Colorado Resources Ltd. (Colorado) is a Canada-based Company. Colorado is an exploration stage Company. The Company is engaged in the business of mineral exploration in British Columbia, the Yukon. The Company�s business activities include the acquisition, exploration and development of mineral properties. The Company�s projects include: Hit property, Oro property and Heart Peaks property. Hit property is located approximately 27 kilometers north of Princeton. Hit property is comprised of two mineral claims covering an area of 752.4 hectares. Oro property is located in the Macmillan Pass area of the Yukon, approximately 165 kilometres northeast of Ross River. Oro peroperty is consisting of 330 contiguous mineral claims (6683 ha). Heart Peaks property is located approximately 45 kilometres northeast of the past producing Golden Bear Mine in northern British Columbia. Heart Peaks property consists of 7 mineral claims (2867 ha).