Colibri Resource Completes Phase 1 Reconnaissance Drilling at the San Perfecto / Banco de Oro Targets at the EP Gold Project, Sonora, Mexico; Initial Assays Received and Additional Sampling Underway
TMX Newsfile·2026-01-28 12:25

Core Insights - Colibri Resource Corporation has provided an update on its gold exploration drilling and assay progress at the El Plomo Gold Project in Sonora, Mexico, indicating positive developments in their exploration efforts [1][3]. El Plomo Project - Phase 1 Reconnaissance Drilling - The Phase 1 reconnaissance reverse circulation drilling program at the El Plomo Gold Project has been completed, consisting of twenty-two drill holes totaling approximately 1,815 meters [3][4]. - The drilling program aimed to evaluate near-surface gold potential and identify geological vectors for follow-up exploration, focusing on areas with favorable structural and lithological characteristics for gold mineralization [4][8]. - Initial gold assay results have been received for some drill holes, indicating gold mineralization at shallow depths across various geological settings [6][8]. - Additional targeted sampling, referred to as "shoulder sampling," has been initiated to evaluate the continuity and geometry of gold mineralization [7][8]. - A comprehensive update on drilling and assay results will be released once the analytical dataset is complete [7]. Evelyn Project - West Sahuaro Target - Historical drilling at the West Sahuaro target on the Evelyn Project confirmed gold mineralization in all six holes tested during the initial discovery drilling program [11]. - A reconnaissance reverse circulation drill hole was completed at the West Sahuaro target, designed to test for lateral continuity and extend the depth of known mineralization [12]. Quality Assurance / Quality Control - All drill samples were collected and prepared following industry-standard quality assurance and quality control procedures, submitted to an independent accredited laboratory for analysis [13].