Magellan Extends New Soil Anomaly to 3.8km Length at Coringa Project, Brazil

Magellan Minerals Ltd. (TSXV:MNM) reports results from additional soil sampling at its Coringa project in the state of Para, in northern Brazil.

The press release is quoted as saying:

The presence of significant gold-in-soil anomalies west of the main structure at Coringa has been previously noted by Magellan (see press releases dated 27^th May 2010 and 12^th August 2010). However, recent additional soil sampling has extended one such NW-SE trending anomaly to a length of 3.8km and an average width of 300m. The anomaly is coincident with a low magnetic anomaly (see maps on website).

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