Ian McGavney, President & CEO of Colibri commented: “Our new discovery at the West Sahuaro Zone is the thickest, most continuous, and highest grade gold mineralization intersected to date on the Evelyn property. We are extremely pleased with these results. The grade of mineralization discovered is approaching the reported production and resource grades at mines and development stage projects in the Caborca Gold Belt.”

“2023 was yet another exciting year of exploration and growth at Panuco,” commented Michael Konnert, President & CEO. “We started off the year with the achievement of an important milestone by announcing a significant update to the maiden resource which highlighted a material increase in both project grade and contained ounces. Drilling throughout the year continued to expand know mineralization particularly at Copala which has now doubled in strike length relative to the January 2023 MRE.”

“Our objective is to provide investors with exposure to silver, and the La Colorada Skarn provides that exposure in scale, with annual silver production estimated to average 17.2 million ounces during the first 10 years.”

Solway Investment Group, a Switzerland-based mining company with interests in Guatemala, says it agrees with a regional court’s decision requiring the Guatemalan government to recognize the property rights of an Indigenous community