Colibri Resource Corporation reported the results of geological mapping and outcrop sampling at the Pavo Real target on the Plomo property, EP Gold Project, Caborca Gold Belt, northwestern Sonora. Results have confirmed and expanded the footprint of gold in tourmaline altered diorite at Pavo Real and include a high of 9.48 grams per tonne Au. Historical work at the Pavo Real target documents widespread tourmaline alteration including tourmaline in NW trending structures reported to be traced over a 600 m strike length and containing anomalous gold values including 5.82 g/t Au.

Due diligence reconnaissance field work, conducted earlier in year, confirmed the presence of tourmaline-quartz alteration (commonly forming overprinting stock work and breccia textures) and sampling confirmed the presence of Au with several grab samples greater than 1 g/t Au and a high-grade grab sample of 9.94 g/t Au. A selected area at Pavo Real, approximately ½ km x ½ km, was mapped and 90 grab samples were collected for Au analyses. Au was detected in all but 11 of the samples, 38 of the samples returned values greater than 0.1 g/t Au, 13 samples returned values greater than 1.0 g/t Au with the highest grade sample being 9.84 g/t Au.

Mineralized samples (> 0.1 g/t Au) are characterized by quartz- tourmaline breccia matrix and stockwork overprinting a quartz, sericite, tourmaline, pyrite (Fe-oxide) altered felsic host rock. The higher-grade samples also commonly include veinlets mapped as jasperoid which in thin section was determined to be a very fine grained assemblage of limonite and hematite and interpreted to possibly be derived from a primary Fe-carbonate bearing vein assemblage. The mineralized tourmaline bearing breccia and stock work samples are massive to strongly foliated where foliation consistently has a north-northwest strike and moderate northeast dip.

Northwest and northeast trending structures and associated apparent grade directional trends are evident on the Plomo property (as well as Evelyn). These structural orientations are important in the regional geological evolution and control the occurrence of major gold deposits in the Caborca Gold Belt. The Company continues to evaluate both the Evelyn and Plomo properties of the EP Gold Project with the objective of advancing prospects and prioritizing drill targets.

The Company will continue to evaluate mineralized domains at the Pavo Real target, as indicated by mapping and sampling to date, and anticipates continued exploration to include geological mapping as well as trenching with a mechanical shovel. Assays are pending from geological mapping and sampling also recently completed at the Banco de Oro and La Bonancita targets. On the Evelyn side, the Company is currently planning a RC drilling program to follow up on positive soil geochemistry results north and south of the Main Zone a well as west of El Sahuaro.