Colibri Reports Drilling Results from the Pitaya Project as Received from J.V. Partner Agnico Eagle

http://www.newswire.ca/news-releases/colibri-reports-drilling-results-from-the-pitaya-project-as-received-from-jv-partner-agnico-eagle-626823001.html

DIEPPE, NB, June 6, 2017 /CNW/ – (CBI: TSX-V) Colibri Resource Corporation (Colibri) is pleased to announce the recent drill results for the Pitaya project, Sonora, Mexico as received from joint venture partner, Agnico Eagle Mines Limited (Agnico Eagle). Pitaya is a joint venture project with Agnico Eagle and is immediately adjacent to and on strike from Fresnillo’s Tajitos discovery, in which greater than 328,000 ounces of gold have been announced.  Agnico Eagle is the operator of the Pitaya Project and currently holds 66% of the joint venture with Colibri controlling 34%.  Agnico Eagle has had two drills operating at Pitaya (see press release dated April; 10, 2017); a total of 1543.7 meters in six drill holes were drilled in the most recent campaign. Drilling is continuing with a further 4,700 meters of drilling to be completed with a total budget of $1.3 million.

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