Northwire Canada EditionThursday, July 23, 2026
Northwire
PAT 0.250 +0.0% CCM 0.520 +0.0% SGN 0.250 −2.0% CNC 1.47 −0.3% PHNM 0.325 +0.0% LIO 0.150 −6.2% RIO 2.69 −3.8% KG 0.160 +3.2% GEN 0.065 +0.0% ECU 1.61 +6.6% ALTA 0.170 −2.9% CLCH 1.15 +10.6% SCOT 2.05 −2.8% VCT 0.060 +0.0% BOL 0.080 +6.7% MCM 0.300 +0.0% PAT 0.250 +0.0% CCM 0.520 +0.0% SGN 0.250 −2.0% CNC 1.47 −0.3% PHNM 0.325 +0.0% LIO 0.150 −6.2% RIO 2.69 −3.8% KG 0.160 +3.2% GEN 0.065 +0.0% ECU 1.61 +6.6% ALTA 0.170 −2.9% CLCH 1.15 +10.6% SCOT 2.05 −2.8% VCT 0.060 +0.0% BOL 0.080 +6.7% MCM 0.300 +0.0%
Drill Results

Colibri Resource Advances First-Pass Drill Program at San Perfecto and Priority Targets, EP Gold Project, Sonora, Mexico, Within a Region Hosting Projects Operated by Fresnillo plc, Agnico Eagle, Osisko Development, Minera Alamos, and Aztec Minerals

CBI · Price

Executive Summary

  • Colibri Resource Corporation has resumed reverse‑circulation (RC) drilling in the Plomo area of its 100 % owned EP Gold Project, Sonora, Mexico.
  • An initial phase completed 11 RC holes (~906 m) at the San Perfecto and Banco de Oro targets before the year‑end break; samples are now in laboratory analysis with results expected in early February.
  • The current drilling program will add an additional 6–10 RC holes to further evaluate priority targets within the Plomo area as part of a systematic, staged exploration strategy.

Key Details

  • Phase 1 Completion: 11 RC drill holes totaling ~906 m drilled at San Perfecto and Banco de Oro targets; samples submitted for assay in December 2025.
  • Laboratory Status: Samples from Phase 1 are at the lab; assay results anticipated early February 2026, subject to turnaround times.
  • Phase 2 Plan: Resume drilling with an additional 6–10 RC holes targeting San Perfecto and other priority structures within Plomo.
  • Exploration Strategy: Systematic, staged first‑pass evaluation of multiple targets across the EP Gold Project using disciplined RC drilling.
  • Quote: “This phase of work represents a disciplined continuation of our first‑pass exploration strategy at Plomo,” said Ian McGavney, President & CEO.

Notable Quotes

“Our focus remains on systematically evaluating priority targets through careful execution and data collection, while maintaining operational momentum as we await results from the initial drill program.” – Ian McGavney, President & CEO


All boilerplate, forward‑looking statements, and company background have been omitted for brevity.

Read the original news release →

More from Colibri Resource Corporation