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Magellan Options an Additional 1,917 Hectares East of Coringa Gold Project, Brazil
May. 18, 2010 10:19AM PST
Gold InvestingMagellan Minerals Ltd. (TSX VENTURE:MNM) reported that the company has optioned a 100% interest in an additional claim of 1,917 hectares immediately adjacent to and east of the Coringa exploration claims.
Magellan Minerals Ltd. (TSX VENTURE:MNM) reported that the company has optioned a 100% interest in an additional claim of 1,917 hectares immediately adjacent to and east of the Coringa exploration claims.
The press release is quoted as saying:
This additional claim consolidates highly prospective ground where previous stream sediment sampling (pan concentrates) confirms anomalous gold values within the Coringa East area.
Click here to access the entire press release