Colossus Minerals Commences Drilling for the Extensions of Serra Pelada

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Tue, Jul 13, 2010
Platinum Company News
Post by Geetha Raghavan, Platinum Research Manager

 

Colossus Minerals Inc. (TSE:CSI) reports its drilling for the extensions of precious metal mineralisation on the recently expanded land package situated in Para State, Brazil

The first drill‐holes of the 5,000 metre drill program are targeting the down‐plunge projection of high grade gold‐platinum‐palladium mineralisation in the Central Mineral Mineralised Zone (“CMZ”). To the northeast of the current drilling, the CMZ comprises shallowly‐dipping mineralisation on the upper limb of a southwest‐plunging reclined synclinorium cored by meta‐siltstones and steeply‐dipping mineralisation below this and in the hinge zone of this fold (see www.colossusminerals.com for details). The folded meta‐siltstone is interpreted to extend for at least one kilometre to the southwest of Mining Permit 850.425/1990.

For complete news release, click here.

For Colossus Minerals’ company profile, click here.

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