Gold

Colossus Minerals Inc.(TSX:CSI) announced its latest updates from its 75% owned Serra Pelada Gold-Platinum-Palladium Project. The Company also announced the date of its Annual General Meeting. Colossus' AGM will take place on May 16 at the Fairmont Royal York, Toronto.

Colossus Minerals Inc.(TSX:CSI) announced that Mr.Claudio Mancuso will be speaking on Wednesday May 2, 2012 at Macquarie's "Making the Grade" Mining Conference.

Colossus Minerals Inc.(TSX:CSI) announced the latest assay results from its 15,000 metre surface drill program at Serra Pelada. The Company is happy to report that it continues to expand upper limb mineralization at the project.

Colossus Minerals Inc. (TSX:CSI,OTCQX:COLUF) reports that based on all metallurgical results achieved to date, combined gravity and flotation process in a plant should recover between 92%-96% gold, 74%-78% platinum and 67%-71% palladium at the 75% owned Serra Pelada Gold-Platinum-Palladium Project in Para, Brazil.

Colossus Minerals Inc.(TSX:CSI) announce the development updates from its Serra Pelada project. The Company plan to commission the second underground drill in Q2, 2012.

Colossus Minerals Inc.(TSX:CSI) has commenced trade on the OTCQX. Colossus Minerals' are using Stifel, Nicolaus & Company as their principal American Liaison on the OTCQX.

Colossus Minerals Inc.(TSX:CSI) announced its new 2012 exploration program. The Company's board of directors approved a surface exploration budget of USD$10.1 million and USD$1.7million for underground exploration. The 2012 program will focus on new regional targets at the Serra Pelada and Cutia properties.

Colossus Minerals Inc.(TSX:CSI) announced the acquisition of the Cutia Property in the State of Pará, Brazil.The first payment for the acquisition of USD $0.2 million was made in December 2011.