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Colibri Resource Concludes Current Phase of Field Work at Evelyn and Plans Next Phase Trenching Program - Samples up to 8.4 g/t Au
Dieppe, New Brunswick--(Newsfile Corp. - July 15, 2020) - Colibri Resource Corporation (TSXV: ...
About this update from Colibri Resource Corporation
[{"type":"text","content":"Colibri Resource Concludes Current Phase of Field Work at Evelyn and Plans Next Phase Trenching Program - Samples up to 8.4 g/t AuDieppe, New Brunswick--(Newsfile Corp. - July 15, 2020) - Colibri Resource Corporation (TSXV: CBI) (\"Colibri\" or the \"Company\") is pleased to announce that it has received assay results from its recently concluded geological mapping and sampling program on the Evelyn property. Results include an assay of 8.4 grams per tonne (\"g/t Au\") in the Cerro Rojo target area. Previously released results from the Cerro Rojo include 27.5 g/t Au and 43.9 g/t Au from grab samples (see Colibri News Releases dated June 8, 2020 and March 26, 2019).The mapping and sampling program on the Evelyn property was concluded as planned approximately 3 weeks ago. The final field work on the Evelyn Property focussed on mapping, prospecting, and sampling along projected structural trends in the southern part of the property referred to as the Cerro Rojo target area. A total of 40 grab samples, consisting of outcrop, sub-crop, and proximal float, were taken during this phase of the mapping and sampling program. Nine of the samples returned grades greater than 0.1 g/t Au which included 4 samples greater than 1 g/t Au. The high-grade samples all consist of quartz vein, veinlets, and quartz breccia with oxidized pyrite and goethite. Wulfenite has been recognized locally being associated with the higher-grade samples. The locations of the higher-grade samples are indicated on the attached map below in yellow.Sample Map - Evelyn Gold - July 2020To view an enhanced version of this image, please visit:https://orders.newsfilecorp.com/files/4269/59817_e7c5a07b94450a4e_001full.jpgIan McGavney, Chief Operating Officer for the Company commented: \"This recent work on the south eastern part of the property has extended the footprint of the Cerro Rojo target area and along with previous sampling and mapping, appears to confirm the presence of important north-south trending and northwest-southeast trending mineralized structures. Company geologists are presently finalizing geological maps, reports, and interpretations. We are currently planning a near term program of surface stripping and trenching to advance the Cerro Rojo target area through to the next stage of planned drilling\".The mapping of the western Evelyn property will be complet...