Colibri intersects Near-Surface Zinc Mineralization on the Verde Zone at Ramard Project, Sonora, Mexico

    Listed TSX-V: CBI

    VANCOUVER, June 19 /CNW/ - Colibri Resource Corporation has received
assay results from percussion drilling of an additional 8 percussion drill
holes (RPD82 - RPD89) on the Ramaje Ardiente (Ramard) Project in Sonora,
Mexico. The Ramard Project is held by an option agreement to acquire 100%
ownership of 8,419 hectares made between the Mexican subsidiary of Colibri,
Minera Halcones SA de CV, and a private Mexican company. Exploration drilling
is focused on various broad areas of skarn and hornfels developed from
Paleozoic sedimentary rocks with proximal associated porphyry intrusive rocks.
This reported stage of drilling was targeted on the "Verde Zone". All holes
except one were drilled vertically into horizons that dip 20 to 45 degrees
thus drill intervals reported may not represent true widths. One hole was
drilled at -60 degrees to cross possible steeper dipping structurally
controlled mineralization.
    The Verde Zone drill holes are located between 2 and 2.5 km distant from
prior reported drilling on the La Bronca prospect (see News Releases of
June 12, 2006, January 25, 2007, February 12, 2007, March 12, 2007, May 2,
2007). The area between these two skarn zones is a mix of isolated outcrops of
porphyry intrusive and minor skarn.
    All 8 drill holes cut zinc mineralization within skarned calcareous shale
and limestone.
    RPD83 cut 10.5 meters averaging 7.25% zinc between the surface and
10.5 meters depth, (range of 3.28%-9.5% zinc) in a hole 30 meters deep
averaging 3.41% zinc between surface and 30 meters depth (range between 0.28%
and 9.5% zinc),
    RPD87 cut 12 meters averaging 4.01% zinc between the surface and
12 meters depth within a 30 meter interval that averages 1.78% zinc from
surface to 30 meters depth (range between 0.05% and 7.4% zinc).
    Holes RPD82, RPD85, RPD88, and RPD89 all cut disseminated zinc
mineralization from top to bottom, averaging between 0.74% zinc to 1.11% zinc
over lengths between 15 and 21 meters.
    These results demonstrate the widespread extent of mineralization on this
project. The Verde Zone skarn is associated with a magnetic anomaly
approximately 200m wide that extends for 500 meters in a NW-SE direction
following a favorable calcareous bed. There are 3 other zones of visually
similar mineralized skarns extending continuously further south within the
Ramard Project that are not drill tested.

    (See drill hole location map posted on

              Length      Interval       Width        Ag        Pb        Zn
                  (m)           (m)         (m)     (gpt)     (ppm)       (%)

    RPD82         24          0-24         24m      0.75        21      0.74
            includes         4.5-9         4.5       1.3        45       2.3

    RPD83         30          0-30          30      3.46        64      3.41
            includes        0-10.5        10.5      6.98       170      7.25

    RPD84         30       10.5-12         1.5       0.5       334      2.08

    RPD85         21          0-21          21       0.5        17      0.81

    RPD86         30       10.5-12         1.5       0.5        84      4.77

    RPD87         30          0-30          30       0.5      54.1      1.78
            includes          0-12          12       0.5        56      4.01

    RPD88         15          0-15          15       2.4        67      1.11

    RPD89       16.5        0-16.5        16.5       0.5        56      0.71
            includes         3-4.5         1.5       1.3        59      3.15

    Mineralization remains open at depth and in all directions. Verde Zone
mineralization is dominantly smithsonite with zinc bearing limonitic. Silver
is reported as gpt (grams per metric Tonne), lead as ppm (parts per million),
zinc in % (weight percent). Gold is not usually assayed due to low
concentrations anticipated in this geologic setting.

                                                                 end   Depth
    Hole   UTM North  UTM East   inclination      sample      sample       m.
    RPD-82    516196   3284457   -90(degrees)   RPD-1374    RPD-1389      24
    RPD-83    516168   3284472   -90(degrees)   RPD-1390    RPD-1409      30
    RPD-84    516046   3284551   -90(degrees)   RPD-1410    RPD-1429      30
    RPD-85    516036   3284572  (-60(degrees))  RPD-1430    RPD-1443      21
    RPD-86    516031   3284617   -90(degrees)   RPD-1444    RPD-1463      30
    RPD-87    516029   3284639   -90(degrees)   RPD-1464    RPD-1483      30
    RPD-88    516037   3284658   -90(degrees)   RPD-1484    RPD-1493      15
    RPD-89    516050   3284663   -90(degrees)   RPD-1494    RPD-1504    16.5

    Air track percussion drilling utilizes a surface air driven hammer with
2.25 inch wide bit and associated compressor. Samples are typically 5 kg of
rock chips over 1.5m intervals. Each sample is split on site with a Jones
splitter and half of the sample taken to Sonora Sample Preparation Lab,
Hermosillo, Mexico, and then transported to Vancouver, B.C. by International
Plasma Labs. The remaining half of the bagged sample is stored in Hermosillo
for archival purposes.
    Mr. M. A. Herdrick, B.Sc., M.Sc., Registered Professional Geologist 1801
in the State of Washington, is the Qualified Person on this project under
National Instrument 43-101, and has reviewed this release.

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of the contents herein.

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