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Colibri's Option Partner at Pilar Gold/Silver Project Samples 4.5 g/t Au and 735 g/t Ag in Channel Sample at New Triple Vein Zone - Additional Channel Sampling at 4 Trench Extension Returns 19.9 g/t Au
Results from Surface Exploration Confirm Mapping, Define New Broad Target Areas at Pilar Diep...
About this update from Colibri Resource Corporation
[{"type":"text","content":"Colibri's Option Partner at Pilar Gold/Silver Project Samples 4.5 g/t Au and 735 g/t Ag in Channel Sample at New Triple Vein Zone - Additional Channel Sampling at 4 Trench Extension Returns 19.9 g/t AuResults from Surface Exploration Confirm Mapping, Define New Broad Target Areas at PilarDieppe, New Brunswick--(Newsfile Corp. - April 6, 2021) - Colibri Resource Corporation (TSXV: CBI) (\"Colibri\" or the \"Company\") is pleased to announce that in a news release dated April 6th, 2021, its option partner Tocvan Ventures Corp. (CSE: TOC) has reported results from its surface exploration at Colibri's Pilar Gold-Silver Project. The aim of the program was to advance key targets with no previous mapping or detailed sampling to drill ready status for a Phase II drill program scheduled to begin in April. A total of 207 rock chip samples were collected covering the entire property (Figure 1). Sampling at the new Triple Vein Zone target has returned anomalous values over a 400-meter strike length, highlighted by 4.5 g/t Au with 735 g/t Ag and 4.3 g/t Au with 96 g/t Ag. Sampling along the 4 Trench Extension returned anomalous values over a 600-meter trend highlighted by 19.9 g/t Au with 8 g/t Ag and 5.1 g/t Au with 142 g/t Ag. Tocvan is in year two of a five-year option agreement with Colibri to earn an initial 51% ownership of the Pilar Gold-Silver Project. For full details of the agreement, see Colibri's news release dated September 24th, 2019.Highlights from Surface Sampling:Triple Vein Zone4.5 g/t Au and 735 g/t Ag, channel sample of quartz vein in previously unmapped artisanal working 8.0 g/t Au and 8 g/t Ag, channel sample of oxidized brecciated andesite4.3 g/t Au and 96 g/t Ag, channel sample of oxidized brecciated andesite5.1 g/t Au and 24 g/t Ag, channel sample of vein in previously unmapped artisanal working2.8 g/t Au and 15 g/t Ag, channel sample of silicified brecciated andesite 3-meters thick4-Trench Extension19.9 g/t Au and 8 g/t Ag, channel sample, andesite dyke with quartz5.1 g/t Au and 142 g/t Ag, grab float sample along vein strike3.7 g/t Au and 62 g/t Ag, grab float sample along vein strike3.4 g/t Au and 28 g/t Ag, channel sample of oxidized quartz vein1.9 g/t Au and 178 g/t Ag, channel sample of oxidized quartz vein*All samples are rock channel or grab samples. Grab samples are selective and may not represent mineraliza...