TSXV: CXO www.coloradoresources.com November 2013 Exploration Projects- Iskut Area, BC Corporate Update- November 2013 Building Value Through Discovery
TSXV: CXO www.coloradoresources.com November 2013 CAUTIONARY STATEMENT Readers should not rely on information in this summary for any purpose other than for gaining general knowledge of Colorado Resources Ltd. ( Colorado ). This summary may include forward-looking statements as well as historical information. Forward-looking statements include, but are not limited to, the advancement of mineral exploration, development and operating programs. The words potential, anticipate, forecast, believe, estimate, expect, may, project, plan and similar expressions are intended to be among the statements that identify forward-looking statements. Although Colorado believes that its expectations as reflected in any forward-looking statements, are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. For further information on the nature of such risks and uncertainties, refer to Colorado s Management Discussion and Analysis, a copy of which may be obtained from Colorado s website at www.coloradoresources.com or on the SEDAR website at www.sedar.com. The information contained in this summary was current at the date of publication. Colorado does not warrant or make any representations as to the ongoing accuracy of this information, the validity or completeness of any facts or information contained in this summary. Colorado may revise this information in subsequent publications but does not assume the obligation to update any information. Colorado shall not be liable or responsible for any claim or damage, direct or indirect, special or consequential, incurred by the reader arising out of the interpretation, reliance upon or other use of the information contained in this summary. This information is not intended to be and should not be construed in any way as part of an offering or solicitation of securities. No securities commission or other regulatory authority in Canada, the United States or any other country or jurisdiction has in any way passed upon the information contained in this summary.
TSXV: CXO www.coloradoresources.com November 2013 SHARE STRUCTURE Initial Public Offering -November 2010 Shares Outstanding: 45,087,993-308,750 Escrowed Fully Diluted: 56,082,026 - Options Outstanding: 3,435,000 Weighted Average Price: $0.59 - Warrants Outstanding: 7,559,033 Weighted Average Price: $0.10 Market Capital: $12.85M Share Price: $0.285 (as at November 1, 2013) Working Capital: $5.7M June 30, 2013 Financial Statements
INVESTMENT HIGHLIGHTS Geologically focused and technically skilled management and board with excellent track record of success. Board (5) has ~150 years combined experience Management team (4) has ~100 years combined experience Worked on mines such as: Snip, Eskay Creek, Brewery Creek, Gibraltar, Mt. Milligan and countless advanced exploration projects. All active projects in BC and the Yukon are in safe, stable, pro-development regions with good infrastructure: BC Projects: North ROK, Eldorado, Kinaskan, Hit, Heart Peaks Yukon Projects: Oro Partnered with major mining company Gold Fields as operator on the Oro Property, Yukon. New copper-gold porphyry discovery on the North ROK property in Northern BC: Discovery hole NR13-001: 242m of 0.63 % Copper and 0.85 g/t Gold in First Drill hole at North ROK [April 2013]. Low Dilution and strong cash position for a company at this stage of success. TSXV: CXO www.coloradoresources.com November 2013
Name Open Pit BC Porphyry Copper-Molybdenum- Gold -Silver Mines (2013) and Advanced Development Projects Reserves MT (Proven & Probable) Cu % Mo % Au g/t Ag g/t Production Tonnes/day Resources MT (M & I) Cu % Mo % Au g/t Ag g/t Highland Valley 697.4 0.294 0.008 138,000 906.8 0.253 0.009 Gibraltar 790.0 0.300 0.008 85,000 938.0 0.300 0.008 Mt. Milligan 482.4 0.200 0.388 60,000 706.7 0.182 0.330 Endako 331.1 0.046 55,000 63.2 0.030 Copper Mountain 232.8 0.360 0.090 1.250 35,000 518.6 0.310 Mt. Polley 93.1 0.297 0.299 0.620 20,000 411.2 0.482 0.294 0.812 Huckleberry 49.9 0.334 0.009 16,000 180.7 0.315 0.006 Average Mine 382 0.26 0.01 0.11 0.27 58,429 532 0.26 0.01 0.09 0.12 Red Chris 301.5 0.359 0.274 ~1 40000 * 936.2 0.374 0.385 1.224 New Prosperity 831.0 0.230 0.410 1,010.5 0.240 0.410 Galore Creek 528.0 0.590 0.320 286.7 0.328 0.278 Shaft Creek 940.8 0.270 0.018 0.190 1.720 1,228.6 0.260 0.017 0.190 1.690 KSM 2,779.9 0.210 0.005 0.550 2.900 Source: Imperial Metals website ( Red Chris, Huckleberry, Mt. Polley), Copper Mountain website, Taseko Mines website (Gibraltar, New Prosperity), Mt. Milligan -Thompson Creek website, Teck website ( Highland Valley, New Prosperity), Copper Fox website ( Shaft Creek), Seabridge website ( KSM) * = planned production Fall 2014 Gibraltar Mine Source: www.tasekomines.com
Northwest B.C Infrastructure Northwest Transmission Line Imperial Metals Extension Line AltaGas Hydroelectric Project Port of Stewart Districts nearby District of Stewart District of Terrace District of Smithers - 344km from Terrace to Bob Quinn Lake - $736-746 Million - End date: May 2014-93km from Bob Quinn Lake to Tatogga - $52 Million (cost recovered when completed from government) - 195 MW - $725 Million - Completed end of 2013- deliver power to grid by mid-2014 Most northerly ice free port Port is 2km south of the town of Stewart Stewart to North ROK- 305km Population 494 Terrace to North ROK- 495km Population 15,474 Smithers to North ROK- 512km Population 5,404 *sources: www.bchydro.com, www.imperialmetals.com, www.altagas.ca, www.stewartworldport.com, www.districtofstewart.com, www.terrace.ca, www.smithers.ca
Imperial Metals Red Chris Mine Development Port of Stewart -Mine start-up mid-2014-28 year mine life -Construction costs $500Million -Canal is 80-90miles from ocean -Mineral concentrate load out -305km from North ROK Source: www.districtofstewart.com Forrest Kerr Hydroelectric Project Source: www.imperialmetals.com North West Transmission Line -344km from Terrace- Bob Quinn Lake -$736-746Million -End date May 2014-195MW -$725 Million -End date January 2013
ISKUT AREA MAP, BC Size of Properties in Iskut Area, BC Imperial Metals Castle Property West Cirque/Freeport JV 22,947 ha (excludes power line) 19,550 ha (excludes Bowser Teck/NGEX Basin Sediments) Colorado Resources Exploration Drill Hole NR13-001 242m @ 0.63% Cu & 0.85g/t Au 30,008 ha 27,721 ha Exploration Drill Hole EL13-004 71.3m @ 0.14% Cu & 0.33g/t Au ROK Property OZ Minerals/ Firesteel JV GJ Property Teck/NGEX JV Imperial Metals active mine development 43-101 compliant reserve of 300 million tonnes of 0.359% Cu & 0.274g/t Au 43-101 compliant measured and indicated resource of 153.3 million tonnes of 0.321% Cu &0.369g/t Au Imperial Metals active power line construction TSXV: CXO www.coloradoresources.com November 2013
NORTH ROK PROPERTY Hole NR13-001 242m @ 0.63% Cu & 0.85g/t Au TSXV: CXO www.coloradoresources.com November 2013
TSXV: CXO www.coloradoresources.com November 2013 NORTH ROK PROPERTY Initial $126,000 2012 program, consisted of limited soil and rock samples, and modest geophysical program, which followed up on one rock sample taken by a government geologist in 1996. Spring $150,000 2013 exploration program consisted of 2 drill holes which lead to the discovery hole of 242m of 0.63% copper and 0.85 g/t gold in NR13-001 announced April 25, 2013. Subsequent drilling lead to mineralized intercepts in 10 of 13 drill holes, for a combined total of 1,801m that returned an average value of 0.3% Cu and 0.37 g/t Au that was reported on August 28, 2013. As announced on October 1, 2013 Colorado has completed 8,655m of drilling in 22 holes (NR13-019 to 029 results pending) and analyzed 3,473 core samples. Colorado has recently completed the 2013 drill program (29 drill holes 11,448m) on the North ROK property, and is adequately financed and permitted to complete the 2014 program.
NR13-017 to 011 NR13-027 to 001 NR13-008 to 013
TSXV: CXO www.coloradoresources.com November 2013 Oblique Longitudinal Section (090) Hole NR13-027 to 008 200m Ground Mag High Chargeability High High Resistivity High Resistivity
TSXV: CXO www.coloradoresources.com November 2013 Oblique Longitudinal Section (090) Hole NR13-027 to 008 200m OVB OVB KF KF Ground Mag High QSP Chl QSP KF QSP Chargeability High QSP High Resistivity QSP High Resistivity
TSXV: CXO www.coloradoresources.com November 2013 040 Cross Section Hole NR13-017 to 011 200m Chargeability High KF (1) Ground Mag High High Resistivity
TSXV: CXO www.coloradoresources.com November 2013 040 Cross Section Hole NR13-017 to 011 200m QSP QSP Chargeability High KF (3) QSP KF (2) Chl KF (1) KF (2) Ground Mag High High Resistivity
TSXV: CXO www.coloradoresources.com November 2013 040 Cross Section Hole NR13-008 to 013 200m Chargeability High High Resistivity Ground Mag High High Resistivity
TSXV: CXO www.coloradoresources.com November 2013 040 Cross Section Hole NR13-008 to 013 200m Felsic Dyke Chl Chargeability High MDp QSP MDh KF (3) KF (3) KF (1) High Resistivity Ground Mag High EK (3) High Resistivity
Plan 1100 M Plan 1050 M Modelled Chargeability Level Plans TSXV: CXO www.coloradoresources.com November 2013
Plan 1000 M Plan 950 M Modelled Chargeability Level Plans TSXV: CXO www.coloradoresources.com November 2013
Plan 900 M Plan 850 M Modelled Chargeability Level Plans TSXV: CXO www.coloradoresources.com November 2013
Plan 800 M Plan 750 M Modelled Chargeability Level Plans TSXV: CXO www.coloradoresources.com November 2013
Plan 700 M Plan 650 M Modelled Chargeability Level Plans TSXV: CXO www.coloradoresources.com November 2013
Photos taken October 15, 2013
TSXV: CXO www.coloradoresources.com November 2013 2013 EXPLORATION SUMMARY North ROK, BC Porphyry Copper Gold In 6 months since the discovery hole Colorado has expanded one of BC s newest Porphyry Copper-Gold discoveries, completed over 11,448m of drilling, 208km airborne survey, 69 line km of IP, 101km ground magnetic survey, 1,572 soil samples, and 10 2 km of geological mapping. Eldorado, BC Porphyry Copper Gold 2013 drill holes EL 13-004 and 005, tested a 150 x 900m magnetic anomaly in the center of the IP anomaly. The drill holes intersected strongly potassically altered, copper-gold mineralized monzonite with an intercept of 71.3m of 0.14% Cu and 0.33g/t Au at the bedrock/till interface. Oro, Yukon Carlin Gold Gold Fields JV- $2M drill plan for 2013. Numerous other exploration projects adjacent to active drill programs by other companies. Core shack at North ROK Crew- looking south on HWY 37 Drilling at Eldorado Management at motel with North ROK in background Exploration trail to Drill
Building Value Through Discovery Colorado Resources LTD #110 2300 Carrington Road West Kelowna, British Columbia Canada V4T 2N6 Phone: (250) 768-1511 Fax: (250) 768-0849 Toll Free: (855) 768-1511 info@coloradoresources.com www.coloradoresources.com