Canadian Mining Journal


Colorado hunts for 
high-grade gold at KSP

VANCOUVER — Colorado Resources (TSXV: CXO) has a plethora of targets to choose from at its rugged 305 km2 KSP property in northwest British Columbia, but this year the junior is after high grade gold at the historic Inel showing, 15 km southeast along strike of Skeena Resources’ (TSXV: SKE; US-OTC: SKREF) past-producing Snip mine.

The company expects to begin a 5,000-metre drill program by mid-June, with holes targeting the shallow mineralization down to 150 metres deep.

Colorado president and CEO Adam Travis told The Northern Miner at the Kamloops Exploration Group conference in Kamloops, BC, that the company switched focus from bulk-tonnage porphyry copper-gold targets to vein hosted gold because “in markets like these, grade is king.”

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