Colibri Resource (TSE:CBI) has released an update.
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Colibri Resource Corporation’s partner, Tocvan Ventures, has announced upcoming drilling and plans for a test mine at the Pilar Main Zone in Sonora, Mexico, aiming to process up to 50,000 tonnes of material. With gold prices at record highs, these developments could significantly demonstrate the site’s economic potential and lead to a maiden resource estimate.
For further insights into TSE:CBI stock, check out TipRanks’ Stock Analysis page.