History

2013

Preliminary Economic Assessment filed on SEDAR for Boa Fé and Montemor Projects
Signs MOU with Star Mining on newly awarded Borba License
Announces the execution of a binding letter of intent to purchase the Passa Frio property
Updated Resource Estimate for the Chaminé and Casas Novas gold deposits and Initial Resource Estimate for the Banhos, Bracos and Ligeiro gold deposits within the Company’s 100% owned Boa Fé EML
Initial Resource Estimate for the Monfurado gold deposit within the Company’s 100% owned Montemor exploration license
Awarded 2 Experimental Mining Licenses: Tabuaço EML & Santo António EML
Awarded 2 additional Exploration Concessions: Borba EC & Cercal EC
Receives positive metallurgical results from testwork performed on representative samples taken from the Tabuaço Tungsten Project
Announces closing of $2.7 million on second tranche of private placement

2012

Richard Quesnel is elected to the Board of Directors
Updated NI 43-101 Resource Estimate for Colt’s 100% Tabuaço Tungsten Project
Signs JV Agreement with Contécnica – Consultoria Técnica for its Penedono Gold Project
Initial NI 43-101 Resource Estimate for the Chaminé and Casas Novas deposits within its 100% Boa Fé Gold Project
Donald Ziraldo leaves the Board of Directors and becomes Managing Director of QSPA
J. Wayne Murton, a professional geologist, is elected to the Board of Directors
Completion of 2012 AGM, where shareholders re-elected Messrs. Jean Depatie, James Ladner, Donald J.P. Ziraldo, Nikolas Perrault, Aurelio Useche, David A. Johnson, and Declan Costelloe as Directors of the Board
Announces closing of $8.7 million financings
Announce that 13.4 million share purchase warrants exercised into an equivalent number of common shares of the Company for total proceeds of approximately $6 million
Continues to strengthen its operations team

2011

Submits the Initial NI 43-101 Resource Estimate for its 100% Tabuaço Tungsten Project
Earns 100% of the Mining License for the Boa Fé Shear Zone Gold Project
Experimental Mining License approved for Boa Fé Gold Project
Completes Acquisition of Key Surface Rights for its Tabuaço Tungsten Project
Announces $16.6 million bought deal public offering
Announces NI 43-101 Technical Report on exploration of the Montemor Gold Project
Appoints Jean Depatie as Non-Executive Chairman of the Board of Directors
Appoints Declan Costelloe as Executive Vice President and Chief Operating Officer
Receives NI 43-101 Technical Report on Santa Margarida do Sado Concession
Listed on the TSX Venture Exchange under stock symbol GTP
Contracted SRK Consulting to design and implement a comprehensive work program to advance gold and tungsten properties

2010

Announces Definition Drilling Program on the Tabuaço Tungsten Project
Announces Trenching and Drilling Program on the Turgueira Gold Prospect, Penedono Concession
Announces closing of Private Placement
Becomes 51% owner and operator of the Montemor Gold Project
Appoints Declan Costelloe to the Board of Directors
Re-appoints Board of Directors at AGM
Announces closing of private placements of $3.5 million
Announces Metallurgical Program for the Tabuaço Tungsten Project
Listed on the OTCQX
Signs Agreement on Advanced Stage Montemor Gold Project
Appoints Donald J.P. Ziraldo to the Board of Directors
Appoints James Ladner to the Board of Directors
Completes closing of a Non-Brokered Private Placement financing announced

2009

Acquires 100% of Santa Margarida do Sado concession located on the Iberian Pyrite Belt
Focused drilling on Penedono Gold concession
Initial drilling on Armamar-Meda tungsten concession
Listed on the Frankfurt Exchange under symbol P01

2008

Establishes a new management team
Strengthens technical team
Head office moved from Vancouver to Montreal
Production of NI 43-101 Technical Reports for Portugal properties
Acquires 4 regional properties in Gaspésie, Quebec
Engages in surface exploration and conclusive diamond drilling program at the Penedono gold property
Engaged in surface exploration at Armamar-Meda tungsten property

2007

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