VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/25/11 — Magellan Minerals Ltd. (TSX VENTURE: MNM) ("Magellan") is pleased to report additional drill results from 5 holes from the Valdette and Demetrio zones at the Coringa project. These holes were drilled to test gold-bearing structures within large soil geochemical anomalies. Highlights from this set of results include 5.5m @ 6.49g/t gold from the Demetrio zone.The objective of this program is to expand on the Coringa resource whi