Colt Resources Inc. (CVE:GTP,FRA: P01,OTC: COLTF) reports an operational update for its projects in Portugal.
Colt Resources Inc. (TSXV:GTP,FRA: P01,OTC: COLTF) reports an operational update for its projects in Portugal.
The press release is quoted as saying,
At Tabuaço, Colt’s exploration team has identified a tabular, gently dipping, skarn hosted tungsten deposit within its Armamar Meda Concession in Northern Portugal. The tungsten (W) occurs in the mineral, Scheelite (CaWO4) which can be recovered and concentrated using conventional processing methods.
Colt’s President and CEO, Nikolas Perrault says,
Colt is focused on rapidly advancing its gold, tungsten and base metal projects. We have a highly experienced and dedicated team in place in Portugal and we have great confidence in their abilities to deliver positive results through aggressive exploration at our advanced stage assets.