Welcome To The Silver Spruce Resources HUB On AGORACOM

“Seizing Opportunity and Creating Value”

Message: Colibri Resource Reports Start of Drilling on El Mezquite Gold, Silver Property


2021-06-03 12:55:53 PM ET (MT Newswires)

12:55 PM EDT, 06/03/2021 (MT Newswires) -- Colibri Resource Corp. (CBI.V) said Thursday that its option partner Silver Spruce Resources Inc. (SSE.V) will be starting its planned Phase 1 reverse circulation drill program on the companies' El Mezquite Au-Ag Property.

This is the first-ever drilling at El Mezquite. On last look on Thursday, the company's shares remained unchanged, while Silver Spruce shares rose 7.1%.

Phase 1 drilling planned by Silver Spruce will consist of a minimum of 2,000 meters of RC drilling to be completed from 8 drill pads.

The first phase of the drill program has been planned to test northeast-southwest trending structures defined by geological mapping and sampling and supplemented by lineament analyses and to test the results of an Induced Polarization survey previously completed by the company.

Price: 0.14, Change: 0.00, Percent Change: 0.00

New Message
Please login to post a reply