Colibri Resource Concludes Current Phase of Field Work at Evelyn and Plans Next Phase Trenching Program – Samples up to 8.4 g/t Au

Colibri_15072020

Dieppe, New Brunswick–(Newsfile Corp. – July 15, 2020) – Colibri Resource Corporation (TSXV: CBI) (“Colibri” or the “Company”) is pleased to announce that it has received assay results from its recently concluded geological mapping and sampling program on the Evelyn property. Results include an assay of 8.4 grams per tonne (“g/t Au”) in the Cerro Rojo target area. Previously released results from the
Cerro Rojo include 27.5 g/t Au and 43.9 g/t Au from grab samples (see Colibri News Releases dated June 8, 2020 and March 26, 2019).

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