M a r c h , 2 0 1 8 Forward Looking Statements This presentation - - PowerPoint PPT Presentation

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M a r c h , 2 0 1 8 Forward Looking Statements This presentation - - PowerPoint PPT Presentation

M a r c h , 2 0 1 8 Forward Looking Statements This presentation is strictly confidential and must not be copied, distributed, circulated or disseminated without the express written consent of the Corporation. This presentation does not


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M a r c h , 2 0 1 8

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SLIDE 2

Forward Looking Statements

This presentation is strictly confidential and must not be copied, distributed, circulated or disseminated without the express written consent of the Corporation. This presentation does not constitute an “offering memorandum” as such term is defined under Canadian securities legislation and confers no statutory, contractual or other similar rights of rescission or other action or remedy to any recipient under securities legislation in Canada, the United States or other jurisdiction for misrepresentation or otherwise. No securities are being offered for sale hereunder. This document does not provide full disclosure of all material facts relating to the securities offered. Readers must conduct their own analysis and review of the Corporation and of the information contained in this presentation and must contact their own professional advisors. This presentation contains “forward-looking information”. Forward-looking information includes, without limitation, statements regarding macroeconomic factors, future demand and supply dynamics for lithium, production and development forecasts and timelines, mineral resource estimates, future lithium prices, solutions to past problems, valuations, capital and operating expenditures, ability to obtain financing, currency exchange rates, government regulation of mining

  • perations, and environmental risks. In general, forward-looking information can be identified by the use of forward-looking terminology such as “plans”,

“expects” or “does not expect”, “projects”, “forecasts”, “budget”, “estimates”, “schedule”, “intends”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Some of the specific forward-looking information herein includes <>. The forward-looking information is based upon factors and assumptions the Company believes is reasonable based on information currently available to them. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance of the Corporation to differ from forward-looking information. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Corporation does not undertake to update any forward-looking information, except as required under applicable securities laws. These materials may contain inaccuracies or typographical errors. The Corporation shall not be responsible for any errors or omissions contained in these materials and do not guarantee the accuracy, completeness or timeliness of the information contained herein. Jamie Lavigne, M.Sc. P.Geo.., who is a qualified person under National Instrument 43-101 and is independent of the Corporation, has reviewed the scientific and technical information related to geology and exploration in this presentation.

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SLIDE 3

Leadership Team

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Management experienced in Sonora, epithermal gold deposits and putting mines into production. Ronald Goguen, Sr.

Chairman and CEO Founder and Former Chairman of Major Drilling International (TSX: MDI) and Beaver Brook Antimony Mine

Ed Stringer

Director 50 Years in the Mineral Exploration Business; Exploration Driller. Former CEO of Britannia Mine (sold to Hudbay)

Paul Bartos, Ph.D

Director Noted Authority on Epithermal Gold Deposits; Vice President and Chief Geologist, Anglo Gold; Extensive Experience in Latin America;

Brian Crawford, CPA

CFO 30 Years Experience as Financial Officer of Public and Private Corporations

Roger Doucet

Director Former Director of Exploration for Agnico-Eagle Mines Mexico;

Jacques Monette

Director 40 Years Experience as an Underground Miner

William MacDonald

Director Retired; Former Director of Logistics for a Drilling Company in Mexico

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SLIDE 4

Colibri Resource Corp. at a Glance

4 QUICK FACTS

  • Trades: TSX.V: CBI | FSE: 2CO
  • Property Portfolio Focused on Sonora, Mexico
  • Led by an experienced Management Team who have Built and Put Mines into Production

CORPORATE STRUCTURE

  • British Columbia Corporation
  • Based in Moncton New Brunswick
  • Mexican Subsidiary Owning the Pilar Gold (100%), Minera Bestep S.A. de C.V.
  • Mexican Subsidiary Owning Colibri (Pitaya) Joint Venture with Agnico-Eagle (33 2/3 %)

and Evelyn Project (100%), Minera Halcones S.A de C.V

KEY PROJECTS

Flagship Project: The Pilar Gold Property Joint Venture Project: The Pitaya Gold Property Early Stage Project: The Evelyn Gold Property JULY 25,2017:

Colibri Resource

  • Corp. Acquire All

Shares of Canadian Gold Resources Ltd.

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SLIDE 5

Flagship Property: The Pilar Gold Project

5 Acquisition Structure (TSX-V Approved on July 25, 2017)

  • Colibri has issued 24,242,424 for a total of $4,000,000 to Ontop Capital.
  • CGR owns 100% of the right, title and interest in Minera Bestep S.A. de C.V. (“Bestep”), a private Mexican company.
  • Bestep holds 100% of the right, title and interest in the Pilar Gold Project (“Pilar Property”) and the Sun Project.
  • Both properties are near Suaqui Grande, Sonora, Mexico and neither properties are subject to any royalties or encumbrances.

Focus Property The Pilar Gold Property Location Near Hermosillo, Sonora (2.5 Hour Driving Distance) Development Stage Advanced Exploration Metals Gold with Silver Credit Deposit Type Open-pit, Heap Leach Potential, Highly Oxidized, In Volcanics Going Forward Private Placement, Resource Calculation Drilling, Preliminary Economic Assessment

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SLIDE 6

Pilar Gold Property

6 Pilar Gold Property (105 hectares)

  • 100% Ownership, No NSR
  • Mineralized zone 1,200m x 625m x 100m = 202 millions tons
  • (Main Zone): Grade 1.9 g/t Au - (Average recovery: 92%)
  • Previous Optionees:
  • Santa Catalina Mining - Lundin Group (Oct 95’- Mar 98’)
  • Santa Fe Mining (Mar 09’ – Mar 10’)
  • Canadian Gold Resources (Jun 10’ – Dec 16’)
  • Extensive Drilling, Trenching, Geophysics, Sampling
  • Open Pit, Highly Oxidized, Heap Leach Potential

North Hill Main Zone

Trench work Trench work Fault

Highly Fractured Rock

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SLIDE 7

Mineralized Structure 1,200m X 625m P i l a r P r o p e r t y

Pilar Gold Property – Work Done

7 Significant Amount of Data Collected on Pilar Property)

  • 1.9km of 3m Channel Sampling (660 x 3m)
  • 750 Meters of Additional Trenches
  • 7,500 Plus Meters of Drilling in 1996-1997
  • 57 Rock-chip & 27 Soil Samples (all mapped)
  • 92 Rock-chip Samples (mapped, avg. 1.229 g/t Au)
  • 590 Rock-chip Samples at 5m Intervals (mapped)
  • 7,192 Meters of Drilling with CGR Management
  • Standard Cyanide Bottle Roll Testing Completed

Figure 10 Main Zone Block Model Vertical Section Looking NW Au g/t

Main Zone Nort rth Hill 4 Trench Zone Main Zone 4 Trench Zone Nort rth Hill

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SLIDE 8

Our Sweet Spot – Western Side of the Main Zone

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Hole Q-8b: 13.5m @ 9.64 g/t Au Hole P-9b: 9.0m @ 10.16 g/t Au Hole 13-15: 66.0m @ 0.94 g/t Au Hole JES-12: 41.01m @ 1.31 g/t Au Hole J-7: 2.55m @ 7.91 g/t Au Hole JESP-12-4: 21.30m @ 0.84 g/t Au; AND 3.00m @ 3.44 g/t Au

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SLIDE 9

Previous Channel & Chip Sampling

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Date Channel Sampling (Meters) Channel Sampling Results Santa Catalina: Channel Sampling Campaign #1 Late 1995-1996 1,980 As high as: 28.0 g/t over 6m 7.72 g/t over 9m 4.4g/t over 12m Santa Catalina: Channel Sampling Campaign #2 January 1997 750 As high as: 55.4 g/t Au over 3m Date Number of Chip Samples Chip Sampling Results Chip Sampling Feb 2008 57 Mapped Chip Sampling May 2008 92 AVG: 1.22 g/t Au Chip Sampling 2009-10 590 50m of 3.39 g/t Au & Four samples over 10g/t Au

Highly Silicified Boulder with Analysis of 6 g/t Au 30+ Major Trenches Spanning 2.7km

Channel Sampling Chip Sampling

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SLIDE 10

Previous Drilling Campaigns

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*The above chart is based on Santa Catalina Mining press releases.

DRILL CAMPAIGN DATE RC DRILLING (METERS) BEST INTERCEPT RESULTS

Santa Catalina: Drill Campaign #1 July 1996 2,900+ S-10: 16.5m of 53.47 g/t Au and 53.4 g/t Ag Q-8b: 13.5m of 9.64 g/t Au and 7.2 g/t Ag S-11: 1.5m of 6.70 g/t Au and 56.6 g/t Ag Santa Catalina: Drill Campaign #2 November 1996 3,200 P-9b: 9.0m of 10.16 g/t Au and 37.8 g/t Ag K-16: 7.5m of 3.30 g/t Au and 31.3 g/t Ag Santa Catalina: Drill Campaign #3 August 1997 1,700 S-13b: 1.5m of 8.58 g/t Au and 1.1 g/t Ag @ 1.5m 2010 RC Drill Samples With +2 g/t Au Hole Number From Meters To Meters Au (g/t) J-7 (core) 11.800 14.350 7.950 JESP-10 1.524 3.048 2.330 JESP-10 38.100 39.624 2.650 JESP-12 9.144 10.668 3.563 JESP-15 4.572 6.096 3.950 JESP-15 30.480 32.004 4.590 Drill Campaign Date Drilling (Meters) Best Intercept Results CGR: Drill Campaign #2 May 2012 2,315 RC JESP 12-4: 3m of 3.435 g/t Au – from 56.39m downhole CGR: Drill Campaign #3 Nov 2013 1,566 RC JESP 13-15: 66.0m of 0.94 g/t Au – from 39.0m downhole

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SLIDE 11

Forward Looking Statements

11 Excellent Gold Recoveries

Hermosillo-based Laboratorio Technologico de Metalurgia LTM S.A. de C.V (LTM) Was Commissioned to Complete Three Preliminary Metallurgical Tests

  • 7 Samples Taken at 5-7 Metre Intervals Along a 35 Metre Long Section of

the Largest Known Mineralized Structure in the Main Zone.

  • Test 1 Head Assay: 1.5 g/t Au and 6.0 g/t Ag

BOTTLE ROLL TEST 1 Test 1 Recovery in 72 Hours: 92.17% Gold and 28.66% Silver

92%

  • 5 samples Taken From the Width of the Same Structure as Test 1, at 5

Metre Intervals, 60-100 Metres from Test 1.

  • Test Was Run in Duplicate for Greater Accuracy
  • Test 2 and Test 3 Head Assay: 0.79 g/t Au and 7.0 g/t Ag

BOTTLE ROLL TESTS 2 AND 3 Test 2 Recovery in 72 Hours: 91.17% Gold and 16.12% Silver

91%

Test 3 Recovery in 72 Hours: 93.88% Gold and 12.09% Silver

93% Highly Oxidized Material is Ideal For Heap Leach Gold Recovery

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SLIDE 12

Pilar Gold – Path Forward

12 Fast Track to Production Initiatives Underway. Corporate Objectives

Raise Drilling Campaign Funds Via Private Placement

Technical Objectives

Verify Lundin’s estimated Mineralized Structured Zone:

1,200m x 625m x 100m

Preliminary Economic Assessment

Exploration Objectives

Drill a Total of

  • 10,000 meters

Expand on Previous Drilling Success

  • Drill for Continuity of Grade, Extension and Depth
  • Prove up mineralized structure
  • PHOTO: RC Drill Activity at

4-Trench Prospect (Hole JESP-18)

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SLIDE 13

Pitaya Property (JV Partnership)

13 Ownership / Agreement

  • February 28, 2011, Option Agreement signed with Colibri Resources.
  • Stage 1, AEM earned on initial 51%
  • by spending more than $1.5M before August 2012
  • and made cash payment totaling $218,000 USD to Colibri.
  • May 14, 2013: Termination of AEM sole funding. Joint Venture formed;
  • AEM 51% / Colibri 49%
  • AEM sole funding expenditures totaled $2,490,830 USD.
  • May 31, 2017: JV partners interest at AEM 66.33% / Colibri 33.67%
  • AEM spent $ 1,300,000 in 2017 exploring property (drill results pending)

PANORAMIC VIEW OF COLIBRI PITAYA JV PROPERTY

Holds 100% Interest in La India Mine.

Agnico Eagle Has An Established Presence in the Prolific Sonora Mining Region.

L A I N D I A P R O D U C E D

104,000 OZ AU

in 2015 at a Cost

$436 /OZ

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SLIDE 14

Pitaya Property (JV Partnership)

14 Property & Location

  • 7 mining claims, 7,300 ha

Heap Leach, Open Pit, Low-cost Gold Project

Property & Location

Along

  • strike from low-grade / low-cost La Herradura, Soledad Dipolos, Noche

Buena , and El Chanate mines and deposits (>10 Moz.) Adjacent to

  • Fresnillo ́s new Tajitos discovery (400Koz.,in progress).

2011-16 Activity:

$3,811M Invested, 30 holes / 7,681m drilling , mapping 2,708 surface samples; 7,681 drill samples, 6,012 assays 5 parcels access agreed (70% surface) 9 drill targets defined; 4 drill tested

Highlights:

34.2 g/t Au over 1.3m 20.9 g/t Au over 2.2m 6.3 g/t Au over 1.0 m 0.5 g/t Au over 31.0 m 0.4 g/t Au over 7.7 m 0.9 g/t Au over 4.0 m 0.81 g/t Au over 3.6m 0.5 g/t Au over 11.0 m 0.63 g/t Au over 10.0 m 0.51 g/t Au over 7.0 m

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SLIDE 15

Pitaya Property – Neighboring Exploration

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In Fresnillo’s 2012 Annual Report, a resource of 420,000 Oz Au was released with the mineralized zone open along

  • strike. A cut-off grade 0.3 g/t Au

was used in the calculation.

Exploration by Other Companies Bordering Pitaya Property

Fresnillo

  • PLC has been drilling the Tajitos project, a new discovery of low-grade gold found

next to the international and federal Highway # 5, near the border with the Pitaya property. Drilling in

  • 2012 and 2013, totaled 6,122 m of core and 34,276 m of RC drilling and defined a

near-surface gold resource. Intense drilling activity has been noted in the western border claims of the

  • Pitaya project by

Fresnillo PLC. RC rigs were testing the southwest edge of El

  • Pliegue Area; around 20 drill pads were built.

Results are still unknown.

Regional magnetics depicting the Pitaya project and surrounding properties. Intense drilling by Fresnillo PLC along the eastern border of Pitaya claims (Tajitos project, 420 Koz.)

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SLIDE 16

The Evelyn Gold Property

16 High Potential Exploration Opportunity

  • Acquired in 2008.
  • 506 hectares and located in northwest Sonora, Mexico.
  • Easy access: 150 kilometers northwest of the capital city, Hermosillo.
  • Heavy artisanal placer mining activity.
  • 30km from La Herradura Gold Mine (Fresnillo PLC)
  • FY15 Production: 398,866 Oz Au
  • Grade: 0.76 g/t Au & Cost: US $145 per Oz Au
  • 9km from Noche Buena Gold Mine (Industrias Penoles)
  • FY2015 Production: 158,179 Oz Au
  • “On strike” with the El Chanate Gold Mine (Alamos Gold)
  • FY2015 Production 79,312 Oz Au
  • Initial soil and rock chip sampling is the only work to date completed for the site.
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SLIDE 17

Path Forward

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Corporate Objectives

  • Raise capital in order to drill the Pilar Gold Project.
  • Prove up 200+ million tonne mineralized structure

Strategy

Flagship Project: The Pilar Gold Property Joint Venture Project: The Pitaya Gold Property Early Stage Project: The Evelyn Gold Property

  • Add resources – drilling

campaign to extend and prove: Main Zone, 4 Trench Zone, and North Hill Zone

  • Leave it to JV Partner, awaiting

additional results from 2017 drilling campaign Chip Sampling, Geophysics

  • Survey and Soil Sampling along

the 80 meter quartz vein in 2018 (total cost approximately $100k) Focus on the

  • Pilar.
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SLIDE 18

Pilar Drill Campaign Photos

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From Surface 41m of 1.31 g/t Au Highly Altered Rock in 4-Trench Area Drilling Activity on Pilar Checking The Dip Ready at the Drill Pad CGR Team at Pilar

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SLIDE 19

Pilar Drill Campaign Photos

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Rock Chips Laid Our For Viewing Starting A New Drill Hole Hole 13-5 Bagging a Sample Crew At Work Bagged and Numbered Samples

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SLIDE 20

Share Structure

20 Ticker Symbol TSX-V: CBI Total Shares Outstanding 52,742,986 Warrants: 160,000 175,000 2,667,166 205,373 4,265,000 12,120,980 252,400 8.5c until April 29, 2018 15c until June 30, 2018 25c until Nov 3, 2018 25c until Nov 3, 2018 25c until Sept 6,2019 15c until March 15, 2023 10c until March 15, 2019 Options: 550,000 15c until June 15, 2026 Fully Diluted Shares 73,138,905 Insider & Management Ownership 30% Debt Nil

A S C L O S E O F B U S I N E S S M a r c h 1 6 t h, 2 0 1 8

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SLIDE 21

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Colibri Resource Corporation Suite 700-105 Englehart Street Dieppe, New Brunswick E1A 8K2 Phone: (506) 383-4274 Email: info@colibriresource.com

THANK YOU!