Colt Resources, Inc. (GTP)

Colt Resources is Canadian exploration and development company with two advanced stage projects in Portugal: the Boa Fé gold project and the Tabuaço tungsten project. Drilling programs are proceeding at both properties with positive assay results having been announced 14 times thus far in 2012. The company has been very successful in obtaining equity capital to finance the exploration and development of these gold and tungsten projects. Both Boa Fé and Tabuaço have NI 43-101-compliant estimated resource reports. We initiate coverage of Colt Resources with an Outperform rating.

Company Data

Industry: Energy & Metals

IR Contact: Natalia Sokolova – VP, Investor Relations

Email Address: This email address is being protected from spambots. You need JavaScript enabled to view it.

Phone: (514) 843-7178

Address: 2000 McGill College Avenue, Suite 2010 Montreal, Quebec, Canada H3A 3H3

Fiscal Year End: December, 31st

Executives: Nikolas Perrault – President & Chief Executive Officer, Aurelio Useche – Chief Financial Officer, Declan Costelloe – Executive Vice President and Chief Operating Officer, David A. Johnson – Chief Legal Officer and Corporate Secretary, Filipe Faria – Vice President of Exploration, João Carlos Gaspar de Sousa – Vice President of Operations, Jorge Valente – Vice President of Engineering and Development