VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/17/11 -- Magellan Minerals Ltd. (TSX VENTURE: MNM) ('Magellan') is pleased to report results from nine additional drill holes from the Serra, Come Quieto, Valdette, and Meio zones at the Coringa project, Brazil. These holes are all step-out and exploration holes aimed at expanding the existing resources of 269,450oz of gold in the measured and indicated categories
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