| | Publié le 08 août 2007 | Intersects 6.54 meters of 2.8% Copper, 2.4% Zinc at Skidder |
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Re: News Releases - Wednesday, August 08, 2007
Title: Messina Minerals ("MMI") Intersects 6.54 meters of 2.8% Copper, 2.4% Zinc at Skidder
Messina Minerals Inc. has intersected copper and zinc enriched massive sulphides with encouraging assay results in all 10 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. Assays from five additional holes (SZ07-06 to -10) have been received; results from the first five holes were reported July 12, 2007.
Skidder copper-zinc massive sulphides have now been intersected over a length of 190 meters from 6035E to 6225E; the zone remains open in both lateral directions. Section 6164E (holes SZ07-04 to -06) shows a dip length of approximately 100 vertical meters; all sections remain open up and down dip. The sulphide zone has an irregular 'bendy' shape with apparent variable thicknesses so the true thickness of each intersection remains to be determined.
Highlights of the recent drilling include 13.0 meters assaying 2.1% copper and 1.8% zinc in SZ07-09 and 6.54 meters assaying 2.8% copper and 2.4% zinc in SZ07-07. Full results for all new holes are tabulated below. All holes are drilled in the same direction at 330 azimuth.
Grid Grid
Hole From To Interval Cu Zn Ag Au East North
ID (m) (m) (m) (%) (%) (g/t) (g/t) (m) (m) Dip
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SZ07-06 164.72 166.62 1.90 2.1 3.5 14 0.2 6164 9948 -69
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SZ07-07 201.06 207.60 6.54 2.8 2.4 14 0.1 6102 9874 -57
SZ07-07 216.20 218.40 2.20 1.9 2.1 14 0.1
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SZ07-08 117.20 117.70 0.50 1.2 0.4 18 0.4 6102 9934 -52
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SZ07-09 149.89 162.69 13.00 2.1 1.8 14 0.1 6128 9947 -72
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SZ07-10 212.55 213.05 0.50 1.5 1.7 16 0.2 6035 9870 -55
SZ07-10 219.05 220.05 1.00 2.0 1.8 14 0.1
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All Skidder drilling to date has tested one copper-zinc sulphide zone identified in historical records. Messina's drilling has extended this sulphide zone beyond what was previously identified and the zone remains open in all directions. Historical records also suggest the presence of at least one additional lens to the west of the area of current drilling; an area coincident with an airborne electromagnetic anomaly identified in Messina's recent surveying.
The preliminary Skidder drilling program has been completed for now, to provide time to model the sulphide intersections and plan a next phase drill program. Ongoing surface work including prospecting and ground geophysics continues evaluating several promising new targets elsewhere on the Skidder property. These new targets are intended to be incorporated into the next phase of drilling at the Skidder massive sulphide zone.
Messina has an extensive ongoing drill program testing new exploration targets prospective for zinc-lead-copper-gold-silver massive sulphides. The objective of this program is to discover new zones of mineralization during 2007. Four drills are currently operating.
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.
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.
The Company has retained O & M Partners LLC ("O & M") to provide investor relations services. O & M Partners is a New York based buyside consulting firm that specializes in small-cap institutional targeting for public companies in the commodities sector. Investor relations services will include the initiation of contacts and meetings with institutional investors, independent money managers and market makers. O & M is engaged for an initial period of seven months at a fee of US $8,500 per month, as well as reimbursement of expenses incurred. The Company will grant 150,000 incentive stock options to O & M at an exercise price of $1.25, exercisable for a period of three years from the date of this release, subject to regulatory approval. The options will vest 25% upon granting and the balance at 25% in four month intervals.
On behalf of the Board of Messina Minerals Inc.
"Peter Tallman"
President
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.
- 30 -
Copyright © 2007 MESSINA MINERALS INC. (MMI) All rights reserved. For more information visit our website at
http://www.messinaminerals.com/
or send email to
info@messinaminerals.com
..
Message sent on Wed Aug 8, 2007 at 7:40:25 AM Pacific Time
Données et statistiques pour les pays mentionnés : Canada | Tous Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous
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Messina Minerals Inc.
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EXPLORATEUR |
CODE : MMI.V |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Messina Min. est une société d’exploration minière de zinc et de plomb basée au Canada. Messina Min. détient divers projets d'exploration au Canada. Ses principaux projets en exploration sont PUKASKA, LONG LAKE, HAVEN STEADY PROPERTY, COSTIGAN LAKE PROJECT, VICTORIA RIVER PROJECT, BOBBY'S POND PROJECT, HEALY BAY, TOPSAILS PROJECT, DANIELS HARBOUR, SUTHERLANDS POND, HUNGRY HILL, YORK HARBOUR, TULKS SOUTH - HURRICANE, TULK SOUTH - DOMINO, TULK EAST B ZONE, TULK SOUTH BOOMERANG, TULK EAST A ZONE, TULK LONG LAKE MAIN ZONE, SKIDDER, JAMES BAY LOWLANDS CLAIMS et PUKASKWA au Canada. Messina Min. est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 754 980 CA$ (709 455 US$, 518 966 €). La valeur de son action a atteint son plus haut niveau récent le 30 décembre 2005 à 4,13 CA$, et son plus bas niveau récent le 01 février 2013 à 0,01 CA$. Messina Min. possède 12 583 000 actions en circulation. |
Rapports annuels de Messina Minerals Inc. |
Financements de Messina Minerals Inc. |
Projets de Messina Minerals Inc. |
20/12/2013 | Canadian Zinc Completes Messina Minerals Inc. Acquisition |
17/04/2012 | (Long Lake)Announces Filing of NI 43-101 Technical Report for the Long ... |
13/03/2012 | (Long Lake)Announces Initial Zinc Resource Estimate at the Long Lake Ma... |
09/01/2012 | Drilling Update at Brook Zone, Victoria Property |
16/12/2011 | Commences Drilling at Brook Zone, Victoria Property |
24/10/2011 | Commissions NI43-101 Resource Estimate on Main Zone, Centra... |
04/11/2009 | (Tulk South Boomerang)Identifies New Targets at Boomerang |
02/11/2009 | (Daniels Harbour)Acquires New Zinc Property at Daniels Harbour NL |
20/10/2009 | (Daniels Harbour)Grab Sample Results from Daniels Harbour NL |
10/08/2009 | (Haven Steady Property)Prospecting Results at Haven Steady, NL |
16/07/2009 | (York Harbour)Prospecting Results at York Harbour, NL |
05/05/2008 | (Tulk South - Domino)Positive Geophysics Results at Boomerang |
06/11/2007 | Boomerang Area Exploration |
01/11/2007 | Intersects 10.1% Zinc, 2.3% Lead, 0.5% Copper over 3.6 m at... |
22/10/2007 | Intersects 10.8% Zinc, 1.3% Lead, 0.7% Copper over 3.92 m a... |
10/09/2007 | Drilling Results at Long Lake East |
06/09/2007 | Domino, Hurricane, and TouchDown Drilling Results |
23/08/2007 | (Long Lake)Initial Drilling Results at Long Lake |
08/08/2007 | Intersects 6.54 meters of 2.8% Copper, 2.4% Zinc at Skidder |
12/07/2007 | Intersects 5.75 meters of 2.7% Copper, 0.9% Zinc at Skidder |
13/06/2007 | Agrees to Acquire Victoria River Property from Altius Resour... |
12/06/2007 | Infill Intersects Boomerang: 4.25 meters of 9.1% Zinc, 8.2% ... |
29/05/2007 | Infill Intersects Boomerang: 11.93 meters of 8.7% Zinc, 8.1... |
08/05/2007 | Discovers New Massive Sulphide Zone at TouchDown |
20/04/2007 | Intersects Boomerang: 6.8 meters of 18.0% Zinc, 4.4% Lead, 0... |
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Communiqués de Presse de Messina Minerals Inc. |
17/12/2013 | Shareholders Approve Arrangement |
22/10/2013 | Announces Update on Agreement with Canadian Zinc |
12/09/2013 | CANADIAN ZINC AND MESSINA MINERALS ANNOUNCE AGREEMENT ON PRO... |
19/02/2013 | Share Consolidation |
24/01/2013 | Announces Share Consolidation; Adoption of Advance Notice Po... |
21/02/2012 | Intersects 5.5% Copper over 4 meters at Brook Zone, Victori... |
14/04/2011 | to Acquire New Victoria Copper Properties, Central Newfoundl... |
21/05/2008 | Messina Minerals Begins Drilling near Boomerang |
07/05/2008 | Launch New Website |
29/02/2008 | Results of AGM |
03/01/2008 | Drills 7.3 m of 16.9% Zinc, 2.8% Lead, 1.0% Copper at Long L... |
21/11/2007 | Drills 15.7% Zinc, 2.7% Lead, 3.8% Copper over 2.1 m at Long... |
19/11/2007 | Retains Investor Relations Firm |
30/10/2007 | Discovers 12.3% Zinc, 0.9% Lead, 1.7% Copper over 5.35 m at... |
04/10/2007 | Drilling Long Lake |
03/10/2007 | Drilling Tulks East |
27/09/2007 | option to acquire an interest in Messina's Long Lake Reid Lo... |
21/06/2007 | Reports Mineral Resources at Boomerang/Domino, Newfoundland |
31/05/2007 | 2007 Exploration Program |
05/04/2007 | Resource and Exploration Updates |
15/03/2007 | Increases "Hurricane" Thickness: 15.3 meters of 13.0% Zinc, ... |
24/02/2007 | welcomes Mr. Gordon Ulrich to theposition of DirectorCorpora... |
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