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Colibri Partner Reports Batch of Drill Results from the Pilar Gold and Silver Project in Sonora - Expands Resource Potential 130m to NW
Dieppe, New Brunswick--(Newsfile Corp. - July 4, 2024) - Colibri Resource Corporation (TSXV: CBI)...
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[{"type":"text","content":"\nColibri Partner Reports Batch of Drill Results from the Pilar Gold and Silver Project in Sonora - Expands Resource Potential 130m to NWDieppe, New Brunswick--(Newsfile Corp. - July 4, 2024) - Colibri Resource Corporation (TSXV: CBI) (\"Colibri\" or the \"Company\") is pleased to report that the co-owner of its Pilar Gold & Silver Project in Sonora, Mexico, Tocvan Ventures (51% interest) has announced the results from six holes drilled in the ongoing Phase 4, RC drill program. Colibri owns a 49% interest of the Pilar Gold & Silver Project.Tocvan Pilar News Release - July 4th, 2024:Highlights:Furthest North Drillhole to Date, Blind Target on North Hill Trend Hits MineralizationExpanding Resource Potential 130-meters to the Northwest of JES-24-79 (42.7 meters of 1.0 g/t Au)350-meters North of the Main ZoneJES-24-88, 24.4 meters of 0.2 g/t Au and 4 g/t AgIncluding, 1.5 meters of 1.1 g/t Au and 25 g/t AgAnd 3.0 meters of 0.4 g/t Au and 6 g/t AgWithin 59.5-meter anomalous zone from 42.7 meters depth, averaging 0.1 g/t Au and 2 g/t AgThree holes Released, All Three Intersect MineralizationResults Pending for Eight (8) DrillholesSummer Surface Mapping, Rock and Soil Sampling Has Started Across Expansion AreaCalgary, Alberta - July 4, 2024 - Tocvan Ventures Corp. (CSE: TOC) (OTCQB: TCVNF) (FSE: TV3) (the \"Company\"), is pleased to announce drill results from its 2024 Reverse Circulation (RC) drill program at its road accessible Pilar Gold-Silver project in mine-friendly Sonora, Mexico.To date, the 2024 drill program has completed 3,268 meters across 26 drill holes. Results for eight drill holes are currently pending analysis (green squares on Figure 1).\"The latest results continue to show expansion potential remains open and untested across several developing trends,\" commented Brodie Sutherland, CEO. \"Step-out drilling has hit a blind target where no previous data was available significantly extending out mineralization another 130-meters. We are highly encouraged by these results and the significance they imply along trends that have shown recently they can yield high-grade results. It is important to recall the majority of past drilling focused primarily along the Main Zone where significant surface exposure provided well guided drill targeting. Future resource development will rely on sound geological knowledge and...