OTCBB:CGFI
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Colorado Goldfields Inc. is a Denver-based junior exploration and mining company primarily exploring for gold and silver.  Our seasoned management team targets historic gold camps with strong potential for multiple deposit discovery.  Currently, our business model in Colorado provides an outstanding combination of former producing properties with excellent exploration and production potential and a currently inactive, modern 500 to 700 ton per day capacity mill facility to allow for an attractive short-term production time frame.  We expect that this strategic plan will allow Colorado Goldfields to reach its goal of profitability, potentially within the next 18 months.



August 19, 2008
Colorado Goldfields Commences Drilling at Mogul Mine

Colorado Goldfields Inc. (OTCBB: CGFI) commenced drilling at its Mogul Mine Project in San Juan County, Colorado. CGFI will drill multiple holes into various geologic zones to verify potentially recoverable gold and silver and to determine exactly where mining will yield the highest production. (More)



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