Colossus Reports Near Record Gold, PGM Grades

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Wed, Feb 11, 2009
Platinum Company News
Post by Melissa Pistilli, Platinum Senior Reporter

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.

Colossus President Vic Wall is quoted as saying:

The Au-PGE assay results would be extraordinary anywhere other than Serra Pelada. Colossus’ work continues to add value to the Serra Pelada treasure chest.

For full details on the release, click here.

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