Colt Resources Intersects 0.76% WO(3) Over 12.59m At Its Tabuaço Tungsten Project

Colt Resources Inc. (TSXV:GTP,FRA:P01,OTCQX:COLTF)  announced it has received final analytical results for nine holes at its Tabuaço tungsten project.

The press release is quoted as saying,

These results are part of an ongoing drilling program designed to provide data on the internal grade and structural consistency of the deposit and to test for lateral extensions of several richly mineralized skarn horizons.

Colt’s current drilling program is designed to confirm and expand the historical, non NI 43‐101 compliant resource estimate of 1 million tonnes grading 0.87% WO₃ (SPE‐BRGM JV, early 1980′s). These, and previously reported, results indicate that the deposit is open in all directions and that grades and thicknesses are increasing as one steps away from the historical resource zone.

For the complete press release, click here.