"), Reverse Circulation (\"RC\") drill program at the Evelyn Gold project. Current work includes geological mapping and sampling and the construction of drill access roads and drill pads. A highlight of the mapping and sampling includes an assay result from a grab sample of 24 g/t Au and 9.9 g/t Ag. Field Work UpdateGeological mapping and sampling continues on the Evelyn property with the objectives of refining drill targets, following-up on Induced Polarization (\"IP\") results and interpretations, and to generally fill-in gaps in the property wide geological mapping coverage. Recent mapping has been focused on establishing the distribution of a Proterozoic metamorphic unit at El Sahuaro target area and sampling of a narrow vein has returned a value of 24 g/t Au with 9.9 g/t Ag. Other, samples of veins from the metamorphic unit at and near the contact with the Jurassic volcanic rocks include 9.84 g/t Au, 5.58 g/t Au, and 3.0 g/t Au. Previous sampling from the immediate area includes multiple high-grade samples (e.g. 44.9 g/t Au and 39.6 g/t Au) from narrow veins hosted by the metamorphic unit. Samples characterized by disseminated pyrite from the area are consistently anomalous and the Company will be evaluating this target for bulk mineable mineralization characterized by higher grade veins and veinlets within pyrite bearing lower grade host rocks. Illustration 1: Samples Map at El Sahuaro on TopographyTo view an enhanced version of Illustration 1, please visit:https://orders.newsfilecorp.com/files/4269/101016_a80c4e6d44e8aa4a_001full.jpgRoad Construction UpdateThe Company has nearly completed remediation of access roads to and within the Evelyn property. These repairs are required to support trucks carrying RC drill equipment after what has been a heavy rainy season in northern Sonora. The road work is expected to be completed within the next few days and subsequently the preparation of drill access roads and drill p...