Colossal announces initial melting of cobalt/copper slag at the Kabwe plant in Zambia.

Business Wire | October 30, 1996 | Copyright

VANCOUVER, British Columbia--(BUSINESS WIRE)--Oct. 30, 1996-- Colossal Resources Corp. (NASDAQ: CLPZF) (VSE: CLP) reported the first melting of slag from the ZCCM Nkana Slag Dump (NSD) at the recently constructed Qasim Mining Enterprises Ltd. (QMEL) Plant at Kabwe in Zambia.

Colossal developed the plant through a 60 percent interest in Qasim Mining Enterprises Ltd. (QMEL), a private Zambian resource company, which entered into a sales agreement with ZCCM and has rights to 8.6 million tonnes of slag assaying on average 0.70 to 0.82 percent cobalt.

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