Colibri and Its Option Partner Drills 94.80 g/t Ag and 1.12 % Zn over 2.50 Metres at the Diamante Property, Sonora, Mexico
Colibri Resource (TSXV: CBI) and Silver Spruce Resources have reported drilling results from their Diamante property in Sonora, Mexico. The highlight discovery includes an intercept of 94.80 g/t Ag, 0.08 g/t Au, 2.89% Pb, and 1.12% Zn over 2.50 metres.
The 2024 drill program completed 7 diamond drill holes totaling 800m across multiple zones including El Pillado, La Prieta, and El Mezquite-Raisudo. Despite encountering difficulties with core quality and recovery, successful results were obtained at El Pillado South, where drilling targeted a large color anomaly and intersected significant mineralization.
The program faced challenges with poor core quality and recovery, particularly in mineralized zones, which detailed evaluation and interpretation of results. However, the sampling confirms the presence of mineralization consistent with visual observations.
Colibri Resource (TSXV: CBI) e Silver Spruce Resources hanno riportato i risultati di perforazione dalla loro proprietà Diamante in Sonora, Messico. La scoperta principale include un'intercettazione di 94,80 g/t Ag, 0,08 g/t Au, 2,89% Pb e 1,12% Zn su 2,50 metri.
Il programma di perforazione 2024 ha completato 7 fori diamantati per un totale di 800 metri in diverse zone tra cui El Pillado, La Prieta e El Mezquite-Raisudo. Nonostante le difficoltà incontrate con la qualità del nucleo e il recupero, sono stati ottenuti risultati positivi a El Pillado South, dove la perforazione ha mirato a una grande anomalia colorata e ha intercettato una mineralizzazione significativa.
Il programma ha affrontato sfide legate alla scarsa qualità del nucleo e al recupero, in particolare nelle zone mineralizzate, che ha richiesto una valutazione e interpretazione dettagliate dei risultati. Tuttavia, il campionamento conferma la presenza di mineralizzazione coerente con le osservazioni visive.
Colibri Resource (TSXV: CBI) y Silver Spruce Resources han reportado los resultados de perforación de su propiedad Diamante en Sonora, México. El descubrimiento destacado incluye una interceptación de 94,80 g/t Ag, 0,08 g/t Au, 2,89% Pb y 1,12% Zn sobre 2,50 metros.
El programa de perforación 2024 completó 7 pozos de perforación de diamante, totalizando 800 metros en múltiples zonas, incluyendo El Pillado, La Prieta y El Mezquite-Raisudo. A pesar de encontrar dificultades con la calidad del núcleo y el recupero, se obtuvieron resultados exitosos en El Pillado South, donde la perforación se dirigió a una gran anomalía de color e intersectó mineralización significativa.
El programa enfrentó desafíos con la mala calidad del núcleo y el recupero, particularmente en zonas mineralizadas, lo que requirió una evaluación e interpretación detallada de los resultados. Sin embargo, el muestreo confirma la presencia de mineralización consistente con las observaciones visuales.
콜리브리 리소스 (TSXV: CBI)와 실버 스프루스 리소스가 멕시코 소노라의 다이아몬트 소유지에서 시추 결과를 보고했습니다. 주요 발견 사항으로는 2.50미터에 걸쳐 94.80 g/t Ag, 0.08 g/t Au, 2.89% Pb, 및 1.12% Zn의 인터셉트가 포함됩니다.
2024년 시추 프로그램은 El Pillado, La Prieta, El Mezquite-Raisudo를 포함한 여러 구역에서 총 800m를 뚫은 다이아몬드 시추 포 7개를 완공했습니다. 코어 품질과 회수에서 어려움이 있었음에도 불구하고, El Pillado South에서 시추가 큰 색상 이상을 목표로 하고 중요한 광물화를 교차했을 때 성공적인 결과가 얻어졌습니다.
프로그램은 특히 광물화된 구역에서 불량한 코어 품질과 회수로 어려움에 직면했고, 이로 인해 결과에 대한 세밀한 평가와 해석이 필요했습니다. 하지만 샘플링 결과는 시각적 관찰과 일치하는 광물화의 존재를 확인합니다.
Colibri Resource (TSXV: CBI) et Silver Spruce Resources ont rapporté les résultats de forage de leur propriété Diamante au Sonora, Mexique. La découverte phare comprend une interception de 94,80 g/t Ag, 0,08 g/t Au, 2,89% Pb et 1,12% Zn sur 2,50 mètres.
Le programme de forage 2024 a complété 7 forages à diamant totalisant 800 mètres sur plusieurs zones, y compris El Pillado, La Prieta et El Mezquite-Raisudo. Malgré des difficultés rencontrées avec la qualité des carottes et le taux de récupération, des résultats positifs ont été obtenus à El Pillado South, où le forage a ciblé une grande anomalie de couleur et a intercepté une minéralisation significative.
Le programme a rencontré des défis en raison de la mauvaise qualité des carottes et du taux de récupération, en particulier dans les zones minéralisées, ce qui a nécessité une évaluation et une interprétation détaillées des résultats. Cependant, l'échantillonnage confirme la présence de minéralisation cohérente avec les observations visuelles.
Colibri Resource (TSXV: CBI) und Silver Spruce Resources haben die Bohrergebnisse ihrer Diamant-Liegenschaft in Sonora, Mexiko berichtet. Die hervorstechende Entdeckung umfasst ein Intervall von 94,80 g/t Ag, 0,08 g/t Au, 2,89% Pb und 1,12% Zn über 2,50 Meter.
Das Bohrprogramm 2024 umfasste 7 Diamantbohrlöcher mit insgesamt 800 Metern in mehreren Zonen, darunter El Pillado, La Prieta und El Mezquite-Raisudo. Trotz der Schwierigkeiten mit der Kernqualität und dem Ertrag wurden erfolgreiche Ergebnisse in El Pillado South erzielt, wo die Bohrungen auf eine große Farb-Anomalie abzielten und signifikante Mineralisierung schnitt.
Das Programm hatte mit schlechter Kernqualität und Ertrag zu kämpfen, insbesondere in mineralisierten Zonen, was eine detaillierte Bewertung und Interpretation der Ergebnisse erforderte. Dennoch bestätigt die Probennahme das Vorhandensein von Mineralisierung, die mit visuellen Beobachtungen übereinstimmt.
- Discovery of significant mineralization with 94.80 g/t Ag, 2.89% Pb, and 1.12% Zn over 2.50m
- Successful expansion of exploration model at El Pillado South with longer intercepts of highly anomalous mineralization
- Multiple mineralized intervals discovered at El Pillado zone
- Poor core quality and recovery in mineralized zones, limiting detailed evaluation
- Core recovery less than 40% in some areas, affecting result reliability
- Assays from La Prieta not considered representative of in-situ grades due to poor recovery
Dieppe, New Brunswick--(Newsfile Corp. - December 20, 2024) - Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") and option partner Silver Spruce Resources Inc. (TSXV: SSE) ("Silver Spruce") report drilling and assay results completed at the Diamante property, Sonora Mexico. A highlight of the drilling is the discovery of mineralization following up a resistivity survey which includes an intercept of 94.80 g/t Ag, 0.08 g/t Au,
Colibri and Silver Spruce completed 7 diamond drill holes for a total of 800 m during the 2024 drill program. Two holes were drilled at each of El Pillado and La Prieta zones to follow up on previous positive drill results. Two holes were drilled to test the results of an electrical (resistivity) survey covering part of an extensive color anomaly, approximately 600m x 350 m, located immediately south of El Pillado zone. One hole was drilled to explore El Mezquite-Raisudo target area located approximately 2.3 km south-southwest of the El Pillado. Significant assay results are contained in table 1.
Figure 1: Diamante Claims Map
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4269/234764_58575ea114950bc0_001full.jpg
Ian McGavney, President & CEO of Colibri commented: "We encountered considerable difficulties with core quality and recovery in this year's drill program at Diamante. However, we are very pleased with the result from our El Pillado South drilling which targeted a large colour anomaly extending south of the Pillado zone. Both holes drilled at El Pillado South intersected longer intercepts of highly anomalous mineralization and a higher grade intercept of 94.80 ppm Ag,
Table 1: Significant Assay Results
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4269/234764_t.jpg
AgEq is calculated using the following metal prices: US
Figure 2: El Pillado and El Pillado South drilling target areas showing drill collars, AgEq values for core intervals, resistivity survey lines and preliminary ENE-trending structure interpretation
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4269/234764_58575ea114950bc0_003full.jpg
Figure 3: El Pillado and El Pillado South drilling target areas showing colour anomaly
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4269/234764_58575ea114950bc0_004full.jpg
Figure 4: El Pillado South drilling target area showing drill collars, AgEq values for core intervals, resistivity section and preliminary ENE-trending structure interpretation
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4269/234764_58575ea114950bc0_005full.jpg
El Pillado
El Pillado has been the object of past small scale underground mining. Test pits and a decline date back to the 1800's and more recent test mining was completed at El Pillado during the 1990's. El Pillado zone is located at the northwestern end of large SE-NW trending colour anomaly measuring approximately 600 m x 350 m. Colibri and partner Silver Spruce have completed geological mapping and sampling at El Pillado and in 2022 completed 940.5 m in 9 reverse circulation ("RC") drill holes (Figure 1). Highlights of the 2022 drilling include:
- 0.18 g/t Au, 145 g/t Ag,
1.35% Zn and 1.01 % Pb over an intersection length of 12.0 m - 0.21 g/t Au, 42 g/t Ag, 2,14 % Zn, and
0.68% Pb over an intersection length of 16.5 m - 0.04 g/t Au, 6.27 g/t Ag, 0.78 % Zn, and 0.12 % Pb over an intersection length of 10.5 m
The 2024 drilling at El Pillado was planned to intersect a northeasterly trend of mineralization evident in the 2022 drilling. Both holes drilled in the 2024 program intersected multiple mineralized intervals indicated by the occurrence of fault rocks hosting vein quartz with or without galena, sphalerite, or pyrite and sericite alteration. Significant intercepts from El Pillado drilling are contained in table 1.
El Pillado South
During 2024, Colibri and Silver Spruce completed 2 lines of electrical exploration (resistivity) located approximately 125 m southeast of the historical Pillado mine workings (Figure 2). Two holes were planned to test a domain characterized by sharp, moderately north dipping (apparent), resistivity gradients (Figure 3). Both holes intersected significant lengths of anomalous mineralization, 22.5 m in hole DIA24-03 and 8.2 m in hole DIA24-04. Hole DIA24-03 included an intercept of 0.08 g/t Au, 94.80 g/t Ag, 2,89 % Pb, and 1.12 % Zn.
La Prieta
La Prieta target consists of a southwest striking, steeply northwest dipping vein and vein splay structure. Highlights of previous drilling include:
- 2.48 g/t Au and 56.7 g/t Ag over an intersection length of 9.0 metres ("m")
1.76% Zn, 38.5 g/t Ag and 0.56 g/t Au over an intersection length of 13.5 m1.61% Zn, 38.5 g/t Ag and 0.63 g/t Au over an intersection length of 10.5 m
During the 2024 program, 2 holes were drilled to test down dip and along trend to the northeast of previously intersected mineralization (Figure 4). Mineralized intervals consisting of vein quartz in altered and highly fractured andesite was intersected. However, core quality and recovery in the mineralized zones was poor and grades were anomalous.
Figure 5: La Prieta drilling target areas showing drill collars and AgEq values for core intervals
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4269/234764_58575ea114950bc0_006full.jpg
QP STATEMENTS
Difficult drilling conditions were encountered on the 2024 program at Diamante. In general, core quality, as measured by RQD, was poor. This was especially evident in mineralized or potentially mineralized intervals characterized by alteration, veining and micro veining, and oxidized and partially oxidized fractures. Similarly, core recovery in the mineralized intervals was less than
Jamie Lavigne, P. Geo and a Director for Colibri is a Qualified Person as defined in NI 43-101 and has reviewed and approved the technical information in this press release.
ABOUT THE DIAMANTE PROPERTY
The Diamante property is located within a belt of Epithermal Au-Au mineralization hosted by the Sierra Madre Occidental Volcanic Complex. Major gold mining operations in the area of the Diamante property include Alamos Golds' Los Mulatos Mine and Agnico Eagles' El India and Pinos Altos Mines. The Diamante project is located approximately 12km km northeast of Minera Alamos' Santana Au development project which is anticipated to commence commercial production within the next quarter. The Property is located approximately 170 km southeast of Sonora state capital Hermosillo and approximately 10 km northwest of the town of Tepoca. The property is accessed directly from Sonora State Highway 16.
ABOUT COLIBRI RESOURCE CORPORATION:
Colibri is a Canadian-based mineral exploration company listed on the TSX-V (CBI) and is focused on acquiring, exploring, and developing prospective gold & silver properties in Mexico. The Company holds four high potential precious metal projects: 1)
For more information about all Company projects please visit: www.colibriresource.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Notice Regarding Forward-Looking Statements:
This news release contains "forward-looking statements". Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that they will prove to be accurate.
For information contact: Ian McGavney, President, CEO and Director, Tel: (506) 383-4274, ianmcgavney@colibriresource.com.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/234764
FAQ
What are the latest drilling results from Colibri's Diamante property in Mexico?
How many drill holes were completed in Colibri's 2024 Diamante drilling program?
What challenges did Colibri face during the 2024 Diamante drilling program?
What were the results from the El Pillado South drilling at Diamante?
