Colorado Resources Ltd. announced the appointment, effective immediately, of Mr. Tim Thiessen as Chief Financial Officer (CFO) and Corporate Secretary of the company. Mr. Thiessen, a member of the Chartered Professional Accountants of Canada, has over 23 years of international accounting and finance experience, with the last 16 years in the mining industry. His experience has included holding the position of CFO for a number of publicly-listed mineral companies including Aurcana Corporation, SnipGold Corp.

(acquired by Seabridge Gold in 2016), Metallic Minerals Corp., Group Ten Metals Inc., Granite Creek Copper Ltd. and Foran Mining Corporation. Prior to this, Mr. Thiessen spent 7 years as VP of Finance for Endeavour Financial Ltd., an advisory firm in the mining industry that specialized in mergers and acquisitions and debt and equity financings, being part of a team that spawned companies such as Wheaton Precious Metals Corp., UrAsia Energy Ltd., Peak Gold Ltd. and Coastal Energy Corp.