COLORADO RESOURCES LTD. (TSX VENTURE:CXO) ("Colorado" or the "Company") is
pleased to report the results of ground magnetic geophysical surveys recently
completed and also announce the start of a 5,000 m drill program on its 100%
owned North ROK Property (the "Property") located 15 kms northwest of Imperial
Metals Red Chris Mine in NW British Columbia.


As previously reported in news release dated June 12, 2013 Colorado discovered a
new Induced Polarization (I.P) chargeability anomaly that is 1 km north of the
discovery drillhole in an area of limited outcrop. Preliminary modeling of the
recently completed geophysics indicates that this new I.P chargeability anomaly
measures 500-800 m wide and 1400 m long. Ground magnetic surveys conducted over
the same area revealed two anomalies flanking the I.P chargeability anomaly and
one anomaly in the core of the I.P anomaly. The magnetic anomalies flanking the
I.P anomaly measure approximately 300 m by 750 and 200 m by 700 m; the magnetic
anomaly in the core of the I.P chargeability anomaly measures approximately 500
m by 700 m. See map attached (to view, visit the following link:
http://media3.marketwire.com/docs/Colorado_North_ROK.pdf) and Company's website
www.coloradoresources.com for details.


The Company is encouraged that these new coincident I.P and magnetic anomalies
appear to have a similar geophysical signature to areas of known mineralization
on the Property.


The Company is also pleased to announce that a 5000 m diamond drill program has
commenced on the property within the existing permits.


Adam Travis, the Company's President and CEO stated "I'm very pleased with the
progress our technical team has made on our North ROK property to not only fine
tune our next phase of drilling but to also advance other exploration targets on
our claims. I look forward to a very exciting next round of 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

NR 13-09

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
reports filed on SEDAR at www.SEDAR.com for a more complete discussion of such
risk factors and their potential effects.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


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


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