The Portuguese
resource market has witnessed in the last three years Montreal-based Colt
Resources (COLTF) emerge as a leading gold and tungsten mining exploration and
development company. Taking full advantage of established relationships within
the Portuguese government, the company is ambitiously developing two
advanced-stage projects. These projects are the north-central-Portugal-based
Tabuaço Tungsten Project and the Boa Fé Gold Project, located approximately 95
kilometers east of Lisbon, Portugal. Both 100% owned by Colt, these projects
are readily accessible and have excellent infrastructure for operations and
resource transportation. In addition to its efforts in Portugal, Colt Resources
has also established a strategic footprint in the Middle East.
COLTF believes the
two projects will be in production in the year-and-a-half to three year range.
For operations coordination, in addition to its headquarters in Montreal, Colt
maintains administrative and field offices in Beloura, Tabuaço, and Escoural,
Portugal.
In total, Colt
Resources’ leadership team amasses approximately 180 years of expertise in
professional management. In particular, president and CEO Nikolaus Perrault
leverages over 15 years of experience in wealth management and financial analysis
with some of Canada’s largest financial institutions. These institutions
include National Bank, Merrill-Lynch, Scotia Capital, and CIBC. Throughout, Mr.
Perrault has kept a global eye on small cap resource companies, which have
allowed him to develop an extensive international network. In May 2007, he
founded a management consulting company that provides strategic advice to
early-stage energy and resource companies.
Mr. Perrault also
serves as an independent director for TSX-listed Calvalley Petroleum as well as
NEX-listed Bitumen Capital. Mr. Perrault’s formal education consists of a
Bachelor of Commerce and a Chartered Financial Analyst designation, which he
received in 1997. Colt Resources’ seven other leadership team members call upon
experience in the exploration and mining industry as well as across multiple
other industries. Their experience resides in the areas of senior management,
financial reporting, financial advisement, multinational mining and oil &
gas consultation, geology, portfolio management, legal work in corporate law,
commercial transactions, and intellectual property across multiple sectors,
geology consulting, mining project exploration and evaluation, mining
engineering, mining sector post-graduate instruction, environmental geology,
and a number of other professional or academics-related fields.
Portugal’s complex
and diversified geology provides for noteworthy mineral potential, which leads
to the occurrence of a considerable number of ore, industrial, and ornamental
stone deposits. Presently, Portugal is one of the main European Union’s
producers of copper, tin, and tungsten concentrates—it ranks fifth in the world
after China, Russia, Bolivia, and Australia— and is an important world producer
of ornamental stones.
For more
information, visit: www.coltresources.com
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