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Colossus Step-out Drilling Continues to Impress

Melissa Pistilli
Sep. 30, 2009 10:41AM PST
Resource Investing

Colossus Minerals (TSX:CSI) annouced new results from step out drilling today.  The numbers continue to be impressive with 70 meters of 53.59 g/t gold, 20.77 g.t platinum and 31.3 g/t palladium. Colossus VP Exploration Vic Wall is quoted as saying: up to 400 metres south of the historical open pit, Colossus drilling has outlined substantial …

Colossus Minerals (TSX:CSI) annouced new results from step out drilling today.  The numbers continue to be impressive with 70 meters of 53.59 g/t gold, 20.77 g.t platinum and 31.3 g/t palladium.

Colossus VP Exploration Vic Wall is quoted as saying:

up to 400 metres south of the historical open pit, Colossus drilling has outlined substantial mineralisation, including high grade gold and gold-PGE subzones. The intersections of gold-PGE mineralisation north of our Phase I drilling, in areas where historical drilling had missed mineralisation are also encouraging. 

Click here for the full press release. 

Click here to see a page on the show 60 Minutes and their coverage of the Serra Pelada gold mine in 1985.

 

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