Messina Minerals Inc.

Published : January 03rd, 2008

Drills 7.3 m of 16.9% Zinc, 2.8% Lead, 1.0% Copper at Long Lake

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Keywords :   Canada | Copper | Gold | Lead | Silver | Zinc |

Re:        News Releases - Thursday, January 03, 2008
Title:     Messina (MMI-TSXV) Drills 7.3 m of 16.9% Zinc, 2.8% Lead, 1.0% Copper at Long Lake

Messina Minerals Inc. (MMI-TSXV) has discovered a 'thickened zone" of zinc-lead-copper-silver-gold enriched massive sulphide mineralization at the Main Zone 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. Drilling will resume in January 2008 targeting extensions of this thickened zone described below.

Two of the last three holes drilled in 2007 at the Main Zone have intersected a thickened zone of zinc-lead-copper-silver-gold mineralization. The thickened zone has an indicated vertical height so far of 120 meters and a lateral extent of 50 meters, an average true thickness of 6.1 meters, and a measured average density factor of 4.0. The thickened area remains open to the east, west, and to depth with little constraint, and is within the eastern - lower portion of the extensive Main Zone zinc-lead-copper-silver-gold massive sulphide prospect.

Previous and historic drilling has intersected Main Zone zinc-lead-copper-silver-gold mineralization over a 325 meter strike length and to a vertical depth of 600 meters. The Main Zone remains open to the east and west and at depth beyond these historic intersections and has high potential for additional discoveries. A vertical longitudinal map is available on the Company's website.

Drill Results
Hole LL07-26B intersected 9.91 meters assaying 11.4% zinc, 1.8% lead, 1.3% copper, 75 g/t silver and 1.1 g/t gold at 240 meters below surface. Hole LL07-25 intersected 7.3 meters assaying 16.9% zinc, 2.8% lead, 1.0% copper, 85 g/t silver and 0.7 g/t gold at 280 meters below surface. These intersections are interpreted to correlate with an historic 9.15 meter intersection of massive sulphides assaying 13.4% zinc, 1.1% lead, 2.1% copper, 30 g/t silver, and 0.7 g/t gold at 360 meters below surface in LL95-22A. New drill assay results are listed in the "Main Zone Drill Results" below, presented in order of increasing depth from surface. Assays for historic hole LL95-22A are included for reference.

Summary Table: Main Zone Drill Results

Hole ID From (m) To (m) Interval (m) Cu % Pb % Zn % Ag g/t Au g/t Section (m) Elev (m) Type
Surface                   340  
LL07-24A 252.60 258.50 5.90 0.2 0.1 1.9 5 0.1 9075E 115 SS
LL07-26B 255.53 265.44 9.91 1.3 1.8 11.4 75 1.1 9025E 100 MS
LL07-25 307.50 314.80 7.30 1.0 2.8 16.9 85 0.7 9050E 60 MS
LL95-22A 414.60 423.75 9.15 2.1 1.1 13.4 30 0.7 9000E -20 MS
(*MS is massive sulphides; SS is stringer 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. The mineralization has a steep 85 degree dip. Results continue to demonstrate the excellent continuity of copper, lead, zinc, silver and gold mineralization.

There are no NI43-101 compliant resources estimated at this property. Messina has completed Main Zone drilling between sections 8950E to 9050E to 270 meters below surface with sufficient density to permit an estimate of zinc-lead-copper-silver-gold mineral resources, which is in progress.

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.

For further information please contact:
Peter Tallman, President or Carey Livingstone, Corporate Communications
Phone: (604) 688-1508
Fax: (604) 601-8253
Email: info@messinaminerals.com
Website: www.messinaminerals.com

Copyright © 2008 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 ..

Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Messina Minerals Inc.

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CODE : MMI.V
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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.

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Annual reports of Messina Minerals Inc.
Annual Report 2007
Financings of Messina Minerals Inc.
10/15/2009Closing of Private Placement
9/25/2009Announces Private Placement
6/8/2009Closing of Private Placement
9/28/2007Closes $7 Million Private Placement
9/20/2007 Announces $7 Million Private Placement
Project news of Messina Minerals Inc.
12/20/2013Canadian 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...
1/9/2012Drilling Update at Brook Zone, Victoria Property
12/16/2011Commences Drilling at Brook Zone, Victoria Property
10/24/2011Commissions 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...
9/10/2007Drilling Results at Long Lake East
9/6/2007Domino, Hurricane, and TouchDown Drilling Results
8/23/2007(Long Lake)Initial Drilling Results at Long Lake
8/8/2007Intersects 6.54 meters of 2.8% Copper, 2.4% Zinc at Skidder
7/12/2007Intersects 5.75 meters of 2.7% Copper, 0.9% Zinc at Skidder
6/13/2007Agrees to Acquire Victoria River Property from Altius Resour...
6/12/2007Infill 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...
5/8/2007Discovers New Massive Sulphide Zone at TouchDown
4/20/2007Intersects Boomerang: 6.8 meters of 18.0% Zinc, 4.4% Lead, 0...
Corporate news of Messina Minerals Inc.
12/17/2013Shareholders Approve Arrangement
10/22/2013Announces Update on Agreement with Canadian Zinc
9/12/2013CANADIAN ZINC AND MESSINA MINERALS ANNOUNCE AGREEMENT ON PRO...
2/19/2013Share Consolidation
1/24/2013Announces Share Consolidation; Adoption of Advance Notice Po...
2/21/2012Intersects 5.5% Copper over 4 meters at Brook Zone, Victori...
4/14/2011to Acquire New Victoria Copper Properties, Central Newfoundl...
5/21/2008Messina Minerals Begins Drilling near Boomerang
5/7/2008Launch New Website
2/29/2008Results of AGM
1/3/2008Drills 7.3 m of 16.9% Zinc, 2.8% Lead, 1.0% Copper at Long L...
11/21/2007Drills 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...
10/4/2007Drilling Long Lake
10/3/2007 Drilling Tulks East
9/27/2007option to acquire an interest in Messina's Long Lake Reid Lo...
6/21/2007Reports Mineral Resources at Boomerang/Domino, Newfoundland
5/31/20072007 Exploration Program
4/5/2007Resource and Exploration Updates
3/15/2007Increases "Hurricane" Thickness: 15.3 meters of 13.0% Zinc, ...
2/24/2007welcomes Mr. Gordon Ulrich to theposition of DirectorCorpora...
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