| | Published : July 12th, 2007 | Intersects 5.75 meters of 2.7% Copper, 0.9% Zinc at Skidder |
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News Releases - Thursday, July 12, 2007
Messina Minerals ("MMI") Intersects 5.75 meters of 2.7%
Copper,
0.9% Zinc at Skidder
======================================================================
Messina Minerals Inc. has intersected copper-enriched massive sulphides
in all of the first six drill holes completed at the Skidder Property
located in central Newfoundland 45
km northeast by road from the
Company's Boomerang/Domino massive sulphide deposit and 15 km from the
town and former mines at Buchans, Newfoundland.
The Skidder target is one of numerous target areas expected to be drill
tested during 2007.
SUMMARY
Hole SZ07-03 intersected 5.75
meters of copper-enriched massive
sulphides at 60 meters
below surface assaying 2.7% copper, 0.9% zinc,
19 g/t silver, and 0.2 g/t gold, within an extended interval of 39.25
meters assaying 0.8% copper and 0.5% zinc.
SZ07-05 intersected two separate massive sulphide intervals; a 3.95
meter interval assayed 3.1% copper, 0.8% zinc, 12 g/t silver and 0.1
g/t gold and a lower 5.18
meter interval assayed 1.7% copper, 1.0%
zinc, 13 g/t silver and 0.1 g/t gold.
Results from this preliminary drilling indicate Skidder copper-enriched
massive sulphides have been intersected over dip lengths of
approximately 50 meters
and over a 60 meter
strike length. The
mineralization remains open in all directions. There may be multiple
massive sulphide lenses present.
Airborne electromagnetic surveying of the Skidder Property using the
Aerotem II system shows the Skidder prospect as a 500 meter long
stronger conductive anomaly within a continuous 2 kilometer long
conductive trend containing other untested anomalies.
The Company has expanded the Skidder drill program as a result of the
positive drill results and the potential for the discovery of
additional mineralization as outlined by the airborne anomalies.
SKIDDER DRILL RESULTS
Three holes, SZ07-01, -02, and -03 were drilled from the same location
and tested the eastern near surface expression of the Skidder airborne
anomaly. Hole SZ07-03 intersected 5.75 meters of copper-enriched
massive sulphides at 60
meters vertically below surface assaying 2.7%
copper, 0.9% zinc, 19 g/t silver, and 0.2 g/t gold, within an extended
interval of 39.25
meters assaying 0.8% copper and 0.5% zinc.
The SZ07-03 intersection is 40
meters beneath copper-enriched massive
sulphides in SZ07-01 and -02; indicating dip-length continuity and
possibly an increasing thickness with depth. The intersection in
SZ07-03 is open at depth.
SZ07-01 intersected three massive sulphide intervals within a 4.0 meter
zone at 20 meters
depth below surface. These assayed between 2.4% to
3.9% copper. SZ07-02 intersected two massive sulphide intervals within
a 4.35 meter
zone at 25 meters
depth below surface. These intervals
assayed 4.9% and 4.2% copper.
Three additional holes, SZ07-04, -05, and -06 stepped out 60 meters
along strike to the west from SZ-01, -02, and -03. All holes hit
copper-bearing massive sulphides; assays from hole SZ07-06 are pending.
SZ07-05 intersected two separate massive sulphide intervals; a 3.95
meter interval assayed 3.1% copper, 0.8% zinc, 12 g/t silver and 0.1
g/t gold and a lower 5.18
meter interval assayed 1.7% copper, 1.0%
zinc, 13 g/t silver and 0.1 g/t gold. These two separate intersections
are interpreted to indicate the potential for a second productive
massive sulphide horizon.
Holes SZ07-01, -02, and -03 were drilled from the same collar at 6225E
at 9966N, drilled at a 330 degree azimuth with collar dips respectively
of -47o, -55 o, and -65 o angles from surface.
Holes SZ07-04, -05, and -06 were drilled from the same collar at 6164E
at 9948N, drilled at a 330 degree azimuth with collar dips respectively
of -50o, -60 o, and -69 o angles from surface.
The true thickness of the mineralization intersected in each of these
holes cannot be estimated without additional drilling. Assay results
are tabulated below.
Skidder Assay Intersection Table
Cu Zn Ag Au
Hole ID From To Interval % % g/t g/t
----------------------------------------------------
SZ07-01 25.70 25.90 0.20 3.9 0.8 21 0.2
SZ07-01 27.73 28.30 0.57 2.4 0.8 19 0.3
SZ07-01 29.50 29.70 0.20 3.5 1.1 14 0.2
SZ07-02 28.30 28.75 0.45 4.9 0.7 20 0.2
SZ07-02 31.80 32.65 0.85 4.2 0.7 17 0.2
SZ07-03 49.10 88.35 39.25 0.8 0.5 8 0.2
incl 63.00 68.75 5.75 2.7 0.9 19 0.2
SZ07-04 73.60 76.00 2.40 2.4 1.0 13 0.1
SZ07-05 97.05 101.00 3.95 3.1 0.8 12 0.1
SZ07-05 107.82 113.00 5.18 1.7 1.0 13 0.1
One drill continues to test the Skidder target. Additional holes
collared on section 6102E located 60 meters grid west of SZ07-04 to -06
collars are in progress, testing for along strike extension of the
mineralization.
Skidder Airborne Surveying
Aeroquest International has completed airborne electromagnetic and
magnetic surveying at the Skidder Property using the Aerotem II system
and has provided preliminary results to the Company. From the
preliminary maps, the Skidder prospect is highlighted as approximately
a 500 meter
long strong conductive anomaly within a continuous 2
kilometer long conductive trend containing other untested anomalies.
In addition, the airborne has identified untested parallel conductive
targets also with 'Skidder-type' signatures. Results from the airborne
survey will help guide an expanded drill program at Skidder.
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 in exploring the Skidder Prospect is to test the
property 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.
Messina is also
drill testing other exploration targets concurrently.
Drilling is underway at the Domino, Hurricane, and TouchDown targets in
addition to Skidder.
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 -
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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 Thu Jul 12, 2007 at 7:52:47 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. |
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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