Colibri Resource resumes drilling at EP Gold Project, Mexico
Colibri Resource Corp. [TSXV: CBI] has resumed reverse circulation drilling in the Plomo area of its 100%-owned EP gold project in Sonora, Mexico.
The current phase of work is designed to systematically evaluate priority structures and targets identified within the Plomo area, which has seen limited historical drilling, using a disciplined, first-pass exploration approach.
Prior to the year-end break, the company completed an initial phase of drilling at the San Perfecto and Banco de Oro targets consisting of 11 RC drill holes totalling approximately 906 metres, with samples submitted for assay in December.
The resumed program continues the first-pass evaluation of the San Perfecto target while expanding testing to additional priority targets identified within the Plomo area. The company plans to complete an additional six to 10 RC drill holes as part of this phase of work.
The Plomo area hosts multiple exploration targets within the broader EP gold project and has experienced minimal historical drilling. Colibri’s continuing work at Plomo is part of a systematic, staged exploration strategy aimed at evaluating multiple targets across the area through a reverse circulation drilling program at the EP gold project.
Samples from the company’s December drilling campaign are currently at the laboratory. Based on current laboratory guidance, the company anticipates that assay results from these initial drill holes may begin to be received in early February, subject to laboratory turnaround times. Results will be reported once received, compiled and reviewed.
“This phase of work represents a disciplined continuation of our first-pass exploration strategy at Plomo,” said Ian McGavney, president and CEO. “Our focus remains on systematically evaluating priority targets through careful execution and data collection while maintaining operational momentum as we await results from the initial drill program.”
Colibri has a focus on gold exploration in Sonora, Mexico. Colibri holds a 100% interest in the EP gold project, a 49% joint venture interest in the Pilar gold and silver project, and a 60% interest in the Diamante project.