- Location: In the Caborca Orogenic Gold Belt
- A regionally significant & active gold mining district
- Numerous historic adits on property
- Historical & current artisanal placer mining activity on property
- Size: 506 Hectares (5.06 Km²)
- Stage: Drill Exploration
- Targeting: >1 million ounce of gold – open pit resource
- Ownership: 100% owned (No NSRs)
- Work Completed:
- 2 Phase Drill Program Recently Completed (approx: 10,000m RC Drilling)
- 3,122m reported to date - Highlights include intersections of 3m at 12.19 g/t Au + 1m at 33.7 g/t Au
- 5 hole diamond drill program
- 3D Induced Polarization Study covering >90% of project
- Property wide magnetic survey
- Property wide soil survey
- Two phases of trench programs
- 2 Phase Drill Program Recently Completed (approx: 10,000m RC Drilling)
- Significant trench results - including 41.0 g/t Au
- > 400 surface chip samples - including 43.9g/t Au
Evelyn Gold Project
Summary
Location & Infrastructure
- Near a major highway (HWY #2)
- Infrastructure and support services are available in city of Caborca (pop. 60,000) – 60km SE of Evelyn
- Accommodation, electricity, internet/phone services available in Caborca
- Qualified & experienced local workforce
- Water is available nearby
- Accessible year round by maintained ranch roads
Regional Claims Map
Fresnillo owns in excess of 120k hectares in immediate area as part of a “district consolidation strategy” and is one of Mexico’s largest gold producers and the world’s largest silver producer.
Evelyn includes 4 operating and historic gold mines with 35km, and displays similarities to the structure, mineralization characteristics and also shows the presence of certain indicator minerals found at the La Herradura mine and Noche Buena Mine.
La Herradura Mine
- One of Mexico’s largest gold mines
- Open Pit – Heap leach
- Current Resource: 10.2 million oz Au
- 2018 Production: 474k oz Au
- Avg. grade: 0.80 g/t Au
- Operational since: 1997
Noche Buena Mine
- Open Pit – Heap leach
- Current Resource: 507k oz Au
- Original Resource: 2.2M oz Au
- 2019 Production: 127k oz Au
- Avg. Grade: 0.53 g/t Au
- Operational since: 2012
Samples Maps
Select Drill Results - Phase 1 Drilling 2021/2022
Topography Samples Map
Samples taken from Colibri’s 2019-2022 Exploration programs
Samples are grab samples of outcrop and subcrop from surface and trenches
New Target - West El Sahuaro Soil Anomaly - Exploration 2023
North West and North East trending structures are important controls on the gold distribution in the Caborca Gold Belt.
Main Zone - Cerro Rojo Area
Next Steps
Near Term: (Winter / Spring 2023)
- Ground truthing new geophysical interpretation (Ongoing)
- Interpretation/3D Modeling (Ongoing)
- Target Drillling - Infill & Exploration