Welcome to our dedicated page for Colibri Resource news (Ticker: CRUCF), a resource for investors and traders seeking the latest updates and insights on Colibri Resource stock.
Colibri Resource Corporation reports on precious-metals exploration and corporate financing activity tied to its mineral property interests in Sonora, Mexico. The company is a Canadian junior mining issuer engaged in the acquisition, exploration, and development of precious metal properties, including its 100% interest in the EP Gold Project, a 49% joint venture interest in the Pilar Gold & Silver Project with Tocvan Ventures, and a 60% interest in claims at the Diamante Gold & Silver Project.
Recurring updates cover reverse-circulation drilling, assay results, target areas such as Plomo, San Perfecto and Banco de Oro, and exploration work in the Caborca Gold Belt. Company news also includes capital-structure actions such as debt conversions, convertible debenture units, common share purchase warrants, and reporting-status changes under semi-annual reporting rules for eligible venture issuers.
Colibri Resource (OTC:CRUCF) updated investors on its Diamante acquisition and Jackie disposition. Colibri will own 100% of Yaque Minerals and an effective 60% interest in Diamante by forgiving $80,000 of exploration expenditures to Silver Spruce, subject to TSX Venture approval.
Colibri agreed to sell its 50% Jackie interest to Silver Spruce for $25,000 in shares (166,667 shares) plus a 1% net smelter return royalty. The moves align with a strategy to focus capital and technical efforts on EP Gold, Pilar Gold & Silver, and Diamante. Common director Kevin O'Connor abstained from voting.
Colibri Resource (OTC:CRUCF)(TSXV:CBI) announced the immediate resignation of director Mark Smethurst. The company thanked him for his service.
Colibri is a junior mining company focused on precious metal properties in Sonora, Mexico, with interests in the EP, Pilar, and Diamante projects.
Colibri Resource Corporation (CRUCF) adopted the Coordinated Blanket Order 51-933 to move from quarterly reporting to semi-annual reporting (SAR), aiming to reduce administrative and financial burden and let management focus on exploration and development programs.
The company will not file interim financial statements and MD&A for periods ending March 31 and September 30, but will continue to file audited annual financial statements within 120 days of year-end and six-month interim reports and MD&A within 60 days of June 30. Colibri affirmed it will report material changes under National Instrument 51-102.
Colibri Resource (CRUCF) reported assays from a 22-hole Phase 1 RC program at the Plomo claims, EP Gold Project, Sonora, Mexico.
Highlights include 7.5 m @ 2.92 g/t Au and 30.0 m @ 0.73 g/t Au near surface; gold was intersected in 18 of 22 holes across a ~1.2 km San Perfecto corridor. Company plans follow-up drilling to test continuity and near-surface targets.
Colibri Resource Corporation (OTC: CRUCF) issued 115 convertible debenture units for gross proceeds of US$115,000, reused by two former debenture holders and described as not representing new money to the company.
Each unit contains a US$1,000 10% unsecured convertible debenture maturing Feb 9, 2028 and 5,200 warrants exercisable at C$0.25 for 24 months. Debentures convert at C$0.25 per share using a fixed FX rate of C$1.30/US$1. Interest is cash-only and the placement received TSXV consent.
Colibri Resource Corporation (TSXV: CBI) announced a revised private placement of up to 115 convertible debenture units for gross proceeds of up to US$115,000 on February 2, 2026.
Each unit includes a US$1,000 10% unsecured convertible debenture (2-year maturity) and 5,200 warrants exercisable at C$0.25 for 24 months. Debenture conversion uses a fixed FX rate of C$1.30 per US$1. Interest is cash-only, payable quarterly. The offering is expected to be subscribed by former debenture holders (not new money), is subject to TSXV consent, and securities carry a statutory four-month-and-one-day hold period.
Colibri Resource Corporation (TSXV: CBI) completed a $600,995 debt conversion into equity on January 29, 2026. The company issued 3,848,300 Units: 3,373,300 at a deemed $0.15 per Unit to debenture holders and 475,000 at $0.20 per Unit to trade creditors.
Each Unit includes one common share and one warrant; warrants are exercisable for 24 months at C$0.25 (debenture holders) or C$0.30 (trade creditors). The converted amount includes $505,995 of matured debentures and $95,000 to trade creditors. Securities are subject to a four-month-and-one-day hold and final TSX Venture Exchange acceptance.
Colibri Resource (CRUCF) completed Phase 1 reconnaissance reverse circulation drilling at the El Plomo (EP) Gold Project, Sonora, Mexico, with 22 RC holes totaling ~1,815 metres across San Perfecto and Banco de Oro targets.
Initial assays from pre-holiday holes show shallow gold mineralization in multiple holes; follow-up "shoulder" sampling and assays for post-holiday holes are pending.
Colibri Resource (CRUCF) resumed reverse circulation (RC) drilling in the Plomo area of its 100%‑owned EP Gold Project in Sonora, Mexico, continuing a first‑pass, systematic exploration program.
Prior to year‑end the company completed 11 RC holes totalling ~906 metres at San Perfecto and Banco de Oro; samples were submitted for assay in December and assays are expected to begin arriving in early February, subject to lab turnaround. Colibri plans an additional 6–10 RC holes to expand testing across priority targets in Plomo.
Colibri Resource (OTC:CRUCF) provided a drilling update from its 100%-owned EP Gold Project in the Caborca Gold Belt, Sonora, Mexico on December 17, 2025.
The company has completed 11 RC drill holes totaling ~906 metres at the San Perfecto and Banco de Oro targets and is continuing systematic drilling. Samples are being prepared for an independent lab and initial assays are expected in January, subject to turnaround times. The release highlights the project's location near multiple major operations in Sonora and notes distances to nearby Fresnillo-controlled deposits for regional context.