Colt Resources intersects 9.98g/t Au over 19.40m, including 45.07g/t Au over 3.0m at its Boa Fé Gold Project, Southern Portugal
Thursday, 19 January 2012 08:50
Colt Resources Inc. announced that it has received final analytical results for the first four holes of its ongoing drilling campaign on its Boa Fé gold project, located within the Company’s 100% owned Boa Fé Experimental Mining License in southern Portugal.
Colt’s initial work program is designed to confirm and expand upon extensive historical drilling and trenching performed by previous operators. The results of this initial phase of drilling will form the basis for an initial NI 43‐101 resource estimate covering several previously drilled gold bearing deposits within the Boa Fé EML which is to be published by mid 2012.