Colossus Minerals Strikes Mineralized Zone in Secondary Development

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.

As quoted in the press release:

Ground conditions are good and ground water flow into the mine remains manageable. Development of this secondary access point will continue and management expects extraction and sampling of the bulk sample to be complete within the next three weeks.

Colossus Minerals CEO Claudio Mancuso said:

This day has been a long time coming and is the culmination of almost two years of hard work. We are pleased to be entering a mineralized zone. I would like to congratulate all of our employees for achieving this important milestone.

Click here to read the Colossus Minerals Inc. (TSX:CSI,OTCQX:COLUF) press release

See this press release on Marketwire
Click here to see the Colossus Minerals Inc. (TSX:CSI,OTCQX:COLUF) profile.

Get the Latest Gold Investing Stock Information

Get the latest information about companies associated with Gold Investing delivered directly to your inbox.

Gold Bullion
Gold Production/Mining
Gold Project Generators
Gold Prospecting and Exploration
Gold Resource Definition/Pre Feasibility
Gold Resource Expansion/Feasibility Study/PEA

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Nexus-Gold-Big-e1418932141286

Nexus Gold Corp.

Nexus Gold Corp. (TSXV:NXS) is currently drilling on the Walker Ridge Gold Project in Nevada - a multiple target, Carlin-type gold exploration property. They have recently submitted an expanded Plan to increase the current 8 pad plan to 29 drill pads.

Connect here and don't miss their next catalyst!

Learn More
Comments

Leave a Reply