Mining News: Northern Neighbors: Colorado gets started at KSP, strong results begin to roll in

Colorado Resources Ltd. July 18 posted results from eight holes drilled at the Inel zone on the KSP property under option with Seabridge Gold Inc. Highlights from the drilling include: INDDH16-001 cut 11 meters averaging 6.12 grams per metric ton gold, 45.74 g/t silver and 2.18 percent zinc; INDDH16-002 cut 5.6 meters averaging 6.27 g/t gold, 2.79 g/t silver and trace zinc; and INDDH16-006 cut 5.4 meters averaging 5.7 g/t gold, 10.11 g/t silver and 1.53 percent zinc. A total of 37 holes have been completed since drilling began at Inel on June 19. “What an incredible first month we have had up at KSP getting a jumpstart on the exploration season with one drill rig completing 5,000 meters in 37 drill holes in just 30 days of drilling,” said Colorado President and CEO Adam Travis. “We started work almost a month ahead of other explorers in the area so that we have lots of exploration season left to follow up on these very encouraging early results. With sufficient working capital on hand, we plan to keep drilling and are well on our way to earning majority control of one of British Columbia’s best exploration projects.”

-Shane Lasley