Colossus Minerals and COOMIGASP Sign Agreements

- March 31st, 2010

Colossus Minerals Inc. (TSX:CSI) reported that its joint venture partner, COOMIGASP (Cooperativa de Mineração dos Garimpeiros de Serra Pelada) has signed an option agreement with Vale SA to acquire a 100% interest in a 700 hectare land package contiguous to the existing 100 hectare Serra Pelada Project currently being developed by Colossus and COOMIGASP.

Colossus Minerals Inc. (TSX:CSI) reported that its joint venture partner, COOMIGASP (Cooperativa de Mineração dos Garimpeiros de Serra Pelada) has signed an option agreement with Vale SA to acquire a 100% interest in a 700 hectare land package contiguous to the existing 100 hectare Serra Pelada Project currently being developed by Colossus and COOMIGASP.

The press release is quoted as saying:

Colossus is a minerals development company focused on the Serra Pelada high-grade gold-platinum-palladium project in Para State of Brazil. Between 1980 and 1986, Serra Pelada was host to the largest precious metals rush in Latin American history.

Click here to access the entire press release

Click here to access Colossus Minerals Corporate Site

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