Mr. Lance Geselbracht reports
COLIBRI INTERSECTS MORE HIGH GRADE NEAR SURFACE MINERALIZATION AT RAMARD; 974 GRAMS PER TONNE SILVER, 12.4% LEAD, AND 1.8% ZINC AT 5 METRES DEPTH, PLUS 365 GPT SILVER, 4.85% LEAD, 19.46% ZINC AT 7 METRES.
Colibri Resource Corp. has released more results of a 2,000-metre drilling program at the Ramard
silver project, in Sonora, Mexico. The Ramard property consists of over 4,000 hectares of mineral concessions located 100 kilometres
north of the city of Hermosillo, Sonora, wholly owned by Colibri's
Mexican subsidiary, Minera Halcones. The Ramard property contains
numerous historical artisanal silver mine workings. Assays have been
returned from holes 11 through 16 of 28 drill holes.
All holes were drilled across a gently dipping skarn/manto formation and
are believed to be close to true width (within 10 per cent).
Notable intercepts include:
- BRAPD11 intersected 52 metres averaging 11.6 parts per billion (ppb)
gold, 10.9 grams per tonne (gpt) silver, 0.13 per cent lead and 0.16 per cent zinc between
surface and 50 metres depth including two metres of 100 ppb gold, 117.3
gpt silver, 0.8 per cent lead and 1.5 per cent zinc between 50 and 52 metres depth.
- BRAPD12 cut five metres of 65 ppb gold, 76 gpt silver 3.56 per cent lead and 2.76 per cent
zinc between 16 and 21 metres depth.
- BRAPD14 cut 21 ppb gold, 31.6 gpt silver, 0.26 per cent copper and 1.07 per cent zinc
between surface and 25 metres depth.
- BRAPD15 cut 27 ppb gold, 129 grams per tonne silver, 1.88 per cent lead and 2.76 per cent
zinc between surface and 17 metres depth including four metres of 77 ppb
gold, 397.5 gpt silver (12.8 troy ounces per metric tonne), 5.45 per cent
lead and 8.8 per cent zinc between five and nine metres depth, including one metre of 230
ppb gold, 974.6 (gpt) silver (31.4 troy ounces per metric tonne),
12.43 per cent lead and 1.81 per cent zinc between five and six metres depth plus 36 ppb gold,
365 gpt silver (11.8 troy ounces per metric tonne), 4.85 per cent lead and
19.46 per cent zinc between seven and eight metres depth. This hole was terminated at
17 metres depth due to difficult drilling conditions and restarted five metres away at an inclination of minus 60 degrees and yielded comparable
results.
- BRAPD16 cut seven metres of 25.6 ppb gold, 196.3 gpt silver, 2.87 per cent lead and
3.49 per cent zinc between three and 10 metres depth, including 132 ppb gold, 770 gpt silver (24.8 troy ounces per metric tonne), 11 per cent lead and 13.4 per cent zinc
between six and seven metres depth.
BRAPD DRILL BORINGS-APRIL, 2011
Drill hole Total depth Drill interval Width Gold Silver Copper Lead Zinc
(metres) (metres) (metres) (ppb) (gpt) (per cent) (per cent) (per cent)
BRAPD11 99m 0-52m 52m 12 10.9 <0.01 0.13 0.16
17-52m 35m 16 13.0 <0.01 0.11 0.13
50-52m 2m 100 117.3 <0.01 0.80 1.50
BRAPD12 100m 16-21m 5m 65 76.0 <0.01 3.56 2.76
18-19m 1m 154 204.3 <0.01 13.45 8.14
BRAPD13 99m 18-20m 2m <5 1.4 <0.01 0.14 1.38
BRAPD14 67m 0-50m 50m 15 18.5 0.15 0.03 0.67
0-25m 25m 21 31.6 0.26 0.05 1.07
0-10m 10m 38 62.4 0.56 0.06 1.05
13-14m 1m 28 211.8 1.11 0.07 1.12
BRAPD15 17m 0-17m 17m 27 129.1 <0.01 1.88 2.76
3-17m 14m 32 156.4 <0.01 2.27 3.31
5-9m 4m 77 397.5 <0.01 5.45 8.80
5-6m 1m 230 974.6 <0.01 12.43 1.81
7-8m 1m 36 365.0 <0.01 4.85 19.46
BRAPD16 99m 3-10m 7m 26 196.3 <0.01 2.87 3.49
5-7m 2m 90 592.0 0.01 9.98 8.10
6-7m 1m 132 770.1 <0.01 11 13.44
Holes BRAPD14, 15 and 16 are more than 500 metres distant from BRAPD9
which contains comparable concentrations of silver, lead and zinc (see
news release of May 27, 2011), an indication of the size and scope of
this system.
These results further demonstrate the potential of the Ramard project,
with both high-grade manto horizons plus disseminated silver, gold,
lead, zinc.
Access on the project is excellent, with a paved road less than one kilometre
from the drill sites and the railhead at the town of Carbo less than 10
kilometres distant. The company is waiting for analyses of the
remainder of the drill holes.
Drilling was conducted using a direct circulation, rotating hammer,
track-mounted rig and Ingersoll Rand 750 CFM compressor. Drill hammer
width is 4.5 inches. Samples were collected in a cyclone at one-metre
intervals and split with a Jones splitter. All samples were split on
site with half of the sample kept for archival purposes. At least one
duplicate sample was collected from all holes. Samples were taken
directly to Inspectorate Laboratory sample preparation lab in
Hermosillo, Sonora, at the end on each day's drilling. Sample pulps were
analyzed by Inspectorate in its laboratory in Richmond, B.C., using AuAg-1AT-GV for gold and silver and BM-AR-OR for copper,
lead and zinc, quantitative procedures designed for ore-grade samples.
Exploration was conducted under the supervision of Dr. J.J. Irwin, PhD,
PGeo, the qualified person under National Instrument 43-101 on this
project.
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