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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
Comment by stubbson Jun 08, 1999 5:00pm
106 Views
Post# 876683

RE: Drilling on second hole

RE: Drilling on second holeJust finishing 4th hole.The answer to your question is no they wont have estimates with just 12 more holes.The news that will come out will need to be very good to generate excitement.The POG is awfull as well and obviously the whole gold market is tanking.But strong results will show promise to the property so future drilling will catch some excitement.If we dont get great results then I for one say hold on to our money and speed up the nickel play so we can shop it around(just put Ven on hold not abandon).Spending more money in Ven on just good results in todays market would be like trying to whistle in the wind. Jeff
Bullboard Posts