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Re: News Releases - Tuesday, October 20, 2009
Messina Minerals Inc. Grab Sample Results from Daniels Harbour NL
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P R E S S R E L E A S E
October 20, 2009
Messina Minerals Inc. Grab Sample Results from Daniels Harbour NL
Vancouver, BC, October 20, 2009 - Messina Minerals Inc. (TSX-V:MMI) has
received assay results from surface grab sampling on the Daniels
Harbour Property located in western Newfoundland, Canada. Messina
acquired the property by staking and owns a 100% interest. The
property covers the site of the former Daniels Harbour zinc mine, owned
by Teck Corporation, which produced approximately 7 million tonnes of
ore grading 8% zinc with by-product cadmium credits from 1975 to 1990.
The mineralization at Daniels Harbour is described as
"Mississippi-Valley Type" hosted by Ordovician age carbonate rocks.
The objective of the initial reconnaissance program was to map surface
exposures and road and power infrastructure at the Daniels Harbour
Property and integrate this information with Messina's developing
geological compilation. A second objective was to locate and assay
representative sphalerite (zinc-enriched) mineralization left-over from
the mining operation. Messina also collected and donated approximately
400 pounds of sphalerite mineralization on behalf of the Newfoundland
Branch -- Canadian Institute of Mining, Metallurgy and Petroleum
("CIM") for inclusion in mineral identification kits.
A total of 15 rock grab samples of sphalerite (zinc) mineralization
were collected from six separate mined areas within the Daniels Harbour
property where the mineralization had been intentionally left in place
as representative of ore types. Five of Messina's samples assayed
between 54% zinc to 64% zinc, eight samples assayed between 30.6% zinc
and 46.4% zinc, and two samples of lower grade mineralization contained
14% zinc to 15% zinc. Duplicate check assaying confirmed these
results. All 15 grab samples also contained greater than 110 ppm
cadmium.
The Daniels Harbour property is transected by numerous paved and gravel
roads which supported the former mine and remain in good condition.
Two powerlines also transect the property. The property is 5 km from a
provincial highway and 10 km from the coastal community of Daniels
Harbour.
On-going Work:
Compilation of historical drilling and assay intersections adjacent to
the former mine workings is continuing. The overall objective is to
identify prospective areas for similar zinc mineralization adjacent to
the former Daniels Harbour mine workings. Recommendations for further
work in 2010 will be based upon the results of data compilation to be
completed by December 2009.
Sample Protocols
All samples were photographed and tested using a magnetic
susceptibility meter. Samples were submitted to Eastern Analytical of
Springdale, NF for analysis. All samples were assayed for gold by fire
assay -- atomic absorption finish. All samples were also analyzed for
34 elements by ICP (inductively coupled plasma). 'Over-limit' zinc and
silver results using the ICP method were analyzed by assay techniques
standard to that element. Over-limit (>110 ppm) cadmium results were
not quantitatively determined. Pulps and coarse rejects from these
samples have been retained. Messina uses protocols standard to the
industry and professional QA/QC procedures for assaying including the
use of laboratory standards, blanks, and duplicates, the retention of
pulps and coarse rejects, and the maintenance of chain-of-custody among
other procedures.
About Messina
Messina Minerals Inc. is exploring for zinc-lead-copper-silver-gold
massive sulphide deposits in central Newfoundland, Canada on its
extensive 410 square kilometer mineral lands, in a region known
historically for its zinc resources and where the Company has made
massive sulphide discoveries including "Boomerang" and "Domino". See
our website for more information.
Kerry Sparkes, P.Geo., Vice President of Messina Minerals Inc. is the
Qualified Person who has reviewed and is responsible for the technical
data contained in this news release.
ON BEHALF OF THE BOARD OF DIRECTORS OF
MESSINA MINERALS INC.
"Peter Tallman"
President
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
For further information
Please contact:
Peter Tallman
President
(604)688-1508
Fax: (604) 601-8253
Email: info@messinaminerals.com
Website: www.messinaminerals.com
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Copyright (c) 2009 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 Oct 20, 2009 at 6:54:05 AM Pacific Time
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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. |