Colorado drills 114.6 m of 0.69 g/t Au at KSP

Stockwatch Daily - - MINES & METALS - Mr. Adam Travis re­ports

COLORADO RE­SOURCES Ltd. has pro­vided the re­sults of the re­main­ing 24 drill holes from the 2017 ex­plo­ration drilling pro­gram on its 100-per­cent-owned K S P prop­erty.

(See CXO Ta­ble 1 on page 7)

Tami: in­tru­sive-re­lated gold-cop­per min­er­al­iza­tion

A to­tal of 11 drill holes were col­lared, with one drill hole aban­doned, in the Tami area, lo­cated five km to the south­east of Inel-Khybe. The data sug­gest that a thick, well-min­er­al­ized, east-west-striking vol­ume of rock with a strike length ex­ceed­ing 350 m is open to the east. The strong gold-cop­per in­ter­sec­tions ob­tained from the west­ern­most drill holes also sug­gest the sys­tem is open to the west.

(See CXO Ta­ble 2 on page 7)

Chief ex­ec­u­tive of­fi­cer and pres­i­dent Adam Travis com­ments: “The 2017 drill pro­gram at the KSP project was suc­cess­ful in iden­ti­fy­ing new dis­cov­er­ies at the Camp Por­phyry, West Khy­ber and Tami zones. We ex­panded our orig­i­nal 7,500 m pro­gram to nearly 11,824 m in 68 drill holes. Most (52) of our drill holes tar­geted out­ly­ing ar­eas within a 500 m ra­dius of our 2016 drilling at the Up­per AK, Inel Ridge, BRDZ, South Dis­cov­ery, Inel Basin, V.G. and Camp Por­phyry zones over a one km square area. We also drilled five drill holes in two ar­eas at Khy­ber, and 11 drill holes at Tami ap­prox­i­mately two km to the south­west and five km to the south­east of Inel, re­spec­tively. Drilling com­pleted at the Camp Por­phyry and West Khy­ber ar­eas re­ported gold plus or mi­nus cop­per and molyb­de­num min­er­al­iza­tion. At the Tami zone, our 2017 pro­gram has out­lined a new and en­cour­ag­ing gold-cop­per in­tru­sive-re­lated sys­tem. We look for­ward to fur­ther re­view and anal­y­sis of all of the 2017 re­sults, and ef­fec­tively us­ing those in­ter­pre­ta­tions in next year’s pro­gram.”

We seek Safe Har­bor.

Erika Flores con­densed this news re­lease (erikaf@stock­watch.com).

Terese J Giesel­man, Carl Wil­liam Her­ing, Wil­liam Fran­cis Lindqvist, Lawrence John Nagy, Adam Robert Travis

(CXO) Shares: 121,741,646

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