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Colibri to Begin 3D Induced Polarization Survey at Its Flagship Evelyn Gold Project in the Caborca Gold Belt
Dieppe, New Brunswick--(Newsfile Corp. - April 6, 2021) -  Colibri Resource Corporation (...
About this update from Colibri Resource Corporation
[{"type":"text","content":"Colibri to Begin 3D Induced Polarization Survey at Its Flagship Evelyn Gold Project in the Caborca Gold BeltDieppe, New Brunswick--(Newsfile Corp. - April 6, 2021) -  Colibri Resource Corporation (TSXV: CBI) (\"Colibri\" or the \"Company\") is pleased to announce that it has retained Geofisica TMC, S.A. de C.V. (\"TMC\") to complete a 3D Induced Polarization (\"IP\") survey at its 100% owned flagship Evelyn Gold Project located in Sonora, Mexico. The survey is scheduled to begin during the third week of April and will consist of approximately 38-line kilometres covering an area of approximately 6 square kilometres. It is anticipated that the survey will take one month to complete. The survey will focus on the El Sahuaro and Cerro Rojo target areas which are defined by historical and recently collected high grade grab samples of outcrop and subcrop.Colibri acquired the Evelyn property in 2011 and through 2013 completed a property wide soil geochemistry survey, outcrop sampling, and geological/structural mapping programs. A highlight of this phase of exploration was sampling at the previously mined Main Zone which included a grab sample which returned a grade of 27.11 grams per tonne (\"g/t\") Au. Since early 2019, the Company has been continuously exploring the Evelyn property, initially focussed on follow-up of the 2012- 2013 soil survey results. The Company has competed a drone magnetic survey, geological mapping and prospecting programs, outcrop and subcrop sampling, and trenching programs. This recent phase of exploration has resulted in the expansion of mineralization in the area of the Main Zone, now referred to as the Cerro Rojo target area, and the discovery of bedrock mineralization in El Sahuaro and West Evelyn target areas. IP SurveyThe IP survey will be completed over the eastern half of the property covering the Cerro Rojo and El Sahuaro target areas and spanning the intervening area which is characterized by a thick accumulation of alluvium. TMC is based in Hermosillo, Sonora and is highly experienced in ground geophysical surveys in the Sonoran Desert having operated in the area for over 15 years. As part of the survey QAQC being implemented by Colibri and TMC, and to monitor results for the purposes of on-the-fly survey modifications, data generated by TMC will be evaluated daily TMCs geophysicist in collabor...