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Magellan Minerals: Trench Results From Coringa Expand Valdette Zone
May. 17, 2011 07:33AM PST
Gold InvestingMagellan Minerals Ltd. (CVE:MNM) reports trench results from several additional trenches at the Valdette soil anomaly as well as three initial trenches at the Demetrio zone.
The press release is quoted as saying:
The objective of the 2011 diamond drilling program at Coringa is to significantly expand on the existing resource of 269,450 oz of gold in the Measured and Indicated category which has an average grade of 8.53 g/t and the Inferred material which averages 9.34 g/t gold and totals 98,224oz.
Click here to access the entire news release.
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