The latest announcement is out from Colibri Resource ( (TSE:CBI) ).
Colibri Resource Corporation announced significant assay results from its El Pilar Gold & Silver Project, revealing high-grade gold and silver mineralization 300 meters east of the Main Zone. The discovery, which includes a 3.0-meter interval of 21.6 g/t gold and 209 g/t silver, suggests potential for expansion and increased value for shareholders. The findings, located in the North Hill Trend, are near-surface, making them ideal for further exploration and potential early mine development.
More about Colibri Resource
Colibri Resource Corporation is involved in the mining industry, focusing on the exploration and development of gold and silver projects. The company holds a 49% interest in the El Pilar Gold & Silver Project in Sonora, Mexico, in partnership with Tocvan Ventures, which operates the project and holds a 51% stake.
YTD Price Performance: 50.0%
Average Trading Volume: 165,188
Technical Sentiment Signal: Buy
Current Market Cap: C$3.29M
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