| | Published : August 23rd, 2007 | Initial Drilling Results at Long Lake |
|
Article
|
Comments
|
Comment this article
|
Rating
|
♥
Follow Company
|
|
Re: News Releases - Thursday, August 23, 2007
Title: Messina Minerals ("MMI") Initial Drilling Results at Long Lake
Messina Minerals Inc. has intersected zinc and copper enriched massive sulphides in five of six holes completed at the Long Lake Property located in central Newfoundland 18 km east of the Company's Boomerang/Domino massive sulphide resources.
Five holes tested within the Long Lake Main Zone historic resource area. The drill program is designed to evaluate the continuity and thickness of mineralization documented previously by Noranda in 1999.
The most significant result was obtained from LL07-04 which intersected an 8.7 meter interval assaying 11.2% zinc, 2.2% lead, 1.4% copper, 81 g/t silver, and 1.1 g/t gold. Assay results for all five holes are tabulated below.
Hole ID |
From (m) |
To (m) |
Interval (m) |
Cu % |
Pb % |
Zn % |
Ag g/t |
Au g/t |
East |
North |
Collar Dip |
|
LL07-01 |
89.60 |
90.36 |
0.76 |
1.6 |
2.10 |
14.8 |
58 |
0.8 |
9000 |
1858 |
-56 |
|
LL07-02A |
310.70 |
312.60 |
1.90 |
0.9 |
0.2 |
4.4 |
15 |
0.3 |
9000 |
1933 |
-73 |
|
LL07-03A |
184.70 |
186.50 |
1.80 |
4.9 |
5.3 |
22.8 |
164 |
2.0 |
9028 |
1877 |
-72 |
|
LL07-04 |
161.80 |
170.50 |
8.70 |
1.4 |
2.2 |
11.2 |
81 |
1.1 |
8974 |
1877 |
-68 |
including |
161.80 |
164.75 |
2.95 |
1.2 |
3.4 |
21.5 |
120 |
1.6 |
|
|
|
|
LL07-06 |
246.8 |
249.70 |
2.9 |
1.7 |
5.6 |
28.0 |
133 |
1.3 |
8968 |
1933 |
-65 |
|
All holes were drilled southerly at approximately 156 degree azimuth. The true thickness of the mineralization intersected is estimated to be 0.7 times the interval length indicated.
These holes were drilled on a portion of Messina's property, the RL 229 property, where Aldrin Resources Corp. can earn a 50% interest. Aldrin can earn a 50% interest in the RL 229 property by advancing $800,000 for exploration ($500,000 advanced to date), pay $630,000 to Messina, and issue 750,000 common shares of Aldrin to Messina. Messina is operator of the exploration programs.
Messina completed one additional hole, LL07-05, targeting a geochemical anomaly on the Long Lake West portion of the property held wholly by Messina which did not intersect significant mineralization.
The Long Lake RL 229 Property drill program using one drill continues testing other targets including the 'East Zone' area for massive sulphide mineralization.
BUSINESS STRATEGY
Messina Minerals Inc. is exploring for zinc-lead-copper-silver-gold massive sulphide deposits in central Newfoundland, Canada on its extensive 383 square kilometer mineral lands, in a region known historically for its zinc resources and where the Company has made new massive sulphide discoveries including "Boomerang" and "Domino". Messina's strategy is to test its properties for zinc-copper mineralization that is conceptually within truck-hauling distance of Boomerang/Domino indicated/inferred mineral resources and which could, subject to positive exploration and other test results, be 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 -
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 Thu Aug 23, 2007 at 10:58:35 AM Pacific Time
Data and Statistics for these countries : Canada | All Gold and Silver Prices for these countries : Canada | All
|
Messina Minerals Inc.
|
|
EXPLORATION STAGE |
CODE : MMI.V |
|
|
| |
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... |
|
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... |
|
|