Colibri’s Option Partner at Pilar Gold/Silver Project to Commence Phase 2 Drilling

Dieppe, New Brunswick–(Newsfile Corp. – April 15, 2021) – Colibri Resource Corporation (TSXV: CBI) (“Colibri” or the “Company”) is pleased to announce that its option partner Tocvan Ventures (CSE: TOC) has reported that it is scheduled to begin the Phase II drilling program at the Pilar Gold-Silver Project tomorrow, April 16. Phase II will consist of two stages totalling a minimum of 4,000-meters of reverse circulation drilling. Stage one will focus on continued definition and expansion of the “Main Zone”, where during Phase I the company intersected 94.6-meters at 1.6 g/t Au including 9.2m at 10.8 g/t Au and 38 g/t Ag in drill hole JES-20-32. Stage two will test new targets across the property including the newly identified Triple Vein Zone and the 4-Trench Extension.

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