Colibri Begins Drilling at 'Evelyn Gold Project' Dieppe, New Brunswick--(Newsfile Corp. - February 27, 2020) - Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") is pleased to announce that Major Drilling has starting drilling the maiden drill program at Colibri's Evelyn Gold Project located 60 km NW of Caborca Mexico.
The initial 5-hole diamond drilling program will focus on testing two areas recommended by Aurometallum Geology Consulting Services and Colibri geologists in late 2019 as a result of their geological, geochemical, and structural mapping study at Evelyn. The two mineralized corridors of strong initial interest have been named "Cerro Rojo" and "El Sahuaro" (See CBI news release dated: December 3(rd) , 2019). The drilling program should take approximately 3 weeks to complete with assay results to be subsequently disclosed in due course.
The "Caborca Gold Belt" hosts many gold mines and deposits including La Herradura, Mexico's largest gold mine which produced 474,168 ounces of gold in 2018 at an average grade of 0.80 g/t Au (25km west of Evelyn) and Noche Buena mine which produced 167,208 oz Au at an average grade of 0.52 g/t Au in 2018 (9km south west of Evelyn). (www.fresnilloplc.com).