Comment
Author: Admin | 2025-04-28
UNDER RECONSTRUCTION Recently Announced Chilean Cu Projects Coming Soon ABOUT COLOSSUS RESOURCES CORP Nature of Business and Continuing Operations Colossus Resources Corp. (formerly Peruviangold Mining Corp.) (the “Company”) was formed on September 9, 2020 under the laws of British Columbia.The Company’s principal business activities include the acquisition and exploration of mineral property assets. The Company holds interests in early stage mineral exploration properties in Ontario and will be conducting detailed exploration programs to determine whether the mineral property assets contain mineral deposits that are economically recoverable. The recoverability of amount shown for exploration and evaluation asset is dependent upon the discovery of economically recoverable reserves, confirmation of the Company’s interest in the underlying mineral claims, the ability of the Company to obtain the necessary financing to complete the development of and the future profitable production from the property or realizing proceeds from its disposition. Our Projects OUR PROJECTS Master Cu Project Master Copper Project located in the Sault Ste. Marie Mining Division of Ontario Red Lake Pringle South Property Red Lake Pringle South Property located in the Red Lake Mining Division of Ontario Little Joe Fault Cu Project Joe Fault Cu Project located in the Thunder Bay Mining Division of Ontario Update Latest News & Articles Colossus Resources Announces Closing of First Tranche of Non-Brokered Private Placement Financing April 17, 2024 VANCOUVER, BRITISH COLUMBIA – Colossus Resources Corporation (“Colossus” or the “Company”) (TSX Venture Exchange: CLUS) today announced it has completed the first tranche of its previously announced non-brokered private placement by the issuance of 1,575,000 units (the “Units”) at a price of $0.16 per Unit for aggregate gross proceeds of $252,000.00 (the “Offering”). Each Unit is comprised of one (1) common share and one-half of one (1/2) common share purchase warrant, with each whole warrant entitling the holder to purchase one additional common share at a price of $0.30 for 24 months from closing of the Offering. (more…) Colossus Resources Signs Definitive Agreement with Austral Gold Limited to Acquire the Calvario and Mirador Copper Porphyry Projects in Chile November 16, 2023 Vancouver – November 16, 2023 – Colossus Resources Corp. (“Colossus” or the “Company”) (TSX-V: CLUS) is pleased to announce it has entered into a definitive Option Agreement (the “Option Agreement”) dated November 15, 2023 with arm’s-length parties Austral Gold Limited and its subsidiaries Minera Mena Chile Ltda and Revelo Resources Ltd. (collectively the “Austral Group”) to acquire an undivided 100% interest in the Calvario and Mirador projects in the Republic of Chile. The transaction is subject to all applicable regulatory approvals, including acceptance by the TSXV and, if required, shareholder approval. (more…) Colossus Resources Corp. Announces Board Change November 2, 2022 Vancouver, BC – November 2, 2022 –
Add Comment