(PR-inside.com) LAKEWOOD, CO -- (Marketwire) -- 08/09/11 -- Colorado Goldfields Inc. (OTCQB: CGFIA) (PINKSHEETS: CGFIA) announced today that the Company has completed the first two tasks of Technical Revision 11, which specifies the complete reclamation of the Company's old tailings ponds. The entire reclamation project is estimated to be $400,000, which is currently part of the Company's financial warranty with the State of Colorado. Upon the Company's completion of the entire reclamation, the financial warranty will be returned."This revision, which was approved on June 27, 2011, lifts us out of the problems of the past and moves the Company a ..
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