| Colibri Reports Significant Assay Results on its Pitaya Property Including 20.96 g/t Au Over 2.2 Metres as Received from J.V. Partner Agnico Eagle Mining Ltd. | |
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DIEPPE, NB , Dec. 11, 2017 /CNW/ - (CBI:TSX-V) Colibri Resource Corporation (Colibri) is pleased to announce drill results for the Pitaya project, Sonora, Mexico as received from joint venture partner, Agnico Eagle Mines Limited (Agnico Eagle). Pitaya is a joint venture project with Agnico Eagle and is immediately adjacent to and on strike from Fresnillo's Tajitos discovery, in which greater than 328,000 ounces of gold have been announced. Agnico Eagle is the operator of the Pitaya Project and currently holds 66.33% of the joint venture with Colibri controlling 33.67%. Agnico Eagle has had two drills operating at Pitaya (see press release dated April; 10, 2017); a total of 7286.55 meters in 26 drill holes were drilled in the most recent campaign and assays have been received for 23 holes to Nov. 30, 2017 . Drilling is still in progress. View original content with multimedia: http://www.newswire.ca/en/releases/archive/December2017/11/c7324.html |
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Colibri Resources Corp.
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EXPLORATION STAGE |
CODE : CBI.V |
ISIN : CA1941681001 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Colibri Res. is a silver and gold exploration company based in Canada. Colibri Res. holds various exploration projects in Mexico. Its main exploration properties are COLIBRI PROPERTY and LEON PROPERTY in Mexico. Colibri Res. is listed in Canada and in United States of America. Its market capitalisation is CA$ 586 000 as of today (US$ 429 084, € 400 893). Its stock quote reached its highest recent level on March 25, 2011 at CA$ 5.40, and its lowest recent point on September 25, 2015 at CA$ 0.02. Colibri Res. has 11 720 000 shares outstanding. |