Colibri hires TerraEye for EP targeting program

Executive Summary

• Colibri Resource Corp. has signed an agreement with TerraEye to apply satellite‑remote sensing and AI‑driven targeting across its EP gold project in Sonora, Mexico.
• The program will deliver a ranked portfolio of exploration targets, GIS‑ready data packages, and analytical reports intended to sharpen geological models and guide 2025 drill planning.
• Colibri highlights existing drilling results (e.g., 8 m @ 4.82 g/t Au, 298 g/t Au over 2.4 m) and notes that only three of ten high‑priority targets have been drill‑tested, underscoring significant upside from the new targeting effort.

Key Details

• Partnership Scope: TerraEye will provide a multisensor workflow combining multispectral & hyperspectral imagery, explainable AI anomaly detection, and artisanal mining activity detection.
• Data Integration: Satellite data will be merged with Colibri’s magnetic, gravity, and geochemical databases to produce refined exploration models.
• Deliverables:
• Ranked target portfolio with coordinates, sized polygons, and rationales (spectral/structural/geochemical evidence).
• Executive summary report plus detailed technical sections with maps and figures.
• GIS‑ready package: GeoTIFF rasters (mineral‑match scores, indices), lineament vectors, shapefiles/GeoJSON.
• Secure TerraEye platform access for interactive review and collaboration.
• Strategic Benefits: Expected to improve target prioritization, reduce discovery risk, focus ground work, and accelerate drill decision timelines (targeting 2025).
• Current Project Status – EP Gold Project:
• Fully permitted for drilling; 4,766 ha land package in the Caborca gold belt.
• To date: >13,800 m of drilling across Evelyn and Plomo zones.
• Notable intercepts:
  • 8 m @ 4.82 g/t Au
  • 15 m @ 2.36 g/t Au
  • 29 m @ 0.47 g/t Au
  • 66 m @ 0.27 g/t Au (hole EVE23‑198)
  • Banco de Oro: up to 298 g/t Au over 2.4 m, plus 12.3 g/t and 11 g/t Au intervals.
  • San Perfecto: up to 58.9 g/t Au, 47.3 g/t Au, with additional high‑grade hits (32.1, 16.65, 15.6 g/t Au).
• High‑priority target pipeline: 10 identified, only 3 drill‑tested; significant upside remains.
• Future Plans: New drilling program slated for 2025, informed by TerraEye’s targeting outputs.

Notable Quotes

• “Our agreement with TerraEye… places Colibri among a growing group of explorers adopting next‑generation remote sensing and AI tools… we expect to sharpen our geological modelling, refine drill targets and accelerate the path toward discovery.” – Ian McGavney, CEO, Colibri Resource Corp.
• “Exploration teams don’t need more layers – they need ranked, defensible targets they can act on… our goal is simple: shorten the loop from desktop insights to boots‑on‑the‑ground validation and 2025 drill decisions.” – Marek Wilgucki, CEO, TerraEye.