Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
AnglaisFrancais
Cours Or & Argent en

Magellan Minerals Ltd

Publié le 27 mai 2010

Extends Meio Zone at Coringa Project and Expands Drill Program

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter
Mots clés associés :   Canada |

MAGELLAN EXTENDS MEIO ZONE AT CORINGA PROJECT, BRAZIL, AND EXPANDS DRILL PROGRAM

 

Vancouver, BC, May 27, 2010 ? Magellan Minerals Ltd. (TSX-V: MNM) (?Magellan?) is pleased to provide an update on its drilling program at the Coringa project in northern Brazil

Diamond drilling at Coringa is currently in progress and 2216m (17 diamond drill holes) of the proposed 2500m program have been completed to date.  Results for 12 holes have been received.  Nine holes were drilled on the immediate extensions of the Meio resource block and three holes (87,88 and 89) in a new target area approximately 800m to the southeast of the Meio zone (see Figures on website: www.magellanminerals.com). Holes 82 and 83 drilled over a 150m strike and immediately to the southeast of the Meio gold resource (see press release on October 8, 2009 and PEA study, May 5, 2010), returned 2.0m at 10.12g/t Au and 1.1m at 10.02g/t Au. Lower grade gold mineralization and characteristic chloritic-hematiitic and sericitic alteration associated with the Meio structure were intersected for another 300m along strike and south of Hole 83 (see Figures on website: www.magellanminerals.com).  A table of results for the Meio extension is shown below.

Table of Results: Meio Extension Zone

Hole ID

From (m)

To (m)

Width (m)

Gold (g/t)

(BR_COR)

 

 

 

 

DDH82

36.0

38.0

2.0

10.12

DDH83

88.0

89.1

1.1

10.02

DDH84

No significant mineralization

DDH85

123.7

125.2

1.5

0.65

 

135.7

136.7

1.0

1.53

DDH86

86.4

88.4

2.0

0.70

 

96.4

98.0

1.6

1.90

DDH90

No significant mineralization

DDH91

No significant mineralization

DDH92

65.8

67.4

1.6

0.98

DDH93

64.0

64.5

0.5

3.81

 

99.6

100.1

0.5

7.48

DDH94

Results awaited

DDH87

No significant mineralization

DDH88

No significant mineralization

DDH89

No significant mineralization

 

Recent soil sampling has identified several new gold-in soil anomalies which are parallel and immediately to the west of the main structure. One of these anomalies extends for 2.5km and is still open. None have been drilled previously and will be the focus of three additional diamond drill holes which will extend the total drill program  by an additional 500m to a total of 3000m. Drilling at Coringa is expected to be completed by the end of June.

 

Ian Gendall, Chief Operating Officer of Magellan stated that ?we are very pleased to be able to report the southern expansion of the Meio zone at Coringa, and whilst some of the holes did not return economic values, the results returned to date will result in an expanded resource estimate. In addition, the recent identification of several parallel gold-in-soil anomalies raises the possibility of parallel, and as yet untested gold bearing structures?

 

Holes were drilled at angles of 50 to 60 degrees.  All core samples (HQ diameter) were cut with a diamond saw and one-half of the core placed in bags, numbered and sealed then sent via a secure transport agency to the Company?s office in Novo Progresso before shipping via secure transport to ACME preparation laboratory in Itaituba for sample preparation.  Core samples were crushed down to 2 mm and a 1 kg split taken and pulverized to better than 85% minus 200 mesh.  From Itaituba, ACME sent the pulp samples to Vancouver, Canada  for assaying.  Gold analysis was by fire assay of a 30 g sample and atomic absorption finish.  Silver and additional 35 elements using a 4 acid digestion were analyzed by Inductively Coupled Plasma Mass Spectrometry (ICP-MS).  ACME is an ISO 9001 registered laboratory and has a quality control program in place which includes standards, blanks, repeats, and duplicates.

 

Magellan?s QA/QC program also includes the insertion of standards, field duplicates and  blank material in the sample sequence with the normal core samples to monitor sampling variances, laboratory precision and accuracy, and to identify problems caused by poor sampling, preparation, assaying errors and possible sample contamination.

 

Ian Gendall (Pr. Sci. Nat.), Magellan?s Chief Operating Officer and a "qualified person" within the definition of that term in NI 43-101, has prepared and reviewed the technical information contained in this news release.

 

For further information, please contact:

Alan Carter                                                                           Ian Gendall

President and CEO                                                             COO

Tel:     604.676.5663                                                           Tel: 604 676 5660

Email: info@magellanminerals.com                                              Email: info@magellanminerals.com

 

 

Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Magellan Minerals Ltd

EXPLORATEUR
CODE : MNM.V
ISIN : CA55908M1086
Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
ProfilIndicateurs
de Marché
VALEUR :
Projets & res.
Communiqués
de Presse
Rapport
annuel
RISQUE :
Profile actifs
Contactez la cie

Magellan est une société d’exploration minière d'or basée au Canada.

Ses principaux projets en exploration sont PORQUINHO, CORINGA, MARANHENSE, MATO VELHO, JERIMUM BAIXO, UNIÃO, NHAMUNDÁ et CUIU CUIU au Bresil.

Magellan est cotée au Canada. Sa capitalisation boursière aujourd'hui est 15,4 millions CA$ (12,0 millions US$, 10,5 millions €).

La valeur de son action a atteint son plus haut niveau récent le 17 décembre 2010 à 1,94 CA$, et son plus bas niveau récent le 22 janvier 2016 à 0,03 CA$.

Magellan possède 205 850 000 actions en circulation.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
 
Financements de Magellan Minerals Ltd
24/12/2009Completes $21 Million Brokered Private Placement
03/06/2010Completes $7.5 Million Brokered Private Placement
11/12/2009Announces $20 Million Brokered Private Placement
Nominations de Magellan Minerals Ltd
05/07/2011Gord Allen Joins Magellan as Head of Regional Exploration
Projets de Magellan Minerals Ltd
08/04/2015(Coringa).: Feasibility Study Resource Estimate at Coringa Returns In...
29/08/2013(Coringa)Reports Results from Infill Drilling at the Coringa Project,...
27/06/2013(Coringa)Confirms Metallurgical Results as Part of Feasibility Study ...
17/04/2013(Coringa)Provides Update on Feasibility Study at the Coringa Project,...
12/03/2013(Coringa)Commences Drilling at Coringa as Part of Feasibility Study
05/02/2013(Cuiu Cuiu)Reports Results from Exploration Drilling at Cuiu Cuiu Proje...
15/01/2013(Coringa)Announces the Initiation of a Feasibility Study for the Cori...
11/10/2012(Cuiu Cuiu).: Channel Sample Results From Ivo Zone at Cuiu Cuiu Return ...
28/06/2011(Coringa)Adds Third Drill Rig at Coringa Project and Identifies New M...
12/04/2011(Coringa)Surface sampling at Coringa project extends main structure 3...
08/04/2011(Coringa)Trench Results from the New Valdette Zone at Coringa, Brazil...
08/04/2011(Coringa)Trench results from the new Valdette zone at Coringa, Brazil...
08/03/2011(Cuiu Cuiu)Announces Initial Resource Estimate at Cuiu Cuiu Project, Br...
08/06/2010(Cuiu Cuiu)Drills 136.2m at 0.91g/t Gold and Extends Central Zone by 23...
27/05/2010(Coringa)Extends Meio Zone at Coringa Project and Expands Drill Progr...
18/05/2010(Coringa)Options an Additional 1,917 Hectares East of Coringa Gold Pr...
07/04/2010(Coringa)Provides Update on Coringa Project
28/09/2009(Cuiu Cuiu)Commences Drilling at Cuiu Cuiu
14/09/2009(Cuiu Cuiu)Provides Exploration Update on Cuiu Cuiu and Coringa Project...
Communiqués de Presse de Magellan Minerals Ltd
19/01/2016Magellan Makes US$500,000 Troy Payment
18/12/2015Magellan Extends Troy Agreement; Ken Nilsson Joins Magellan ...
03/11/2015Magellan Expands Non-Brokered Private Placement to $1,100,00...
24/09/2015Magellan Pays Troy Deposit Regarding Andorinhas Processing P...
23/09/2015Magellan Appoints Zengliang Li to Board of Directors
26/08/2015Magellan Agrees to Acquire Andorinhas Processing Plant, Asso...
04/08/2015Magellan Announces $500,000 Non-Brokered Private Placement
08/04/2015Feasibility Study Resource Estimate at Coringa Returns Incre...
08/04/2015Magellan Minerals Ltd.: Feasibility Study Resource Estimate ...
02/12/2014Magellan Completes Third and Final Tranche of $3,000,000 Pri...
17/10/2014Magellan Completes Second Tranche of $3,000,000 Private Plac...
23/09/2014Magellan Completes First Tranche of $3,000,000 Private Place...
04/09/2014Magellan Announces $3,000,000 Private Placement
11/08/2014Magellan Completes Shares for Debt Settlement
31/07/2014Magellan Enters Into Debt Settlement Agreement
06/05/2014Termination of Letter of Intent on Pocone Project, Brazil
11/09/2013(Coringa)Drills 3m @ 12.58 g/t Gold and Extends Three Key Zones at th...
12/06/2013(Coringa)Agrees Financial Advisory Role with Endeavour Financial for ...
12/12/2012(Coringa)Announces the Filing of a Preliminary Economic Assessment fo...
14/11/2012(Cuiu Cuiu)Commences Drilling at Ivo and Ratinho Targets, Cuiu Cuiu Pro...
01/11/2012(Coringa)Announces Positive Preliminary Economic Assessment for the C...
23/10/2012(Cuiu Cuiu)Trenching Returns 5m @ 54.8g/t Gold from the Ivo Zone at Cui...
12/07/2011(Coringa)Reports Initial Drill Results Including 36.7m @ 0.79g/t Gold...
31/05/2011Announces Voting Results of 2011 Shareholders Meeting
17/05/2011(Coringa).: Trench Results From Coringa Expand Valdette Zone and Iden...
12/05/2011(Cuiu Cuiu)Drills 24m @ 4.06 g/t Gold at Eastern Extension to Moreira G...
29/04/2011Adopts Shareholder Rights Plans and Grants Stock Options
08/04/2011is Pleased to Announce that National Bank and Mackie Researc...
18/08/2010Drills 84m @ 1.24 gold and extends mineralized zone by 600m ...
22/07/2010Drills 112m of 1.70g/t Gold at Moreira Gomes
08/07/2010Drills 53.6m @ 1.3g/t Gold and Continues to Expand Central Z...
23/06/2010Drills 32.1m @ 1.05g/t gold at Moreira Gomes
18/11/2009Signs Deal to Acquire Majority Interest in Creporizinho Gold...
14/05/2010Announces up to $7.5 Million Equity Financing
28/01/2010Drills 82.5m @ 1.02 g/t Gold and Extends Central Zone
05/01/2010Commences Preliminary Economic Assessment at Coringa
08/10/2009Reports Initial Resource Estimate at Coringa Project
01/09/2009Completes Plan of Arrangement with Chapleau
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
TSX-V (MNM.V)
0,075-6.25%
TSX-V
CA$ 0,075
05/05 12:11 -0,010
-6,25%
Cours préc. Ouverture
0,080 0,080
Bas haut
0,075 0,085
Année b/h Var. YTD
 -  -
52 sem. b/h var. 52 sem.
- -  0,075 -6,25%
Volume var. 1 mois
35 000 -6,25%
24hGold TrendPower© : 7
Produit
Développe
Recherche Bauxite - Gold
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Dernière mise à jour le : 09/06/2010
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
 
Graphique 5 ans
 
Graphique 3 mois
 
Graphique volume 3 mois
 
 
Nouvelles des Sociétés Minières
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
0,12 AU$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
7,45 AU$+0,68%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
2,20 AU$+0,00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
3,86 AU$+0,00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
0,12 CA$+4,55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
0,02 CA$+100,00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
5,34 US$-4,81%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,84 GBX-1,18%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,09 CA$+5,88%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
1,96 CA$-10,50%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
8,16 CA$-0,85%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,20 CA$+8,33%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,33 AU$-2,94%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
2,41 CA$+2,99%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
68,30 US$+0,74%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,03 AU$+0,00%Trend Power :