WEST KELOWNA, BRITISH COLUMBIA -- (Marketwire) -- 11/15/10 -- COLORADO RESOURCES LTD. (TSX VENTURE: CXO) ("Colorado" or the "Company") is pleased to announce it has received results from the 2010 geophysical program conducted on its wholly owned Hit Property located approximately 27 km's north of Princeton, B.C.The program consisted of a total of 16 line kilometres of Induced Polarization and Magnetometer surveys completed by Walcott Geophysics of Vancouver. This work as recommended by Leo J. Lindinger P.Geo. in his February 2010 43-101 Report (filed on www.sedar.com : http://www.sedar.com ) infilled and extended the existing geophysically anomalous areas partially
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