Gold Price: US $1,181.4/ounce
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Magellan Minerals Ltd. (TSX-V: MNM) is a Canadian-based junior gold exploration company focused on mineral exploration and development in the state of Para in northern Brazil. The Company has interests in a number of properties in the Tapajos region which has a historic gold production estimated at 20-30Moz of gold. The Company has two advanced gold projects, Cuiu Cuiu and Coringa.

 

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