Colt Resources
EUROPE
Since 2007 Colt has carried out extensive outcrop sampling work
indicated resources of 340,310oz and inferred resources of 84,200oz of gold . It has an estimated 11 kilometres of gold mineralisation .
Initial metallurgical test work has demonstrated that the gold at Boa Fé is readily recoverable using a combination of conventional methods such as gravity , flotation and cyanide technologies , with Colt looking to start production by the end of 2015 .
The Tabuaço Experimental Mining Licence ( EML ) in North-Eastern Portugal covers a total area of 45.13 square kilometres . Since 2007 Colt has carried out extensive outcrop sampling work , and then embarked on an exploration and evaluation diamond drilling program which to date involved in excess of 100 drill
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