VANCOUVER, BRITISH COLUMBIA, Jun 04 (MARKET WIRE) —
Messina Minerals Inc. (TSX VENTURE: MMI) has completed a review of
drilling results at the Boomerang massive sulphide prospect within its
Tulks South Property located in central Newfoundland. This work follows
surface compilation and field prospecting, mapping, and soil surveys
completed in the fall of 2009. New drill target areas have been
identified along strike from Boomerang.
Massive sulphides containing zinc, lead, copper, silver and gold were
discovered by Messina in 2005 on the Tulks South Property at Boomerang.
Since that time two adjacent massive sulphide zones, Boomerang and
Domino, have been outlined by drilling. Boomerang lies from 50 meters to
350 meters depth from surface and contains approximately 1.7 million
tonnes of mineralization as follows:
Million Zinc Lead Gold
Boomerang Tonnes % % Copper % Silver g/t g/t
Indicated Mineral
Resources(i) 1.4 7.1 3.0 0.5 110 1.7
Inferred Mineral
Resources(i) 0.3 6.7 2.9 0.4 97 1.3
(i)(Snowden Mining Consultants, 2007)
Domino lies beneath Boomerang from 450 meters to 550 meters depth from
surface and contains approximately 0.4 million tonnes of mineralization
as follows:
Million Zinc Lead Gold
Domino Tonnes % % Copper % Silver g/t g/t
Inferred Mineral
Resources(i) 0.4 6.3 2.8 0.4 94 0.6
(i)(Snowden Mining Consultants, 2007)
A review of surface information and field follow-up completed during
autumn 2009 identified new areas of mineralized alteration at surface
along strike to the east from Boomerang-Domino mineralization which were
upgraded by identification of new zinc soil anomalies in 2009 (see NR
4-Nov-09).
New Drill Target Areas Identified: Hurricane and Domino
HURRICANE
Work in 2010 examined drill hole data in light of the new surface
information obtained in 2009. The area along strike to the east of
Boomerang hosts the ‘Hurricane’ prospect which currently has no mineral
resources estimated. Hurricane zinc mineralization has been intersected
in 7 holes between 3875E and 4100E over a 225 meter distance at 200
meters below surface including GA07-214 on 3925E which intersected 13.2
meters of 1.7% copper, 9.5% lead, 14.7% zinc, 231 g/t silver and 1.1 g/t
gold. Hurricane remains open up dip and entirely open along strike to the
east. Surface work in autumn 2009 identified mineralization and soil
anomalies to 4600E or 500 meters further along strike that are untested
by drilling. An historic intersection in Noranda hole GA97-08 of 0.1
meters of 0.6% copper, 27.8% lead, 5.0% zinc, 337 g/t silver and 0.5 g/t
gold is now interpreted to lie along the Hurricane horizon at 3625E and
indicates the Hurricane prospect also has exploration potential to the
west.
DOMINO
Domino has an inferred mineral resource of approximately 0.4 million
tonnes situated between 3600E and 3900E over a 300 meter distance. Nine
holes have tested to the west of Domino between 3600E and 2875E: only one
of these holes did not intersect mineralization. An intersection beneath
Boomerang in hole GA06-171 which intersected 1.35 meters of 0.4% copper,
5.6% lead, 22.0% zinc, 212 g/t silver and 1.9 g/t gold on 2875E is
interpreted to correlate with the western strike extension of Domino
suggesting untested exploration potential over at least 700 meters length.
A map of Zinc (%) times Thickness (m) values is available on Messina’s
website and is titled “Boomerang Vertical Longitudinal Map”
located in the Maps section at the bottom of the webpage and can be found
at: http://www.messinaminerals.com/s/TulksSouthProperty.asp. The map
shows the Snowden-estimated NI43-101 mineral resource areas and new
“Target Areas” proposed for drill testing.
Planned Work Program
Drilling is planned to test for extensions to the Hurricane
mineralization (Target A on the map) and to locate and test the potential
of the horizon along strike to the east (Target B on the map) over a
strike length of 900 meters. Approximately 2100 meters of drilling is
planned. An update of the Boomerang (2007) mineral resource estimate and
an initial estimate of Hurricane mineral resources is contemplated
contingent upon new drill results.
Messina Minerals wishes to acknowledge and thank the Government of
Newfoundland and Labrador for its funding contribution under the Junior
Exploration Assistance Program toward Messina’s exploration work and
drilling at the Haven Steady Property during November 2009.
About Messina
Messina Minerals Inc. is a leading explorer for
zinc-lead-copper-silver-gold massive sulphide deposits in Newfoundland,
Canada on its extensive 400 square kilometer mineral lands in a region
known historically for its zinc resources and where the Company has made
massive sulphide discoveries including “Boomerang” and
“Domino”. See our website for more information.
Peter Tallman, P.Geo., President of Messina Minerals Inc. is the
Qualified Person who has reviewed and is responsible for the technical
data contained in this news release.
ON BEHALF OF THE BOARD OF DIRECTORS OF MESSINA MINERALS INC.
Peter Tallman, President
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Contacts:
Messina Minerals Inc.
Peter Tallman
President
(604) 688-1508
(604) 601-8253 (FAX)
info@messinaminerals.com
www.messinaminerals.com
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