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Re: News Releases - Tuesday, May 08, 2007
Messina Minerals ("MMI") Discovers New Massive Sulphide Zone at
TouchDown
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SUMMARY
Messina Minerals Inc. has made a new discovery of massive sulphide
mineralization in the first drill hole completed at the TouchDown
target on the Tulks South Property located in central Newfoundland.
TD07-01 intersected a 33.2 meter interval including 24.35 meters of
massive pyritic sulphide. The discovery is 2,500 meters northeast of
and along strike from Messina's Boomerang, Hurricane, and Domino
copper-lead-zinc-gold-silver massive sulphide discoveries and within
geologically very similar host rocks.
TouchDown Target Description and Results
The TouchDown target is comprised of a gravity (density) anomaly
extending from 5900E to 6800E (900 meter anomaly). The current western
limit of the gravity survey is 5900E, so the anomaly continues beyond
the surveyed extent. The gravity anomaly is coincident with a 700 meter
long strong HLEM electrical conductor between 6100E and 6800E; the
western limit of the HLEM survey is 6100E so the HLEM anomaly also
remains open in this direction.
A "TouchDown Gravity Anomaly Map" is available on Messina's website.
One drill hole has tested the TouchDown target on L6600E. TD07-01
intersected a 33.2 meter interval from 35.8 meters to 69.0 meters
including 24.35 meters of massive sulphides interlayered with black
chert, chloritic sediments, and greywacke containing massive sulphide
clasts at approximately 50 meters below surface. Pyritic massive
sulphide intervals continue to occur downhole to 99.0 meters. TD07-01
was drilled at --45 degrees dip at 143 degrees bearing to a length of
129.5 meters. There is some folding evident in the core, consequently
the true thickness of the mineralization cannot be estimated without
additional drilling.
Assays for samples from the interval 35.8 meters to 69.0 meters
indicate the 33.2 meter interval is geochemically anomalous with 200
ppm copper, 700 ppm zinc, 1.4 g/t silver, and 36 ppb gold.
Comparison to Boomerang GA04-10
The first hole Messina drilled at Boomerang, GA04-10, intersected 19.8
meters (from 225.8m to 245.6m) called 'debris flow' in 2004 comprised
of pyritic massive sulphide interlayered with black chert, chloritic
sediments and greywacke containing massive sulphide clasts (NR's
December 8th and 10th, 2004). The GA04-10 19.8 meter sulphide interval
contained geochemically anomalous values of 0.1% copper, 0.4% lead,
0.7% zinc, 18.3 g/t silver, and 0.4 g/t gold. Boomerang discovery hole
GA04-11 was drilled 100 meters along strike from GA04-10 and
intersected 13.9 meters of base metal rich massive sulphides. The
massive sulphides and associated rock types in GA04-10 are closely
similar to those identified in TD07-01.
Further TouchDown Work
Drilling at TouchDown is expected to resume in June following
completion of drilling necessary for the Boomerang resource estimate.
Additional gravity and HLEM surveying between Hurricane/Domino and
TouchDown is expected to begin in June subject to availability of
contractors.
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 using 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.
About Messina
Messina is drilling zinc-lead-copper-silver-gold enriched massive
sulphides 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 massive sulphide 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.
Gerry Squires, P.Geo., Chief Geologist of Messina Minerals Inc. is the
Qualified Person responsible for exploration at Boomerang 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.
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Copyright (c) 2007 MESSINA MINERALS INC. (MMI) All rights reserved.
For more information visit our website at
http://www.messinaminerals.com/ or send mailto:info@messinaminerals.com
Message sent on Tue May 8, 2007 at 7:45:11 AM Pacific Time
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