NEWS RELEASE – Dieppe, NB. December 1st, 2020. (CBI-TSXV) Colibri Resource Corporation (“Colibri” or the “Company”) is pleased to announce it has received confirmation that its option partner Tocvan Ventures (CSE:TOC) will begin a drilling program at Colibri’s Pilar Gold & Silver project this week. The drill program will consist of up to 1,500 metres (“m”) of reverse circulation (“RC”) drilling and has been planned to confirm selected historical drilling and extend mineralization in the Main Zone along strike. Tocvan anticipates that the drilling will provide important structural information to assist in planning a subsequent drill campaign to test the interpretations of deeper mineralization based on geophysical results and structural interpretation.