Tuesday 25th October 2016

Resource Clips

Magellan reports Brazil Project Gold Assays as high as 6.1 g/t over 7m

Resource Clips - essential news on junior gold mining and junior silver miningMagellan Minerals Ltd TSXV:MNM announced results from the Serra, Meio and Domingo zones of its Coringa project in Brazil. Assays include

17.6 g/t gold over 0.6 metres
6.1 g/t over 7 metres (including 18.03 g/t over 2 metres)
11.52 g/t over 1 metre
4.8 g/t over 1.5 metres
17.74 g/t over 1.5 metres
12.05 g/t over 2 metres

The Coringa project has an NI 43-101 mineral resource estimate of 269,450 ounces measured and indicated, and 98,224 ounces inferred.

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Alan Carter

or Jennifer Duthie
Corporate Communications Manager

by Ted Niles

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