Friday 16th November 2018

Resource Clips

Colossus reports Brazil Assays including 15.45 g/t Gold over 74.4m

Resource Clips - essential news on junior gold mining and junior silver miningColossus Minerals Inc TSX:CSI announced drill results from its Serra Pelada project in Para State, Brazil. Highlights include

44.4 g/t gold over 6.61 metres
15.45 g/t gold, 4.54 g/t platinum and 7.04 g/t palladium over 74.4 metres
8.84 g/t gold, 1.04 g/t platinum and 1.55 g/t palladium over 8.3 metres
12.55 g/t gold over 2 metres
9.5 g/t gold over 15 metres
6.37 g/t gold, 20.62 g/t platinum and 19.17 g/t palladium over 7.2 metres
29.64 g/t gold, 5.19 g/t platinum and 7.31 g/t palladium over 2.1 metres

President/CEO Claudio Mancuso commented, “The latest drill results are significant as they extend the CMZ high-grade subzones and widen the GT Zone. We are particularly encouraged to see that the system is still mineralized more than 1,000 metres from the edge of the historic Serra Pelada pit at relatively shallow depths. Despite intersecting low grade mineralization on the 500-metre step-out down plunge on the CMZ, the drilling indicates that the structure should lie further southeast. Our drilling efforts will now focus on probing this section for potential high-grade mineralization.”

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Ann Wilkinson
VP Investor Relations

by Ted Niles

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