Colorado Resources Files NI 43-101 Technical Report for North ROK

Colorado Resources Ltd. (TSXV:CXO) announced that it has filed on SEDAR an independent NI 43-101 technical report for its North ROK copper-gold deposit, located in British Columbia.

As quoted in the press release:

The Report with an effective date of January 27, 2014, was prepared in accordance with NI-43-101 guidelines and CIM Standards, by independent qualified persons. The Report was authored by Mr. Mark Rebagliati BSc., P.Eng. of Rebagliati Consultants Ltd. while the resource estimate was completed by Mr. Gary Giroux, P.Eng. of Giroux Consultants Ltd. Using a 0.20 % Copper Equivalent cut-off the inferred resource totals, 142.3 million tonnes averaging 0.22 % copper and 0.26 g/t gold which contain 690.30 million pounds of copper and 1.19 million ounces of gold.

Adam Travis, president and CEO of Colorado Resources, commented:

The completion of this 43-101 Report is an important milestone in Colorado’s relatively short 3 year history as we add an inferred resource of over a million ounces of gold and nearly 700 million pounds of copper to our asset base. Colorado remains committed to further develop and expand North ROK’s mineral resources and continue to advance shareholder value through continued discoveries.

Click here to read the full Colorado Resources Ltd. (TSXV:CXO) press release.