Colt Resources Almost Doubles Indicated Resources At Tabuaço Tungsten Project

Posted on October 4, 2012 by miningreports-admin

Colt Resources’ (CVE:GTP) (FRA:P01) (OTCQX:COLTF) stock rallied today after it released an updated resource estimate for its Tabuaço tungsten project in the Armamar‐Meda concession in northern Portugal.
Shares in the junior mineral explorer rose almost 6 per cent this afternoon to 54 cents.

“We are very pleased with this updated estimate which has been focused only on a portion of a larger zone of mineralization at Tabuaço which remains open,” said company president and CEO, Nikolas Perrault.

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