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Colossus Minerals Intersects Gold and Copper on the Cutia Property

Resource Investing News

Colossus Minerals Inc. (TSX:CSI,OTCQX:COLUF) reported assay results from its Phase I surface diamond drilling program on the Cutia Project, a 75-25% joint venture between Colossus Minerals Inc. and Cooperativa Mista Do Garimpo De Cutia. Highlights include 2.35 g/t gold, 0.32 g/t silver and 0.26% copper over 5.98 metres in the main silicified breccia zone.

Colossus Minerals Inc. (TSX:CSI,OTCQX:COLUF) reported assay results from its Phase I surface diamond drilling program on the Cutia Project, a 75-25% joint venture between Colossus Minerals Inc. and Cooperativa Mista Do Garimpo De Cutia. Highlights include 2.35 g/t gold, 0.32 g/t silver and 0.26% copper over 5.98 metres in the main silicified breccia zone.

As quoted in the press release:

HIGHLIGHTS

  • CTA-13-003 intersected 2.35 g/t gold, 0.32 g/t silver and 0.26% copper over 5.98 metres in the main silicified breccia zone and intersected material in the historic underground workings immediately above the zone that returned 7.67 g/t gold, 0.52 g/t silver and 0.24% copper over5.20 metres that included values of 10.9 and 20.10 g/t gold and as much as 1.02% copper. This material is presumed to be an example of what would have been mined out by the garimpeiros and demonstrates the potential of the mineralized system.
  • CTA-13-005 intersected 9.58 g/t gold, 1.40 g/t silver and 0.41% copper over 1.00 metre in the hanging wall portion of the main zone before the hole intersected historic underground workings. The underground drift material recovered from this area returned assays of 8.96 g/t gold, 1.28 g/t silver and 0.33% copper over a 1.60 metre interval which included a sample that assayed 17.54 g/t gold, 2.20 g/t silver and0.28% copper.
  • CTA-13-009 intersected the silicified breccia zone and returned 7.18 g/t gold, 25.09 g/t silver and 2.61% copper over 5.35 metres including a high grade interval that assayed 20.69 g/t gold, 223.00 g/t silver and 18.47% copper over a 0.35 metre core length.
  • CTA-13-016 intersected a 0.55 metre long silicified breccia zone containing 13.76 g/t gold, 3.90 g/t silver and 2.04% copper, representing the Cutia Fault Zone (CFZ) underneath the west pit.
  • CTA-13-018 intersected the zone and returned 3.91 g/t gold, 4.01 g/t silver and 0.76% copper over a 3.25 metre core length.

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

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