Colibri Announces Results of AGM
June 19, 2018
Shareholders voted in favour of all items proposed by the Board of Directors and management.
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Shareholders voted in favour of all items proposed by the Board of Directors and management.
Exploration work is being funded under an option to joint venture agreement by Centerra Gold Inc. Originally, the core drilling program was to consist of 1,650 meters in seven holes with further drilling contingent upon results. After a recent review, Centerra has authorized a drilling program extension. The complete program will now consist of approximately 2,900 meters in 17 holes.
Riversides President and CEO, John-Mark Staude, stated: We are pleased with the recent sampling results at La Silla and are developing a stronger understanding of the gold and silver mineralization and their controls. The Ciruelo and El Roble veins show extensive strike and we are working to define high quality drill targets. Riverside is in discussions with prospective partners and will continue further exploration work as the Company evaluates its options for forwarding the project.
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