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Colibri Resource Corporation, Currently Exploring for Gold in Mexico, Subject of Special Report by eResearch - Video Available on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - March 27, 2018) - Colibri Resource Corporation ...
About this update from Colibri Resource Corporation
[{"type":"text","content":"Colibri Resource Corporation, Currently Exploring for Gold in Mexico, Subject of Special Report by eResearch - Video Available on Investmentpitch.comVancouver, British Columbia--(Newsfile Corp. - March 27, 2018) - Colibri Resource Corporation (TSXV: CBI), is the subject of a Company Perspective report by Toronto-based eResearch Corporation.Colibri Resource Corporation was formed to explore historical mining sites in Mexico, where modern exploration systems and techniques have greatly increased the financial viability of historic or abandoned mining properties.InvestmentPitch.com has produced a \"video\" which discusses this news. If this link is not enabled, please visit www.InvestmentPitch.com and enter \"Colibri\" in the search box. Cannot view this video? Visit:http://www.investmentpitch.com/video/0_x3hpzqwq/Colibri-Resource-TSXVCBI-Company-Perspective-report-by-Toronto-based-eResearch-CorporationThe company's strategy is to acquire mining properties that have already had previous mining activity, rather than to seek \"green field\" properties that have never been explored, a tactic that enhances the potential for success and is inherently less costly.The company has focused its activities solely in the State of Sonora, where it is involved in 3 gold projects.•   the flagship Pilar Gold Property (100% owned); •   the early-stage Evelyn Gold Property (100% owned); and •   the Pitaya Property, which is a joint venture with Agnico Eagle Mines Sonora is Mexico's leading producer of gold, copper, and molybdenum and the country's fourth most important producer of silver. The Company has an active program for 2018 that includes increased exploration activity on both Pilar and Evelyn, while its joint-venture partner is targeting increased drilling on Pitaya. Pilar is the Company's main focus and the goal is to drill at least 10,000 metres in an effort to reach an in-house estimate of at least 120,000 ounces of gold and be in a position to convert it into a compliant Mineral Resource Estimate. The recently announced Phase 1 drilling program, which calls for up to 30 holes to be drilled, is designed to confirm modelling and extend the known mineralization of the Main Zone to the north-west and south-east along trend.The company acquired the 506 hectare Evelyn claim, 150 ...