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AllPennyStocks.com News: 2018 Shaping Up as an Inflection Year for Colibri Resources

 

Mississauga, ON -- (SBWIRE) -- 01/15/2018 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "2018 Shaping Up as an Inflection Year for Colibri Resources."

Companies mentioned in this article include Colibri Resources Corp. (TSX-Venture:CBI) and Agnico Eagle Mines Ltd. (TSX:AEM)(NYSE:AEM).

Article Excerpt:

A $4.0 million company partnered with a $13.5 billion company on a resource project is rare enough that the smaller firm usually realizes quite a boost in valuation by association. That hasn't happened for little Colibri Resources Corp. (TSX-Venture:CBI) with its joint venture with mining giant Agnico Eagle Mines Ltd. (TSX:AEM) (NYSE:AEM), but that could change in 2018 as the JV project advances in combination with other projects in the Colibri pipeline.

Agnico and Colibri are partnered 66.33%/33.67% in favor of Agnico on the 6,000+ hectare Pitaya project in Sonora, Mexico, located directly adjacent to and on strike from the Tajitos discovery of Fresnillo, Mexico's largest gold producer, that already boasts more than 328,000 ounces of gold. Agnico is the operator at Pitaya, with two rigs now completing nearly 7,300 meters in 26 drill holes and more drilling ongoing.

The full version of this article can be found at:
http://www.allpennystocks.com/aps_ca/special-reports/836/2018-shaping-up-as-an-inflection-year-for-colibri-resources.htm

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Note: AllPennyStocks.com has been compensated three thousand dollars from a third-party, FronTier Consulting, Ltd. for its efforts in presenting the CBI profile on its web site and distributing it to its database of subscribers as well as other services. For a complete disclaimer, investors are encouraged to click here: http://www.allpennystocks.com/SpotLight/25/colibri-resource-corp-tsx-venturecbi.htm.