Dieppe, NB., October 27th, 2021 – Colibri Resource Corporation (CBI-TSXV) (“Colibri” or the “Company”) is pleased to provide an update on preparations being completed for Phase 1 of its previously announced two-Phase, up to 10,000 metres (“m”), Reverse Circulation (“RC”) drill program at the Evelyn Gold project. Current work includes geological mapping and sampling and the construction of drill access roads and drill pads. A highlight of the mapping and sampling includes an assay result from a grab sample of 24 g/t Au and 9.9 g/t Ag.