Morgain Minerals Updates Pre-feasibility Report on Castillo Gold Mine (ccnm)
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 4, 2006) - Morgain Minerals Inc. ("Morgain") (TSX VENTURE:MGM) has retained A.C.A. Howe International Limited to prepare an updated pre-feasibility report on the economic and technical reasonableness of development plans for Morgain's 100% owned Castillo gold mine located in Durango State, Mexico.
In its pre-feasibility report dated January 2003, A.C.A. Howe recommended bulk heap leach testing of the Castillo Mine. This testing was completed in early 2006, and reported on by Metcon Research of Tucson, Arizona (see Morgain's news release dated March 8, 2006). A.C.A. Howe's new report will be prepared according to the guidelines set forth in National Instrument 43-101.
About Morgain Minerals Inc.
Morgain Minerals is a resource exploration company with a number of precious and base metal properties in Mexico. Its corporate strategy is to acquire properties with known resources that can be further developed to production status. Visit our website at www.morgainminerals.com for the latest corporate information.
FOR FURTHER INFORMATION PLEASE CONTACT:
Morgain Minerals Inc. Chester F. Millar Chairman and President (604) 643-1727 (604) 643-1726 (FAX) firstname.lastname@example.org www.morgainminerals.com
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