Colossus Minerals Assays 7.88 Metres @ 98.4 g/t Platinum, 115.7 g/t Palladium, 2.74 g/t Rhodium, 1.52 g/t Iridium and 406 g/t Gold From Serra Pelada

Colossus Minerals Inc. ("Colossus") (TSX: CSI) is pleased to announce results for the first systematic assaying of drill core for the complete platinum group element (PGE) suite from the Serra Pelada Project, the Colossus-COOMIGASP joint venture located in Para State, Brazil.

HIGHLIGHTS
- Systematic sampling and assaying of drill core from the Central
  Mineralised Zone at Serra Pelada has yielded platinum (up to 299 g/t),
  palladium (up to 387 g/t) rhodium (up to 7.7 g/t) and iridium (up to
  4.9 g/t), grades among the highest on record

Published: 11 February 2009
Written by Editor
TSX   Mining   Drill Results   Up on News  
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Platmin announces US$175 million equity financing to fund the Pilanesberg Mine construction

/NOT FOR DISSEMINATION IN THE UNITED STATES OR OVER UNITED STATES NEWSWIRE SERVICES/

Highlights

- US$175 million equity investment at C$0.85 (or ZAR 6.8) per share, representing a premium of 67% to the closing share price on the TSX on December 8, 2008 and a premium of 36% to the 30 day average VWAP

- Transaction raises sufficient equity funding to complete construction of the Pilanesberg Platinum Project - Platmin will remain unhedged with no additional debt

Published: 09 December 2008
Written by Editor
TSX   Mining   Up on News   Financing  
Read more: Platmin Limited ( PPN )

Marathon Resource Sustained Despite Higher Operating Costs at 3.41 million ounces of PGM and gold, 5.39 million ounces of Ag and 595 million pounds of Cu

Marathon PGM Corporation ("Marathon" or "the Company") is pleased to announce an updated in-pit resource estimate for the Marathon PGM-Cu Project (the "Project"). The Company's 2008 drill program was designed to increase the quantity of measured and indicated resources and total resources. This program led to an increase in measured and indicated (M&I) and inferred resources and an increase in total resources, containing 3.41 million ounces of PGM and gold and 595 million pounds of copper. The new resource includes silver and rhodium, which have not been included in the economics of the deposit in the past but will be included in the upcoming Definitive Feasibility Study ("DFS").

Published: 09 October 2008
Written by Editor
TSX   Mining   Project Updates   Up on News  
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Platmin Increases Mphahlele Project Resources

 << "Mphahlele Indicated Mineral Resources increased by 37% to 7.8Moz 5PGE+Au and Inferred Mineral Resources increased by 47% to 10.0Moz 5PGE+Au" /NOT FOR DISSEMINATION IN THE UNITED STATES OR OVER UNITED STATES NEWSWIRE SERVICES/ >>

Platmin Limited ("Platmin", TSX/AIM: PPN) is pleased to announce the positive results of a revised NI 43-101 compliant Mineral Resource estimate for its Mphahlele Project. The Indicated Mineral Resources have increased by 37.4% as a result of in-fill drilling and the Inferred Mineral Resources have increased by 47.1% as a result of the discovery of extensions to the UG2 Chromitite Layer and Merensky Reef mineralization at depth.

In addition, new analytical results also allow for the inclusion of iridium and ruthenium, two 'minor' platinum group metals in the resource estimates.

 

Published: 15 September 2008
Written by Editor
TSX   Mining   Project Updates   Up on News  
Read more: Platmin Limited ( PPN )