Colorado Goldfields, Inc. (OTC Bulletin Board: CGFIA), a Denver based company exploring for gold and silver, is being featured by NanoCap Gems as their latest Company Spotlight*. Colorado Goldfields has acquired various historic mining properties in the Silverton Mining District of southeastern Colorado. The company has an ongoing exploration program within this region to identify high-grade mineralization at their Silverton Mines. The three mines which the Company has acquired in these areas have been coined the Gold King Mine, the Mayflower Mine and the Mogul Mine.

NanoCap Gems, a financial media company specializing in uncovering and discovering public companies on the OTC, Nasdaq and Pink Sheets, will feature Colorado Goldfields, Inc. as their newest Company Spotlight. Colorado Goldfields, Inc. (OTCBB: CFGIA) trades over the counter, and has issued news today. Gold speculators may consider this a way to play the rising price of gold*. The company has a market cap of roughly $2 million USD.

For additional information, go to the following link, for playable video to:

http://www.youtube.com/watch?v=ONuSjhWujSU

Our last Company Spotlight was on Green Oasis Technology, in January, when GRNO was offered for 9 cents. Recently, GRNO hit 60 cents. For more information on these companies, and others uncovered by NanoCap Gems, please visit us at www.nanocapgems.com.

Colorado Goldfields Inc. (OTCBB:CGFIA), http://www.cologold.com, is a Denver-based junior exploration and mining company primarily exploring for gold and silver. Our seasoned management team targets historic gold camps with strong potential for multiple deposit discovery. Currently, our business model in Colorado provides an outstanding combination of former producing properties with excellent exploration and production potential and a currently inactive, modern 500 to 700 ton per day capacity mill facility to allow for an attractive short-term production time frame. We expect that this strategic plan will allow Colorado Goldfields to reach its goal of profitability, potentially within the next 18 months.

About NanoCap Gems.

NanoCap Gems, based in the Sacramento region of California, is a financial media company specializing in uncovering and discovering public companies of less than 50 million in market cap. Its Visibility Division offers a marketing platform for companies listed on the Nasdaq and OTC. The Visibility Division offers company-paid visibility and marketing through its "Company Spotlight" and "Featured Gems" strategic marketing campaigns, for companies seeking media and retail exposure. For free updates, and to learn how your company can benefit, please visit us at www.nanocapstockgems.com.  You may follow NanoCap Gems on Twitter, at www.twitter.com/nanocapgems. Traders can enter NanoCap Gems’ “100 Share Giveaway” with an email sign-up for Stock Alerts at the home page www.nanocapgems.com

*NanoCap Gems Company Spotlights are not a solicitation or recommendation to buy, sell or hold securities. NanoCap Gems is not a broker-dealer, registered advisor, and is for informational purposes only. All statements and expressions are the sole opinion of the editor and are subject to change without notice. NanoCap Gems is not liable for any investment decisions by its readers or subscribers. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. The information contained herein has been provided as an information service only. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. It should be understood there is no guarantee that past performance will be indicative of future results. Investors are cautioned that they may lose all or a portion of their investment in this or any other company. For complete disclaimer, please visit http://www.nanocapgems.com/disclaimer.htm

Safe Harbor

Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby.

The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management, as well as assumptions made by any information currently available to the Company or its management. When used in this document, the words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties.   In order to be in full compliance with the Securities Act of 1933, Section 17(b), NanoCap Gems is owned and operated by Aqua Blue Holding Corp. NanoCap Gems was compensated by Aqua Blue Holding Corp., for $15,000 and 12,500,000 Rule 144 shares of Colorado Goldfields, Inc.