Colt Resources Inc.

Colt Resources Inc.

October 01, 2007 09:00 ET

Colt Appoints New Director and Chief Operating Officer

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 1, 2007) - Colt Resources Inc. (CNQ:COLT) -

The Company is pleased to announce that Mr. Jorge Manuel Valente ("Mr. Valente") of Belo Horizonte, Brazil has joined the Company's Board of Directors as of October 1, 2007 and has been appointed as the Company's Chief Operating Officer by the Company's directors.

Throughout his professional career, Mr. Valente has been involved in various aspects of the mining industry in Portugal, Brazil and Angola and as a result brings to the Company considerable experience. The Company welcomes Mr. Valente to the Company's Board of Directors and furthermore the Company is confident that Mr. Valente shall contribute considerably towards the growth of the Company.

Colt Resources Inc.

Bedo H. Kalpakian, President, CEO & CFO

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