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Colibri and Tocvan Kickstart Major Drilling at Pilar
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Colibri and Tocvan Kickstart Major Drilling at Pilar

Colibri Resource (TSE:CBI) has released an update.

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Colibri Resource Corporation has announced that its partner, Tocvan Ventures, has initiated a 7,000-meter drilling campaign at the Pilar Gold & Silver Project in Sonora, Mexico. Aimed at both infill drilling and exploration, the efforts are geared towards defining a maiden resource estimate for the Main Zone. This ambitious project, targeting expansion and resource definition amid rising gold prices, marks a significant step forward for the potential near-term production site.

For further insights into TSE:CBI stock, check out TipRanks’ Stock Analysis page.

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