Palladium – Colossus Minerals Inc. (TSX:CSI,OTCQX:COLUF) provided an update on its Brazil-based, 75-percent owned Serra Pelada gold-platinum-palladium mine, commenting that the mine is on track to begin production of 250 metric tons per day in Q3 2013.
Palladium – 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.
Platinum – Colossus Minerals Inc. (TSX:CSI,OTCQX:COLUF) released 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 0.02 g/t platinum, hole SPD-184 intersected 26.65 metres grading 11.22 g/t platinum, and hole SPUD-018 intersected 3.60 metres grading 0.28 g/t platinum.
Gold – Colossus Minerals Inc. (TSX:CSI,OTCQX:COLUF) announced 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 13.28 g/t gold, hole SPD-184 intersected 26.65 metres grading 5.10 g/t gold, and hole SPUD-018 intersected 3.60 metres grading 24.37 g/t gold.
Gold – Colossus Minerals Inc. (TSX:CSI,OTCQX:COLUF) released a development update for the Serra Pelada gold-platinum-palladium Mine in Brazil. The Company's development remains on schedule to commence initial production in the second half of 2013. Underground development is in progress and development at the face is continuing through the mineralized zone. The construction of critical infrastructure also remains on schedule.
Gold – Colossus Minerals Inc. (TSX:CSI,OTCQX:COLUF) intersected high grade gold values in the recent diamond drilling program on the Elefante area. Hole EL-12-001 contained the highest overall gold value and returned 5.70 metres grading 5.41 g/t gold, 0.04 g/t platinum and 0.29 g/t palladium
Gold – Colossus Minerals Inc. (TSX:CSI,OTCQX:COLUF) has intercepted mineralization in its secondary development. Bulk sampling has begun and all material is being assayed and sorted on surface on the stockpile pad. As part of the periodic re-evaluation of its mine design, the bulk sample location was modified and as previously announced, incorporated additional development to provide improved sample quality.
Gold – Colossus Minerals (TSX:CSI,OTCQX:COLUF) announced changes to its management and Board: David Anthony is new President and COO, Luís Albano Tondo is new VP Operations and Country Manager for Brazil, John S.M. Turner and David Garofalo appointed to the Board.
Platinum – Colossus Minerals (TSX:CSI,OTCQX:COLUF) reported the status of development at Serra Pelada: critical milestones remain on schedule and an experienced team of professionals, both in the underground operations and overseeing surface construction, remain in place despite the management changes announced last week.
Platinum – Colossus Minerals (TSX:CSI,OTCQX:COLUF) has commenced its search for a new Chief Operating Officer to replace Mr. Lyle Pritchard, former Vice President, Operations, who is no longer with the Company.
Get our independent commentary on resource trends and companies delivered to your inbox.
