VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/14/11 — Magellan Minerals Ltd. (TSX VENTURE: MNM) ("Magellan") is pleased to announce the commencement of initial reconnaissance drilling on a number of targets within its Mato Grosso JV gold project area in western Brazil.Magellan has a 35% interest in a joint venture with a private BC registered company, ECI Mining and Exploration Ltd., which also has a 35% interest in the project and is the operator of the joint venture, and Brazil
