Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Kevin O’Connor was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Jan 17
Colibri Resource Corporation Advances First-Pass Drill Program At San Perfecto and Priority Targets, Ep Gold Project, Sonora, Mexico Colibri Resource Corporation announced that it has resumed reverse circulation drilling in the Plomo area of its 100%-owned EP Gold Project in Sonora, Mexico. The current phase of work is designed to systematically evaluate priority structures and targets identified within the Plomo area, which has seen limited historical drilling, using a disciplined, first-pass exploration approach. Prior to the year-end break, the Company completed an initial phase of drilling at the San Perfecto and Banco de Oro targets consisting of eleven (11) RC drill holes totaling approximately 906 metres, with samples submitted for assay in December. The resumed program continues the first-pass evaluation of the San Perfecto target, while expanding testing to additional priority targets identified within the plomo area. The Company plans to complete an additional six (6) to ten (10) RC drill holes as part of this phase of work. The Plomo area hosts multiple exploration targets within the broader EP Gold Project and has experienced minimal historical drilling. Colibri's ongoing work at Plomo is part of a systematic, staged exploration strategy aimed at evaluating multiple targets across the area through a reverse circulation (RC) drilling program at the EP Gold Project. Samples from the Company's December drilling campaign are currently at the laboratory. Based on current laboratory guidance, the Company anticipates that assay results from these initial drill holes may begin to be received in early February, subject to laboratory turnaround times. Results will be reported once received, compiled, and reviewed. Duyuru • Apr 17
Colibri and Partner - Expands Main Zone by 70 Metres - Returning 7.2 G/T Gold and 80 G/T Silver over 2.6 Meters Within 46.9 Meters of 0.5 G/T Gold At the El Pilar Gold-Silver Project Colibri Resource Corporation share the assay results from the last three holes drilled in its recent 10-hole diamond drilling program (1,167.5 metres) at the advanced exploration stage project El Pilar Gold & Silver Project in Sonora Mexico. Colibri holds a 49% interest in the El Pilar along side its 51% partner Tocvan Ventures, which was the operator of this recent drill program. Colibri is relying on the accuracy of Tocvan's news release dated April 16th, 2025. Highlights: Step-out Drilling 70 meters South, Extends Main Zone. Tocvan Ventures Corp. announced the remaining results from core drilling at the Gran Pilar Gold Silver Project in mine-friendly Sonora, Mexico. Ten core drillholes totaling 1,167.5 meters were completed earlier this year within the majority owned (51%) Main Zone held in partnership with Colibri Resource Corp. Today's results are highlighted by 7.2 g/t Au and 80 g/t Ag over 2.6 meters, within a mineralized zone that averages 0.5 g/t Au over 46.9 meters starting from 54.5 meters downhole (drillhole JES-25-112). Drill hole JES-25-112 is located 70 meters south of past drill hole JES-22-62, which returned 108.9 meters of 0.8 g/t Au. Summary of Drill Results from 2025 Core Program. All intervals reported are drilled widths. Bulk Sample Only Included Coarse Fraction of Material (+3/4" to +1/8") Fine Fraction (-1/8") Indicates Rapid Recovery with Agitated Leach. Agitated Bottle Roll Test Returned Rapid and High Recovery Results: 80% Recovery of Gold and 94% Recovery of Silver after Rapid 24-hour Retention Time. Additional Metallurgical Studies: Gravity Recovery with Agitated Leach Results of Five Composite Samples Returned. 95 to 99% Recovery of Gold 73 to 97% Recovery of Silver. Includes the Recovery of 99% Au and 73% Ag from Drill Core Composite at 120-meter depth. Based on management's strong belief in the project's potential, the Company is outlining a permitting and operations strategy for a pilot facility at Pilar. Control samples comprising certified reference samples and blank samples were systematically inserted into the sample stream and analyzed as part of the Company's robust quality assurance /quality control protocol. Brodie A. Sutherland, CEO for Tocvan Ventures Corp. and a qualified person ("QP") as defined by Canadian National Instrument 43-101, has reviewed and approved the technical information contained in this release. Duyuru • Apr 16
Colibri Resource Corporation, Annual General Meeting, Jun 13, 2025 Colibri Resource Corporation, Annual General Meeting, Jun 13, 2025. Location: new brunswick, dieppe Canada Duyuru • Mar 27
Colibri Resource Corporation announced that it has received CAD 0.2869 million in funding On March 26, 2025. it has closed the transaction. it has issued 5,860,000 units at a price of CAD 0.025 per unit for gross proceeds of CAD 146,500. In total, the Company has issued 11,476,000 Common Shares and 11,476,000 Warrants under the Offering for gross proceeds of CAD 286,900. In connection with the second tranche, the Company paid an eligible arm's length party a cash fee in the amount of CAD 500 and issued 20,000 finder's warrants. Three insiders, two officers and a director of the company participated in the offering for an aggregate amount of CAD 82,475 for 3,299,000 units. Duyuru • Dec 20
Silver Spruce Resources Inc. and Partner Colibri Resource Corp. Complete 2024 Drilling Program on Four Polymetallic Targets At Diamante Au-Ag Project, Sonora, Mexico Silver Spruce Resources Inc. along with partner Colibri Resource Corp. jointly announce the completion of core drilling operations at four polymetallic targets during second drilling program at the Diamante project. The 7-hole, 800-metre program tested extensions to two 2022 drilling sections and two new priority target areas resulting from the 2022 through 2024 exploration programs. The drill-ready 1,057-ha Diamante gold-silver (Au-Ag) property is located 8 km northwest of the town of Tepoca, and 160 km southeast of the capital city of Hermosillo, eastern Sonora, Mexico. Diamante offers strong precious metal tenor with a polymetallic endowment, multiple quality targets, styles of mineralization, limited artisanal mining and small-scale production, of particular significance for exploration moving forward, only one phase of reverse circulation drilling prior to the Companies' 2024 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 located immediately south of El Pillado zone. The 2022 exploration plans included a 2,000 metre reverse circulation drill program on Diamante 1 and 2 to evaluate four to seven of the principal targets exhibiting high grades of polymetallic Au-Ag-Pb-Zn-Cu mineralization with coincident alteration, shearing and veining. Drilling at both targets intersected highly anomalous base metals in highlighted drill assay intervals. Through the fall of 2023, Colibri and Silver Spruce completed a program of geological mapping, rock sampling and stream sediment sampling on Diamante resulting in the discovery of two new surface showings. The prioritization of targets and drill plan for the 2024 program at Diamante was based on this work combined with comprehensive compilation and interpretation of historical exploration information. In-house quality control samples were inserted into the sample set by the Project Geologist. 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. New Risk • Oct 07
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 7.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (31% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (€3.49m market cap, or US$3.83m). Minor Risk Shareholders have been diluted in the past year (7.5% increase in shares outstanding). 