Tuesday, December 20, 2011

Colt Resources, Inc. (COLTF)

Colt Resources, Inc., a Canadian junior exploration company, is engaged in the acquisition, exploration and development of mineral properties with an emphasis on gold and tungsten. It is currently focused on advanced stage exploration projects in Portugal, where it is the second largest lease holder of mineral concessions.

While under explored in modern times, Portugal has a long tradition of mining history and was a major source of the riches that financed the Roman Empire during its expansion. Colt has an excellent working relationship with the Portuguese Government and anticipates the development of several mines in this EU member country.

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