Colossus Minerals Inc. announced assay results from the 15,000 metre surface drilling program at its Serra Pelada Gold-Platinum-Palladium Project. The Serra Pelada Project is a Colossus-COOMIGASP joint venture located in the State of Para, Brazil. For the first time, drilling has closed the gap between the GT Zone and Central Mineralized Zone on sections 50NE and 100NE validating the exploration team's effort in demonstrating continuity between the CMZ and GT Zone; -The gap on sections 75NE and 175NE continues to narrow with drill holes SPD-161 and SPD-154 having extended the GT Zone approximately 30 and 45 metres respectively closer to the CMZ in these sections. Further drilling will attempt to eliminate the remaining gaps on these sections; -SPD-159 intersected 5.30 metres at 23.49 g/t gold, 0.06 g/t platinum and 0.22 g/t palladium extending mineralization along the upper limb of the fold, up-dip from the CMZ by approximately 27 metres; -SPD-165 intersected the GT Zone and returned 54.48g/t gold, 0.69 g/t platinum and 5.42 g/t palladium over 3.30 metres. SPD-165 was a 25 metre step-out from hole SPD-142 that returned 9.8 metres at 109.89 g/t gold, 0.75 g/t platinum and 15.51 g/t palladium including 0.80 metres at 1,336.13 g/t gold, 8.46 g/t platinum and 188.14 g/t palladium and continues to prove the high-grade potential of the GT Zone; -SPD-153 was drilled near section 50NE and designed to test the gap between the GT Zone and the CMZ. The hole intersected two higher grade intervals of 6.64 g/t gold, 0.15 g/t platinum and 0.60 g/t palladium over 0.75 metres and 12.65 g/t gold, 0.31 g/t platinum and 0.56 g/t palladium over 1.0 metre in a broader lower grade envelope of mineralization representing the lower limb zone. Importantly, this hole closes the gap between the two zones along this section thus confirming that the mineralization is contiguous in the large scale fold structure along the lower limb; -SPD-154 was drilled on section 175NE and designed to test for the presence of mineralization between a roughly 90 metre gap between the GT Zone and the CMZ. The hole returned 4.13 g/t gold, 13.40 g/t platinum and 19.93 g/t palladium over a 4.00 metre interval and confirms the continuity of the mineralization between the two zones. Additional drilling will tighten up the greater than 40 metre wide gaps that still remain on this section; -SPD-158 was drilled on section 100NE and designed to test an open area between the GT Zone and the lower limb portion of the CMZ. The hole intersected a mineralized portion of the lower limb roughly 25 metres south east of the defined GT Zone. The hole returned 7.57 g/t gold, 1.55 g/t platinum and 4.07 g/t palladium over 6.35 metres and closed the gap between the two zones demonstrating once again that the lower limb mineralization is contiguous from the GT Zone to the bottom of the CMZ; -SPD-165 was drilled on section 375NE and designed to intersect the GT Zone mineralization 25 metres southeast of the bonanza grade interval recently encountered in hole SPD-142. The hole returned 54.48 g/t gold, 0.69 g/t platinum and 5.42 g/t palladium over 3.30 metres confirming that the high grade mineralization continues in the direction of the historic Serra Pelada pit. Drilling is currently testing the up-dip direction behind the bonanza hole. Upper Limb: The upper limb mineralization encountered in hole SPD-159 returned values of 23.49 g/t gold, 0.06 g/t platinum and 0.22 g/t palladium over a 5.30 metre interval making it one of the best upper limb results in this year's drilling campaign and extends the upper limb mineralization up-dip of the zone by roughly 27 metres. The drilling will continue testing the upper limb at the same time as the lower limb mineralization which is the main focus of the current campaign.