# Colossus Resources Provides Analytical Results from Phase One Prospecting Field Program at its Master Copper Project, Ontario, Canada

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/colossus-resources-provides-analytical-results-from-phase-one-prospecting-field--3810ae61-b804-4352-9157-c603a51a792a

Original source: https://money.tmx.com/en/quote/CLUS/news/5439796210072473/colossus-resources-provides-analytical-results-from-phase-one-prospecting-field-

Publisher: tmx

Original announcement: 2023-01-17T14:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Colossus Resources Corp.

- Ticker: CLUS

- Exchange: TSX

- Region: Ontario, Canada

- Primary commodity: Copper

- Secondary commodities: Gold

- Document categories: Drill results, Other

- Extracted: 2026-08-21 11:51:55 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Colossus Resources has released analytical results from its Phase One prospecting program at the Master Copper Project in Ontario. The program confirmed two copper-bearing vein systems and reported the first recorded gold intervals on the property, including high-grade copper grab samples.

Reasoning: The program confirmed two Cu-bearing vein systems and reported the first gold intervals on the property, including a high-grade Cu intercept of 7.31%.

- Positive factor: high-grade copper intercepts

- Positive factor: first recorded gold on property

- Positive factor: confirmed two Cu-bearing vein systems

- Negative factor: prospecting results are surface/grab based

- Negative factor: early-stage exploration

Facts used in scoring: 8

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The document mentions XRF on duplicate pc for sample 81621.

Evidence · text

> XRF on duplicate pc

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The company mentions historical mineralization and nearby properties.

Evidence · text

> reference to existing mines and deposits, or mineralization hosted on adjacent or nearby properties

## Extracted facts

Stored fact records: 8. Some facts used in scoring do not have a stored record.

## Drill Results (8)

### 81720-81729

[Link to this fact](https://atlas-staging.minestarters.com/news/colossus-resources-provides-analytical-results-from-phase-one-prospecting-field--3810ae61-b804-4352-9157-c603a51a792a#fact-drill-facts-0)

Master Copper Project · copper

#### Identity

- Hole ID: 81720-81729
- Project: Master Copper Project
- Commodity: copper
- Ticker: CLUS

#### Geometry

- Grade: 1.316
- Grade Unit: %
- Intercept: 6.9 m

#### Classification

- Sample Type: channel
- Group ID: 81720-81729:0-6.9

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-01-17T00:00:00.000Z

Reasoning: Channel sample returning 1.316% Cu over 6.9m.

- Positive factor: continuous interval

Evidence · text

> One Channel \(Samples 81720-81729\) returned 1.316% Cu

### 81720-81729

[Link to this fact](https://atlas-staging.minestarters.com/news/colossus-resources-provides-analytical-results-from-phase-one-prospecting-field--3810ae61-b804-4352-9157-c603a51a792a#fact-drill-facts-1)

Master Copper Project · gold

#### Identity

- Hole ID: 81720-81729
- Project: Master Copper Project
- Commodity: gold
- Ticker: CLUS

#### Geometry

- Grade: 0.21
- Grade Unit: gpt
- Intercept: 6.9 m

#### Classification

- Sample Type: channel
- Group ID: 81720-81729:0-6.9

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-01-17T00:00:00.000Z

Reasoning: Channel sample returning 0.210 gpt Au over 6.9m, noted as the first recorded gold on the property.

- Positive factor: first recorded gold on property

Evidence · text

> and 0.210 grams per ton \("gpt"\) Au over 6.9 metres

### 81720-81729

[Link to this fact](https://atlas-staging.minestarters.com/news/colossus-resources-provides-analytical-results-from-phase-one-prospecting-field--3810ae61-b804-4352-9157-c603a51a792a#fact-drill-facts-2)

Master Copper Project · copper

#### Identity

- Hole ID: 81720-81729
- Project: Master Copper Project
- Commodity: copper
- Ticker: CLUS

#### Geometry

- Grade: 2.565
- Grade Unit: %
- Intercept: 3.2 m

#### Classification

- Sample Type: channel
- Group ID: 81720-81729:0-3.2

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-01-17T00:00:00.000Z

Reasoning: High-grade sub-interval of 2.565% Cu over 3.2m.

- Positive factor: high-grade sub-interval

Evidence · text

> including 2.565% Cu

### 81720-81729

[Link to this fact](https://atlas-staging.minestarters.com/news/colossus-resources-provides-analytical-results-from-phase-one-prospecting-field--3810ae61-b804-4352-9157-c603a51a792a#fact-drill-facts-3)

Master Copper Project · gold

#### Identity

- Hole ID: 81720-81729
- Project: Master Copper Project
- Commodity: gold
- Ticker: CLUS

#### Geometry

- Grade: 0.419
- Grade Unit: gpt
- Intercept: 3.2 m

#### Classification

- Sample Type: channel
- Group ID: 81720-81729:0-3.2

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-01-17T00:00:00.000Z

Reasoning: High-grade sub-interval of 0.419 gpt Au over 3.2m.

Evidence · text

> and 0.419 gpt Au over 3.2 metres

### 81711

[Link to this fact](https://atlas-staging.minestarters.com/news/colossus-resources-provides-analytical-results-from-phase-one-prospecting-field--3810ae61-b804-4352-9157-c603a51a792a#fact-drill-facts-4)

Master Copper Project · copper

#### Identity

- Hole ID: 81711
- Project: Master Copper Project
- Commodity: copper
- Ticker: CLUS

#### Geometry

- Grade: 7.31
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-01-17T00:00:00.000Z

Reasoning: High grade grab sample of 7.31% Cu.

- Positive factor: exceptional grade

Evidence · table

> 7.31

Context: Grab

### 81711

[Link to this fact](https://atlas-staging.minestarters.com/news/colossus-resources-provides-analytical-results-from-phase-one-prospecting-field--3810ae61-b804-4352-9157-c603a51a792a#fact-drill-facts-5)

Master Copper Project · gold

#### Identity

- Hole ID: 81711
- Project: Master Copper Project
- Commodity: gold
- Ticker: CLUS

#### Geometry

- Grade: 0.634
- Grade Unit: ppm

#### Classification

- Sample Type: surface

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-01-17T00:00:00.000Z

Reasoning: Grab sample of 0.634 ppm Au.

Evidence · table

> 0.634

Context: Grab

### 81676

[Link to this fact](https://atlas-staging.minestarters.com/news/colossus-resources-provides-analytical-results-from-phase-one-prospecting-field--3810ae61-b804-4352-9157-c603a51a792a#fact-drill-facts-6)

Master Copper Project · copper

#### Identity

- Hole ID: 81676
- Project: Master Copper Project
- Commodity: copper
- Ticker: CLUS

#### Geometry

- Grade: 3.63
- Grade Unit: %
- Intercept: 0.4 m

#### Classification

- Sample Type: surface

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-01-17T00:00:00.000Z

Reasoning: High grade grab sample of 3.63% Cu.

- Positive factor: strong grade

Evidence · table

> 3.63

Context: 0.4

### 81676

[Link to this fact](https://atlas-staging.minestarters.com/news/colossus-resources-provides-analytical-results-from-phase-one-prospecting-field--3810ae61-b804-4352-9157-c603a51a792a#fact-drill-facts-7)

Master Copper Project · gold

#### Identity

- Hole ID: 81676
- Project: Master Copper Project
- Commodity: gold
- Ticker: CLUS

#### Geometry

- Grade: 0.041
- Grade Unit: ppm
- Intercept: 0.4 m

#### Classification

- Sample Type: surface

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-01-17T00:00:00.000Z

Reasoning: Grab sample of 0.041 ppm Au.

Evidence · table

> 0.041

Context: 0.4

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
