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Colibri Submits Application for Additional Drilling at the Evelyn Property
Dieppe, New Brunswick--(Newsfile Corp. - July 13, 2023) - Colibri Resource Corporation (TSXV: CBI...
About this update from Colibri Resource Corporation
[{"type":"text","content":"Colibri Submits Application for Additional Drilling at the Evelyn PropertyDieppe, New Brunswick--(Newsfile Corp. - July 13, 2023) - Colibri Resource Corporation (TSXV: CBI) (OTC Pink: CRUCF) (\"Colibri\" or the \"Company\") is pleased to report that it has submitted an application to the Mexican environmental authority (SEMARNAT) requesting permission to drill up to 2,000 metres (\"m\") at the EP Gold Project (\"EP\") on targets in the Main Zone and West El Sahuaro areas using its own RC drilling rig.Ian McGavney, COO of Colibri commented, \"Our drill plan at the Main Zone is designed to further validate our current interpretation & geological model and if successful it has the potential to double, or more, the footprint of the Main Zone. Northwest trending structures are very important at established gold mines in the Caborca Gold Belt and if they are confirmed with our Main Zone drilling it may provide the structural setting required to realize increased average grades. We are also very pleased to be drilling the West El Sahuaro target. The target consists of a large gold in soil anomaly spatially associated a northwest trending structure that was derived from mapping as well as IP resistivity interpretation. In addition, our work with the Plomo exploration data suggests that we can trace this northwest trending structure well onto the Plomo property and success with our West Sahuaro drill program could significantly expand the exploration potential at the EP project.\"About the EP Gold ProjectIllustration 1: Location of the Plomo & Evelyn properties within Caborca Gold BeltTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/4269/173397_1b2b971da46018ae_001full.jpgThe EP Gold Project is located within the Caborca Gold Belt (\"CGB\") of northwestern Sonora and is comprised of the Evelyn and the Plomo properties covering a total of 4,766 hectares (\"Ha\"). The northwest trending CGB is approximately 500 km in length and is characterized by a number of orogenic-type gold deposits, prospects, and occurrences including the > 15 million ounce La Herradura Mine, located 25 km west of EP, the > 2-million-ounce Noche Buena Mine located approximately 8 km southwest of EP, and the past producing Soledad-Dipolos Mine (> 3 Moz Au) located approximately 32 km to the northwest...