01:02 PM EDT, 09/21/2021 (MT Newswires) -- Colibri Resource Corp. (CBI.V) on Tuesday surged 11.8% on last look after reporting that its partner, Silver Spruce Resources Inc. (SSE.V) has reported assay results for the final 10 holes drilled at the El Mezquite Au-Ag property in Sonora, Mexico.

All holes intersected gold mineralization over variable core lengths. Highlights of the assays received include intercepts of 0.537 grams per ton of gold over an intersection length of 6.1 meters in hole MEZ-21-016 and 0.502 g/t Au + 24.7 g/t Ag over an intersection length of 4.575 m in hole MEZ-21-012.

Silver Spruce's stock remained unchanged on last look on Tuesday in Canada.

The Phase 1 drill program consisted of 2,485 meters completed in 20 holes from eight drill pads and was completed on July 28.

Price: 0.11, Change: +0.03, Percent Change: +29.41