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Developing Portugal's Next Gold and Tungsten Mines - PrecisionIR

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TSX-V: GTP<br />

FRANKFURT: P01<br />

OTCQX: COLTF<br />

November, 2012<br />

<strong>Developing</strong> Portugal’s <strong>Next</strong><br />

<strong>Gold</strong> <strong>and</strong> <strong>Tungsten</strong> <strong>Mines</strong><br />

An experienced <strong>and</strong> dynamic<br />

management team<br />

A significant l<strong>and</strong> package - currently<br />

one of the largest holders of mineral<br />

claims in Portugal, a safe jurisdiction<br />

WHY PORTUGAL<br />

Mining friendly country with exceptional mineral potential,<br />

remains largely overlooked <strong>and</strong> underexplored<br />

World-class infrastructure; properties are close to roads, water, power<br />

<strong>and</strong> port facilities<br />

Excellent government relationships at all levels; low political risk<br />

Available, experienced labor force<br />

Access to European Union <strong>and</strong> Portuguese government<br />

financial incentive programs<br />

BOA FÉ / MONTEMOR PROJECTS<br />

ADVANCED STAGE GOLD PROJECTS<br />

Located 95 km east of Lisbon.<br />

Near surface gold deposits located along a major shear zone: > 30 km.<br />

Historical work includes over 500 trenches <strong>and</strong> over 1,000 drill holes.<br />

SRK Consulting produced NI43-101 report March 4, 2011 <strong>and</strong> Initial NI 43-<br />

101 resource estimate Press Release July 3, 2012.<br />

The Boa Fé / Montemor exploration concession is a prospective area containing<br />

multiply deposits identified historically. Colt’s initial NI 43-101 compliant<br />

resource estimate for two deposits within the Boa Fé license area has<br />

reported Indicated Resources of 214,000 oz (4.23mt @ 1.57g/t Au) <strong>and</strong><br />

Inferred Resources of 15,400 oz (0.21mt @ 2.36g/t Au). Aggressive program<br />

currently underway to upgrade a Sub-Million Ounce Mining Project to<br />

a potentially World Class Multi-Million Ounce Mining District.<br />

Historical mainly shallow drilling <strong>and</strong> trenching mostly focused on 18km<br />

strike length (Boa Fé belt) out of an estimated total extent of over 111km of<br />

gold mineralized belts. Montemor Shear Zone hosts several shear corridors<br />

favorable for gold mineralization.<br />

The current license area (Boa Fé experimental mining license, or Boa Fé<br />

license area) encompasses 47 km 2 , with an additional 732km 2 of exploration<br />

concession (Montemor exploration concession) staked surrounding the<br />

Boa Fé license area.<br />

The much larger exploration concession appears to hold significant potential,<br />

given the postulated extension of the currently defined Boa Fé shear<br />

zone in the experimental mining license area.<br />

A GOLD COMPANY CREATED ED BY INVESTORS FOR INVESTORS


TABUAÇO TUNGSTEN PROJECT<br />

HARVESTING THE VALUE OF OUR TUNGSTEN<br />

Located in the Armamar-Meda concession which covers 109 km 2 in north<br />

central Portugal.<br />

<strong>Tungsten</strong> is found as fine to coarse disseminations of scheelite within skarn<br />

horizons. The skarns are virtually devoid of sulphides <strong>and</strong> contain very low<br />

molybdenum, which is very favorable for potential mineral processing.<br />

Preliminary metallurgical test-work suggests potential for high recovery<br />

using conventional processing methods Press Release March 2, 2011.<br />

High grade mineralization reported including: 1.50% WO 3 over 10.01m <strong>and</strong><br />

0.93% WO 3 over 13.34m including 1.05% WO 3 over 8.74m Press Release<br />

September 18, 2012<br />

Updated NI 43-101 Resource Estimate Prepared by SRK (UK) <strong>and</strong> SRK<br />

(exploration services) with inputs from SRK (Denver) Press Release October<br />

3, 2012.<br />

Indicated resources total 1,495,000 tonnes with an average grade of 0.55%<br />

WO 3 .<br />

Inferred resources total 1,230,000 tonnes with an average grade of 0.59%<br />

WO 3 .<br />

Cut off grade of 0.3% WO 3.<br />

TABUAÇO DRILLING HIGHLIGHTS<br />

SKARN<br />

OUTCROP<br />

Muscovitic Granite<br />

Skarn Outcrop (mapped)<br />

Skarn Outcrop (inferred)<br />

Carbonate Outcrop (mapped)<br />

Aplite—pegmatite outcrop<br />

(mapped)<br />

Extent of Mineralization<br />

SPE-BRGM drill collar<br />

COLT drill collar<br />

Major Fault (strike-slip)<br />

Inverse Fault<br />

NEAR TERM<br />

OUTLOOK (2012)<br />

Definition drilling program currently underway<br />

Project being fast tracked towards pre-feasibility<br />

TABUAÇO<br />

EXPLORATION<br />

CAPITAL STRUCTURE<br />

Outst<strong>and</strong>ing:<br />

129 million<br />

Fully diluted:<br />

147 million<br />

Current share price*: $0.48<br />

52-week high-low*: $0.63 – $0.37<br />

Market capitalization*:<br />

$62 million<br />

Average exercise price of<br />

$0.47 per share<br />

warrants <strong>and</strong> options:<br />

Significant Management Ownership & Strong Shareholder Base<br />

* As of November 4 th , 2012<br />

MANAGEMENT DIRECTORS EUROCOLT RESOURCES LDA.<br />

CONTACT INFORMATION<br />

Nikolas Perrault<br />

President & Chief Executive Officer<br />

Aurelio Useche<br />

Chief Financial Officer<br />

Declan Costelloe<br />

Executive VP & Chief Operating Officer<br />

David A. Johnson<br />

Chief Legal Officer & Corporate Secretary<br />

Filipe Faria<br />

VP Exploration, Portugal<br />

João Carlos de Sousa<br />

VP Operations, Portugal<br />

Luís Martins<br />

Advisory Board Chairman, Director<br />

Business Development Europe<br />

Jorge Valente<br />

VP Engineering <strong>and</strong> Development<br />

Phone +1-514-843-7178<br />

Jean Depatie, Montreal<br />

James Ladner, Zurich<br />

Nikolas Perrault, Lisbon<br />

Aurelio Useche, Montreal<br />

Declan Costelloe, Lisbon<br />

David A. Johnson, Montreal<br />

J. Wayne Murton, Kelowna<br />

SPECIAL ADVISOR<br />

Arthur Lipper<br />

Todd C. Hennis<br />

Mikhail Gurfinkel<br />

Wenzhao Connie Wang<br />

Donald J.P. Ziraldo<br />

(The wholly owned subsidiary of COLT in<br />

Portugal)<br />

Jorge Valente, President <strong>and</strong> CEO<br />

TECHNICAL ADVISOR<br />

SRK Consulting Technical Advisors,<br />

Independent<br />

Nikolas Perrault, CFA<br />

President <strong>and</strong> CEO<br />

nperrault@coltresources.com<br />

Cell: +351-9161-50926<br />

Natalia Sokolova<br />

VP, Investor Relations<br />

nsokolova@coltresources.com<br />

Cell: +1-917-574-2312<br />

Christophe Romary<br />

VP, Business Development<br />

cromary@coltresources.com<br />

Cell: +1-514-913-7483<br />

Fax +1-514-843-7704 info@coltresources.com www.coltresources.com<br />

A GOLD COMPANY CREATED ED BY INVESTORS FOR INVESTORS

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