Messina Minerals Inc.

Published : June 21st, 2007

Reports Mineral Resources at Boomerang/Domino, Newfoundland

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News Releases - Thursday, June 21, 2007
Messina Minerals Reports Mineral Resources at Boomerang/Domino, Newfoundland


Messina Minerals Inc. ("MMI"-TSXV) has received the initial resource estimate compliant with CIM Guidelines and NI43-101 regulations for disclosure for the Company's recently discovered Boomerang zinc-lead-copper-silver-gold deposit in central Newfoundland. A resource estimate for a portion of the adjacent Domino zinc-lead-copper-silver-gold deposit is also included. These initial resource estimates, completed independently by Snowden Mining Industry Consultants Inc. ("Snowden"), incorporate all drilling completed at Boomerang up to June 3, 2007 and all drilling at Domino between 3525E and 3900E only up to June 3, 2007.

The purpose of completing this mineral resource estimate is to establish a "benchmark" resource for the Company. The objective of Messina is to double the contained metal as represented by the benchmark resource by the end of 2007, with a report supporting the increase delivered to the Company by April 2008. This objective is expected to be met principally by testing areas of mineralization within Messina's properties with previously published 'historic resources' and upgrading these areas to current standards. This exploration program is underway; drilling has begun at the Skidder prospect historic resource and along strike from the Domino inferred mineral resource. Drilling at the TouchDown target adjacent to Boomerang will commence shortly.

SUMMARY
Boomerang is estimated, using a 1% zinc cut-off, to have indicated mineral resources totaling 1,364,600 tonnes grading 7.09% zinc, 3.00% lead, 0.51% copper, 110.43 g/t silver, and 1.66 g/t gold. In addition, also at a 1% zinc cut-off, Boomerang is estimated to contain a further 278,100 tonnes of inferred mineral resources grading 6.72% zinc, 2.88% lead, 0.44% copper, 96.53 g/t silver, and 1.29 g/t gold. Domino, adjacent to Boomerang and thought to be the same mineralized horizon, hosts another 411,200 tonnes inferred mineral resource grading 6.3% zinc, 2.8% lead, 0.4% copper, 94 g/t silver and 0.6 g/t gold. In summary, Messina reports initial 1.36 million tonnes indicated mineral resources plus 0.7 million tonnes inferred mineral resources at Boomerang/Domino.

The estimated tonnage of Boomerang in the indicated mineral resource category is 1,364,600 tonnes containing approximately 213.2 million pounds zinc, 90.3 million pounds lead, 15.3 million pounds copper, 4.8 million ounces silver and 72,800 ounces gold. In addition, Boomerang and Domino contain a further 689,300 tonnes of inferred mineral resources containing an estimated 98.3 million pounds zinc, 43.0 million pounds lead, 6.3 million pounds copper, 2.1 million ounces silver, and 19,500 ounces gold.

The effect of applying a higher zinc cut-off is minor. At 2% zinc cut-off indicated mineral resources are 1,318,700 tonnes, a difference of 45,900 tonnes; and inferred mineral resources are 625,100; a difference of 64,200 tonnes.

SGS Lakefield Research ("Lakefield") is testing Boomerang mineralization for the purpose of developing preliminary metallurgical processes for metal recovery using conventional methods known to the base metal mining industry. Results of Lakefield's work are expected during 2007, however no firm timeline has been provided to Messina.

MINERAL RESOURCE DETAILS

Table 1A: Boomerang Indicated Mineral Resources

Resource Area

Cut-off Zn %

Resource Category

Density

Tonnes

Zn %

Pb %

Cu %

Au g/t

Ag
g/t

Boomerang

1

Indicated

3.81

 1,364,600

7.09

3.00

0.51

1.66

110.43



Table 1B: Boomerang and Domino Inferred Mineral Resources

Resource Area

Cut-off Zn %

Resource Category

Density

Tonnes

Zn %

Pb %

Cu %

Au g/t

Ag
g/t

Boomerang

1

Inferred

3.60

    278,100

6.72

2.88

0.44

1.29

96.53

Domino

1

Inferred

3.46

    411,200

6.3

2.8

0.4

0.6

94



Table 2A: Boomerang Indicated Minerals Resources - Contained Metals

Resource Area

Resource Category

Zn lbs

Pb lbs

Cu lbs

Au g

Ag g

Au oz

Ag oz

Boomerang

Indicated

 213,295,359

 90,251,915

 15,342,826

 2,265,236

 150,692,778

 72,828

 4,844,804


Table 2B: Boomerang and Domino Inferred Mineral Resources - Contained Metals

Resource Area

Resource Category

Zn lbs

Pb lbs

Cu lbs

Au g

Ag g

Au oz

Ag oz

Boomerang

Inferred

   41,200,270

 17,657,259

   2,697,637

    358,749

   26,844,993

 11,534

    863,072

Domino

Inferred

   57,111,486

 25,382,883

   3,626,126

    246,720

   38,652,800

   7,932

 1,242,695



Table 3: Boomerang Indicated and Inferred Mineral Resources by Zn % Cut-off

Cut-off Zn %

Resource category

Volume

Density

Tonnes

Zn %

Cu %

Pb %

Au g/t

Ag g/t

0.5

Indicated

361,800

3.81

1,368,800

7.07

0.51

3.00

1.66

110.22

1.0

Indicated

360,800

3.81

1,364,600

7.09

0.51

3.00

1.66

110.43

2.0

Indicated

347,900

3.81

1,318,700

7.28

0.52

3.07

1.68

112.37

3.0

Indicated

318,900

3.83

1,215,200

7.68

0.54

3.17

1.71

115.40

4.0

Indicated

280,300

3.86

1,076,300

8.23

0.57

3.28

1.73

118.66

 

 

 

 

 

 

 

 

 

 

Cut-off Zn %

Resource category

Volume

Density

Tonnes

Zn %

Cu %

Pb %

Au g/t

Ag g/t

0.5

Inferred

77,700

3.60

278,200

6.71

0.44

2.88

1.29

96.51

1.0

Inferred

77,700

3.60

278,100

6.72

0.44

2.88

1.29

96.53

2.0

Inferred

74,300

3.61

266,100

6.95

0.45

2.96

1.32

99.25

3.0

Inferred

69,600

3.61

249,400

7.24

0.46

3.05

1.34

101.96

4.0

Inferred

63,300

3.62

227,800

7.59

0.48

3.12

1.33

103.44


Table 4: Domino Inferred Mineral Resources by Zn % Cut-of

Resource category

Zn % cut-off

Tonnes

Zn %

Cu %

Pb%

Ag g/t

Au g/t

Inferred

0.5

430,200

6.1

0.4

2.7

89

0.6

Inferred

1.0

411,200

6.3

0.4

2.8

94

0.6

Inferred

2.0

359,000

7.0

0.4

3.1

108

0.7

Inferred

3.0

304,200

7.8

0.4

3.5

127

0.8

Inferred

4.0

254,100

8.7

0.5

3.8

150

0.9



METHODOLOGIES
Snowden calculated Boomerang indicated and inferred mineral resources using "ordinary kriging" as the interpolation method. Snowden produced 1 meter downhole composited assays from the sample database, and then applied assay top-cuts as follows: Boomerang top-cuts: Zn 29.8%, Pb 11.8%, Cu 1.77%, Ag 422 g/t, Au 8.85 g/t

Snowden calculated the Domino resource differently, because there are fewer drill holes and overall number of samples, using a "change of support" methodology to estimate the inferred mineral resources. Like Boomerang, Snowden produced 1 meter downhole composited assays from the Domino sample database, and then applied assay top-cuts as follows:
Domino top-cuts: Zn 24.0%, Pb 10.0%, Cu none, Ag 335 g/t, Au 1.692 g/t

Specific gravity data used for both Boomerang and Domino samples is measured systematically by Messina staff from each assay sample collected and this data forms part of the data set evaluated by Snowden. Messina personnel incorporated drilling data to June 3rd into a geologic model for both Boomerang and Domino, and with Snowden adjusted the models and wireframes as required.

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 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. Mineral resources which are not mineral reserves do not have demonstrated economic viability.

The resource estimate reported here was prepared by Pamela De Mark, Senior Consultant - Resource Evaluation of Snowden Mining Industry Consultants Inc. with peer review by Alex Trueman, Divisional Manager also of Snowden who are Qualified Persons as defined by NI43-101. As required by NI43-101 regulations, the resource estimate report will be filed on SEDAR in its entirety within 45 days.

BUSINESS STRATEGY

Messina is drilling zinc-lead-copper-silver-gold enriched massive sulphides at and adjacent to the Boomerang and Domino massive sulphide mineral resources, within the Company's Tulks South Property located in central Newfoundland, Canada. The Tulks South Property represents a portion of the 342 square kilometer area of Messina's central Newfoundland mineral land holdings. The region is historically known as prospective for zinc-rich 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.

This initial resource estimate, attributable to the recently discovered Boomerang/Domino deposit, is an important milestone following two years of technical work and provides a significant 'benchmark' base from which to grow. The Company is well situated to expand this initial 'benchmark' by testing and upgrading numerous areas of previously published historic resources, plus drill testing recently identified target areas for new discoveries; all within the Company's extensive landholdings in central Newfoundland. Three drills are currently active.

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.


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 Jun 21, 2007 at 6:31:05 AM Pacific Time


Messina Minerals Inc.

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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
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10/15/2009Closing of Private Placement
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12/16/2011Commences Drilling at Brook Zone, Victoria Property
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11/4/2009(Tulk South Boomerang)Identifies New Targets at Boomerang
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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
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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
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6/12/2007Infill Intersects Boomerang: 4.25 meters of 9.1% Zinc, 8.2% ...
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5/7/2008Launch New Website
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11/21/2007Drills 15.7% Zinc, 2.7% Lead, 3.8% Copper over 2.1 m at Long...
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10/30/2007 Discovers 12.3% Zinc, 0.9% Lead, 1.7% Copper over 5.35 m at...
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9/27/2007option to acquire an interest in Messina's Long Lake Reid Lo...
6/21/2007Reports Mineral Resources at Boomerang/Domino, Newfoundland
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