DIEPPE, NB, Jan. 4, 2018 /CNW/ – (CBI: TSX-V) Colibri Resource Corporation (“Colibri” or the “Company”) wishes to provide an update of its Corporate Development plans for the first quarter of 2018.
Pilar Gold Project – Advanced Gold Exploration Project
The Company has finalized its plans for a two-phase drilling program on the “Main Zone” at its 100% owned advanced exploration Pilar Gold Project in the Sonora State of Mexico. To date, Colibri has defined an in-house resource calculation on Main Zone deposit of 700,000 tonnes grading 1.9 g/t. This new program is designed to expand this resource and define it by NI 43-101 standards.