Colossus Resources Corp. is a junior mineral exploration company engaged in the acquisition, exploration, and evaluation of early-stage precious and base metal resource properties. Headquartered in Vancouver, British Columbia, Canada, and incorporated in September 2020 as Peruviangold Mining Corp. before changing its name to Colossus Resources Corp. in December 2020, the company primarily targets copper and gold mineralization to serve the industrial and global metals markets.
The company operates through the mineral exploration and development segment, maintaining an active portfolio of exploration-stage assets in Canada. Its principal property holdings and exploration activities include the Master Copper Project, comprising mineral claims prospective for copper and gold mineralization located in the Sault Ste. Marie Mining Division of Ontario; the Little Joe Fault Cu Project, consisting of base metal mineral claims located in the Thunder Bay Mining Division of Ontario; and the Red Lake Pringle South Property, focused on precious metal exploration in the Red Lake Mining Division of Ontario. The company offers systematic mineral exploration and project development capabilities; including geological mapping and field reconnaissance; geochemical and assay sampling programs; surface channel sampling and trenching; geophysical survey analysis; and drill-target delineation aimed at advancing high-potential mineral discoveries.
In recent corporate and operational developments, Colossus Resources Corp. actively pursued international expansion through an option agreement signed in late 2023 with Austral Gold Limited and its subsidiaries to acquire an undivided 100% interest in the Calvario and Mirador porphyry copper-gold projects located in the Coquimbo Region of Chile, an agreement that was subsequently terminated in September 2025 alongside the withdrawal of a related private placement offering. Additionally, the company closed the first tranche of a non-brokered private placement equity financing in April 2024, raising gross proceeds of $252,000 through the issuance of 1,575,000 units to fund corporate working capital and ongoing exploration initiatives across its Canadian mineral properties.