COLORADO RESOURCES LTD. (TSX VENTURE:CXO) ("Colorado" or the "Company")
announces it has granted 1,095,000 stock options (the "Options") in accordance
with the terms of the Company's 10% rolling Stock Option Plan approved by
shareholders on September 10, 2013, to Directors, Officers, Consultants and
Employees of the Company. 


The Options are exercisable for a period of five years at a price of $0.265 per
common share granted. 


About Colorado

Colorado Resources Ltd. is currently engaged in the business of mineral
exploration for the purpose of acquiring and advancing mineral properties
located in British Columbia and is also aggressively seeking opportunities in
the U.S. southwest and Latin America.


Colorado's current exploration focus is advancing its 100% owned North ROK
property, located 15 km's northwest of the Red Chris mine development, and the
recently acquired KSP property located 15 km's along strike to the southeast of
the past producing Snip Mine, both located in northern British Columbia.


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

Adam Travis, President and Chief Executive Officer

NR 14-04

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 or TF: (855) 768-1511
(250) 768-0849 (FAX)


Colorado Resources Ltd.
Terese Gieselman
Chief Financial Officer
(250) 768-1511 or TF: (855) 768-1511
(250) 768-0849 (FAX)
www.coloradoresources.com
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