Colossus Minerals Inc. (TSX:CSI) discovered extensive anomalies from its soil geochemical program and follow-up auger drilling in the extended land package of the Serra Pelada Gold-Platinum-Palladium Project, the Colossus-COOMIGASP Joint Venture, located in Pará, Brazil.
Colossus Minerals Inc. (TSX:CSI) announced the successful closing of its previously announced bought deal public offering of 75,000 units and the underwriters' exercise in full of an over-allotment option to purchase an additional 11,250 Units at a price of $1,000 per Unit for total gross proceeds to Colossus of $86,250,000.
Colossus Minerals Inc. (TSE:CSI) announced that Mr. Antenor F. Silva Jr. and Mr. Mel Leiderman have been appointed to the company's board of directors.
Colossus Minerals reports results of further diamond drilling on the Serra Pelada gold-platinum-palladium project, Brazil. Four geotechnical diamond drill holes in Colossus’ Phase II drilling program, were cored for a total of 1,203 metres. SPGT-003 and SPGT-004 were focused on the Central Mineralised Zone (“CMZ”), which overprints metasediments occupying the hinge and inner limbs of a northwest-facing, [...]
Pan African Mining Corp. (TSX-V: PAF) has announced that its Phoenix project has an increased resource of 15.8 percent for its palladium, platinum, rhodium and gold. CEO Jan Nelson is quoted saying: “The increase in the total resources, assuming a 50% recovery, extends the life of the Phoenix project from 13 years to approximately 16 [...]
North American Palladium (NAP), a precious-metals producer, is doing a scoping study to develop the new Offset zone at its Lac des Iles (LDI) Palladium mine in northern Ontario and expects completion by Q3 of this year. CEO William Biggar is quoted saying: “This will make NAP a very low cost producer of palladium.” Click [...]
Colossus Minerals Inc.(TSX:CSI) reported that subsequent to the Company's press release issued on February 26, 2010, there have been numerous publications stating that the vote by COEMA (Conselho Estadual de Meio Ambiente) to grant an environmental license for the Company's Serra Pelada project was passed by a margin of 8 to 2.
Colossus Minerals Inc. (TSX:CSI) reported that the company has filed an updated National Instrument 43-101 compliant technical report entitled "Technical Report on Recent Exploration at the Serra Pelada Gold-Platinum-Palladium Project in Pará State, Brazil for Colossus Minerals Inc." dated January 31, 2010 in respect of the Serra Pelada property.
Colossus Minerals Inc. (TSX:CSI) and joint venture partner COOMIGASP reported that their joint-venture company, Serra Pelada Companhia de Desenvolvimento Mineral ("SPC"), has received approval by the Departamento Nacional de Producao Mineral (Brazilian Department of Mining and Energy) for the Final Exploration Report on the Serra Pelada Project.
Colossus Minerals Inc. (TSX:CSI) announced that the company intends to issue a final reminder that the unexercised common share purchase warrants at $2.70 have been accelerated to expire at 4:00pm (Eastern Standard Time) on November 27, 2009.
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