Messina Minerals Inc. Acquires New Zinc Property at Daniels Harbour NL
November 02 2009 - 9:10AM
Marketwired
Messina Minerals Inc. (TSX VENTURE: MMI) has acquired an additional
101 claims totaling 2,525 hectares area by staking at the Daniels
Harbour Property located in western Newfoundland, Canada. Messina
acquired its original Daniels Harbour property by staking 80 claims
totaling 2,000 hectares area (see NR 27 April, 2009). The Daniels
Harbour property package now totals 181 claims of 4,525 hectares in
area owned 100% by Messina.
The property includes the site of the former Daniels Harbour
zinc mine operated by Teck Corporation which produced approximately
7 million tonnes of ore grading 8% zinc with by-product cadmium
credits from 1975 to 1990. The sulphide ore mineralization is
described to consist almost entirely of sphalerite which allowed
excellent (98%) zinc recoveries and produced a premium grade (63%)
zinc concentrate (Teck, 1981) during the life of mine. The
mineralization at Daniels Harbour is described as
"Mississippi-Valley Type" hosted by Ordovician age carbonate
rocks.
The new claims were identified and staked as a result of ongoing
preliminary compilation of historical drilling and assay
intersections contained in Teck's assessment filings (1975-1990;
some assays reported below in vertical holes drilled from surface)
adjacent to the former mine workings and in regional exploration
programs. The claims cover a number of zinc prospects
including:
Black Duck Zone:
Defined by 400 foot spaced drill lines over a 1200 foot strike
length, including hole 2006 which intersected 12.13% Zn over 4.5 ft
from 108.9-113.4 ft.
Muddy Brook Zone:
Defined by 400 foot spaced drill lines over a 1200 foot strike
length, including hole 1397 which intersected 27.25% Zn over 1.4 ft
from 357.3-358.7 ft.
The Daniels Harbour property is transected by numerous paved and
gravel roads which supported the former mine and remain in good
condition. Two powerlines also transect the property. The property
is 5 km from a provincial highway and 10 km from the coastal
community of Daniels Harbour.
On-going Work:
A reconnaissance program evaluating the newly claimed areas is
underway. The objective is to locate and verify drill collars,
surface outcrops and mineralization, and old mine grid or local
grid control points to accurately integrate this information into
Messina's developing geological compilation.
Compilation of historical drilling and assay intersections
adjacent to the former mine workings is continuing, and the scope
has expanded to include all regional drill holes and results. The
overall objective is to identify prospective areas for similar zinc
mineralization adjacent to the former Daniels Harbour mine workings
and regionally. Recommendations for further work in 2010 will be
based upon the results of data compilation.
About Messina
Messina Minerals Inc. is a leading explorer for
zinc-lead-copper-silver-gold massive sulphide deposits in
Newfoundland, Canada on its extensive 450 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 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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