Colossus Minerals (TSE:CSI) reported today results from the first two of it’s Phase II drill results. Included in the results were 27.9 meters at 35.49 grams per tonne gold, 19.89 grams per tonne platinum and 25.14 grams per tonne palladium. This mineralization was intersected starting at 208.4 meters down hole. True widths have yet to be reported.
CSI also reports that drill hole SPD-022 on section 125NE “grazed” the hinge zone mineralization and return results significantly lower than those above. However, the release states that other drilling on section 125NE has located mineralized zoned, but those assey results have not yet been received.
