Colibri Reports Evelyn Property Update: 3,122 Metres of Reverse Circulation Drilling Completed and a Grab Sample from Surface Returns 27.1 Grams per Tonne Au

Dieppe, New Brunswick–(Newsfile Corp. – December 23, 2021) – Colibri Resource Corporation (TSXV: CBI) (“Colibri” or the “Company”) is pleased to report on the progress of exploration at the Evelyn Gold Project (“Evelyn”) located in the Caborca Gold Belt, northwestern Sonora. On December 18, the Company paused its Phase I drill program for the holidays at Evelyn after having competed 3,122 metres in 22 holes. Colibri also reports the results of geological mapping and outcrop sampling recently completed at Evelyn which includes a grab sample which returned an assay result of 27.10 grams per tonne (“g/t”) Au from the El Sahuaro Target area.

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