Magellan Minerals Cuiu Cuiu Project Video

Magellan Minerals Ltd. (TSX-V: MNM) is a well financed, Canadian-based junior exploration company focused on mineral exploration and development in the state of Para in northern Brazil. The Company has interests in a number of properties in the Tapajos region which has a historic gold production estimated at 20-30Moz of gold. The Company has two advanced gold projects, Cuiu Cuiu and Coringa. A breakdown of the 43-101 compliant resource estimate numbers is below for a total of 1.7Moz. The total resource estimates from each of the properties thus far are as follows:

Cuiu Cuiu: 1.2Moz Inferred (31Mt @ 1.2g/t) + 0.1Moz Indicated (3.4Mt @ 1.0g/t) (April 2011)
Coringa: 0.3Moz Indicated (1Mt @ 8.5g/t) + 0.1Moz Inferred (0.3Mt @ 9.3g/t) (September 2009)

Category:

Science & Technology

Tags:

• Magellan Minerals
• MNM
• MAGNF
• Brazil
• Gold Exploration
• Alan Carter
• Precious Metals
• Tapajos