Colossus Minerals : High Grade Noble Metals Projects in Brazil

A development-stage mining company focused on bringing into production the high-grade gold-platinum-palladium Serra Pelada project, located in the mineral prolific Carajas region in Para State, Brazil

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Message: From August presentation
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From August presentation

posted on Aug 17, 2008 12:33PM

PHASE 1: February 15 – August 15, 2008

5000 metre drill program: completed approx. 4500 m of drilling in 15 holes.

Re-assay 2000 m of CVRD historical core: commenced February 15th

Assaying for the entire PGE suite: commences August 15th

Geotechnical program: commenced July 1st





Assaying for PGE suite means looking for Rhodium, now just over $ 5000/oz ($10000/oz just a few weeks ago).

Should be interesting.

FANTOMAS

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