Agnico Eagle: 3 mines operating & 3 new gold mines soon.

Gold production to double to 590,000 ounces in 2009, double again to 1.2 million ounces in 2010.

Free
Message: TSXV-Listed Colibri Reports Significant Assay Results on Pitaya Property From JV Partner Agnico Eagle

TSXV-Listed Colibri Reports Significant Assay Results on Pitaya Property From JV Partner Agnico Eagle

posted on Dec 11, 2017 01:49PM

 

 
2017-12-11 01:38:43 PM ET (MT Newswires)
   
   

01:38 PM EST, 12/11/2017 (MT Newswires) -- Colibri Resources (CBI.V) said Monday right before noon that it received drill results for the Pitaya gold project in Sonora, Mexico from joint venture partner Agnico Eagle Mines (AEM.TO), with highlights that include 2.2 meters grading 20.96 grams per tonne of gold and 57 g/t of silver from 181.6 meters; 25.0 meters grading 0.80 g/t of gold from 56 meters, including 13.6 meters grading 1.20 g/t of gold; and 29.3 meters grading 0.57 g/t of gold from 139 meters, including 3.0 meters grading 3.06 g/t of gold and 5.0 meters grading 1.14 g/t of gold.

Agnico Eagle is the operator of the project with a 66.33% stake, with Colibri holding the remaining 33.67% interest. Agnico Eagle has had two drills operating in Pitaya, completing a total of 7,286.55 meters in 26 drill holes in the most recent campaign, with assays received for 23 holes to Nov. 30.

Colibri shares were trading at $0.10 on last look for no change from the previous close, while Agnico Eagle shares were trading at $54.43, for a 1.2% loss.

Price: 0.10, Change: 0, Percent Change: 0

Share
New Message
Please login to post a reply