IRVINE, Calif., March 26, 2008 (PRIME NEWSWIRE) -- "With gold at stellar heights companies are actively pursuing the ore in multiple ways. Of course, there are speculative moves by companies to acquire gold-rich land but perhaps the most intriguing equities to follow are those who have begun drilling," stated SmallCap Sentinel analyst D.R. Clark. "In most instances it is at this juncture where the investor gets to enthusiastically follow the 'moment of truth' as drilling commences. For example, Colorado Goldfields, Inc. (OTCBB:CGFI) just announced the signing of a contract with Godbe Drilling, LLC of Montrose, Colorado for the resumption of drilling at the Gold King and Mogul properties in San Juan County, Colorado. This contract calls for a minimum of 7000 feet of exploration drilling and as Todd Hennis, CGFI President, states, could contribute to a 'very busy year' for the company and its followers."
A report focusing on emerging gold equities has been made available at www.liquidstockreport.com and will address the rise of gold affecting equities including Barrick Gold (NYSE:ABX), Goldcorp (NYSE:GG), Yamana Gold (NYSE:AUY), and Colorado Goldfields.
Colorado Goldfields Inc. is a Colorado-based exploration and mine development company with three past producing gold and base metals mines and a modern ore processing facility in Colorado's historically prolific Silverton mining district. Colorado Goldfields is going back into advanced-stage, historically productive properties with significant exploration potential and applying modern geophysics and leading edge exploration tools to re-establish production and expand the resource base. Colorado Goldfields has acquired the option to earn an 80% interest in three gold and base metals mines -- the Gold King, Mogul and Mayflower.
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