Heart Peaks Property
TSXV: CXO
PROPERTY SUMMARY
Suite #110—2300 Carrington Road
West Kelowna, British Columbia
Canada, V4T 2N6
www.coloradoresources.com

Target: High grade low sulphidation gold-silver mineralization with potential also for bulk tonnage gold mineralization.

The 14,396 hectare Heart Peaks property is owned 100%
by Colorado Resources Ltd. and is located approximately
45 kilometers northeast of the past producing Golden
Bear Mine in northern British Columbia. Access is accessible via helicopter from Atlin or Dease Lake.

The exploration work completed to date by the Company
demonstrates that the gold and silver mineralization
found at Heart Peaks occurs at a very high level within a
large 3 kilometer by 6 kilometre deep rooted epithermal
system. Gold mineralization within this large system is
focused within two lithologically and structurally defined
corridors: the east-west trending 2 kilometre long Top
Zone to Midas Zone corridor and the north trending 3 km
long corridor bounded by the Mogul East and Mogul
West fault systems.
CONTACT INFORMATION
T: (250) 768-1511
TF: (855) 768-1511
F: (250) 768-0849
E: [email protected]
TSXV:CXO
PREVIOUS WORK

The first recorded work on the property was in 1980. In 1984 Kerr Addison Mines drilled 8 holes on
the property, one of which intersected 115 metres of 0.47 g/t gold at an area called the Top Zone. A
further two holes were drilled on
peripheral conceptual targets in
1995, but no other drilling has
been completed on this very

large alteration system.
In 2011 Colorado Resources
completed programs of airborne
geophysics, satellite image analysis and prospecting on the
property. This work confirmed
the presence of high grade gold
and silver mineralization at the
Top Zone with sampling returning values up to 31.6 g/t gold
and 4,282 g/t silver. The 2011
program also discovered a new
area of high grade mineralization on the property named the
Midas Zone. Three of only five samples collected from the Midas zone in 2011 returned values of 4.7
g/t, 8.5 g/t and 10.4 g/t gold, with 23 g/t, 60 g/t and 32 g/t silver, respectively.
EXPLORATION RESULTS

Prospecting by the Company at the Midas Zone in 2012 discovered grab samples with visible gold
that returned values up to 126 g/t gold. Precious metal values from 55 rock samples collected over a
100 by 200 metre area at the Midas Zone ranged from 0.035 g/t to 126 g/t gold and 0.6 g/t to 338 g/
t silver. The average value for these samples was 3.6 g/t gold and 22.4 g/t silver.

The 2012 soil sampling program identified several areas of significant gold – silver mineralization. The
largest gold geochemical anomaly, defined by the 95th percentile (170 ppb) gold value, is 200 to 300
metres wide and extends north from the Top Zone for 1300 metres. The southern 600 metres of this
gold anomaly is also coincident with anomalies defined by the 98th percentile silver and 95 th percentile arsenic values (6 ppm and 900 ppm respectively).

Detailed mapping has shown that the distribution of gold mineralization at Heart Peaks is controlled
both by structure and lithology. Structural control is demonstrated by the association of higher temperature alteration minerals and gold mineralization with two prominent parallel north trending structures – the Mogul Fault East and the Mogul Fault West.

The IP survey demonstrated that the Top and Quartz Hill Zones are underlain by a very strong chargeability and resistivity anomalies. The IP anomalies extend to depth for at least 300 m and are coincident with the gold soil anomaly identified at the Top Zone. The high chargeability could be indicating the presence of sulfide mineralization while the highly resistive response is likely reflecting strong
silicifcation of the underlying rocks.
FUTURE PLANS
Exploration to date by Colorado Resources has defined two large drill ready target areas which will be the
focus of further exploration at Heart Peaks:

The north trending 3 kilometer long Top Zone to Mogul Zone corridor,

The 2 kilometer long east trending Top Zone to Midas Zone corridor.
Potential exists along these corridors to discover both lithologically controlled bulk tonnage low grade
gold mineralization and structurally controlled high grade gold and silver mineralization. A minimum 10
hole, 2000 m program is recommended to test these targets.
Heart Peaks Property
TSX-V: CXO
OFFICERS & DIRECTORS
Adam Travis
Jim Oliver
Greg Dawson
- Vice President of Exploration
Linda Dandy
- Exploration Manager, BC & Yukon
Terese Gieselman
John Spurney
- CFO, Secretary & Director
- Exploration Manager, Latin America
Lawrence Nagy
Robert Cathro
- Technical Advisory Committee
Brian Flower
Patrick Soares
- Technical Advisory Committee
Carl Hering
Michael Cathro
- Technical Advisory Committee
- Chief Geoscientist
- President, CEO & Director
- Chairman & Director
- Director
- Director
Suite #110—2300 Carrington Road
West Kelowna, British Columbia
Canada, V4T 2N6
www.coloradoresources.com
CONTACT INFORMATION
T: (250) 768-1511
TF: (855) 768-1511
F: (250) 768-0849
E: [email protected]
TSXV:CXO