VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 12/05/14 — Magellan Minerals Inc. (TSX VENTURE: MNM) ("Magellan") announces that it has entered into a debt settlement agreement with one of its creditors, a provider of financial advisory services to Magellan in connection with the Coringa feasibility study.The principal terms of the agreement are as follows:Magellan also announces that in connection with its recently completed private placement (see news release dated December 2, 201
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/23/14 — Magellan Minerals Ltd. (TSX VENTURE: MNM)(OTCQX: MAGNF) ("Magellan") is pleased to announce that it has recommenced the feasibility study on its 100% owned Coringa gold project in Brazil which had been suspended since August 2013. The study is being led by Ausenco Engineering Canada Inc. (Ausenco) and Snowden Mining Industry Consultants (Snowden) and is expected to be completed during March 2015.Also included as part of the
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 09/11/13 — Magellan Minerals Ltd. (TSX VENTURE: MNM) (OTCQX: MAGNF) ("Magellan") is pleased to report that drill results have been received from six additional diamond drill holes recently completed at the Coringa project located in the southern part of Para state in northern Brazil. Coringa is located in an area of excellent infrastructure and is situated just 20km east of the main BR-163 highway and the Curua – Novo Progresso power l
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/29/13 — Magellan Minerals Ltd. (TSX VENTURE: MNM)(OTCQX: MAGNF) ("Magellan") is pleased to report drill results from eight additional diamond drill holes recently completed at the Coringa project located in the southern part of Para state in northern Brazil. These holes are part of the drill program announced in March (see press release dated 12th March 2013) and were designed to test certain portions of the resource that were desig
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/27/13 — Magellan Minerals Ltd. (TSX VENTURE: MNM)(OTCQX: MAGNF) ("Magellan") is pleased to report that metallurgical results from the first phase of testing for the Feasibility Study on the Coringa Project have been received.Highlights include:-Whole ore carbon in leach gold recoveries of greater than 95% after 24 hours of leaching were achieved from two composite samples; the first sample representing 243.64kg of sulphide ore from
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/12/13 — Magellan Minerals Ltd. (TSX VENTURE: MNM)(OTCQX: MAGNF) ("Magellan") is pleased to announce that it has engaged Endeavour Financial Limited (Cayman) ("Endeavour") to act as Magellan-s financial advisor regarding all aspects of identifying, assessing and securing project financing for the development of Magellan-s Coringa gold project.The Coringa project is located in the southern part of Para state in northern Braz
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/17/13 — Magellan Minerals Ltd. (TSX VENTURE: MNM)(OTCQX: MAGNF) ("Magellan") is pleased to provide an update regarding the ongoing feasibility study at its Coringa project, located in the state of Para in northern Brazil.Highlights include:-The Feasibility Study at Coringa is currently well advanced with two rigs currently operating on site with the objective of upgrading Inferred resources to the Measured and Indicated category at
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/12/13 — Magellan Minerals Ltd. (TSX VENTURE: MNM)(OTCQX: MAGNF) ("Magellan") is pleased to announce the commencement of diamond drilling at its Coringa project located in the southern part of Para state in Brazil.The drill program forms part of the ongoing feasibility study at Coringa (see press release dated 15th January 2013). The specific objectives of this program are to upgrade the inferred resources at the Serra, Come Quieto an
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/15/13 — Magellan Minerals Ltd. (TSX VENTURE: MNM)(OTCQX: MAGNF) ("Magellan") is pleased to announce that it has engaged a group of prominent mining industry consultants led by Ausenco to complete a feasibility study on the Coringa gold project in northern Brazil.HighlightsThe above group will be supported by Magellan staff in Vancouver and Brazil, and it is expected that the study will be complete near the beginning of Q4 2013.Qualif
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/13/12 — Magellan Minerals Ltd. (TSX VENTURE: MNM)(OTCQX: MAGNF) ("Magellan") is pleased to announce that it has negotiated a non-brokered private placement financing of 6,670,000 units (the "Units") of Magellan at a price of $0.30 per Unit, for gross proceeds of $2,001,000. Each Unit consists of one common share and one-half of a share purchase warrant. Each whole warrant is exercisable into one additional common share at a
