Welcome to our dedicated page for Colibri Resource news (Ticker: CRUCF), a resource for investors and traders seeking the latest updates and insights on Colibri Resource stock.
Colibri Resource Corporation (CRUCF) maintains an active portfolio of gold and silver exploration projects in Mexico's premier mining regions. This page aggregates official updates from the company's EP Gold and Pilar Gold & Silver projects, including drilling results, resource estimates, and strategic developments.
Investors and industry observers will find verified updates on reverse circulation drilling programs, geological modeling advancements, and partnership initiatives with key players like Tocvan Ventures. The curated news selection emphasizes operational milestones, technical reports, and corporate announcements that impact the company's exploration trajectory.
Content highlights include progress reports from the Caborca Gold Belt operations, analyses of epithermal system discoveries, and updates on bulk sampling initiatives. All materials adhere to NI 43-101 standards and quality-controlled data verification processes.
Bookmark this page for streamlined access to CRUCF's evolving exploration narrative, with new developments added as they become publicly available through official channels.
Canagold Resources Ltd. (OTCQB: CRUCF) reported high-grade gold assay results from three drill holes in its ongoing drilling program at the New Polaris Gold project in British Columbia. Assays revealed 30.8 grams per tonne (gpt) Au over 3.9 meters, 16.0 gpt Au over 1.5 meters, and 11.6 gpt Au over 5.1 meters. The 24,000-meter drill program aims to upgrade inferred resources to indicated status, with results indicating strong continuity of mineralization. Out of 47 planned holes, 17 have been drilled, supporting the project's resource estimates and future feasibility studies.
Canagold Resources Ltd. (OTCQB:CRUCF) announced promising initial gold assay results from its New Polaris Gold project in British Columbia. The first three diamond drill holes from a 24,000 m program revealed high-grade gold, with highlights including 12.0 gpt over 3 m, and 124.2 gpt over 6.6 m. These results exceeded expectations and may enhance resource confidence. Drilling aims to upgrade inferred resources to indicated status, supporting a future feasibility study. The drill program is set to continue throughout the summer and fall, with further results anticipated regularly.
Canarc Resource Corp. has successfully closed the second tranche of its CAD$8.4 million private placement, raising CAD$5.2 million. This tranche involved 65 million units at CAD$0.08 per unit, which includes insider participation from Chairman Bradford Cooke. Notably, Eric Sprott acquired 12.5 million units for CAD$1 million, increasing his stake to approximately 10.2% of Canarc's shares. The funds will be allocated for exploration and working capital. Shares issued are subject to a four-month hold period. The private placement awaits final acceptance from the Toronto Stock Exchange.
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