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Colorado Goldfields Inc. Convenes Summit With Senior Consulting Engineering Team; Sets Final Design Completion Date of January 15, 2012

Gold Stocks
MarketwirePress Release: Colorado Goldfields Inc. – Wed, Dec 21, 2011 8:30 AM EST
Companies:

* Colorado Goldfields, Inc.

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LAKEWOOD, CO--(Marketwire -12/21/11)- Colorado Goldfields Inc.'s (OTCQB: CGFIA.PK - News) (Pinksheets: CGFIA.PK - News) Special Consulting Engineer, Stephen C. Fearn recently talked with engineer Wayne Dale, who is completing the final piece of the Company's upcoming reclamation permit amendment submission to the Colorado Division of Reclamation, Ming and Safety ("Division").

Mr. Fearn: What work is required to complete the design of the Dry Stack Tailings Repository?

Mr. Dale: The Avalanche Study has been completed and with the completion of the Avalanche study new design considerations were identified which are now being addressed. We now need to finish the design of the containment system. With the completed design of the containment system we will address the issues necessary to assure the Division of the stability of the tailings repository during the different stages of tailings placement and for final site closure. This will be addressed by the results of the seismic study which is currently in progress. The last phase of the containment design will incorporate features in the embankment design to ensure protection from the 100 year flood event.

Mr. Fearn: What is the initial designed size and capacity of the dry stack repository?

Mr. Dale: The initial design capacity of the first cell is approximately 100,000 tons. The expected capacity of the first unit (cells 1 and 2) will be approximately 250,000 tons. The first cell will be approximately 200 feet wide and 500 feet long. The second cell will be approximately 200 feet wide and 400 feet long. After completion of cells 1 and 2, additional tailings will be placed into the volume between the two cells. This develops approximately 7 acres of the 35 acre repository site.

Mr. Fearn: Why is it important and what problems do we avoid by completing each of these items prior to submitting the permit amendment application?

Mr. Dale: The most important thing to do is submit the most complete and detailed Permit Amendment to the Division for their review. This will allow the Division to do a onetime comprehensive review of the amendment, rather than having to pass-through the entire submittal multiple times. This has been a common mistake in the past.

Mr. Fearn: What is the schedule for completion of these items and is their completion interdependent?

Mr. Dale: With the completion of the avalanche study, all inter-dependencies have been removed. We estimate that the final design for inclusion in the permit amendment application will be completed by January 15, 2012.

Mr. Fearn: How does providing a complete design to the Division of Reclamation, Mining and Safety with the Permit Amendment Application reduce the time required for Permit Approval?

Mr. Dale: One of the reasons that permitting can take so long (as we've seen with other operators in the area), is that designs are submitted on a conceptual level with references to "further detailed analysis later." All this does is slow the evaluation process. A one-time comprehensive review will eliminate multiple submittals, which are in the form of answers to "adequacy issues." Each one of those can add weeks to approval process. We are going to avoid that.

Mr. Fearn: How is the current dry stack design providing superior protection to the environment? And does it provide better utilization of the overall repository site than in the original proposed design?

Mr. Dale: The new design will demonstrate to the Division that Colorado Goldfields is concerned for the protection of the environment by: 1) Protecting the Animas River from the potential of an accidental spill and the resulting degradation of water quality by contaminants; 2) Protecting the construction site from precipitation on the tailings pile during placement of the tailings; and, 3) Placing a protective cap over the dry-stacked tailings at the completion of each major section of the repository, minimizing the additional work required for final reclamation when the milling process is completed and the site is closed. The new design will provide for better utilization of the site by increasing the individual cell capacity and reducing the number of individual cells. More site volume can be utilized for mill tailings disposal and less borrow material and construction time will be required in the construction of perimeter berms.

Gold stocks

About Colorado Goldfields Inc.
Colorado Goldfields Inc. (OTCQB: CGFIA.PK - News) (http://www.cologold.com) is a Denver-based junior exploration and mining company primarily exploring for gold and silver. Our seasoned management team targets historic gold camps with strong potential for multiple deposit discoveries. Currently, our business model in Colorado provides an outstanding combination of former producing properties with excellent exploration and production potential and a currently inactive, modern, up to 700 ton per day capacity mill facility to allow for an attractive short-term production time frame. We expect that this strategic plan will allow Colorado Goldfields to reach its goal of profitability, potentially within the next 18 months.

The Company has made available a current CGFIA Fact Sheet in PDF format at http://www.cologold.com/uploads/CGFIFactSheet.pdf.

Notice regarding forward-looking statements
This news release may contain forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements or information includes statements regarding the expectations and beliefs of management. Forward-looking statements or information include, but are not limited to, statements or information with respect to known or unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Forward-looking statements or information are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, risks and uncertainties relating to obtaining financing to meet the Company's exploration program and operating costs during its exploratory stage, the interpretation of exploration results and the estimation of mineral resources and reserves, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with the Company's expectations, accidents, equipment breakdowns, title matters, or other unanticipated difficulties with or interruptions in production and operations, the potential for delays in exploration or development activities or the completion of feasibility studies, the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, regulatory restrictions, including the inability to obtain mining permits and environmental regulatory restrictions and liability, the speculative nature of mineral exploration, dilution, competition, loss of key employees, and other risks and uncertainties, including those described under "Risk Factors" in the Company's Annual Report on Form 10-K filed on November 23, 2011, which is on file with the Securities and Exchange Commission at http://www.sec.gov/Archives/edgar/da...0285-index.htm, as well as the Company's other SEC filings. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. The Company does not undertake any obligation to release publicly revisions to any "forward-looking statement," to reflect events or circumstances after the date of this news release, or to reflect the occurrence of unanticipated events, except as is required under applicable securities laws.

Cautionary note to U.S. Investors -- The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this website (or press release), such as "measured," "indicated," and "inferred" "resources," which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosures in our 10-K which may be secured from us, or from the SEC's website at http://www.sec.gov/Archives/edgar/da...0285-index.htm, his press release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. Investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.
Contact:

Investor Relations
Colorado Goldfields Inc.
866-579-9444
or
303-984-0524
http://www.cologold.com

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Website of Colorado Goldfields:

http://www.cologold.com/index.htm

Mill Renovation - Video:

www.cologold.com/uploads/Mill_Milestone_4.wmv


The Pride of the West Mill - 3D Animation

http://www.youtube.com/watch?v=IGBDj...layer_embedded
Mit Zitat antworten

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Colorado Goldfields Inc. Obtains Approval From State of Colorado for Silver Wing Mine; A Potential $200 Million Silver and Copper Value

Gold Stocks

LAKEWOOD, CO, Dec 20, 2011 (MARKETWIRE via COMTEX) -- Colorado Goldfields Inc. (OTCQB: CGFIA) (PINKSHEETS: CGFIA) announced today that the Colorado Division of Reclamation Mining and Safety ("Division"), has approved its application to begin work at the Silver Wing Mine. The formal name of the application is "Notice of Intent to Conduct Prospecting Activities." The application was approved on November 18, 2011 and is the third consecutive approval of a permit received by the Company from the Division.

Activities to be completed under this initial approval of work at the Silver Wing Mine will include re-sampling key areas of the mine by taking approximately 250 channel samples to verify records of sample data taken by prior operators and consultants. In preparation for drilling, work will also include the verification of underground mine maps, evaluation of prior underground development work and the condition of existing workings. This information will be utilized to develop an on-going core drilling program and an initial mining plan.

The approval of this project is particularly significant because it allows for an investigation to be made to determine the source of the existing mine drainage of approximately 20 gallons per minute and evaluate the potential for controlling or eliminating this discharge with an underground grouting program which could avoid the need for a discharge permit. If it is determined that the discharge cannot be eliminated, then an evaluation will be made of what actions can be taken to minimize the discharge, and assuming a permit is required, what permit conditions would be most effective and appropriate for preventing discharges of pollutants into the Animas River.

"Colorado Goldfields is working to find the best way to address a very long-term, pre-existing problem. The approval by the Division of this work, I believe shows confidence in our expertise and reinforces in real terms the Company's commitment to proper and careful mining in the area," stated Stephen Guyer, CFO for Colorado Goldfields.

The Silver Wing Mine consists of 10 patented mining claims across 70 acres in San Juan County, in southwestern Colorado known as the Silver Wing Mine.

"A thorough study of geological structures, past production, core drilling and extensive underground sampling records indicates that the total resource of the Silver Wing Mine could exceed $200 million with approximately 80% of the resource value composed of silver and copper minerals," stated Lee Rice, President & CEO for Colorado Goldfields.

Gold stocks

About Colorado Goldfields Inc. Colorado Goldfields Inc. (OTCQB: CGFIA) (http://www.cologold.com) is a Denver-based junior exploration and mining company primarily exploring for gold and silver. Our seasoned management team targets historic gold camps with strong potential for multiple deposit discoveries. Currently, our business model in Colorado provides an outstanding combination of former producing properties with excellent exploration and production potential and a currently inactive, modern, up to 700 ton per day capacity mill facility to allow for an attractive short-term production time frame. We expect that this strategic plan will allow Colorado Goldfields to reach its goal of profitability, potentially within the next 18 months.

The Company has made available a current CGFIA Fact Sheet in PDF format at http://www.cologold.com/uploads/CGFIFactSheet.pdf.

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CGFIA - WKN: A0X8AW - Handelbar in Berlin - Merger/Fusion mit Am Sierra GOLD soll bis zum 20.03.2012 abgeschlossen werden.

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200 Mio US$ Silber und Kupfer Vorkommen Wert

Video Mill: http://www.cologold.com/uploads/Mill_Milestone_4.wmv

700 Tonnen Abbaumenge pro Tag


Colorado Goldfields Inc. Obtains Approval From State of Colorado for Silver Wing Mine; A Potential $200 Million Silver and Copper Value

Gold Stocks

LAKEWOOD, CO, Dec 20, 2011 (MARKETWIRE via COMTEX) -- Colorado Goldfields Inc. (OTCQB: CGFIA) (PINKSHEETS: CGFIA) announced today that the Colorado Division of Reclamation Mining and Safety ("Division"), has approved its application to begin work at the Silver Wing Mine. The formal name of the application is "Notice of Intent to Conduct Prospecting Activities." The application was approved on November 18, 2011 and is the third consecutive approval of a permit received by the Company from the Division.

Activities to be completed under this initial approval of work at the Silver Wing Mine will include re-sampling key areas of the mine by taking approximately 250 channel samples to verify records of sample data taken by prior operators and consultants. In preparation for drilling, work will also include the verification of underground mine maps, evaluation of prior underground development work and the condition of existing workings. This information will be utilized to develop an on-going core drilling program and an initial mining plan.

The approval of this project is particularly significant because it allows for an investigation to be made to determine the source of the existing mine drainage of approximately 20 gallons per minute and evaluate the potential for controlling or eliminating this discharge with an underground grouting program which could avoid the need for a discharge permit. If it is determined that the discharge cannot be eliminated, then an evaluation will be made of what actions can be taken to minimize the discharge, and assuming a permit is required, what permit conditions would be most effective and appropriate for preventing discharges of pollutants into the Animas River.

"Colorado Goldfields is working to find the best way to address a very long-term, pre-existing problem. The approval by the Division of this work, I believe shows confidence in our expertise and reinforces in real terms the Company's commitment to proper and careful mining in the area," stated Stephen Guyer, CFO for Colorado Goldfields.

The Silver Wing Mine consists of 10 patented mining claims across 70 acres in San Juan County, in southwestern Colorado known as the Silver Wing Mine.

"A thorough study of geological structures, past production, core drilling and extensive underground sampling records indicates that the total resource of the Silver Wing Mine could exceed $200 million with approximately 80% of the resource value composed of silver and copper minerals," stated Lee Rice, President & CEO for Colorado Goldfields.

Gold stocks

About Colorado Goldfields Inc. Colorado Goldfields Inc. (OTCQB: CGFIA) (http://www.cologold.com) is a Denver-based junior exploration and mining company primarily exploring for gold and silver. Our seasoned management team targets historic gold camps with strong potential for multiple deposit discoveries. Currently, our business model in Colorado provides an outstanding combination of former producing properties with excellent exploration and production potential and a currently inactive, modern, up to 700 ton per day capacity mill facility to allow for an attractive short-term production time frame. We expect that this strategic plan will allow Colorado Goldfields to reach its goal of profitability, potentially within the next 18 months.

The Company has made available a current CGFIA Fact Sheet in PDF format at http://www.cologold.com/uploads/CGFIFactSheet.pdf.

Video Mill: http://www.cologold.com/uploads/Mill_Milestone_4.wmv

700 Tonnen Abbaumenge pro Tag

Strong Buy

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Colorado Goldfields Inc. Files Pride of the West Mill Permit; In Only 5 Days Accepted as Complete by State of Colorado Division of Reclamation, Mining, and Safety / Gold Stocks

LAKEWOOD, CO -- (Marketwire) -- 02/28/12 -- Colorado Goldfields Inc. (OTCQB: CGFIA) (PINKSHEETS: CGFIA) announces that it submitted the Company's Rule 112-b Reclamation Permit Amendment (AM-03) Application to the State of Colorado Division of Reclamation, Mining, and Safety ("DRMS") on January 27, 2012. Just 5 days later, the application was deemed "complete for filing" by the DRMS and a decision date was scheduled for May 1, 2012.

According to Colorado law, the Company is required to "publish notice in a newspaper of general circulation once a week for four (4) consecutive weeks." Further, the regulations require that the Company notify all owners of record of surface and mineral rights, holders of any recorded easements, and all owners of record of lands within 200 feet of the permit boundary and affected land via certified mail and submit proof of the notices prior to the decision date.

The Company began notice publications on February 9, 2012 in the Silverton Standard and the Miner and will complete the publication requirement on March 1, 2012. Certified mail notices were completed on February 9, 2012. Comments must be in writing and must be received by the Division of Reclamation, Mining, and Safety by 4:00 p.m. on or before March 21, 2012.

The application itself consisted of 526 pages (weighing 45 pounds) of detailed specifications, maps, and drawings describing every aspect of the proposed milling operation. Included in the application was a proposed procedure for the processing of ore from 3rd parties -- custom or "toll" milling. This component of the application is unique to Colorado Goldfields and was originally accepted in concept by the DRMS in December, 2010.

The complete submittal is available to the public from the DRMS, or may be viewed or downloaded from the Company's website at:

http://www.cologold.com/uploads/M-19...3_Complete.pdf

"This is a gigantic milestone for the Company," stated Stephen Guyer, CFO for Colorado Goldfields. "After several years of intense work with the DRMS, we are now literally knocking on the door of operations. We believe our team of engineers, legal staff, and management, have covered every possible aspect of the operation and are extremely optimistic about the outcome. I believe this is evident by the DRMS' very quick acceptance of the filing as 'complete.' I have never seen such a fast response," continued Guyer.

In addition to the comment period, between now and May 1st, the DRMS will be analyzing the technical content to determine if the permit amendment application is adequate to meet the requirements of the Mineral Rules and Regulations of the Colorado Mined Land Reclamation Board for Hard Rock, Metal, and Designated Mining Operations Act.

Gold stocks

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Colorado Goldfields submits application in bid to reactivate mill near Silverton

Colorado Goldfields stellt Antrag im Angebot zu Mühle in der Nähe von Silverton reaktivieren


DENVER — Colorado Goldfields Inc. says it's getting closer to reactivating the Pride of the West mill near Silverton in southwest Colorado.

Chief Financial Officer Stephen Guyer said Tuesday the company is "literally knocking on the door of operations."

The company says the Colorado Division of Reclamation, Mining and Safety has received its application for a permit amendment so it can place the mill into active production status. It says the division is scheduled to make a decision on it May 1.

Chief Financial Officer Stephen Guyer said Tuesday the company is "literally knocking on the door of operations."

The company bought the mill in San Juan County in 2007 from Tusco Inc. Colorado Goldfields is trying to reactivate the mill to produce primarily gold, silver, copper, lead and zinc.

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CGFIA - WKN: A0X8AW in Berlin handelbar.Jetzt rein.

Merger Fusion mit AM Siarra Gold soll bis zum 20.03.2012 abgeschlossen werden.

Bzw. Colorado Goldfields will AM Sierra Gold zu 100% Schlucken

Strong Buy

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CGFIA - NEWS - WKN A0X8AW

09.03.2012
Colorado Goldfields Inc. Announces American Sierra Gold Acquisit

Colorado Goldfields Inc. Announces American Sierra Gold Acquisition Extended; Stockholder Base Increases to 15,000 Shareholde...


Colorado Goldfields Inc. (OTCQB: CGFIA) (PINKSHEETS: CGFIA) announces that the Company has extended their Memorandum of Understanding ("MOU"), with American Sierra Gold Corp ("American Sierra") to August 31, 2012.

The MOU, which provides for customary due diligence, intends to make American Sierra a wholly owned subsidiary of Colorado Goldfields Inc. Existing shareholders of American Sierra will receive a ratio of restricted Colorado Goldfields Class A shares in exchange for their American Sierra shares.

American Sierra was incorporated in Nevada on January 30, 2007. It is focused on the acquisition, exploration, development, mining, and production of precious metals, with emphasis on gold and silver. The Company's plan of operation is to conduct mineral exploration activities in order to assess whether the sites possesses mineral deposits of gold or other precious metals in commercial quantities, capable of commercial extraction.

The Board of Directors of American Sierra views this merger as an opportunity to join forces with a company that has similarly aligned goals and values, and is farther down the execution road. Aside from the obvious economies of scale, the synergistic benefit is very high.

"We are, as a company, looking forward with great enthusiasm to joining forces with Colorado Goldfields toward accessing Colorado Goldfields' existing and new mining exploration and development opportunities, as well as the outstanding value-add presented by the much anticipated near-term launch of The Pride of the West Mill," stated James Vandeberg, President and CEO of American Sierra Gold.

"The fact that American Sierra on behalf of the Company's over seven thousand shareholders showed this commitment to Colorado Goldfields strongly supports our business model and the course our company is taking. After four years of total and consistent dedication and perseverance in the face of a very challenging worldwide economic climate, the strategic expansion of our shareholder base and the strengthening of our capital base opens up new growth prospects for us and creates further potential for acquisitions," said Stephen Guyer, CFO of Colorado Goldfields.

Gold stocks

About Colorado Goldfields Inc.

Colorado Goldfields Inc. (OTCQB: CGFIA) (http://www.cologold.com) is a Denver-based junior exploration and mining company primarily exploring for gold and silver. Our seasoned management team targets historic gold camps with strong potential for multiple deposit discoveries. Currently, our business model in Colorado provides an outstanding combination of former producing properties with excellent exploration and production potential and a currently inactive, modern, up to 700 ton per day capacity mill facility to allow for an attractive short-term production time frame. We expect that this strategic plan will allow Colorado Goldfields to reach its goal of profitability, potentially within the next 18 months.

The Company has made available a current CGFIA Fact Sheet in PDF format at http://www.cologold.com/uploads/CGFIFactSheet.pdf.

Notice regarding forward-looking statements

This news release may contain forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements or information includes statements regarding the expectations and beliefs of management. Forward-looking statements or information include, but are not limited to, statements or information with respect to known or unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Forward-looking statements or information are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, risks and uncertainties relating to obtaining financing to meet the Company's exploration program and operating costs during its exploratory stage, the interpretation of exploration results and the estimation of mineral resources and reserves, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with the Company's expectations, accidents, equipment breakdowns, title matters, or other unanticipated difficulties with or interruptions in production and operations, the potential for delays in exploration or development activities or the completion of feasibility studies, the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, regulatory restrictions, including the inability to obtain mining permits and environmental regulatory restrictions and liability, the speculative nature of mineral exploration, dilution, competition, loss of key employees, and other risks and uncertainties, including those described under "Risk Factors" in the Company's Annual Report on Form 10-K filed on November 23, 2011, which is on file with the Securities and Exchange Commission at http://www.sec.gov/Archives/edgar/da...0285-index.htm, as well as the Company's other SEC filings. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. The Company does not undertake any obligation to release publicly revisions to any "forward-looking statement," to reflect events or circumstances after the date of this news release, or to reflect the occurrence of unanticipated events, except as is required under applicable securities laws.

Cautionary note to U.S. Investors -- The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this website (or press release), such as "measured," "indicated," and "inferred" "resources," which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosures in our 10-K which may be secured from us, or from the SEC's website at http://www.sec.gov/Archives/edgar/da...0285-index.htm, his press release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. Investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.



Contact:

Investor Relations

Colorado Goldfields Inc.

866-579-9444 or 303-984-0524

http://www.cologold.com

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Strong Buy

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Strong Buy

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Lakewood, CO - (MARKET WIRE) - 2012.06.05 - Colorado Goldfields Inc. ( OTCQB : CGFIA ) ( PINKSHEETS : CGFIA ) Gibt bekannt, dass die Untersuchungsergebnisse von der Brooklyn Bergwerk geochemischen Oberflächenproben und Aderstruktur Beprobung der Aufschlüsse in der letzten Saison durchgeführt wurden von ALS Minerals Laboratories in Reno, Nevada erhielt. Diese Proben wurden mittels gravimetrischer Feuer mit einer Angebotspalette, die einen Höchststand von 1,3 Unzen enthalten untersucht. pro Tonne Gold und 6 Unzen pro Tonne Silber. Die ALS Minerals Region Nordamerika umfasst eine zentrale analytische Anlage in North Vancouver, British Columbia, analytischen Labors in Val-d'Or, Quebec und Reno, Nevada, USA.

Vierzehn Kanal-Proben wurden in der Nähe des Rainbow Vein und Gloucester Vein Kreuzung übernommen. Eine vorläufige Auswertung dieser Probenahme mit historischen Probenahme gekoppelt zeigt an, dass weitere Explorationen auf dieser Kreuzung gerechtfertigt ist.

Geochemische Proben wurde auf einem regelmäßigen Gitter mit den Sample Points durch Umfrage ermittelten durchgeführt. 196 Proben wurden durch eine ALS Minerals Standard geochemische Analysen Verfahren analysiert. Die Proben enthalten Standard-und Leerproben als Teil des Colorado Goldfields Qualitätskontrolle und Qualitätssicherung. Die geochemischen Daten wird von Monadnock Mineral Services von Ouray, Colorado ausgewertet.

Gebiete von besonderem Interesse sind die Schnittpunkte des Regenbogens und Gloucester und die projizierte Fläche Growler Rohr. Die geochemische Untersuchung können auch andere potenzielle Adern zu lokalisieren oder Brekzien-Pipes.

Basierend auf den geochemischen Daten, A Notice of Intent zur Prospektion ("NOI") Verhalten wird für die Colorado Division of Reclamation, Mining and Safety gebaut. Die NOI wird voraussichtlich am oder vor dem 15. Juni 2012 eingereicht werden. Genehmigung durch die DRMS ​​wird dann am oder vor dem 1. August 2012 erwartet.

Die NOI für die Brooklyn wird gleichzeitig mit der Weiterbildung ermöglicht Arbeit für die Pride of the West Mill vorbereitet, und Prospektion kann vor der Genehmigung der Mühle Genehmigung beginnen.

[TankerOne]

CGFIA - WKN: A0X8AW in Berlin handelbar.Jetzt rein.

Merger Fusion mit AM Siarra Gold soll bis zum 20.07.2012 abgeschlossen werden.

Colorado Goldfields will AM Sierra Gold zu 100% Schlucken.Riesen Hype kommt.

Strong Buy

[TankerOne]

CGFIA - NEWS: A0X8AW - News 6 Ounces Gold per Ton

Colorado Goldfields Announces Assay Results From Brooklyn Mine Sampling Program; 1.3 Ounces per Ton Gold vs. 6 Ounces per Ton...
Print
Colorado Goldfields A (QB) (USOTC:CGFIA)

Colorado Goldfields Inc. (OTCQB: CGFIA) (PINKSHEETS: CGFIA) announces that assay results from the Brooklyn Mine geochemical surface sampling and vein structure outcrop sampling conducted during the last season have been received from ALS Minerals Laboratories in Reno, Nevada. These samples were fire assayed with gravimetric finish producing a range that included a high of 1.3 oz. per ton gold and 6 oz. per ton silver. The ALS Minerals North America region includes a key analytical facility in North Vancouver, British Columbia, analytical laboratories in Val-d'Or Quebec, and Reno, Nevada, USA.

Fourteen channel samples were taken in the vicinity of the Rainbow Vein and Gloucester Vein intersection. A preliminary evaluation of this sampling coupled with historic sampling indicates that further exploration on this intersection is warranted.

Geochemical sampling was conducted on a regular grid with the sample points identified by survey. 196 samples were analyzed by an ALS Minerals standard geochemical analyses procedure. The samples included standard and blank samples as a part of the Colorado Goldfields Quality Control and Quality Assurance process. The geochemical data is being evaluated by Monadnock Mineral Services of Ouray, Colorado.

Areas of special interest are the intersection of the Rainbow and Gloucester and the projected Growler pipe area. The geochemical survey may also locate other potential veins or breccia pipes.

Based upon the geochemical data, A Notice of Intent to Conduct Prospecting Operations ("NOI") is being constructed for the Colorado Division of Reclamation, Mining and Safety. The NOI is expected to be submitted on or before June 15, 2012. Approval by the DRMS is then expected on or before August 1, 2012.

The NOI for the Brooklyn is being prepared simultaneously with the continuing permitting work for the Pride of the West Mill, and prospecting may commence prior to approval of the Mill permit.

The Company has received over $9 million in preliminary purchase orders for toll gold/silver ore milling in advance of the permit process completion from gold/silver ore mines in the area.

A 3D animation showing ore processing may be viewed on the Company's website at: http://www.cologold.com/prideofthewest.htm

A video tour of the Pride of the West Mill may be viewed at: http://www.cologold.com/uploads/2009-05-14_Mill.wmv

Gold stocks

About Colorado Goldfields Inc.
Colorado Goldfields Inc. (OTCQB: CGFIA) (http://www.cologold.com) is a Denver-based junior exploration and mining company primarily exploring for gold and silver. Our seasoned management team targets historic gold camps with strong potential for multiple deposit discoveries. Currently, our business model in Colorado provides an outstanding combination of former producing properties with excellent exploration and production potential and a currently inactive, modern, up to 700 ton per day capacity mill facility to allow for an attractive short-term production time frame. A 3D animation showing ore processing may be viewed on the Company's website at: http://www.cologold.com/prideofthewest.htm A video tour of the Pride of the West Mill may be viewed at: http://www.cologold.com/uploads/2009-05-14_Mill.wmv

The Company has made available a current CGFIA Fact Sheet in PDF format at http://www.cologold.com/uploads/CGFIFactSheet.pdf.

Notice regarding forward-looking statements
This news release may contain forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements or information includes statements regarding the expectations and beliefs of management. Forward-looking statements or information include, but are not limited to, statements or information with respect to known or unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Forward-looking statements or information are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, risks and uncertainties relating to obtaining financing to meet the Company's exploration program and operating costs during its exploratory stage, the interpretation of exploration results and the estimation of mineral resources and reserves, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with the Company's expectations, accidents, equipment breakdowns, title matters, or other unanticipated difficulties with or interruptions in production and operations, the potential for delays in exploration or development activities or the completion of feasibility studies, the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, regulatory restrictions, including the inability to obtain mining permits and environmental regulatory restrictions and liability, the speculative nature of mineral exploration, dilution, competition, loss of key employees, and other risks and uncertainties, including those described under "Risk Factors" in the Company's Annual Report on Form 10-K filed on November 23, 2011, which is on file with the Securities and Exchange Commission at http://www.sec.gov/Archives/edgar/da...0285-index.htm, as well as the Company's other SEC filings. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. The Company does not undertake any obligation to release publicly revisions to any "forward-looking statement," to reflect events or circumstances after the date of this news release, or to reflect the occurrence of unanticipated events, except as is required under applicable securities laws.

Cautionary note to U.S. Investors -- The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this website (or press release), such as "measured," "indicated," and "inferred" "resources," which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosures in our 10-K which may be secured from us, or from the SEC's website at http://www.sec.gov/Archives/edgar/da...0285-index.htm, this press release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. Investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.

Contact:
Investor Relations
Colorado Goldfields Inc.
866-579-9444 or 303-984-0524
http://www.cologold.com

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Colorado Goldfields Inc. - Optimale Mega-News

Lakewood, CO - (MARKET WIRE) - 2012.07.12 - Colorado Goldfields Inc. ( OTCQB : CGFIA ) ( PINKSHEETS : CGFIA ) Bekannt, dass es sich insgesamt $ 450.000 der bestehenden Schuldscheindarlehen auf der Pride of the West Mill durch die gleiche Finanzierung Anlage im Juni 2010 angekündigt, bezahlt, so dass ein ausgewogenes Verhältnis von ca. $ 200.000 zuzüglich der aufgelaufenen Zinsen. Es wird erwartet, dass diese Finanzierung Quelle wird auch helfen, das Unternehmen bei der Finanzierung von Operationen durch Genehmigungs-und in der Bauphase der Pride of the West Mill.

Das Unternehmen hat zudem eine Verlängerung bis zum 31. Dezember 2012 erhielt der Anleihe auf der Unternehmens-Pride of the West Mill. Das Darlehen war ursprünglich am 1. Juli 2012, zu welcher Zeit Colorado Goldfields gehabt hätte, um das Gleichgewicht in voller Höhe zurückzuzahlen auslaufen.