Colossus Minerals Inc. (TSX:CSI,OTCQX:COLUF) reported assay results from drilling programs at the Serra Pelada Gold-Platinum-Palladium Mine in Brazil, which is a joint venture between the Company and Cooperativa de Mineração dos Garimpeiros de Serra Pelada. Hole SPD-182 intersected 3.40 metres grading 0.06 g/t palladium, hole SPD-184 intersected 26.65 metres grading 9.42 g/t palladium, and hole SPUD-018 intersected 3.60 metres grading 0.88 g/t palladium.
Rockland Minerals Corp. (TSXV:RL) earned 100% interest on the Retty Lake Cu-Ni-PGM property in Quebec. To complete the option, the Company will pay Ernest D. Black a final payment of 1,600,000 common shares.
Rockland Minerals Corp. (TSXV:RL) and La Fosse Platinum Group Inc. have amended work commitment and payment terms for the Blue Lake CuNi-PGM property in Quebec. The work commitment amended terms add another year to the agreement, which reduces the annual work commitment amounts. The amended payment terms reduce the amount of cash the Company is required to pay in the short term.
Colossus Minerals Inc. (TSX:CSI,OTCQX:COLUF) intersected high grade gold values in the recent diamond drilling program on the Elefante area. Hole EL-12-002 contained the highest overall platinum and palladium values and returned 5.10 metres grading 0.45 g/t gold, 1.27 g/t platinum and 2.04 g/t palladium.
Rockland Minerals Corp. (TSXV:RL) intersected plus 1 g/t Palladium values in Cu-Ni-PGM zones at the known outer margins of the Blue Lake massive sulfide lenses, Labrador Trough, Québec thru diamond drilling. Hole 10, located over 1,000 meters outside of the nearest known lens, drilled 28.72 meters of disseminated Cu-Ni-PGM mineralization.
Stillwater Mining Company (NYSE:SWC,TSX:SWC.U) announced George M. Bee as a new member of their Board of Directors. He has had extensive experience in the industry, holding an array of senior management and operational positions.