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Magellan Minerals Ltd. reports the results for additional diamond drill holes which were recently completed at the Central, Moreira Gomes and Jerimum Baixo targets at the Cuiu Cuiu project in Brazil.
The press release is quoted as saying:
The holes reported here from the Central and Moreira Gomes zones were designed to further test the down depth extent of both mineralized zones. No deeper holes have been reported thus far from the Moreira Gomes zone. Three additional holes were also drilled in the recently identified Jerimum Baixo zone (see press release dated 15th November 2010 and new figures on website). Highlights include 7.5m @ 18.83g/t gold in hole 104 and 33m @ 1.82g/t gold in hole 101 from Moreira Gomes and 11m @ 3.09g/t gold from Central.