3 Gold Properties in Mexico
Ron Goguen, Chairman & CEO of Colibri Resource Corp. talks about their advanced property in Sonora which has had six phases of drilling.
“Colibri Resource is a gold exploration company, we have three gold properties. All properties are in Sonora, Mexico and we have one advanced property which is the Pilar and it’s had six phases of drilling. We are starting shortly our seventh phase of drilling and we hope to increase our resources and go to production decision. Pilar is our most advanced property, we’ve had six drilling programs and we just did a round of financing which will give us our seventh program, a phase one drilling of this program which will allow us to drill up to thirty holes and which should advance the property. Mexico has been in the mining business for a long time, since the 1100’s, and Sonora is next to the United States but it’s the richest state in Mexico and probably the safest state. I think that Colibri Resource Corporation has the management team, we have the experience, our focus is to increase our resources and go to a production decision on The Pilar. Also, our Pitaya property which is a joint venture with an Agnico Eagle. We hope when we move forward Agnico has much work as they did in the last year.” – Ron Goguen, Chairman & CEO of Colibri Resource Corp.
Colibri Resource Corporation was formed with the explicit purpose to explore historical mining districts in Mexico. The company has three gold focused exploration projects Sonora State, Mexico. Two of these projects are 100% owned (No NSR) and the third is a joint venture with Agnico Eagle. Historical artisanal mining was conducted on all three properties. Original miners followed surface exposures of high grade vein systems underground.
The Company’s projects include: Pilar (Flagship – advanced exploration), Pitaya (JV with Agnico Eagle – advanced exploration), and Evelyn (early stage exploration).
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