(PR-inside.com) LAKEWOOD, CO -- (Marketwire) -- 05/10/11 -- Colorado Goldfields Inc. (OTCQB: CGFIA) (PINKSHEETS: CGFIA) announces an accelerated exploration plan for its Brooklyn Mine property.Colorado Goldfields entered into a lease with an option to purchase the property in September 2009. At that time, the historic resource was valued at $13.8 million based on a gold pricing of $950 per ounce. With gold prices at approximately $1,500 per ounce as of May 6, 2011, the current value of just the historic resource is estimated to be $21.8 million.Colorado Goldfields' personnel have completed an extensive review of all available information concerning the ..
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