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Colorado Goldfields Inc A (CGFI)

Colorado Goldfields Inc A (CGFI)
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Colorado Goldfields Inc., was organized under the laws of the State of Nevada on February 11, 2004 under the name Garpa Resources Inc. On June 18, 2007, the Company changed its name to Colorado Goldfields Inc. The Company is a milling and mining exploration stage company engaged in the acquisition, exploration, and development of mineral properties, mainly for gold, silver, copper, uranium, lead, and zinc, and the milling and processing of ore from both owned and non-owned mining properties. The Company's four properties are: The Pride of the West Mill, Silverton, Colorado; Pay Day and Rage Uranium Claim Group, Monticello, Utah; Brooklyn Mine, San Juan County, Colorado; King Solomon Mine, San Juan County, Colorado. The Company owns the Pay Day and Rage Claim Group located in San Juan County, Utah, and it also hold leases with an option to purchase for the Brooklyn Mine and the King Solomon Mine. The Company is in the exploration stage at the CGFI Mineral Properties. The Brooklyn Mine consists of approximately 600 acres of patented and unpatented claims. The Company competes with many companies in the mining business. Mining activities at the Company's properties are also subject to environmental, both federal and state laws.
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