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Tuesday, May 06, 2014 4:47:52 PM
In the space of just three years, Montreal-based Colt Resources has emerged as a leading gold and tungsten mining exploration and development company in the growing Portuguese resource market. Leveraging close ties with the Portuguese government, the company is aggressively developing two advanced-stage projects: the north-central-Portugal-based Tabuaço Tungsten Project and the Boa Fé Gold Project, located approximately 95 kilometers east of Lisbon, Portugal. Both projects are 100% owned by Colt Resources, are readily accessible, and have excellent infrastructure for operations coordination and resource transportation. Building on top of its efforts in Portugal, Colt Resources has also set up a strategic presence in the Middle East.
Colt Resources projects that these two advanced-stage projects will be in production in the next eighteen to thirty-six months, respectively. For coordination of its operations, in addition to corporate headquarters in Montreal Colt Resources maintains administrative and field offices in Beloura, Tabuaço and Escoural, Portugal.
Colt Resources’ management team boasts of 180 years of combined professional expertise. Mr. Nikolaus Perrault heads Colt Resources as company President and CEO. In this role, Mr. Perrault draws upon over 15 years of experience in wealth management and financial analysis with some of Canada’s largest financial institutions, including National Bank, Merrill-Lynch, CIBC, and Scotia Capital. Throughout his career, Mr. Perrault has maintained a global focus on small cap resource companies, which has allowed him to develop an extensive international network. In May 2007, he founded a management consulting company that provides strategic advice to early-stage energy and resource companies.
Mr. Perrault also serves as an independent director for TSX-listed Calvalley Petroleum as well as NEX-listed Bitumen Capital. For his educational background, he holds a Bachelor of Commerce and a Chartered Financial Analyst designation, which he received in 1997. Colt Resources’ seven other leadership team members leverage experience in the exploration and mining industry as well as across multiple other industries. They have experience in: senior management, financial reporting, financial advisement, multinational mining and oil & gas consultation, geology, portfolio management, legal work in corporate law, commercial transactions, and intellectual property across multiple sectors, geology consulting, mining project exploration and evaluation, mining engineering, mining sector post-graduate instruction, environmental geology, and a number of other professional or academics-related fields.
Portugal has a complex and diversified geology with a considerable mineral potential, which leads to the occurrence of a considerable number of ore, industrial, and ornamental stone deposits. At present, Portugal is one of the main EU producers of copper, tin, and tungsten concentrates—it ranks fifth in the world after China, Russia, Bolivia, and Australia— and is an important world producer of ornamental stones.
For more information, visit: www.coltresources.com
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