Advanced Gold Projects
Cuiú Cuiú
Coringa
Other Gold Projects
Mato Velho
União
Porquinho
Maranhense
Bauxite
Exploration Program
Work conducted at Porquinho to date by Magellan includes:
- Establishment of a base camp at the Porquinho airstrip, including a year-round water supply;
- Geological mapping and sampling of the known pits (110 channel and chip samples);
- A high resolution aero-geophysical survey (1362 line kilometers with 100m line spacing at 100m altitude);
- The completion of a 113 line kilometer grid (predominately 400m x 50m spacing);
- The collection and analysis of 2458 soil samples, and about 120 standards for QA/QC purposes;
- Expenditures to date, including payments to the owners of the traditional surface rights, are of US$220,000.
- Additional ground geophysics and sampling is planned during early 2008 to better define drill targets.