Colibri Resource Corporation: New Assay Results from El Pilar Gold & Silver Project
On March 26, 2025, Colibri Resource Corporation (TSXV: CBI) announced the latest assay results from three holes drilled as part of the recent 10-hole diamond drilling program at the El Pilar Gold & Silver Project in Sonora, Mexico. The project is a joint venture between Colibri, which holds a 49% interest, and Tocvan Ventures, which owns the remaining 51%.
Significant Assay Results
The drilling program aimed to test various targets within the El Pilar project, and the latest assay results have shown promising results. The highlights include:
- EP-25-013: 1.02 g/t gold and 12.3 g/t silver over 14.5 meters
- EP-25-014: 1.04 g/t gold and 5.3 g/t silver over 20.5 meters
- EP-25-015: 1.7 g/t gold and 14.7 g/t silver over 16.5 meters
Impact on Colibri Resource Corporation
These latest assay results add to the growing body of evidence supporting the potential economic viability of the El Pilar Gold & Silver Project. Colibri’s share price has shown a positive response to the news, with a significant increase in trading volume following the announcement. With continued successful exploration results, Colibri stands to benefit from increased investor interest and potential future revenue streams.
Impact on the World
The mining industry plays a significant role in the global economy, contributing to employment, economic growth, and the production of essential resources. The latest assay results from the El Pilar Gold & Silver Project could lead to increased investment in the mining sector, particularly in Sonora, Mexico. This, in turn, could lead to job creation, economic growth, and the production of valuable minerals for the global market.
Conclusion
Colibri Resource Corporation’s latest assay results from the El Pilar Gold & Silver Project in Sonora, Mexico, have shown promising results, with significant gold and silver discoveries in three of the ten drilled holes. These results have led to a positive response from the market, with increased investor interest and a potential boost to Colibri’s share price. The mining sector as a whole stands to benefit from continued successful exploration results, leading to increased investment, job creation, and economic growth. As the world continues to demand essential resources, the mining industry will remain a vital part of the global economy.
