Magellan Minerals Drills 24m @ 4.06 g/t Gold at Eastern Extension

- May 12th, 2011

Magellan Minerals Ltd. (CVE:MNM) reports results for several additional diamond drill holes which were recently completed at the Central and Moreira Gomes gold deposits at the Cuiu Cuiu project, Brazil.

Magellan Minerals Ltd. reports results for several additional diamond drill holes which were recently completed at the Central and Moreira Gomes gold deposits at the Cuiu Cuiu project, Brazil.

The press release is quoted as saying:

The Central and Moreira Gomes deposits currently have a combined total of 1.2Moz of Inferred resources and 0.1Moz of Indicated resources at an average grade of 1.2g/t gold (see press release dated 8th March 2011).

Click here to access the entire news release.

Click here to access Magellan’s company profile.

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