Colibri Resource Corporation: Colibri Announces Definitive Deal Struck with Silver Spruce at Diamante Gold & Silver Project
Terms of Agreement
To earn its initial 25% interest in the Project, Silver Spruce agrees to pay Colibri cash in the amount of $75,000 USD. Yaque and Silver Spruce will each then hold a 25% interest and manage the Project as equal partners ( Partners ).
To earn its initial 50% of the Diamante project from the original vendor, Yaque (together with Silver Spruce) agree to jointly design, permit and drill a minimum of 2,000 metres on the Property within 24 months from the Execution Date of Yaque s final agreement with the original Vendor.
Colibri Resource Corporation: Colibri Announces Grab and Channel Samples Taken at Diamante Gold and Silver Project - Assays as High as 1 195 g/t Gold, 837 g/t Silver, and 6 87% Zinc
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Silver Spruce Completes Due Diligence on Diamante Au-Ag Concessions, Sonora, Mexico - Assays from Artisanal Workings to 1 195 g/t Au, 837 g/t Ag, 6 87% Zn
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Press Release - MINING COM
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