Colibri Option Partner Drills 21.7-Meters of 0.94 g/t Oxide Au Including 4.0-Meters of 4.3 g/t Au and 7 g/t Ag at Pilar

Dieppe, New Brunswick–(Newsfile Corp. – March 30, 2022) – Colibri Resource Corporation (TSXV: CBI)
(“Colibri” or the “Company”) reports that its option partner Tocvan Ventures has reported drilling results
from the Company’s Pilar Gold & Silver Project in Sonora, Mexico. Results for the first three drill holes,
totaling 513.3 meters, all completed in the Main Zone (see Figure 1) are provided in this release.

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