Colorado Goldfields Inc. (fka CGFI)

[cajun_star]

"Exploration, geological and assay results performed by Aurelio confirmed mineralization containing more than 0.2 ppm gold. The study also estimated that the mineralization area could be as large as 700 meters in east-west direction and 600 meters north to south. With a vertical dimension of 150 meters, the target contains 200 million tones of gold bearing ore. Surface assay values within the target area are generally between 0.2 and 1.2 ppm gold. Using an average of 0.7 ppm, the total gold potential is 4.4 million ounces, representing $5.2 billion at today's market price of $1,180."