The Conversation (0)
Magellan Updates Cuiu Cuiu Progress with Identification of Four New Gold Targets
Apr. 04, 2012 03:11PM PST
Gold InvestingMagellan Minerals Ltd. (TSXV:MNM,OTCQX:MAGNF) announced it has identified four new gold targets at the Brazil-based Cuiu Cuiu gold property.
Magellan Minerals Ltd. announced it has identified four new gold targets at the Brazil-based Cuiu Cuiu gold property.
As quoted in the press release:
Of 167 holes drilled at Cuiu Cuiu thus far, only 3 have targeted high grade vein structures at the Machiche (3.3m @ 7.4g/t gold) and Guarim showings (0.5m @ 30.2g/t gold). At least 20 high grade structures have been identified within the Cuiu Cuiu area to date.
Click here for the Magellan Minerals Ltd. press release.