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Colorado was home to one of the greatest gold rushes the world has ever seen where millions of ounces of gold have been mined continuously for the past 148 years. To this day, the region is known for gold production.

Over a 15 year period, working closely with business, government and community leaders, the company has purchased and strategically consolidated three of the best mines in the Silverton Mining District. Historically, significant quantities of gold were produced from high-grade ore found in the Silverton Mining District. A significant portion of this production was from the Gold King Mine, which is the centerpiece of Colorado Goldfield's land position. The Mayflower Mine produced large quantities of gold, and the Mogul Mine is noted for it's past high grade base metal production. All these historic producers are included in the company's mining properties in the famed San Juan Mountains of southwest Colorado.

The Company is exploring extensive surface and subsurface, high-grade mineralized zones at the Silverton mines. Based on the results obtained from Colorado Goldfield's current early-stage exploration investment, the stage will soon be set for the dramatic next steps in the journey from discovery to determination of an economical ore body. At that stage, Colorado Goldfield will be able to exploit the advantages of its recent purchase of the Pride of the West Mill, which will allow for a shorter term production timeframe.

Colorado Goldfield's full-scale, early-stage exploration program is centered on the original Gold King Mine, the most advanced of the three mining properties. The Gold King Mine has a documented expenditure of $9.7 million in the late 1980s, when it was the major property of the public company Gold King Consolidated, Inc.

With the advanced stage Gold King property and the Pride of the West Mill in Howardsville, Colorado, the Company projects that initial gold production can potentially occur within a two to three year time frame, rather than the standard 8-10 year lead time for most mining projects.

Colorado Goldfields is also currently considering the acquisition or staking of other new properties in the San Juan County Mining District.