Senior Political Advisor appointed for Middle East initiatives

Trading Symbols:

GTP - (TSX-V) P01 - (FRANKFURT) COLTF - (OTCQX)

MONTREAL, Nov. 5, 2013 /CNW Telbec/ - Colt Resources Inc. ("Colt" or the "Company") (TSXV: GTP) (FRA: P01) (OTCQX: COLTF) announces today the appointment of Mr. Nader Uskowi as Senior Political Advisor for its Middle East initiatives. He is the president of Uskowi Associates; a consultancy firm specialized on Iran, Afghanistan, Pakistan and the Persian Gulf. He is also the Senior Policy advisor for the Middle East at the United States Central Command (USCENTCOM). From 2009 to 2012, he served as Senior Political Advisor to U.S. Department of Defense Task Force for Business and Stability Operation (TFBSO) in Afghanistan. Mr. Uskowi is a longtime student of Middle Eastern politics.

In this role, Mr. Uskowi will provide Colt with important regional policy and political advice as Colt progresses with its efforts of securing advanced stage mining projects in the Greater Middle East area.

Richard Quesnel, Colt's Executive Chairman stated, "We are honored to have Mr. Uskowi join our team as we move forward with our plans in the region."

About Colt Resources Inc.
Colt Resources Inc. (www.coltresources.com) is a Canadian mining exploration and development company engaged in acquiring, exploring, and developing mineral properties with an emphasis on gold and tungsten.  It is currently focused on advanced stage exploration projects in Portugal and securing advanced state mining projects.

The Company's shares trade on the TSX‐V, symbol: GTP; the Frankfurt Stock Exchange, symbol: P01; and, the OTCQX, symbol: COLTF.

FORWARD-LOOKING STATEMENTS: Certain of the information contained in this news release may contain "forward-looking information". Forward-looking information and statements may include, among others, statements regarding the future plans, costs, objectives or performance of Colt Resources Inc. (the "Company"), or the assumptions underlying any of the foregoing. In this news release, words such as "may", "would", "could", "will", "likely", "believe", "expect", "anticipate", "intend", "plan", "estimate" and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. Forward-looking statements and information are based on information available at the time and/or management's good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Company's control. These risks, uncertainties and assumptions include, but are not limited to, those described under "Risk Factors" in the Company's annual information form available on SEDAR at www.sedar.com and could cause actual events or results to differ materially from those projected in any forward-looking statements. The Company does not intend, nor does the Company undertake any obligation, to update or revise any forward-looking information or statements contained in this news release to reflect subsequent information, events or circumstances or otherwise, except if required by applicable laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Colt Resources Inc.

Richard Quesnel
Executive Chairman
Colt Resources Inc. 
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Nikolas Perrault, CFA 
President & CEO
Colt Resources Inc. 
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Declan Costelloe, CEng 
Executive Vice President & COO 
Colt Resources Inc. 
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