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Colossal Gold Resources

Colossal Gold Resources Revenue

Oil, Gas, and MiningFlag of SRWeg naar Zee, Paramaribo, Suriname1-10 Employees

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Colossal Gold Resources revenue & valuation

Annual revenue$171,110
Revenue per employee$86,000
Estimated valuation?$547,552
Total fundingNo funding

Key Contact at Colossal Gold Resources

Flag of AU

Glen Parsons

Founder and Chief Executive Officer

Company overview

HeadquartersWeg naar Zee, Paramaribo, Suriname
Website
NAICS21
Founded2021
Employees1-10

About Colossal Gold Resources

Colossal Gold Resources, (CGR), is one of the most active gold exploration and development companies in Suriname. Our concessions are strategically positioned within the highly prospective greenstone belts of Suriname, which is situated within the broader, highly productive Guiana Shield. The mining friendly jurisdiction of Suriname remains extremely underexplored despite the scale of two of the world's major gold producing companies, Newmont and Zijin. Founded in June 2021, CGR is led by a very successful and experienced mineral resource project delivery team. Our focus is on advancing the Goliath Gold Project and our sole objective is to deliver the next major gold deposit in Suriname which will become the next major mine. The current exploration focus is to extend CGR’s initial gold discovery strike length at the Goliath Project, which lies within a growing 5km long mineralised gold trend. The objective is to achieve a maiden resource, within 24 months, through our continued systematic approach to exploration. We have an experienced team : Glen Parsons - CEO former CEO of Awale Resources Limited (ARIC-TSXV) having concluded a joint venture with Newmont, CEO Mariana Resources Limited (TSXV & LSE AIM) which was sold to Sandstorm Gold, Current Chairman of Andrada Mining Limited (LSE AIM) Chris Hughes - COO former Chief Consulting Geologist for Awale Resources Limited, Senior Geologist/Exploration Manager West African Resources, Senior Geologist for Glencore/ZIOC Carlos Bertoni – Senior Technical Adviser former CEO of Reunion Gold Corporation. He has been involved in managing the exploration of key projects in the Guiana Shield, including Oko West, Omai, Rosebel, Paul Isnard (Montagne d´Or), Yaou, Dorlin and Dachine (diamonds). Suriname exploration momentum continues from 2024 with >C$75 million raised by Founders Metals, Greenheart Gold, Miata Metals and Peak Minerals.

Employees by Management Level

Total employees: 1-10

Seniority

Employees

Founder/Owner

Employees by Department

Colossal Gold Resources has 1 employees across 1 departments.

Departments

Number of employees

Funding Data

Colossal Gold Resources has never raised funding before.

Frequently asked questions

Colossal Gold Resources is located in Weg naar Zee, Paramaribo, SR.
Colossal Gold Resources generates an estimated annual revenue of $171,110. This revenue figure reflects the company's market position and business performance in its industry.
Colossal Gold Resources has an estimated valuation of $547,552. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.
Colossal Gold Resources was founded in 2021, making it 5 years old. The company has established itself as a significant player in its industry over this time.
Colossal Gold Resources has approximately 1-10 employees. The company continues to grow its workforce to support its business operations and expansion.

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