Mr. Lance Geselbracht reports

COLIBRI UPDATES EXPLORATION ACTIVITIES AT RAMARD SILVER SITE AND APPOINTS NEW CFO

Colibri Resource Corp. has provided an update on activities at the Ramard silver property located 100 kilometres northeast of the city of Hermosillo, Sonora. In April and May of this year, a 2,400-metre drill program was completed at the site. This fall, soil and rock-chip grid sampling has been completed on over 10 square kilometres. This information is in addition to soil and rock-chip sampling previously completed on the site. Updated information can be viewed on the company's website.

In November, Colibri contracted SJ Geophysics to conduct an induced polarization survey for the property. This IP survey covers approximately 2,000 hectares of the claim site; fieldwork will be completed by Dec. 22. The survey will cover the LaBronca zone, location of the last drill program, and areas to the southwest referred to as Verde and Picacho zones. During the IP survey, Colibri geologists will also be completing geological mapping in areas covered by soil and rock grid. The induced polarization survey is being used to locate areas of anomalous chargeability and resistivity, which are geophysical characteristics often associated with mineralization. Targets developed by the geophysical survey will be correlated with surface soil and rock-chip samples, and geological mapping to verify previously identified drill locations and new drill targets. A 2,000-metre diamond drill program will commence immediately upon completion of the IP survey and geologic mapping. This is scheduled to begin in January, 2012.

New chief financial officer

Colibri is pleased to announce the appointment of Brian Lewicki as the company's new CFO effective Dec. 6, 2011. Mr. Lewicki, a chartered accountant, replaces Bill Walker who has resigned as CFO but will remain as a director of Colibri. Mr. Lewicki has been a CFO for a private business, worked as a consulting accountant and been a certified accountant since 1994. Mr. Lewicki has provided financial, accounting, tax and compliance services to Colibri in the past as a consultant, and is familiar with all aspects of Colibri's financial reporting.

Lance Geselbracht, president of Colibri, stated, "I want to thank Bill Walker for over 5-1/2 years of dedicated service to Colibri as CFO and look forward to continue serving with him on Colibri's board of directors."

Exploration was conducted under the supervision of J.J. Irwin, PhD, PGeo, the qualified person under National Instrument 43-101 on this project.