Messina Minerals Inc. Commences Drilling at Boomerang, Newfoundland
November 24 2010 - 9:30AM
Marketwired
Messina Minerals Inc. (TSX VENTURE: MMI) has commenced exploratory
drilling at the Boomerang massive sulphide prospect within its
Tulks South Property located in central Newfoundland, Canada. Three
drill holes are planned to test the Hurricane target area for an
estimated 1,000 meters of drilling. The objective of the drill
program is to infill an area of significant copper-lead-zinc
sulphide mineralization that, contingent upon positive results,
would support a first estimate of mineral resources for this
target.
Peter Tallman, President and CEO, states, "The resumption of
drilling in the Boomerang area after a 3 year hiatus is a welcome
positive step to Messina's 12-month exploration objectives in
central Newfoundland. These objectives include completing a
NI43-101 estimate of zinc-lead mineral resources at the Long Lake
Property, sampling historic archived drill core from the Tulks East
B Zone within the Tulks South Property in order to also prepare the
B Zone for an estimate of zinc-lead mineral resources, and
completing additional exploration and drilling programs on several
priority target areas including Hurricane. Recent financings have
provided the funding to commence this current program."
Tulks South Property: Geological Context and Resource
Estimate
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 has
been defined from 50 meters to 350 meters depth from surface and
contains approximately 1.7 million tonnes of mineralization as
follows:
Million
Boomerang Tonnes Zinc % Lead % Copper % Silver g/t Gold 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
Domino Tonnes Zinc % Lead % Copper % Silver g/t Gold g/t
----------------------------------------------------------------------------
Inferred Mineral
Resources(i) 0.4 6.3 2.8 0.4 94 0.6
(i)(Snowden Mining
Consultants, 2007)
Drill Target Area: Hurricane
The area 500 meters 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 along strike to
the east. The drill program in progress will test this zone
further.
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., CEO and 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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