| | Published : October 30th, 2007 | Discovers 12.3% Zinc, 0.9% Lead, 1.7% Copper over 5.35 m at Long Lake |
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Re: News Releases - Tuesday, October 30, 2007
Title: Messina (MMI-TSXV) Discovers 12.3% Zinc, 0.9% Lead, 1.7% Copper over 5.35 m at Long Lake
Messina Minerals Inc. (MMI-TSXV) has released results from the first four drill holes totaling 605.4 meters of a planned 2,600 meter program testing the Main Zone zinc-lead-copper-silver-gold prospect within the Company's Long Lake Property in central Newfoundland, Canada. The Main Zone is located 20 kilometers east-northeast of the Boomerang/Domino zinc-lead-copper-silver-gold mineral resources within the adjacent Tulks South Property.
Summary
The results of the four holes show the potential for further discoveries with additional drilling. There are no NI43-101 compliant resources estimated at this property. This program of additional Diamond drilling is intended to permit an estimate of zinc-lead-copper-silver-gold mineral resources at the Main Zone.
Two holes (LL07-15 and -16) have intersected thickened zones of copper- lead- and zinc-enriched mineralization at approximately 135 meters below surface.
The drilling confirms the excellent continuity of copper, lead, zinc, silver and gold mineralization from near surface to 170 meters depth.
Subintervals within the massive sulphide mineralization have high copper, lead, and zinc grades (e.g. 5.2% copper, 2.4% lead, and 17.7% zinc over 0.95m in LL07-16).
Results show thicknesses potentially increasing with depth. Additional drilling with a 'deeper' drill rig is now planned in 2008 following completion of the current 'shallow' testing program. The shallow drill testing continues.
Results
Five holes have been drilled on section 9025E (including LL07-03A reported in NR August 23, 2007). Results are tabulated below, ordered from shallower to deeper. LL07-15 intersected mineralization 25 meters west of section, on 9000E; LL07-16 on 9025E is 25 meters east of LL07-15 at approximately the same depth.
The new drilling systematically tested the Main Zone from 50 meters to 135 meters vertical depth on section 9025E. The zinc-lead-copper enriched massive sulphides are associated with abundant barite and are underlain by a regionally extensive unit of intensely altered felsic volcanic rocks containing stringer and disseminated sulphides. All holes were drilled southerly at approximately 156 degree azimuth. The true thickness of the mineralization is estimated to be 0.7 times the interval length.
Hole ID |
From (m) |
To (m) |
Interval (m) |
Cu % |
Pb % |
Zn % |
Ag g/t |
Au g/t |
Section (m) |
Elev (m) |
Type |
|
Surface |
|
|
|
|
|
|
|
|
|
340 |
|
LL07-13 |
72.50 |
73.35 |
0.85 |
1.1 |
0.7 |
11.6 |
43 |
0.7 |
9025E |
290 |
MS |
LL07-14 |
92.25 |
92.70 |
0.45 |
2.3 |
2.8 |
19.3 |
77 |
0.7 |
9025E |
263 |
MS |
and also |
101.57 |
102.47 |
0.90 |
1.0 |
5.0 |
11.8 |
99 |
1.4 |
9025E |
258 |
MS |
LL07-15 |
149.42 |
154.77 |
5.35 |
1.7 |
0.9 |
12.3 |
40 |
1.1 |
9000E |
210 |
MS |
LL07-16 |
152.35 |
159.83 |
7.48 |
1.4 |
2.9 |
6.7 |
68 |
0.6 |
9025E |
205 |
MS |
including |
152.35 |
153.30 |
0.95 |
5.2 |
2.4 |
17.7 |
91 |
1.1 |
|
|
MS |
LL07-03A |
184.70 |
186.50 |
1.80 |
4.9 |
5.3 |
22.8 |
164 |
2.0 |
9025E |
170 |
MS |
(*MS is massive sulphides)
The objective of the drill program is to provide sufficient density of drilling to demonstrate continuity of zinc-enriched mineralization along-strike and down-dip, and to permit an estimate of zinc-lead-copper-silver-gold mineral resources. The drill program is expected to continue through November 2007 with shallow drilling and will resume in 2008 targeting deeper mineralization.
Messina Minerals Inc. is exploring for zinc-lead-copper-silver-gold massive sulphide deposits in central Newfoundland on its extensive 383 square kilometer mineral lands, in a region known historically for its zinc resources and where the Company has outlined indicated/inferred mineral resources at "Boomerang" and "Domino". Messina's strategy is to test its properties for zinc-copper mineralization that is additive to the Company's zinc-lead-copper-silver-gold resource base.
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 who has reviewed and is responsible for the technical data contained in 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.
- 30 -
For further information
Please contact:
Peter Tallman
President
(604)688-1508
Fax: (604) 601-8253
Email: info@messinaminerals.com
Website: www.messinaminerals.com
Copyright © 2007 MESSINA MINERALS INC. (MMI) All rights reserved. For more information visit our website at
http://www.messinaminerals.com/
or send email to
info@messinaminerals.com
..
Message sent on Tue Oct 30, 2007 at 8:49:56 AM Pacific Time
Data and Statistics for these countries : Canada | All Gold and Silver Prices for these countries : Canada | All
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Messina Minerals Inc.
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EXPLORATION STAGE |
CODE : MMI.V |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Messina Min. is a zinc and lead exploration company based in Canada. Messina Min. holds various exploration projects in Canada. Its main exploration properties are PUKASKA, LONG LAKE, HAVEN STEADY PROPERTY, COSTIGAN LAKE PROJECT, VICTORIA RIVER PROJECT, BOBBY'S POND PROJECT, HEALY BAY, TOPSAILS PROJECT, DANIELS HARBOUR, SUTHERLANDS POND, HUNGRY HILL, YORK HARBOUR, TULKS SOUTH - HURRICANE, TULK SOUTH - DOMINO, TULK EAST B ZONE, TULK SOUTH BOOMERANG, TULK EAST A ZONE, TULK LONG LAKE MAIN ZONE, SKIDDER, JAMES BAY LOWLANDS CLAIMS and PUKASKWA in Canada. Messina Min. is listed in Canada and in United States of America. Its market capitalisation is CA$ 754 980 as of today (US$ 709 455, € 518 966). Its stock quote reached its highest recent level on December 30, 2005 at CA$ 4.13, and its lowest recent point on February 01, 2013 at CA$ 0.01. Messina Min. has 12 583 000 shares outstanding. |
Annual reports of Messina Minerals Inc. |
Financings of Messina Minerals Inc. |
Project news of Messina Minerals Inc. |
12/20/2013 | Canadian Zinc Completes Messina Minerals Inc. Acquisition |
4/17/2012 | (Long Lake)Announces Filing of NI 43-101 Technical Report for the Long ... |
3/13/2012 | (Long Lake)Announces Initial Zinc Resource Estimate at the Long Lake Ma... |
1/9/2012 | Drilling Update at Brook Zone, Victoria Property |
12/16/2011 | Commences Drilling at Brook Zone, Victoria Property |
10/24/2011 | Commissions NI43-101 Resource Estimate on Main Zone, Centra... |
11/4/2009 | (Tulk South Boomerang)Identifies New Targets at Boomerang |
11/2/2009 | (Daniels Harbour)Acquires New Zinc Property at Daniels Harbour NL |
10/20/2009 | (Daniels Harbour)Grab Sample Results from Daniels Harbour NL |
8/10/2009 | (Haven Steady Property)Prospecting Results at Haven Steady, NL |
7/16/2009 | (York Harbour)Prospecting Results at York Harbour, NL |
5/5/2008 | (Tulk South - Domino)Positive Geophysics Results at Boomerang |
11/6/2007 | Boomerang Area Exploration |
11/1/2007 | Intersects 10.1% Zinc, 2.3% Lead, 0.5% Copper over 3.6 m at... |
10/22/2007 | Intersects 10.8% Zinc, 1.3% Lead, 0.7% Copper over 3.92 m a... |
9/10/2007 | Drilling Results at Long Lake East |
9/6/2007 | Domino, Hurricane, and TouchDown Drilling Results |
8/23/2007 | (Long Lake)Initial Drilling Results at Long Lake |
8/8/2007 | Intersects 6.54 meters of 2.8% Copper, 2.4% Zinc at Skidder |
7/12/2007 | Intersects 5.75 meters of 2.7% Copper, 0.9% Zinc at Skidder |
6/13/2007 | Agrees to Acquire Victoria River Property from Altius Resour... |
6/12/2007 | Infill Intersects Boomerang: 4.25 meters of 9.1% Zinc, 8.2% ... |
5/29/2007 | Infill Intersects Boomerang: 11.93 meters of 8.7% Zinc, 8.1... |
5/8/2007 | Discovers New Massive Sulphide Zone at TouchDown |
4/20/2007 | Intersects Boomerang: 6.8 meters of 18.0% Zinc, 4.4% Lead, 0... |
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Corporate news of Messina Minerals Inc. |
12/17/2013 | Shareholders Approve Arrangement |
10/22/2013 | Announces Update on Agreement with Canadian Zinc |
9/12/2013 | CANADIAN ZINC AND MESSINA MINERALS ANNOUNCE AGREEMENT ON PRO... |
2/19/2013 | Share Consolidation |
1/24/2013 | Announces Share Consolidation; Adoption of Advance Notice Po... |
2/21/2012 | Intersects 5.5% Copper over 4 meters at Brook Zone, Victori... |
4/14/2011 | to Acquire New Victoria Copper Properties, Central Newfoundl... |
5/21/2008 | Messina Minerals Begins Drilling near Boomerang |
5/7/2008 | Launch New Website |
2/29/2008 | Results of AGM |
1/3/2008 | Drills 7.3 m of 16.9% Zinc, 2.8% Lead, 1.0% Copper at Long L... |
11/21/2007 | Drills 15.7% Zinc, 2.7% Lead, 3.8% Copper over 2.1 m at Long... |
11/19/2007 | Retains Investor Relations Firm |
10/30/2007 | Discovers 12.3% Zinc, 0.9% Lead, 1.7% Copper over 5.35 m at... |
10/4/2007 | Drilling Long Lake |
10/3/2007 | Drilling Tulks East |
9/27/2007 | option to acquire an interest in Messina's Long Lake Reid Lo... |
6/21/2007 | Reports Mineral Resources at Boomerang/Domino, Newfoundland |
5/31/2007 | 2007 Exploration Program |
4/5/2007 | Resource and Exploration Updates |
3/15/2007 | Increases "Hurricane" Thickness: 15.3 meters of 13.0% Zinc, ... |
2/24/2007 | welcomes Mr. Gordon Ulrich to theposition of DirectorCorpora... |
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