Overview

Colossus Minerals Inc. is an exploration and development company focused on gold and platinum group metals in Brazil. Led by a skilled management team, the company is managing and developing its Serra Pelada gold, platinum and palladium project. Since their IPO in February 2008, Colossus has continuously announced spectacular high-grade results from drilling at Serra Pelada. Colossus is forging ahead with its plans to become the next major precious metal producer in Brazil.

Investment Highlights

• High-Grade Au & PGE Project in Brazil
• Significant Exploration Upside on Expanded Land Package
• Project is Fully Permitted – Acquired Environmental, Installation & Mining License in 2010
• Recent Drill Results : 7.30 m at 1494.70 g/t au, 516.60 g/t pt & 558.90 g/t pd
• Potential to be in lowest cost quartile of producers globally
• Underground drilling program to commence in 4Q 2011 and construction of gravity processing plant is expected to be completed in 2H 2012

Chief Properties

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Serra Pelada Project

Colossus’ flagship project, Serra Pelada hosts the famed high-grade gold-platinum-palladium deposit.  The Project is being advanced towards production by a Colossus-COOMIGASP (75/25) joint venture.

Serra Pelada is situated in the mineral prolific Carajas region, near the towns of Curionopolis and Parauapebas, Para State, northern Brazil, where access and infrastructure are excellent. Colossus is currently developing a 3,500 metre underground decline which will provide access for underground exploration, definition drilling and access to the orebody for eventual production.

Historically, the “Central Mineralized Zone” (CMZ) at Serra Pelada was mined along 350 metres strike length to depths of about 110 metres. Vale’s drilling confirmed that gold-platinum-palladium mineralization extends under the pit for more than 450 metres strike length to the western boundary of the concession. In these areas, mineralization has been encountered at depths of 150-350 metres and constitutes the prime target, hereby referred to as the CMZ.

A re-assay and full platinum group element (PGE) analysis of Serra Pelada’s historical drill core returned astounding results. High-grade PGE-gold intervals assayed include FD-072: 7.88 metres at 406.4 g/t gold, 98.4 g/t platinum, 115.7 g/t palladium, 2.74 g/t rhodium, 1.52 g/t iridium, 0.1 g/t ruthenium and 0.03 g/t osmium, including 1.87 metres at 1,431 g/t gold, 248 g/t platinum, 321.4 g/t palladium, 6.50 g/t rhodium, 4.21 g/t iridium, 0.39 g/t ruthenium and 0.109 g/t osmium.

Assay results from Colossus’ drilling at Serra Pelada consistently return remarkable grades of gold and PGMs over significant widths ( SPD – 099: 7.30 metres at 1494.70 g/t gold, 516.60 g/t platinum and 558.90 g/t palladium and SPD – 034: 70.70 metres at 53.59 g/t gold, 20.77 g/t platinum and 31.30 g/t palladium).

Geological Cross Section – 400 metres southwest of the historic pit

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 Exploration Potential on New Ground

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Management

Ari Sussman – President, Chief Executive Officer - Ari Sussman, Chief Executive Officer, has over 15 years of experience in  the natural resources industry. Having dedicated the majority of his career to the natural resources industry, Mr. Sussman has been instrumental in sourcing, funding and developing high-quality mineral assets. During his career, Mr. Sussman has built a strong network of business contacts throughout Latin America, and in the past decade has raised over $300 million for various ventures.

Presently, he also serves as CEO of Continental Gold Limited a high-grade gold project in Colombia. Mr. Sussman is currently on the board of Dalradian Resources.

Paulo de Tarso Serpa Fagundes, Chief Operating Officer - Mr. Fagundes has 30 years’ experience in the mining industry and brings strong operating experience specifically in South American mining projects. Mr. Fagundes was most recently General Manager of the Mercedes Mine in Mexico for Yamana Desenvolvimento Mineral Ltda. where he was responsible for the development of the underground gold mine, and from 2007 to 2009 he was General Manager of Yamana’s San Andres Mine in Honduras where he was responsible for operations, administration and a successful expansion of the project. He previously held senior operating positions with Camargo Correa Group, a Brazilian conglomerate and Companhia Brasileira do Cobre, a Brazilian mining company, where he was Manager of the Sao Luiz underground mine.

Mr. Fagundes graduated from Universidade Federal do Rio Grande do Sul in 1981 with a Bachelor of Science in Mining Engineering, and from Universidade de São Paulo in 1999 with an MBA in Business Management – Human Resources. Mr. Fagundes is fluent in Portuguese, Spanish and English.

Claudio Mancuso – Chief Financial Officer - Mr. Mancuso has over 10 years’ experience in the mining industry and capital markets. Prior to joining Colossus, he served as Vice President, Treasurer of Agnico-Eagle Mines Limited, a position he held since January 2009. Prior to that appointment, he served Agnico-Eagle in various financial management positions. Prior to joining Agnico-Eagle in 2002, he held positions at the Ontario Securities Commission and BDO Dunwoody LLP, a public accounting firm. Mr. Mancuso is a graduate of the University of Waterloo and is a Chartered Accountant

Vic Wall – Vice President, Exploration - Vic Wall brings to the Colossus team a wealth of expertise and experience in the generation, acquisition and evaluation of precious, base metal and energy mineral projects. Dr. Wall is a geologist with 35 years in the minerals mining, consulting, and exploration and research industries. Following a career in Australian and North American academes, he held senior positions in a number of multinational major and junior minerals companies.

A Fellow of the Australian Institute of Geoscientists, Dr. Wall is Principal of Taylor Wall & Associates, a Brisbane-based consultancy that provides geoscientific services to mineral companies and government agencies, worldwide. His professional highlights include the targeting and acquisition of gold and base metal deposits on several continents, developing new models for precious, base metal and energy mineral systems.  In 2001, Dr. Wall was named the winner of  the Goldcorp Challenge.

Augusto Kishida, PhD.  - Vice President, Business Development - Dr. Kishida has over 35 years of experience in the mining industry with a primary focus in Brazil. He has held many high-level positions within various Brazilian companies, including General Manager Brazil for International Brazilian Goldfields, Principal Geologist for Mount Isa Mines Limited, General Manager Brazil for Consolidated Madison Holdings and various positions within Vale, formally known as Companhia Vale do Rio Doce, the largest iron ore mining company globally.

Dr. Kishida holds a BSc. in geology from the Federal University of Rio de Janeiro, Brazil, an MSc. in economic geology from Federal University of Bahia, Brazil and a PhD in geology from the University of Western Ontario, Canada. He is a leader in modern day understanding of Archean Greenstone Belts and associated mineral deposits in Brazil. As well, he has published a number of important papers, including 3 major articles on economic geology.

In the mid 1980s, Dr. Kishida was the pioneer in attracting risk capital from junior exploration companies into Brazil. As a result, he has significant experience is setting up and operating Brazilian mining companies.

As an exploration geologist, he has been actively involved in many important discoveries in leadership capacities. Highlights include the discovery of the Fazenda Brasileiro gold deposit currently being mined by Yamana Gold Inc and the Catalao phosphate deposit being mined indirectly by majority owner Anglo American PLC.

John Wonnacott P.Eng – Vice President, Project Development - John brings more than 35 years engineering expertise with mega-project level experience in the design, permitting, construction and commissioning of new mines in addition to the supervision of hydrometallurgical and pyrometallurgical research for PGM extraction from ore. Prior to joining Colossus, John headed Roseway Engineering where he acted as engineering consultant for major mining companies including Vale S.A., Rio Tinto Limited and Lihir Gold Limited. From 1997 to 2003, John served as Deputy Project Manager and Chief Engineer at Diavik Diamond Mines Inc. where he hired, led and directed a team of engineers responsible for the design and construction of a $1.3 billion new mine installation at Lac de Gras, NT.

John holds a B.Eng. (Distinction) in Civil Engineering and a M.Eng. (Geotechnical Engineering) from Nova Scotia Technical University and an Executive MBA diploma from the University of Western Ontario.

Ann Wilkinson – Vice President, Investor Relations - Ms. Wilkinson has over 20 years experience in the mining industry in both investor relations and other management roles. Prior to joining Colossus, she served as Vice President, Investor Relations of Breakwater Resources Ltd., a position she held from October 2005.

Board of Directors

Ari Sussman, Executive Chairman

Patrick F.N.Anderson, Director

David Anthony, Director

John Frostiak^1,2,3, P. Eng. Director and Q.P.

Greg Hall^1,2,3, Director, Q.P.

Mel Leiderman, CA, Director

Douglas Reeson^1,2, M.B.A. Director

Antenor F.Silva Jr., Director