Messina Minerals INC

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Messina Minerals INC

 
12.02.07 07:51

Homepage:

http://www.messinaminerals.com/s/Home.asp

TSX-V: MMI

Messina Minerals Inc. (MMI: TSX Venture Exchange) is a Canadian mineral exploration and development company based in Vancouver, Canada with an exploration office and core facility located in Buchans Junction, central Newfoundland, Canada.

Messina is exploring for commercially exploitable mineral deposits in the historically known zinc-rich area of central Newfoundland, home to the formerly producing world-class base metal deposits at Buchans and Canada's newest mine at "Duck Pond".

Since December 2004 Messina has made two new high-grade zinc discoveries at Boomerang and Domino and has acquired a large land position totalling 323 square kilometers prospective for base metal and gold deposits. Messina's properties also include historic inferred zinc resources at Tulks East A Zone, Tulks East B Zone, and Long Lake Main Zone.

Messina has spent approximately $13 million dollars through 2006 developing its Newfoundland property, including the ongoing delineation of the Boomerang zinc-lead-copper-silver-gold massive sulphide deposit.

Messina has an exploration team comprised of 22 Newfoundlanders backed by experienced management who are collectively committed to building a successful exploration and development enterprise in Newfoundland for our shareholders.

permanent:

Domino Hightlights

 
12.02.07 07:54
FEBRUARY 9, 2007 - 11:31 ET Messina Minerals ("MMI") Intersects 19.0 Meters at Domino of 9.1% Zinc, 4.2% Lead, 0.5% Copper, 106 g/t Silver, 0.8 g/t Gold VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Feb. 9, 2007) - Messina Minerals Inc. (TSX VENTURE:MMI) is drilling zinc-lead-copper-silver-gold enriched massive sulphides at Domino, adjacent to the Boomerang massive sulphide mineral resource, within the Company's Tulks South Property located in central Newfoundland, Canada. The Tulks South Property represents a portion of the 327 square kilometer area of Messina's central Newfoundland mineral land holdings. The region is historically known as prospective for zinc-rich deposits and home to the formerly producing world-class base metal deposits at Buchans and currently home to a producing zinc-copper mine at Duck Pond.

Two holes at Domino have intersected extended intervals of zinc-lead-copper-silver-gold enriched massive sulphides. These holes increase the potential of Domino to host a significant mineral resource in addition to Boomerang.

DOMINO HIGHLIGHTS

- GA07-207 on section 3760E intersected 19.0 meters of massive sulphides assaying 9.1% zinc, 4.2% lead, 0.5% copper, 106 g/t silver, and 0.8 g/t gold. A 3.2 meter subinterval assays 27.7% zinc, 12.4% lead, 1.0% copper (41.1% combined base metals), 308 g/t silver and 1.4 g/t gold.

- GA07-206 on section 3815E intersected 25.95 meters of massive sulphides assaying 6.2% zinc, 2.6% lead, 0.4% copper, 74 g/t silver, and 0.7 g/t gold. A 16.35 meter subinterval assays 8.7% zinc, 3.6% lead, 0.5% copper, 94 g/t silver and 0.9 g/t gold.

- Domino has demonstrated continuity in both thickness and base metal enrichment over a 280 meter strike length. Domino is interpreted to be expanding in thickness and also in vertical extent to the east. Domino remains open to the east and to the west. These holes increase the potential of Domino to host a significant mineral resource, which is in addition to the adjacent Boomerang massive sulphide mineralization currently the subject of a mineral resource estimate being prepared by Snowden Mining Industry Consultants Inc.

DOMINO MASSIVE SULPHIDE ZONE DRILLING

The drill program is testing for thickening of Domino zinc-lead-copper-silver-gold enriched massive sulphides observed previously in holes GA06-96 (10.58 m interval) and GA06-197 (23.65 m interval). Two new holes, GA07-206 and GA07-207, have intersected extended intervals of massive sulphides. These intersections confirm the continuity of a thickened part of Domino zinc-lead-copper-silver-gold mineralization over a strike length of 280 meters from 3650E to 3930E (see assay table below). This thickened subzone remains open to the east, has a flat or very shallow plunge, and is untested east of GA06-197 on section 3930E. The data also suggests that the thickened portion of Domino is expanding in vertical height to the east. Refer to the attached map "Boomerang-Domino Long Section - Diamond Drill Intersections also available on the Company's website at www.messinaminerals.com/s/Boomerang.asp under the heading "Maps".

GA07-207 intersected 19.0 meters of massive sulphides assaying 9.1% zinc, 4.2% lead, 0.5% copper, 106 g/t silver, and 0.8 g/t gold. The intersection is located 40 m east of and 40 m below GA06-96 at -105 meter elevation ASL. The intersection is approximately 13 meters true thickness. A 3.2 meter subinterval from 570.0 to 573.2 meters assays 27.7% zinc, 12.4% lead, 1.0% copper, 308 g/t silver, and 1.4 g/t gold (41.1% combined base metals).

GA07-206 intersected 25.95 meters of massive sulphides assaying 6.2% zinc, 2.6% lead, 0.4% copper, 74 g/t silver, and 0.7 g/t gold. The intersection is approximately 18 meters true thickness. A 16.35 meter subinterval assays 8.7% zinc, 3.6% lead, 0.5% copper, 94 g/t silver and 0.9 g/t gold. The intersection is located 10 m west and 10 m above GA06-197 and 65 meters east from GA07-207 at -95 meter elevation ASL.

A summary of all Domino drill intercepts from 3650E (the western extent of thicker mineralization) to 3930E (the current eastern extent of thicker mineralization) is tabulated below.



Hole                          Section   From (m)   To (m) Interval     Cu %
--------------------------------------------------
  Surface
GA06-100                       3650E    514.02   517.55      3.53    1.0
GA06-193                       3700E    543.70   548.85      5.15    0.4
GA06-96                        3725E    536.50   547.08     10.58    0.5
GA07-207                        3760E    555.20   574.20     19.00    0.5
including                               570.00   573.20      3.20    1.0
GA06-109                       3800E    550.29   568.12     17.83    nsa
GA07-206                        3815E    545.15   571.10     25.95    0.4
including                               553.75   571.10     16.35    0.5
GA97-05                        3820E    555.50   559.10      3.60    0.5
GA06-197                       3825E    549.40   573.65     23.65    0.4
GA06-119                       3930E    622.50   634.19     11.69    0.4
GA06-128                       4025E    656.30   666.00      9.70    0.2

                                                                   Elev_m
                                  Pb %       Zn % Ag g/t    Au g/t    ASL
--------------------------------------------------
  Surface                                                             410
GA06-100                        8.7       23.8      267       1.3    -62
GA06-193                        3.7        7.1      104       0.6    -65
GA06-96                         5.5        7.3      128       1.0    -65
GA07-207                         4.2        9.1      106       0.8   -105
including                      12.4       27.7      308       1.4
GA06-109                        nsa        1.6        8       nsa    -75
GA07-206                         2.6        6.2       74       0.7    -95
including                       3.6        8.7       94       0.9
GA97-05                         2.5        7.0       73       0.6   -115
GA06-197                        3.0        6.6       82       0.7   -105
GA06-119                        3.5        4.7      121       0.5   -136
GA06-128                        1.0        1.8       57       0.3   -161

 

Specific gravity testing, rock quality determinations and photographic logging of all massive sulphide intersections are performed systematically by Messina staff prior to assaying. Assays are performed by Eastern Analytical Limited of Springdale, Newfoundland. Check assays and other lithogeochemical analyses are performed by Chemex Labs of North Vancouver, British Columbia. The Company is and will continue to use methodical and geoscientifically accepted procedures for assaying including quality control and quality assurance (QA/QC) including the use of duplicates and standards for all analytical testing.

Kerry Sparkes, Vice President Exploration of Messina Minerals Inc. is the Qualified Person responsible for exploration on the Company's properties in central Newfoundland and the person responsible for the technical data contained within this news release.

On behalf of the Board of Messina Minerals Inc.

Peter Tallman, President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.   CONTACT INFORMATIONMessina Minerals INC 3085328 Messina Minerals Inc.
Peter Tallman
President
(604) 688-1508
(604) 601-8253 (FAX)
Email: info@messinaminerals.com
Website: www.messinaminerals.com <!---close contact info-->
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