• Montag, 23 Dezember 2024
  • 04:48 Uhr Frankfurt
  • 03:48 Uhr London
  • 22:48 Uhr New York
  • 22:48 Uhr Toronto
  • 19:48 Uhr Vancouver
  • 14:48 Uhr Sydney

Colibri Reports Drilling Results from the Pitaya Project as Received from J.V. Partner Agnico Eagle

06.06.2017  |  CNW

DIEPPE, NB, June 6, 2017 /CNW/ - (CBI: TSX-V) Colibri Resource Corp. (Colibri) is pleased to announce the recent drill results for the Pitaya project, Sonora, Mexico as received from joint venture partner, Agnico Eagle Mines Ltd. (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% of the joint venture with Colibri controlling 34%.  Agnico Eagle has had two drills operating at Pitaya (see press release dated April; 10, 2017); a total of 1543.7 meters in six drill holes were drilled in the most recent campaign. Drilling is continuing with a further 4,700 meters of drilling to be completed with a total budget of $1.3 million.

Highlights of results from this year's drilling are as follows:

PTY-17-001: 

5.4 m @ 0.5% Cu from 3 m



PTY-17-002: 

3.6 m @ 0.81 g/t Au from 2 m


1.1 m @ 0.78 g/t Au from 11 m


1.1 m @ 2.19 g/t Au from 24 m


3.3 m @ 0.48 g/t Au from 35 m



PTY - 17-003:

6.4 m @ 0.32 g/t Au from 25 m


1.5 m @ 0.66 g/t Au from 160 m


2.2 m @ 20.96 g/t Au, 57 g/t Ag from 182 m


1.0 m @ 0.48 g/t Au, 34 g/t Ag, 3.14% Cu from 300 m



PTY-17-004:

7.0 m @ 0.51 g/t Au from 53 m including 0.5 m @ 1.80 g/t Au from 60 m



PTY – 17-005:

No significant assays



PTY -17-006:

(Preliminary Results)


1 m @ 0.24 g/t Au from 1 m


1 m @ 2.37 g/t Au from 5 m


7 m @ 0.36 g/t Au from 11 m


1 m @ 0.28 g/t Au from 21 m


1 m @ 0.30 g/t Au from 24 m


1 m@ 0.30 g/t Au from 30 m


4 m @ 0.94 g/t Au from 37 m


0.5 m @ 0.44 g/t Au from 112 m

 

Edward Stringer, CEO of Colibri is quoted as saying, "We are most encouraged by the presence of widespread gold encountered by Agnico Eagle in the recent drilling at our Pitaya joint venture project.  We look forward to receiving additional drill results as they arrive."

Qualified Person and NI 43-101 Discloser

Jackie E. Stephens, P. Geo for Colibri on the Pitaya exploration is the Qualified Person, as defined in NI 43-101, has reviewed and approved the technical information in this press release.

About Colibri Resource Corporation:

Colibri is a Canadian mineral exploration company listed on the TSX-V (CBI) focused on acquiring and exploring properties in Mexico.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain forward looking statements concerning future operations of Colibri Resource Corp.(the "Company"). All forward looking statements concerning the company's future plans and operations, including management's assessment of the Company's project expectations or beliefs may be subject to certain assumptions, risks and uncertainties beyond the Company's control.  Investors are cautioned that any such statements are not guarantees of future performance and that actual performance,  exploration and financial results may differ materially from any estimates and projections.

SOURCE Colibri Resource Corp.



Contact
Edward Stringer, President, CEO and Director, Tel: (506) 383-4274, edstringer@colibriresource.com
Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!



Mineninfo
Colibri Resource Corp.
Bergbau
A140Z7
CA1941683080
Copyright © Minenportal.de 2006-2024 | MinenPortal.de ist eine Marke von GoldSeiten.de und Mitglied der GoldSeiten Mediengruppe
Alle Angaben ohne Gewähr! Es wird keinerlei Haftung für die Richtigkeit der Angaben und der Kurse übernommen!
Informationen zur Zeitverzögerung der Kursdaten und Börsenbedingungen. Kursdaten: Data Supplied by BSB-Software.