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Colibri Resource Corp V.CBI

Alternate Symbol(s):  CRUCF

Colibri Resource Corporation is a Canada-based mineral exploration company. The Company is focused on acquiring and exploring prospective gold and silver properties in Mexico. Its projects include Evelyn Gold Project, El Mezquite Gold & Silver Project, Pilar Gold & Silver Project, Diamante Gold & Silver Project, Jackie Gold & Silver Project, and Plomo Gold Project. Its Evelyn Gold Project is located in the Caborca Orogenic Gold Belt and covers an area of approximately 506 hectares (ha). Its El Mezquite Gold & Silver Project is located in Sierra Madre-Yecora Area, Sonora, approximately 10 kilometers (km) northwest of Tepoca, Sonora Mexico and 175 km east-southeast from Hermosillo. This project covers an area of approximately 180 ha. Its Pilar Gold & Silver Project is located in Suaqui Grande-Sonora. It has optioned 51% of Pilar Gold & Silver Project to Tocvan Ventures. Its Diamante Gold & Silver Project covers an area of approximately 1057 ha in Sierra Madre-Yecora area.


TSXV:CBI - Post by User

Bullboard Posts
Post by stubbson Feb 21, 1999 3:10pm
113 Views
Post# 800971

re my last post

re my last postTo All: Sorry if you read my post to be negative as it was only to let all know that I don't have a read on the results do out shortly.I felt very good that they are rushing to have results out ASAP but they wouldn't indicate what they were(again this can be expected from a legitimate company).I was told by a very reliable source that their is gold,but again what sort of quantities.I feel that if results are below 1g per ton we will fall as low as .25-.30 if better then 1g-1.5g then I expect .60-.70 if 2-4g results then over a 1.00 quickly.I found out that Terry had double pneumonia so this could explain his very cold conversation to me(no pun intended).He never said anything good or bad about assays received but was still positive about the project to date but remember we have 50-70 holes to go. Therefore it is to early to give up if results are not great and we still have an asset proven on Lassalle(.40-.80 in my estimates once the dust settles). stubbs
Bullboard Posts