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Colossus Minerals and COOMIGASP, its joint venture partner report the beginning of an exploration program on the newly acquired land package contiguous to and surrounding the Serra Pelada project in Para State, Brazil.
The first phase of planned exploration involves at least 5,000 metres of diamond drilling as follows:
Step-out diamond drilling from surface to test for and potentially expand […]
Colossus Minerals and COOMIGASP, its joint venture partner report the beginning of an exploration program on the newly acquired land package contiguous to and surrounding the Serra Pelada project in Para State, Brazil.
The first phase of planned exploration involves at least 5,000 metres of diamond drilling as follows:
Step-out diamond drilling from surface to test for and potentially expand the down-plunge extensions of gold-platinum-mineralization delineated to date in the Central Mineralized Zone (see www.colossusminerals.com). Two suitable drill rigs have been contracted and drilling will begin towards the end of June;
Colossus’ Vice President Exploration, Dr. Vic Wall says:
“We are excited by the apparent prospects of the new ground in the Serra Pelada Project and look forward to realizing the full potential of this remarkable mineralized system.”
For complete news release, click here.
For Colossus Minerals’ company profile, click here.