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VANCOUVER, BRITISH COLUMBIA, May 14, 2010 (MARKETWIRE via COMTEX) -- Magellan Minerals Ltd.

/quotes/comstock/11v!e:mnm (CA:MNM 0.80, 0.00, 0.00%) ("Magellan") announces that further to its news release dated May 5, 2010, it has filed today with the British Columbia, Alberta, Ontario and Nova Scotia Securities Commissions, a NI 43-101 Technical Report dated April 30, 2010 (the "Report") in connection with the Preliminary Economic Assessment of its Coringa Project, located in Novo Progresso, Brazil..

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