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History

2015
  • Intersected 2.29% Cu over a 7.30 metres true width at its Miguel Vacas copper project.
  • Extra High Property Returned to Company.
  • Convertible Loan to Colt Resources Middle East.
  • Secured a strategic foothold in the Iberian Pyrite Belt.
  • Completed $3.8 million Private Placement.
  • Announced $30 Million Financing Commitment.
  • Colt Resources Middle East acquires a majority stake in three significant Chagai Hills exploration licenses formerly held by Lake Resources in Balochistan, Pakistan.
  • Closed a $2.5 million private placement.
  • Share for Debt Conversion.
  • Issued Shares as part of Settlement Agreement.
  • Announced Shares For Debt Agreement.
  • Provided a Corporate Update on its Associate Colt Resources Middle East.
  • Appointed Sabri Karahan to its Board of Directors.
  • Appointed Former U.S. Ambassador Hans H. Hertell to its Board of Directors.
  • Shares for Debt.
  • Reported further encouraging results from the Gap Zone at its Tabuaço Tungsten Project, Northern Portugal.
  • Strengthens its balance sheet.
  • Earn-in agreement for Boa Fé Montemor Gold Project.
  • Reported first drilling results from Miguel Vacas copper project, within its Borba concession, east central Portugal.
2014
  • Mr. Richard Quesnel appointed as President and CEO of Colt Resources Middle East
  • Completion of the first phase of a drilling campaign initiated in November 2013, intended to support feasibility studies of the two core projects located in Portugal
  • Drilling commenced at the Santo António JV property, currently managed by the Brasilian joint venture partner Contecnica
  • Announced final closing on Middle East unit financing
  • Colt Resources’ Middle East affiliate entered into an exclusivity agreement for Chagai Hills exploration licenses in Balochistan, Pakistan
  • Mr. Declan Costelloe resigned from the company’s board of directors
  • Mr. Richard Quesnel stepped down as executive chairman appointed chair of Colt’s advisory board
  • Completion of infill drilling programs at Boa Fé Gold Project
  • Announced the commencement of infill and resource expansion drilling in Tabuaço Tungsten Project
  • Reported promising new discovery at Tabuaço Tungsten Project
  • Reported encouraging results from the GAP zone at Tabuaço Tungsten Project
  • Announced closing a $2.205M private placement
  • Announced issue shares for debt exchange
  • Announced the resignation of Mr. Declan Costelloe from Executive Vice President and Chief Operating Officer
  • Mr. Joe Tai was elected to the board of directors at 2014 AGM. Messrs. James Ladner, J. Wayne Murton, Nikolas Perrault and Paul Yeou were re-elected
  • Announced the entrance into a letter of agreement with Sunrise Resources Ltd. with respect to its Extra High Property
2013
  • Preliminary Economic Assessment filed on SEDAR for Boa Fé and Montemor Projects
  • Signs MOU with Star Mining on newly awarded Borba License
  • Announces the execution of a binding letter of intent to purchase the Passa Frio property
  • Updated Resource Estimate for the Chaminé and Casas Novas gold deposits and Initial Resource Estimate for the Banhos, Bracos and Ligeiro gold deposits within the Company’s 100% owned Boa Fé EML
  • Initial Resource Estimate for the Monfurado gold deposit within the Company’s 100% owned Montemor exploration license
  • Awarded 2 Experimental Mining Licenses: Tabuaço EML & Santo António EML
  • Awarded 2 additional Exploration Concessions: Borba EC & Cercal EC
  • Receives positive metallurgical results from testwork performed on representative samples taken from the Tabuaço Tungsten Project
  • Announces closing of $2.7 million on second tranche of private placement
2012
  • Richard Quesnel is elected to the Board of Directors
  • Updated NI 43-101 Resource Estimate for Colt’s 100% Tabuaço Tungsten Project
  • Signs JV Agreement with Contécnica – Consultoria Técnica for its Penedono Gold Project
  • Initial NI 43-101 Resource Estimate for the Chaminé and Casas Novas deposits within its 100% Boa Fé Gold Project
  • Donald Ziraldo leaves the Board of Directors and becomes Managing Director of QSPA
  • J. Wayne Murton, a professional geologist, is elected to the Board of Directors
  • Completion of 2012 AGM, where shareholders re-elected Messrs. Jean Depatie, James Ladner, Donald J.P. Ziraldo, Nikolas Perrault, Aurelio Useche, David A. Johnson, and Declan Costelloe as Directors of the Board
  • Announces closing of $8.7 million financings
  • Announce that 13.4 million share purchase warrants exercised into an equivalent number of common shares of the Company for total proceeds of approximately $6 million
  • Continues to strengthen its operations team
2011
  • Submits the Initial NI 43-101 Resource Estimate for its 100% Tabuaço Tungsten Project
  • Earns 100% of the Mining License for the Boa Fé Shear Zone Gold Project
  • Experimental Mining License approved for Boa Fé Gold Project
  • Completes Acquisition of Key Surface Rights for its Tabuaço Tungsten Project
  • Announces $16.6 million bought deal public offering
  • Announces NI 43-101 Technical Report on exploration of the Montemor Gold Project
  • Appoints Jean Depatie as Non-Executive Chairman of the Board of Directors
  • Appoints Declan Costelloe as Executive Vice President and Chief Operating Officer
  • Receives NI 43-101 Technical Report on Santa Margarida do Sado Concession
  • Listed on the TSX Venture Exchange under stock symbol GTP
  • Contracted SRK Consulting to design and implement a comprehensive work program to advance gold and tungsten properties
2010
  • Announces Definition Drilling Program on the Tabuaço Tungsten Project
  • Announces Trenching and Drilling Program on the Turgueira Gold Prospect, Penedono Concession
  • Announces closing of Private Placement
  • Becomes 51% owner and operator of the Montemor Gold Project
  • Appoints Declan Costelloe to the Board of Directors
  • Re-appoints Board of Directors at AGM
  • Announces closing of private placements of $3.5 million
  • Announces Metallurgical Program for the Tabuaço Tungsten Project
  • Listed on the OTCQX
  • Signs Agreement on Advanced Stage Montemor Gold Project
  • Appoints Donald J.P. Ziraldo to the Board of Directors
  • Appoints James Ladner to the Board of Directors
  • Completes closing of a Non-Brokered Private Placement financing announced
2009
  • Acquires 100% of Santa Margarida do Sado concession located on the Iberian Pyrite Belt
  • Focused drilling on Penedono Gold concession
  • Initial drilling on Armamar-Meda tungsten concession
  • Listed on the Frankfurt Exchange under symbol P01
2008
  • Establishes a new management team
  • Strengthens technical team
  • Head office moved from Vancouver to Montreal
  • Production of NI 43-101 Technical Reports for Portugal properties
  • Acquires 4 regional properties in Gaspésie, Quebec
  • Engages in surface exploration and conclusive diamond drilling program at the Penedono gold property
  • Engaged in surface exploration at Armamar-Meda tungsten property
2007
  • Commenced trading on the Canadian National Stock Exchange
  • Acquires Penedono gold concession in Portugal
  • Acquires Armamar-Meda tungsten concession in Portugal
  • Acquires 67% of the Extra High gold concession property in B.C., Canada