Magellan Minerals Ltd. (MNM.V) Provides Update on Drilling Program in Brazil
Recently, Magellan Minerals Ltd. provided an update on the Company’s drilling program at the Coringa project in northern Brazil. Diamond drilling at Coringa is now in progress and 2552m (20 diamond drill holes) have undergone completion so far. The Company also received results on five additional holes. Two of the five holes underwent drilling at the new target area of Mae de Leite, 2 kilometers along strike and to the north of the gold resource at the Meio Zone. These particular holes intersected a well-developed mineralized zone varying from 1.3 to 9.0m in width. Hole 96 underwent drilling roughly 80m…