Colossus Minerals Encounters Gold at Elefante

By Midnight Trader,  January 10, 2013, 09:04:44 AM EDT

Colossus Minerals Inc. (CSI.TO) reported assay results from the recent diamond drilling program on the Elefante area, located approximately 2 kilometres to the southeast of the Serra Pelada Gold-Platinum-Palladium Mine.

The company said hole EL-12-001 contained the highest overall gold value and returned 5.70 metres grading 5.41 g/t gold, 0.04 g/t platinum and 0.29 g/tpalladium. Hole EL-12-002 contained the highest overall platinum and palladium values and returned 5.10 metres grading 0.45 g/t gold, 1.27 g/t platinum and 2.04 g/tpalladium.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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