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Messina Minerals Inc.

Publié le 05 mai 2008

Positive Geophysics Results at Boomerang

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News Release

Monday, May 05, 2008

Messina Minerals Positive Geophysics Results at Boomerang



Messina Minerals Inc. (MMI-TSXV) has received final results from geophysical surveying on the Tulks South project in central Newfoundland, Canada. Messina has set an exploration budget of $4 million from cash on hand for continuous drilling from May to December 2008. Two drills are expected to begin work within two weeks.

Geophysics Results

Quantec Geophysics completed field surveying test lines in early December 2007 using the Titan 24 'Deep Earth Imaging System' (see NR November 6, 2007). A 3-line orientation survey was designed to determine the signature of both the Boomerang (1.64 million tonne) and adjacent Domino (0.42 million tonne) massive sulphide deposits, plus survey other geologically anomalous areas.

The Titan survey has directly imaged both Boomerang and Domino. This is the first time a geophysical system has successfully imaged these two massive sulphide deposits and it has important positive implications for future exploration.

The Titan survey has also imaged two other shallow anomalies with "Boomerang signatures" that have a similar or greater magnitude in comparison to the Boomerang response which are high-priority drill targets. Six additional anomalies, including larger anomalies beneath Boomerang and Domino, are also identified along the Boomerang horizon.

Boomerang and Domino are zinc-lead-copper-silver-gold volcanogenic massive sulphide lenses considered to have formed as parts of one originally larger deposit that has been fragmented. Geological evidence suggests that other lenses could exist nearby. The Titan survey has provided a way to prioritize and target specific areas for these lenses.

Messina has contracted Quantec Geophysics to provide Titan 24 surveying over a broader region of the Tulks South project targeting extensions of the Boomerang horizon and other parallel prospective trends. Quantec have informed Messina they will mobilize geophysical crews to the Boomerang camp on May 15th. Messina has contracted a geophysicist to be based at the Boomerang camp to process data as it is acquired. Messina expects to target high-priority anomalies as they are identified from the new survey work.

Exploration Program

Messina has budgeted $4 million from cash on hand for drilling and geophysical surveying during 2008.
The drill program will focus on testing new targets generated by geophysics coupled with a new understanding of the signatures of massive sulphide deposits specific to the Tulks South project.

Drilling

Two drills are currently positioned at the Boomerang camp on the Tulks South project. Work preparing the camp for drill crews and geophysical crews is underway. Drilling is planned to start within the next two weeks. A minimum of 15,000 meters of exploration drilling is expected to be completed by year-end.

About Messina

As reported June 21, 2007, the Tulks South project hosts an NI43-101 compliant indicated mineral resource of 1,364,600 tonnes grading 7.1% zinc, 3.0% lead, 0.5% copper, 110 g/t silver and 1.7 g/t gold plus an additional inferred mineral resource of 689,300 tonnes grading 6.5% zinc, 2.8% lead, 0.4% copper, 95 g/t silver, and 1.0 g/t gold at the combined Boomerang and adjacent Domino deposits (Snowden, 2007).

Messina Minerals Inc. is exploring for zinc-lead-copper-silver-gold massive sulphide deposits in central Newfoundland in a region known historically for its zinc resources. Messina's strategy is to discover zinc-copper mineralization that is additive to the Company's zinc-lead-copper-silver-gold resource base.

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 -



For further information
Please contact:
Peter Tallman, President or Carey Livingstone, Corporate Communications
Tel: (604) 688-1508
Fax: (604) 601-8253
Email: info@messinaminerals.com
Website: www.messinaminerals.com
 
 

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Messina Minerals Inc.

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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.

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Rapports annuels de Messina Minerals Inc.
Annual Report 2007
Financements de Messina Minerals Inc.
15/10/2009Closing of Private Placement
25/09/2009Announces Private Placement
08/06/2009Closing of Private Placement
28/09/2007Closes $7 Million Private Placement
20/09/2007 Announces $7 Million Private Placement
Projets de Messina Minerals Inc.
20/12/2013Canadian 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...
09/01/2012Drilling Update at Brook Zone, Victoria Property
16/12/2011Commences Drilling at Brook Zone, Victoria Property
24/10/2011Commissions 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...
10/09/2007Drilling Results at Long Lake East
06/09/2007Domino, Hurricane, and TouchDown Drilling Results
23/08/2007(Long Lake)Initial Drilling Results at Long Lake
08/08/2007Intersects 6.54 meters of 2.8% Copper, 2.4% Zinc at Skidder
12/07/2007Intersects 5.75 meters of 2.7% Copper, 0.9% Zinc at Skidder
13/06/2007Agrees to Acquire Victoria River Property from Altius Resour...
12/06/2007Infill 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...
08/05/2007Discovers New Massive Sulphide Zone at TouchDown
20/04/2007Intersects Boomerang: 6.8 meters of 18.0% Zinc, 4.4% Lead, 0...
Communiqués de Presse de Messina Minerals Inc.
17/12/2013Shareholders Approve Arrangement
22/10/2013Announces Update on Agreement with Canadian Zinc
12/09/2013CANADIAN ZINC AND MESSINA MINERALS ANNOUNCE AGREEMENT ON PRO...
19/02/2013Share Consolidation
24/01/2013Announces Share Consolidation; Adoption of Advance Notice Po...
21/02/2012Intersects 5.5% Copper over 4 meters at Brook Zone, Victori...
14/04/2011to Acquire New Victoria Copper Properties, Central Newfoundl...
21/05/2008Messina Minerals Begins Drilling near Boomerang
07/05/2008Launch New Website
29/02/2008Results of AGM
03/01/2008Drills 7.3 m of 16.9% Zinc, 2.8% Lead, 1.0% Copper at Long L...
21/11/2007Drills 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...
04/10/2007Drilling Long Lake
03/10/2007 Drilling Tulks East
27/09/2007option to acquire an interest in Messina's Long Lake Reid Lo...
21/06/2007Reports Mineral Resources at Boomerang/Domino, Newfoundland
31/05/20072007 Exploration Program
05/04/2007Resource and Exploration Updates
15/03/2007Increases "Hurricane" Thickness: 15.3 meters of 13.0% Zinc, ...
24/02/2007welcomes Mr. Gordon Ulrich to theposition of DirectorCorpora...
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