Colibri Resource Corporation to report that its partner, Silver Spruce Resources Inc. has announced that it has received assay results from the first 10 holes completed on the Phase 1 exploration drilling at El Mezquite Au-Ag property ("El Mezquite" or the "Property"). Nine of the 10 holes reported returned assays or assay intercepts greater that 0.1 grams per tonne ("g/t") Au with a highlight of 0.83 g/t Au over 3.05 metres ("m") in hole MEZ-21-005. The Phase 1 drill program consisted of a total of 2,485 metres completed in 20 holes from eight drill pads and was completed on July 28, 2021. Silver Spruce has received and reported assay results from the first 10 holes. The results of the remaining 10 holes are pending. All samples have been submitted to the assay laboratory.