Messina Minerals Inc. Prospecting Results at Haven Steady, NL
August 10 2009 - 11:20AM
Marketwired
Messina Minerals Inc. (TSX VENTURE: MMI) has received assay results
from surface sampling on the Haven Steady Property located in
central Newfoundland, Canada. Messina may earn a 100% interest in
the Haven Steady Property by expending $600,000 in exploration by
June 2014.
The objective of the initial reconnaissance program was to
locate the bedrock source of two separate copper-in-soil anomalies
identified by Noranda in the 1980's which have not been explained
or tested by diamond drilling. The discovery of copper
mineralization may be economically interesting as the Haven Steady
property lies 15 km south of the operating Duck Pond copper-zinc
mill.
Summary:
Two samples of outcropping felsic sub-volcanic porphyry assayed
6.6% copper and 9.0% copper respectively. Both samples contain
chalcopyrite and bornite. The felsic porphyry is interpreted to
represent the feeder to the massive sulphide system and the amount
of copper mineralization it contains is a positive exploration
indicator.
The initial prospecting survey to assess the copper soil
anomalies indicates there is potential for a copper-enriched
massive sulphide zone along strike from zinc-lead enriched massive
sulphides historically identified on the Haven Steady property.
Work Results:
Compilation of previous surface exploration results is complete.
Compilation of historical drilling results in the center of the
property which targeted the zinc-lead soil anomaly is nearing
completion.
Previous work by Asarco (1960's) and Noranda (1980's) identified
a 1.6 km long soil anomaly on Messina's Haven Steady property. The
soil anomaly is zoned. The western portion is copper-enriched and
extends 150 meters in length and is untested. The central portion
is zinc- and lead-enriched and extends over 800 meters in length.
Noranda tested the zinc-lead portion of the soil anomaly with
twelve widely spaced drill holes of which six intersected
economically interesting zinc-lead bearing massive sulphides over a
strike length of 600 meters and to a vertical depth of 375 meters,
and ten of eleven holes intersected wide zones of anomalous
zinc-lead mineralization. The eastern portion of the soil anomaly
is copper-enriched and extends 400 meters in length and is
untested.
Prospecting efforts by Messina targeted the eastern and western
copper-in-soil anomalies. A total of 47 samples were all collected
from outcrop or 'in-place' subcrop.
Eastern Copper Anomaly
A total of 7 samples were collected from a 50 meter area within
the 400 meter long eastern copper soil anomaly. One sample
contained only sphalerite mineralization and assayed 1.8% zinc. Two
samples assayed 6.6% copper and 9.0% copper and contained both
chalcopyrite and bornite. The remaining four samples assayed
between 0.9% copper and 2.4% copper and contained only chalcopyrite
hosted by stockwork within altered tuffaceous felsic volcanics.
The samples containing bornite with chalcopyrite were from an
outcropping felsic subvolcanic porphyry unit containing coarse
5-20cm stringers of copper-silica stockwork. This is interpreted to
be a copper-enriched sub-volcanic feeder to the Haven Steady
zinc-lead massive sulphide however no significant amount of copper
has been intersected to date in previous drilling, which has not
tested the prospective areas with copper-in-soil anomalies.
Western Copper Anomaly
A total of 40 were collected from the western copper soil
anomaly of 150 meter length. Of the 40 samples, 12 samples assayed
between 0.5% copper and 2.9% copper and contain chalcopyrite
mineralization in stockwork within altered tuffaceous felsic
volcanics.
The initial prospecting survey to assess the copper soil
anomalies indicates there is potential for a copper-enriched
massive sulphide zone along strike from the zinc-lead enriched
massive sulphides historically identified on the Haven Steady
property.
On-going Work:
Prospecting and mapping programs continue in the area of the
eastern copper soil anomaly with the objective of locating more
copper mineralization and tracing the extent of the sub-volcanic
porphyry. Compilation of historical drilling is nearing completion.
The overall objective is to identify initial drill targets on the
property in the latter part of 2009.
History
The Haven Steady Property covers the Haven Steady zinc-lead
massive sulphide prospect and associated soil anomaly documented by
Noranda in the 1980's. The six holes which intersected massive
sulphide mineralization at the Haven Steady prospect assayed (from
west to east, as reported by Noranda, 1990):
0.7% copper, 0.2% lead, 6.5% zinc over 1.0 meters (HS88-06)
0.1% copper, 2.7% lead, 9.8% zinc over 3.5 meters (HS88-07)
0.3% copper, 1.3% lead, 4.5% zinc over 2.1 meters (HS88-02)
0.9% copper, 1.3% lead, 6.2% zinc over 3.0 meters (HS88-03)
0.2% copper, 2.3% lead, 8.6% zinc over 2.0 meters (HS88-05)
0.1% copper, 6.3% lead, 4.1% zinc over 1.8 meters (HS86-87)
The Haven Steady prospect remains open at both ends going
towards the two copper in soil anomalies, and at depth.
The mineralization at Haven Steady is described as volcanogenic
massive sulphide of the "Kuroko type" and is reported by Noranda to
be barium-enriched. The Haven Steady property lies 15 km south of
the producing Duck Pond copper-zinc mine and mill and approximately
75 km northeast of Messina's "Boomerang" deposit on the Tulks South
Property.
Sample Protocols
All samples were photographed and tested using a magnetic
susceptibility meter. Samples were submitted to Eastern Analytical
of Springdale, NF for analysis. All samples were assayed for gold
by fire assay - atomic absorption finish. All samples were also
analyzed for 34 elements by ICP (inductively coupled plasma).
'Over-limit' results using the ICP method were analyzed by assay
techniques standard to that element. Pulps and coarse rejects from
these samples have been retained. Messina uses protocols standard
to the industry and professional QA/QC procedures for assaying
including the use of laboratory standards, blanks, and duplicates,
the retention of pulps and coarse rejects, and the maintenance of
chain-of-custody among other procedures.
About Messina
Messina Minerals Inc. is exploring for
zinc-lead-copper-silver-gold massive sulphide deposits in central
Newfoundland, Canada on its extensive 410 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.
Kerry Sparkes, P.Geo., Vice President 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 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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