The Chinese are closely watching any junior who pulls a nice tungsten hole. In addition, with gold closing in on $1,200, the Penedono deposit is drawing quite a bit of investor interest.
Colt Resources starts diamond drilling at Tabuaco
2009-11-26 10:46 ET - News Release
Mr. Nikolas Perrault reports
COLT RESOURCES INC. REPORTS ON DIAMOND DRILLING PROGRESS ON TWO CONCESSIONS
Diamond drilling has started on Colt Resources Inc.'s Tabuaco tungsten property located in the Armamar Meda concession in northern Portugal. This initial program will consist of four holes totalling approximately 325 metres.
Diamond drilling is also continuing on its Santo Antonio gold property in the Penedono concession, located adjacent to the Armamar Meda concession. This is a continuing program at Santo Antonio with an initial target of approximately 750 metres in 10 to 15 holes.
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