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Colossus Minerals Inc.

11:41 AM EST - Colossus Minerals Inc. : announced that it has encountered additional high-grade mineralization in initial results from a new 25,000-metre surface drill program at the Serra Pelada Gold-Platinum-Palladium Project, the Colossus-COOMIGASP Joint Venture located in Para State, Brazil. Colossus Minerals Inc. shares T.CSI are trading up $0.40 at $8.73.