FACT SHEET

TSX.V: CXO
COLORADO RESOURCES LTD.
Building Value Through Discovery

COMPANY OVERVIEW
Colorado Resources Ltd. is engaged in the business of mineral exploration for the purpose of acquiring and advancing
mineral properties located in British Columbia and is also seeking opportunities in Southwest USA and Latin America.

Colorado's current exploration focus is to continue to advance: the KSP property currently under option with
Seabridge Gold Inc., located 15 km's along strike to the southeast of the past producing Snip Mine**; its 100% owned
Kingpin property; its 100% owned North ROK property, located 15 km's northwest of the Red Chris** mine
development, both located in northern central British Columbia; the Green Springs Property (Nevada) currently
under option from Ely Gold and Minerals Inc.

COMPANY HIGHLIGHTS
Corporate Structure
⁻ Geologically focused and technically skilled management and board
IPO November 2010
with an excellent track record of success
Shares Outstanding: 80,849,232
⁻ All active projects are in safe, stable, pro-development regions with
Market Capital: $21.02 M (Jan 16, 2017
good infrastructure
Share Price: $0.26 (Jan 16, 2017)
- Largest land holder of any junior explorer in the Golden Triangle
Working Capital: $3.55 M (Sept 30, 2016)
- Targeting high grade gold and porphyry copper gold in the Golden
Triangle, B.C.

2016 HIGHLIGHTS
⁻ 59 holes (8,861.8 m) drilled at KSP in 2016
- Completed expenditures to earn 51% interest in KSP
- 10 holes (1,648.7 m) drilled at Heart Peaks in 2016
- Optioned Green Springs Property in Nevada USA

coloradoresources.22 % Cu.29 g/t Au and 0. WH. West Kelowna. ***Sourced from: Wilson. 687-700. B. Jim Oliver. Heart Peaks Property.C . B.36 % Cu including 6. B. British Columbia TF: (855) 768-1511 Qualified Person: Dr.D. *Cu EQ (copper equivalent) has been used to express the combined value of copper and gold as a percentage of copper and is pro vided for illustrative purposes only. There has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will 110. 1991.37 % CuEq (at 0.C . Green Springs Property. Hit Property. No allowances have been made for recov- ery losses that may occur should mining eventually result.com .55 g/t Au. collected 990 soil and 511 rock samples and completed an additional 50 km² geological mapping. Readers are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on the Company's properties. Geology and Geochemistry of the Green Springs Gold Mine.Carlin style gold system.In 2016. . . B.2300 Carrington Road T: (250) 768-1511 result in the target being delineated as a mineral resource. similar to Kinross’ Bald Mountain Mine** 80 km (50 miles) to the north. GL.54 % Cu and 0.Large land package of 32. eds. 10 km west of North ROK surrounding and adjacent to Skeena Resources’ GJ & Spectrum Properties**.20 % CuEq cut-off*)¹ .Inferred Mineral Resource: 142 million tonnes @ 0. conceptual in nature. Company Chief Geoscientist is the Qualified Person as Canada. Schafer.C . B. RW and Wilkinson. Ph. ¹ Mineral resources that are not mineral reserves do not have demonstrated economic viability. P. . successfully demonstrated that the main zone mineralization continues to depth and also discovered a new zone of copper gold mineralization associated with an untested chargeability anomaly over 400 metres to the southwest of discovery hole NR13-001.C . Kinaskan Property. Lisle.1 million tons averaging 2.648 m 10 hole diamond drill program.191 m. There is no certainty that all or any part of the Mineral Resources estimate will be converted into Mineral Re- serves estimate. 0.861 m over 59 holes.2014 exploration program of 5 diamond drill holes. Only two were previously mined.65)+(Au g/t *42.com E: info@coloradoresources.High grade gold veins similar to the Snip Mine** and Pretivm Resources BruceJack Project** as well as bulk tonnage copper-gold mineralization similar to Seabridge Gold Inc.7 mineralized zones outlined. Copper equivalent calculations herein use metal prices of US $3.37)/71. Nevada in Raines.318 per troy ounce of gold using the formula CuEQ= (Cu%* 71.C . Geological Society of Nevada.825 ha covering 35 mineral occurrences and favorable geology on strike between the past producing Granduc Mine** and Colorado’s KSP Property. North ROK Property. KSM Project** .Land package of 16. KingPin Property. as defined under NI-43-101 has not prepared nor verified the historical information and are treated as historical exploration information Cautionary Note: Readers are cautioned that the exploration targets at the Company’s British CONTACT INFORMATION Columbia properties are early-stage exploration prospects.26 g/t Au and 0.Geo. p.V: CXO KSP Property.5 m of 0. et al. 1. V4T 2N6 F: (250) 768-0849 defined by National Instrument 43-101 who supervised the work program and preparation of the technical data in this brochure. Drilled 8. RE. B. **This brochure contains information about adjacent properties on which Colorado has no right to explore or mine. White Pine County.65 at January 27. 2014. Geology and ore depos- its of the Great Basin – Symposium proceedings: Reno.C . Nevada .2016 exploration included a 1.Past Producing Gold mine. www. totaling 2.1 g/t Au (1988 to 1990)***.804 ha. Historical information contained in this release cannot be relied upon as the Company’s QP.25/lb of copper and US $1.2015 exploration program identified previously unrecognized gold po- tential in the known copper porphyry setting with chip samples returning 15.0 m of 0. COLORADO RESOURCES PROJECTS TSX.