VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/10/12 -- Magellan Minerals Ltd. (TSX VENTURE: MNM)(OTCQX: MAGNF) ("Magellan") is pleased to announce that it has appointed John Kiernan as Vice President, Project Development with the responsibility of advancing the Coringa project through the current revised scoping study and the anticipated [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/23/12 -- Magellan Minerals Ltd. (TSX VENTURE: MNM)(OTCQX: MAGNF) ("Magellan") is pleased to announce that it has contracted Global Resource Engineering Ltd. ("GRE") to complete an updated Preliminary Economic Analysis ("PEA") concerning its Coringa project in northern Brazil. This work follows the [...]
Magellan is pleased to announce the closing of the previously announced transaction with Sandstorm Gold, whereby Magellan will grant Sandstorm Gold Ltd. a 2.5% net smelter returns royalty on the Coringa gold project and a 1.0% NSR on the Cuiu Cuiu gold project, both of which are located in Para state, Brazil. As consideration, Sandstorm paid [...]
Magellan is pleased to announce an agreement whereby Magellan will grant Sandstorm Gold a 2.5% net smelter returns royalty on the Coringa gold project and a 1.0% NSR on the Cuiu Cuiu gold project both of which are located in Para state, Brazil. As consideration, Sandstorm will provide an upfront cash payment of US$7.5 million and will subscribe for [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/07/12 -- Magellan Minerals Ltd. (TSX VENTURE: MNM)(OTCQX: MAGNF) ("Magellan") announces that further to its news release dated March 22, 2012, it has filed today with the British Columbia, Alberta, Ontario and Nova Scotia Securities Commissions, a NI 43-101 Technical Report dated May 7, 2012 (the [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 04/04/12 -- Magellan Minerals Ltd. (TSX VENTURE: MNM)(OTCQX: MAGNF) ("Magellan") is pleased to report the results of continued prospecting work aimed at targeting high grade structures at its Cuiu Cuiu project located in the state of Para in northern Brazil. The Cuiu Cuiu project currently contains [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/30/12 -- Magellan Minerals Ltd. (TSX VENTURE: MNM)(OTCQX: MAGNF) ("Magellan") is pleased to announce that it has entered into non-brokered term sheet with Global Royalty Corp ("GRC") pursuant to which Magellan will receive $5.25 million. Pursuant to the term sheet, Magellan will grant GRC a 1.5 [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/22/12 -- Magellan Minerals Ltd. (TSX VENTURE: MNM)(OTCQX: MAGNF) ("Magellan") is pleased to announce a National Instrument 43-101 compliant updated resource estimate for the Coringa Project, Para State, Brazil, which has been completed by independent consultants, Global Resource Engineering (GRE [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/21/12 -- Magellan Minerals Ltd. (TSX VENTURE: MNM)(OTCQX: MAGNF) ('Magellan') is pleased to announce the results of 14 additional exploration holes recently drilled at the Jerimum Cima, Jerimum Baixo and Moreira Gomes zones at the Cuiu Cuiu project in northern Brazil.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/14/12 -- Magellan Minerals Ltd. (TSX VENTURE: MNM)(OTCQX: MAGNF) ('Magellan') is pleased to report the results of a preliminary metallurgical study of ore from the Cuiu Cuiu project which was recently conducted by RDI (Resource Development Inc) of North Wheat Ridge, Colorado.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/07/12 -- Magellan Minerals Ltd. (TSX VENTURE: MNM)(OTCQX: MAGNF) ('Magellan') is pleased to report results from the last seven drill holes from the 2011 diamond drilling program, at the Coringa project, Brazil. As with previous holes reported, these are all step-out and exploration holes aimed at
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/01/12 -- Magellan Minerals Ltd. (TSX VENTURE: MNM)(OTCQX: MAGNF) ('Magellan') is pleased to announce the results of seven additional exploration holes recently drilled at the Central North zone at the Cuiu Cuiu project. Central North is located 300m - 600m north of the Central zone (comprising