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Resumed Drilling Program is Part of Colorado Goldfields' Growth Plan

Posted on: Wednesday, 2 April 2008, 03:00 CDT

LOS ANGELES, April 2, 2008 (PRIME NEWSWIRE) -- Colorado Goldfields Inc. (OTCBB:CGFI) analyst report discusses how the recently resumed drilling program is part of the company's growth plan.

Colorado Goldfields is a junior gold acquisition and exploration company, and holds an option to acquire up to an 80% undivided interest in certain properties located in San Juan County, Colorado. These properties consist of 44 patented and 13 unpatented mining claims in the Gold King and Mogul Mine properties, and a 70% undivided interest in 19 patented mining claims in the Mayflower Mine

REPORT LINK

IPOdesktop research report

http://www.gaskinsco.com/linkto-cgfi.shtml

About Colorado Goldfields

http://www.cologold.com/s/Home.asp

Continuing the legacy of the historic Colorado gold rush, Colorado Goldfields Inc. is a new player in the exploration world, focused on a major gold project in the legendary Silverton Mining District. The Company has the option to earn an 80% interest in three extremely promising gold mining properties, featuring advanced, formerly producing mines: the Gold King, Mayflower and Mogul mines located in San Juan County in Southwest Colorado.

The location of one of the greatest gold rushes in North America, Colorado is now the site of increasing gold exploration, where millions of ounces of gold have been mined since 1859. The source of this gold is currently being explored and developed by industry leaders using state-of-the-art geologic science and mining expertise to locate new sources of gold and continue the tradition of gold mining in Colorado.

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http://gaskinsco.com/linkto-analysts-corner.htm

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Disclaimer

IPOdesktop (ID) SAFE HARBOR STATEMENT: Statements contained in this analyst report report, including those pertaining to estimates and related plans, potential mergers and acquisitions, estimates, growth, establishing new markets, expansion into new markets and related plans other than statements of historical fact, are forward-looking statements subject to a number of uncertainties that could cause actual results to differ materially from statements made.

DISCLAIMER: The information, opinions and analysis contained herein are based on sources believed to be reliable but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. This report is a paid advertisement and is for information purposes only and should not be used as the basis for any investment decision. ID has been paid up to eighty five hundred dollars from equityallianceir for preparation and posting of this report and other advertising services. This constitutes a conflict of interest as to ID's ability to remain objective in its communication regarding the subject company.more safe harbor & disclaimer http://gaskinsco.com/report-disclaimer-c.htm

This news release was distributed by PrimeNewswire, www.primenewswire.com

CONTACT: Colorado Goldfields Inc. Todd C. Hennis, CEO 303-984-5324

Source: PrimeNewswire

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