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Colossus Minerals Inc.

Colossus is an emerging mineral exploration and development company focused on Brazilian gold.


Why Brazil

A major mining country, Brazil has a number of world class deposits of gold, iron ore, copper, nickel, manganese and bauxite spread through its vast and varied geological terranes. From the beginning of the 18th century, during Portuguese Colonial times into the 19th century, Brazil was the World’s leading gold producer. A second major gold rush occurred in the 1970s and 1980s when new hard rock mines were established and garimpeiro (informal miners) production from alluvial and regolithic sources was widespread in Brazil. A legacy of this colonial and garimpeiro activity has been the location of numerous auriferous systems, many of which remain untested for their potential for hard rock gold resources.
 
Given the country’s mining culture, its international standards and transparently implemented mining code, stable political and fiscal situation, Brazil is a first rate candidate for investment in mineral exploration to realize its evident potential. Although most of the major multinational mineral companies are operating in Brazil, there are comparatively few junior companies involved in Brazilian exploration.


Serra Pellada Project

The mineralization at Serra Pelada is hosted by metasedimentary rocks of the Rio Fresco Group. The lithologies include metaconglomerate, metasandstone, dolomitic carbonate and metasiltstone. About five kilometres east of the deposit, mafic-ultramafic rocks of the Rio Novo Group outcrop, composed of tholeiitic and calc-alkaline lavas with intercalations of banded iron formation, metamorphosed to amphibolite facies. The Rio Novo Group forms the basement in the Serra Pelada area. The nature of the contact between the Rio Fresco Group with the underlying Rio Novo Group is uncertain because of the absence of good exposures.
 
The metasedimentary rocks of the Rio Fresco Group that overlie the Rio Novo Group at Serra Pelada are, from oldest to youngest, composed of quartzite at the base, carbonates, and metasiltstone at the top. These rocks have been intruded by diorite and subsequently by mafic dykes.
 
Locally, two intrusive phases have been recognized close to or within the Serra Pelada tenement area: (i) Archean metadiorite; and (ii) mafic dykes. The metadiorite displays evidence of metamorphism through foliation and prograde mineral associations, whereas the mafic dykes are post-metamorphism as they display preserved original randomly-orientated massive igneous textures.


Contact Us

Head Office
1 University Avenue, Suite 401
Toronto, Ontario, M5J 2P1
(416) 643-7655
 
Brazil Office
Colossus Mineração Ltda.
Avenida Paulista, 1274, 15º andar, Conjunto 37.
Bairro Bela Vista.
São Paulo – SP, Brasil.
01.310-100
Telefone: 011 +55 (11) 3957-6400
 
Transfer Agent
TMX Equity Transfer Services
200 University Avenue
Suite 300
Toronto, Ontario
M5H 4H1
(416) 361-0930
 
Auditor
KPMG
Bay Adelaide Centre
4600-333 Bay St.
Toronto, Ontario, M5H 2S5