1. Developing Europe’s Next
Gold and Tungsten Mines
TSX-V: GTP
FRANKFURT: P01
OTCQX International: COLTF
A GOLD COMPANY CREATED BY INVESTORS FOR INVESTORS
2. Forward-looking Statements
Except for historic information, the matters discussed in this
presentation contain forward-looking statements. These
statements involve known and unknown risks, delays,
uncertainties and other factors not under the Corporation’s
control that may cause actual results, levels of activity,
performance or achievements to be materially different from
the results, levels of activity, performance, achievements or
expectations expressed or implied by these forward-looking
statements.
2
3. Who We Are
A Gold Company Created by Investors for Investors
An experienced and dynamic management team
The second largest holder of mineral exploration rights in
Portugal
Currently 51% owner of an advanced development stage
gold project in southern Portugal with EML mining license
under application. When mining license is granted, Colt
becomes 100% owner
High-grade gold and tungsten projects in northern Portugal
A large concession in the very prolific Iberian Pyrite Belt
surrounded by known VMS deposits
3
4. Management Team
DIRECTORS AND OFFICERS DIRECTORS
Nikolas Perrault, CFA Declan Costelloe, Denver
Chairman, President and CEO James Ladner, Zurich
Mario Justino, M.Sc., P.Geo. Donald J.P. Ziraldo, Toronto
Vice-President Exploration David Johnson, Montreal
J. Wayne Murton, Vancouver
Aurelio Useche, CMA
Director & Chief Financial Officer
ADVISORY BOARD
Jean Depatie, Montreal
MANAGEMENT EXPERIENCE Kevin Ernst, New York
John D. Redfern, Montreal
17% BUSINESS Todd C. Hennis, Golden
33% MINING
EUROCOLT RESOURCES LDA.
50% FINANCE (the wholly owned subsidiary of
COLT in Portugal)
Jorge Valente,
President and CEO
4
5. Share Structure1
TSX-V: GTP
FRANKFURT: P01 Colt Resources Inc. (GTP-CNSX)
OTCQX: COLTF Historical Share Price (1 year)
Shares outstanding 54.5 million
Shares fully diluted 90.3 million
Current share price $0.65
52-wk high – low $0.85 – $0.20
Market capitalization $35.4 million
Average exercise price of
$0.35 per share
warrants and options
1As of Feb. 4, 2011 CAN$
Significant management ownership and strong shareholder base:
5
7. Why Portugal?
Mining-friendly country with exceptional mineral
potential: remains largely overlooked and
under-explored
Well-developed modern infrastructure: Properties are close
to roads, water, power, and port facilities
Properties are readily accessible year round
Available experienced labour force
Excellent government relationships at all levels
Access to European Union and Portuguese government
financial incentive programs
7
8. Projects and Concessions
The second largest holder of mineral exploration
rights in Portugal
Montemor
Gold 47 km2
Flagship Project* Viana do
Castelo Bragance
Braga
ATLANTIC
* Under Letter of Agreement / EML Mining OCEAN
Villa Real
License under application Porto
Espinho
Viseu
Guarda
Concession Name Commodity Area
Coimbra
Northern Portugal Pombal
Penedono Gold 102 km2
Tungsten & Peniche
Armamar – Meda 218 km2 Portalegre
Gold
Moimenta – Tungsten &
566 km2 Lisboa Évora
Almendra Gold Cascais
Setubal
Southern Portugal
Beja
Cu Pb Zn Sines
Santa Margarida
(Ag, Au) 360 km2
do Sado Odemira
VMS deposits
Lagos
Total Area: ~ 1,293 km2 Sagres
Faro
8
9. Montemor - Advanced Stage
Gold Project
Located 100 km east of Lisbon
Historical work includes over 1,100
drill holes and over 500 trenches
Near surface gold deposits located
along a major shear zone: >30 km long
Environmental base line studies by
Rio Tinto (1991), metallurgical testing
and open pit design by Iberian
Resources Ltd (2006) and Tamaya
Resources Ltd (2008)
Resource estimates undertaken by or
on behalf of Riofinex (1991), Iberian
Resources Ltd (2004, 2005), and
Tamaya Resources Ltd (2007, 2008)
9
10. Montemor Gold Project
Regional Setting
Montemor Gold Project
Montemor-o-Novo Mining license area
under application
Banhos
Casas
Novas
Gold deposits
Chaminé
Gold occurrences
Braços
Exploration
concession area
under application
10
13. Montemor Project - Selected
historical drill gold assay results
Casas Novas Deposit
Hole Interval m Au g/t Interval m Au g/t Interval m Au g/t
CNRCD028 8.04 @ 10.84 includes 2.74 @ 30.57 includes 1.44 @ 58.10
T147 24.00 @ 9.67 includes 11.00 @ 16.10 includes 1.00 @ 147.20
MHCN010 8.94 @ 9.11 includes 2.50 @ 28.95 includes 0.69 @ 92.75
T164 23.15 @ 6.73 includes 5.10 @ 24.48 includes 1.40 @ 81.64
T139 26.70 @ 4.62 includes 7.20 @ 12.41 includes 1.70 @ 50.74
MHCN001 20.78 @ 4.23 includes 4.79 @ 16.32 includes 1.47 @ 34.66
T171 37.40 @ 3.20 includes 4.05 @ 26.14 includes 0.90 @ 69.34
MHCN002 44.74 @ 3.01 includes 5.08 @ 12.55 includes 0.49 @ 119.06
T162 55.20 @ 1.65 includes 1.55 @ 16.58
T173 63.95 @ 1.38 includes 2.55 @ 11.54 includes 0.60 @ 20.64
T219 39.53 @ 1.58 includes 14.11 @ 3.07 includes 0.71 @ 31.08
Chamine Deposit interval m = drill intersection in metres Au g/t = gold assay results in grams/tonne
Hole Interval m Au g/t Interval m Au g/t Interval m Au g/t
CND004 13.67 @ 13.38 includes 7.24 @ 24.00 includes 2.33 @ 71.37
T055 43.75 @ 9.40 includes 14.60 @ 16.61 includes 5.60 @ 35.03
CHD001 18.14 @ 8.76 includes 14.91 @ 10.36 includes 4.91 @ 21.06
T130 24.25 @ 6.24 includes 11.30 @ 12.53 includes 3.55 @ 34.64
CHRCD010 36.07 @ 5.08 includes 16.08 @ 9.87 includes 8.52 @ 15.89
T126 51.40 @ 2.78 includes 38.60 @ 3.34 includes 5.40 @ 9.89
T053 32.80 @ 2.59 includes 12.85 @ 5.41 includes 2.65 @ 18.19
T116 56.15 @ 2.21 includes 31.60 @ 3.07 includes 3.95 @ 10.28
T063 67.80 @ 1.82 includes 26.40 @ 3.07 includes 5.95 @ 8.26
T119 78.65 @ 1.31 includes 9.17 @ 2.77 includes 3.95 @ 4.67
T096 112.70 @ 0.76 includes 67.60 @ 1.00 includes 2.00 @ 16.73
13
14. Northern Portugal
Location Map of Northern Concessions
Penedono
Armamar - Meda
Moimenta - Almendra
Portugal
Tabuaço Numão
Tungsten Project
Marofa Muchões
Santo Antonio
Turgueira
Almendra
Ferronha
Penedono Gold
Project
Gold - targets Tungsten - targets
14
15. Penedono Gold Concession
Extent of known gold-bearing zones over 16 km
N
Turgueira Santo Antonio area
Sendim Underground Gold Legend:
Gold Target a
Mine (closed) Veins
Riodades Santo Antonio
Mine
Ferronha Area
Penedeno
Ferronha
0 5
(Km)
15
16. Penedono Gold Concession
Geological Model: Intrusion Related Gold Systems
– similar to Alaska and Yukon
16 km long belt of widespread areas and clusters of
gold-bearing quartz vein systems
Historic gold mine at Santo Antonio: mined by the Romans
at surface; mined underground in the 1950s, when gold was
fixed at US $35 /oz, minimal modern exploration
Potential for deposits of:
Underground high-grade gold veins
Open pit lower-grade gold zones
Large gold-in-soil anomalies remain untested and vast
areas have not been covered by soil surveys
16
17. Penedono Gold Concession
2008 - 2010 Drilling: Significant Gold Results
Santo Antonio Veins: # 11 and 13: Press release April 13, 2010
Vein 11
39.67 g/t / 2.23m 180.57 g/t over 0.38m
Vein #13
5.89 g/t over 8.14m
13.35 g/t / 1.41m incl. 18.37 g/t over 1.54m
N
8.34 g/t over 6.74m
75.64 g/t / 0.08m
incl. 14.59 g/t over 3.15m
incl. 7.00 g/t over 1.39m
15.31 g/t / 1.80m incl. 24.05 g/t over 1.87m
incl. 15.04 g/t over 1.00m
incl. 34.40 g/t over 0.87m
Vein #11 Vein 13
75.64 g/t over 0.08m
5.89 g/t / 8.14m
incl. 18.37 g/t / 1.54m 39.67 g/t over 2.23m
incl. 59.99 g/t over 1.47m
8.34 g/t / 6.74m incl. 87.04 g/t over 1.00m
incl. 14.59 g/t / 3.15m 13.35 g/t over 1.41m
incl. 26.56 g/t over 0.56m
180.57 g/t / 0.38m
15.31 g/t over 1.80m
100m
incl. 35.34 g/t over 0.75m
17
18. Penedono Gold Concession
Turgueira Near Surface Gold Target: currently being drilled
Historic Significant
Gold Results
Greisen alteration zone DDH PTU04
~ 600m x ~ 130m 30m @ 0.79 g/t Au
includes
10 m @ 1.51 g/t Au
Trench T6
12m @ 0.85 g/t Au Trench T7
PTU04
52m @ 0.64 g/t Au
Trench T1 includes
52m @ 0.50 g/t Au Quartz veins 17m @ 1.12 g/t Au
includes
14m @ 1.10 g/t Au PTU01 DDH PTU06
PTU02
PTU07 PTU06 39m @ 0.93 g/t Au
PTU05
Trench T2 includes
PTU03
51m @ 1.01 g/t Au 26m @ 1.23 g/t Au
includes
13m @ 2.70 g/t Au
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20. Tungsten
A metal in short supply and high demand
Tungsten APT Spot (MBWOEUFM:IND)
US$ / mtu
Period: Feb. 2010 to Feb. 2011
Source: Bloomberg.com
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21. Tabuaço Tungsten Project
Tungsten bearing skarns were discovered by
government geologists south of the Tabuaço
area in the 1970s
Mineralization at Tabuaço consists of gently
dipping, well-developed skarn horizons, up to
19 m thick, with significant scheelite (CaWO4)
In 1981-1982, a SPE/BRGM consortium
drilled 6 holes leading to a historical resource*
(not NI 43-101 compliant) at Tabuaço of:
~1 million tons grading 0.87% WO3
Best intersection includes:
19.35m @ 1.18% WO3
* The historical resource is based on very limited drilling. A qualified person
has not done sufficient work to classify the historical estimate as current
mineral resources or mineral reserves. The company is not treating the
historical estimate as current mineral resources or mineral reserves. The
historical estimate should not be relied upon.
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22. Armamar - Meda Concession
Colt drill result highlights to date
Skarn Interval* WO3%
Hole Incl. (deg) From (m) To (m)
Horizon (m) (avg.)
DHT-01B -90 upper 7.10 11.85 4.75 0.52
main 19.15 37.95 18.80 0.73
includes 24.18 27.18 3.00 1.14
includes 29.18 36.00 6.82 0.96
DHT-02 -90 main 52.60 66.20 13.60 0.93 Highlights
includes 57.95 62.95 5.00 1.44 after 9 hole
drill program
DHT-05 -90 main 16.95 26.65 9.70 0.38
Press release
DHT-06 -90 main 12.64 17.82 5.18 0.34 June 14, 2010
DHT-08 -90 main 42.40 54.40 12.00 0.60
includes 42.40 47.75 5.35 1.09
DHT-09 -45 main 93.60 115.20 21.60 0.54
includes 99.00 104.00 5.00 0.88
* Downhole interval
Near Term Outlook
Definition Drilling - Oct. 2010 to April 2011
Preliminary metallurgical test work - Sept. 2010 to Feb. 2011
Resource Estimate & Pre-feasibility work - 2011
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23. Santa Margarida do Sado
Location relative to Iberian Pyrite Belt (IPB)
Supergiant VMS deposits
Location of Supergiant VMS Deposits
LISBON
(i.e. > 150 million tonnes of ore)
Setubal
Santa Margarida do Sado
PORTUGAL
N
Beja SPAIN
Sines
ATLANTIC
OCEAN Aljustrel Group Las Cruces
La Zarza Rio Tinto
Seville
Neves Corvo Group
Faro
23
24. Colt Resources Vision
GTP – (TSX-V) | P01 – (Frankfurt, Berlin) | COLTF – (OTCQX International)
Montemor Gold Project
Advanced development stage project (under letter of agreement).
EML mining license under application. Potential for production within 24 months.
Shear zone gold deposit model.
Penedono Gold Concession
Historic underground gold mine. Potential for both high grade underground and lower
grade open-pit deposits.
Reduced Intrusion Related Gold Deposit model.
Tabuaço Tungsten Concession
Definition drill stage. Preliminary metallurgical testing underway. Potential for
production within 2 to 3 years.
Santa Margarida do Sado Base Metals Concession
Large concession within the prolific Iberian Pyrite Belt, geological environment that has
high potential for world-class base metal deposits.
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25. Contact Information
Nikolas Perrault, Aurelio Useche, Helen Bilhete,
Chairman, President & CEO Director & CFO Director Investor Relations
Colt Resources Inc. Colt Resources Inc. Colt Resources Inc.
Tel: (514) 394-0009 Ext: 1 Tel: (514) 394-0009 Ext: 2 Tel: (514) 394-0009 Ext: 5
Fax: (514) 635-6100 Fax: (514) 635-6100 Fax: (514) 635-6100
info@coltresources.com info@coltresources.com info@coltresources.com
Company website: www.coltresources.com English Deutsch
Toronto Venture Exchange: Symbol - GTP Quote in CAN$
OTCQX International: Symbol - COLTF Quote in US$
Frankfurt Stock Exchange: Symbol - P01 Quote in Euros
International Tungsten Industry Association: www.itia.info - all about tungsten
Tungsten prices: metal-pages.com; bloomberg.com
World Gold Council: www.gold.org - all about gold
Gold prices: Technical Gold Charts and Data - London Fix
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