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 [...]
Continue reading "Colossus hits more significant results"
Monday, April 13, 2009
Colossus Minerals Inc. declared the acceleration of the Company’s development plans for the Serra Pelada gold-platinum- palladium project, the Colossus-COOMIGASP joint venture, located in Para State, Brazil. Colossus also welcomes the newly elected President and Board of Directors of COOMIGASP. For full story, click here
Continue reading "Colossus Minerals declared updates on Serra palladium project"
Tuesday, March 10, 2009
Colossus Minerals Inc. announced today the closing of its bought deal offering saying that a total of $24.7 million has been raised including 1.5 units of the over-allotment. Proceeds of the financing will mainly be used to advance the Serra Pelada gold and platinum group metal project in Brazil.
Continue reading "Colossus Closes $24.7 Million Financing"
Friday, February 20, 2009
Colossus Minerals announced today a $21 million bought deal at $2.15/share with a half warrant at $2.75. The underwiting is being led by Macquarie Capital Markets and also includes Canaccord Capital, GMP, Dundee, Haywood, and Blackmont. An over allotment option could take the total up to $24.725 million.
Continue reading "Colossus Announces $20M+ Financing"
Thursday, February 12, 2009
Colossus Minerals Inc. is an exploration and development company focused on gold and platinum group metals in Brazil. Led by a skilled management team, the company is managing and developing its Serra Pelada gold, platinum and palladium project.
Continue reading "Colossus Minerals Inc. – Building Brazil’s Next Gold Mine"
Wednesday, February 11, 2009
Colossus Minerals Inc. announced results including 7.88 metres of 406g/t gold, 98.4g/t platinum, 115.7g/t palladium, 2.74g/t rhodium, and 1.52g/t iridium at a depth of 252 metres. The Serra Pelada project is located in Para State, Brazil. These results are not true width and the release indicates that true width is not known.
Continue reading "Colossus Reports Near Record Gold, PGM Grades"
Friday, November 28, 2008
Colossus Minerals Inc. is pleased to announce that it has intersected further high grade gold-platinum-palladium in drilling of the Central Mineralised Zone of the Serra Pelada Project, the Colossus-COOMIGASP joint venture located in Para State, Brazil. For full story, click here
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Thursday, June 4, 2009