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Colibri's Option Partner Updates About Exploration Activities at Pilar Gold & Silver Project in Sonora, Mexico
Dieppe, New Brunswick--(Newsfile Corp. - December 9, 2021) - Colibri Resource Corporation (TSX...
About this update from Colibri Resource Corporation
[{"type":"text","content":"Colibri's Option Partner Updates About Exploration Activities at Pilar Gold & Silver Project in Sonora, MexicoDieppe, New Brunswick--(Newsfile Corp. - December 9, 2021) - Colibri Resource Corporation (TSXV: CBI) (\"Colibri\" or the \"Company\") is pleased to announce that further to its news release dated November 10th, 2021, partner Tocvan Ventures Corp. (\"Tocvan\") has today provided an update of the trenching program in progress at the Pilar Gold & Silver Project. Tocvan is currently in its 3rd year of a 5 year agreement to earn an initial 51% of Colibri's Pilar Gold & Silver Project located in the prolific gold producing state of Sonora in Mexico. For full details of Colibri's agreement with Tocvan please see the Company's news release dated September 24th, 2019.Tocvan reportsTrenching is currently underway with four trenches completed to date at 4-Trench, North Hill and Main Zone targets. A trench at North Hill is complete and has been channel sampled to analyze an anomalous copper zone with oxide gold-silver mineralization. A trench at 4-Trench is complete and will be used for structural analysis and future drill targeting. Two Main Zone trenches are complete and material will be used for column leach studies and detailed structural analysis. Channel sample results from trenches are expected in January 2022 followed by submittal of bulk sample material for metallurgical test work. Drilling following up on Phase II drill program targets is scheduled to begin within the next week.Trench Plan OverviewUp to Seven (7) trenches proposed for the operating season, totalling 140 meters Targets Include:Main Zone Oxide MineralizationNorth Hill Oxide and Copper Zone4-Trench Trend, structural analysis\"Trenching is well underway and we look forward to starting drilling in the next few days,\" commented Tocvan's VP Exploration, Brodie Sutherland. \"Our trench program at Pilar will assist in guiding future drill programs as well as provide bulk sampling material across our oxide targets for more advanced metallurgical test work scheduled to be completed in the New Year.\"Trench Target DetailsMain ZoneThe primary target in the Main Zone is the centre of high-grade oxide gold-silver mineralization. One 20-meter trench is planned to cut through the Main Zone where surface channel sampling has yielded 10m @ 2.5 g/t Au and 27 g/...