Colorado Resources Expands to Include ROK-COYOTE Copper Gold Property

Colorado Resources (TSXV:CXO) (“Colorado” or the “Company”) announces it has entered into a purchase agreement, (the “Agreement”) with Firesteel Resources Ltd. (“Firesteel”) (TSX VENTURE:FTR) to acquire a 100% interest in the ROK-COYOTE copper gold property (the “ROK-COYOTE Property”)
The ROK-COYOTE Property is located approximately 10 km northwest of Imperial Metals Red Chris1 mine development and within a district which hosts several significant gold-copper mines1 and occurrences including Red Chris, North ROK3, and GJ1. The ROK-COYOTE property occurs immediately south and east on trend of Colorado’s North ROK property and immediately north and west of Imperial Metals Red Chris property. The combined property doubles the prospective strike along the North ROK porphyry trend south easterly towards the border with Imperial Metals’ Red Chris1 property.
As quoted in the press release:

Adam Travis, Colorado President and CEO states, “While our focus continues on advancing KSP and reaching our 80% interest, we are very pleased prior to commencement of our 2017 field season to be able to consolidate the North ROK and ROK-Coyote Projects. This has significantly expanded the prospective trend between our North ROK porphyry discovery and Imperial Metals Red Chris mine development and maintains our belief in the opportunities in the Golden Triangle area. We believe that our technical team with our experience at North ROK is uniquely positioned to advance copper-gold exploration targets on this additional ground. Through our Communication Agreement with the Tahltan Nation and experience in the local area we will continue to ensure that exploration work is conducted to the highest standards and respect for local communities.”

Click here for the full text release