Colossus Minerals Inc. (Colossus) is a Canada-based development stage mining company focused on putting into production a high grade gold and platinum group metals project located in Brazil. The Company does not have any mineral properties that are in production or that contain a reserve or resource. The Company engages in acquiring, exploring and developing mineral properties in Brazil. The Company does not have any projects that generate revenue. The Company�s projects include Serra Pelada Mine. The Company has one wholly-owned subsidiary: Colossus Mineracao Ltda. Colossus Brazil�s 75% owned subsidiary, Serra Pelada -Companhia de Desenvolvimento Mineral, holds title to the Serra Pelada gold-platinum-palladium property. The Serra Pelada Mine consists of exploration license, 850.425/1990 covering 100 hectares located in Para, Brazil, the 700 hectares, and the 74 hectares (the Serra Pelada Mine). The Company is working with Vale SA to complete the conditions of the option exercise.