Colibri Reports Extension Of IP Survey At The Evelyn Gold-Silver Project, Sonora, Mexico

NEWS RELEASE – Dieppe, NB., June 24th,2021 – Colibri Resource Corporation (CBI-TSXV) (“Colibri” or the “Company”) is pleased to report that the Induced Polarization (“IP”) Survey previously announced (April 6, 2021) for the Evelyn Gold Project has been completed.  The IP survey consisted of approximately 38-line kilometres (“km”) of 3D-IP covering the eastern half of the Evelyn Gold Project.  Based on results reported to the Company by survey operator Geofisica TMC, S.A. de C.V. (“TMC”), Colibri has elected to extend the survey to the western boundary of the property. Results include chargeability anomalies spatially associated with the El Sahuaro and Cerro Rojo target areas, a deeper and stronger chargeability anomaly spatially associated with the Main Zone, and a well defined southeast striking and southwest dipping resistivity gradient.

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