CXO Colorado Resources Ltd

COLORADO RESOURCES LTD. (TSX VENTURE:CXO) ("Colorado" or the "Company") is
pleased to announce further to its release of April 25, 2013, the Company has
compiled the existing geophysical IP and magnetic data to show a 3 dimension IP
psuedo section and magnetic data on its North Rok property. For further details
please see the Company's website www.coloradoresources.com under the headings BC
Projects/North ROK/Maps&Sections.


Upon re-examination of the geophysical and magnetic data, it now appears
Drillhole NR13-002 which was targeted to test a second 500 by 700 metre magnetic
feature may have been stopped short of adequately testing the IP chargeability
anomaly. 


The Company's technical team is currently preparing a work program that will
include deepening of Drillhole NR13-002 and commencing several 100 metre spaced
step out drill holes adjacent to discovery Drillhole NR13-001.


Adam Travis, the Company's President and CEO stated, "In light of yesterday's
significant results we have further compiled our geophysical data and I am very
pleased to see this data appears to indicate that our initial drilling has
barely scratched the surface of what appears to be a very robust Copper/Gold
system. We clearly need to conduct more IP geophysics to the south and at depth
and continue drilling."


Qualified Person 

Mr. Greg Dawson, P.Geo., is the Qualified Person as defined by National
Instrument 43-101 who supervised the work program and preparation of the
technical data in this news release.


About Colorado

Colorado is engaged in the business of mineral exploration for the purpose of
acquiring and advancing mineral properties located in British Columbia and the
Yukon and is also aggressively seeking quality properties in the US southwest
and Latin America. Colorado's primary exploration focus is on the Eldorado and
North ROK properties in the Red Chris area. 


ON BEHALF OF THE BOARD OF DIRECTORS OF COLORADO RESOURCES LTD.

Adam Travis, President and Chief Executive Officer

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking information within the meaning of
Canadian securities laws. Such information includes, without limitation,
information regarding proposed exploration activities. Although the Company
believes that such information is reasonable, it can give no assurance that such
expectations will prove to be correct. Forward-looking information is typically
identified by words such as: believe, expect, anticipate, intend, estimate,
postulate and similar expressions, or are those, which, by their nature, refer
to future events. The Company cautions investors that any forward-looking
information provided by the Company is not a guarantee of future results or
performance, and that actual results may differ materially from those in
forward-looking information as a result of various factors, including, but not
limited to, the state of the financial markets for the Company's equity
securities, the state of the market for gold or other minerals that may be
produced generally, recent market volatility; variations in the nature, quality
and quantity of any mineral deposits that may be located, the Company's ability
to obtain any necessary permits, consents or authorizations required for its
activities, to raise the necessary capital or to be fully able to implement its
business strategies and other risks associated with the exploration and
development of mineral properties. The reader is referred to the Company's
prospectus dated September 16, 2010 for a more complete discussion of such risk
factors and their potential effects, a copy of which may be accessed through the
Company's page on SEDAR at www.sedar.com.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Colorado Resources Ltd.
Adam Travis
President and Chief Executive Officer
(250) 768-1511 or TF (855) 768-8511


Colorado Resources Ltd.
Terese Gieselman
Chief Financial Officer and Secretary
(250) 768-1511 or TF (855) 768-8511
(250) 768-0020 (FAX)
www.coloradoresources.com

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