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Colt Corporate Presentation (June 2011) - Colt Resources

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Armamar - Meda Concession<br />

<strong>Colt</strong> drill result highlights to date 1 20<br />

Hole<br />

Incl.<br />

(deg)<br />

Skarn<br />

Horizon<br />

From<br />

(m)<br />

To (m)<br />

Interval 2<br />

(m)<br />

WO 3 %<br />

(avg.)<br />

DHT-01B -90 7.10 11.85 4.75 0.52<br />

19.15 37.95 18.80 0.73<br />

includes 24.18 27.18 3.00 1.14<br />

includes 29.18 36.00 6.82 0.96<br />

DHT-02 -90 52.60 66.20 13.60 0.93<br />

includes 57.95 62.95 5.00 1.44<br />

DHT-05 -90 16.95 26.65 9.70 0.38<br />

DHT-06 -90 12.64 17.82 5.18 0.34<br />

DHT-08 -90 42.40 54.40 12.00 0.60<br />

includes 42.40 47.75 5.35 1.09<br />

DHT-09 -45 93.60 115.20 21.60 0.54<br />

includes 99.00 104.00 5.00 0.88<br />

DHT-10A -90 11.40 12.40 1.00 0.43<br />

DHT-11A -55 31.10 35.35 4.55 0.19<br />

-55 46.55 52.55 6.00 0.77<br />

-55 70.90 72.25 1.35 0.62<br />

DHT-12A -90 17.85 20.85 3.00 0.25<br />

-90 52.20 67.20 15.00 0.89<br />

-90 includes 59.20 66.20 7.00 1.64<br />

-90 78.25 93.65 15.40 0.45<br />

-90 includes 82.2 90.85 8.65 0.66<br />

DHT-13 -50<br />

69.35 72.00 2.65 0.49<br />

-50<br />

92.80 100.45 7.65 1.08<br />

-50<br />

108.75 112.85 4.10 0.38<br />

DHT-14 -90<br />

77.30 85.65 8.35 1.29<br />

-90 includes 79.80 83.80 4.00 1.90<br />

-90<br />

109.50 111.50 2.00 0.32<br />

-90<br />

116.50 125.00 8.50 0.43<br />

-90<br />

135.00 136.15 1.15 0.32<br />

Near Term Outlook<br />

√<br />

• Preliminary metallurgical test work -<br />

Sept. 2010 to Feb. <strong>2011</strong><br />

• Definition Drilling - Oct. 2010 to<br />

September <strong>2011</strong><br />

• Resource Estimate & Pre-feasibility<br />

work - <strong>2011</strong><br />

1. See press releases dated <strong>June</strong> 14, 2010, March 24, <strong>2011</strong>, May 9, <strong>2011</strong>, and May 24, <strong>2011</strong> for drill result announcements<br />

2. Downhole interval

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