Calais Resources, Inc. and its subsidiaries engage in the research, acquisition, and exploration of mineral properties for precious metals, such as gold and silver in the United States. The company’s prospects include Caribou prospect in Colorado, the Manhattan prospect in Nevada, and Panama prospect in Panama. The Caribou prospect comprises Cross Gold Mine, Potosi Mine, and other prospects. The Manhattan prospect covers approximately 4,600 acres of patented and unpatented Bureau of Land Management and U.S. Forest Service land. The company owns 61,000 acres in the Panama prospect located in the eastern Veraguas district of Panama. The company was incorporated in 1986 as Millenium Resources, Inc. and changed name to Calais Resources, Inc. in 1992. Calais Resources is headquartered in Greenwood Village, Colorado.