MMI Messina Minerals Inc.

Conquest Resources Limited (TSX VENTURE:CQR) is pleased to report that it has
intersected a significant high grade intersection of gold grading 63.3 grams per
tonne over 0.28 metres in the first hole of an ongoing ten hole program at its
100% owned Smith Lake Gold Property in northern Ontario.


Conquest's Smith Lake property is located contiguous with the former
Barrick/Homestake Renabie Gold Mine which closed in 1991 having produced more
than1,000,000 ounces of gold since 1941 from reported reserves of approximately
6 million tonnes at an average grade of 6.6 grams per tonne gold and 2 grams per
tonne silver.


Conquest has completed approximately 900 metres of drilling in eight of ten
planned holes on its newly expanded Smith Lake Gold Project at Renabie, Ontario.
A total of 1,100 metres will be completed before the end of the program.


Conquest is encouraged by the abundance of shearing and mineralized quartz
veining within the holes completed to date. The first batch of assay results
confirms that gold mineralization is present in high-grade concentrations on the
property. Core is presently being logged and thoroughly sampled from holes
CSL-11-002 through CSL-11-008. Assays are expected throughout September and
October. 


HIGH-GRADE GOLD INTERSECTION IN FIRST DRILL HOLE OF PROGRAM AT SMITH LAKE 

The current drill program is intended to assist in a preliminary evaluation of
the potential for gold mineralization in ribbon quartz veins hosted within
sheared trondhjemite and tonalite intrusives. 


The first hole of the program, CSL-11-001, intersected a sheared and altered
Archean-aged trondhjemite intrusive belonging to the Missinabi Lake Batholith
within the Wawa Domal Gneiss Terrane. The hole was found to host dozens quartz
+/- tourmaline-pyrite-chalcopyrite-molybdenite bearing veins, most being less
than 10cm in width but found locally as broad as 28cm (approximate true
thickness). The hole was completed to a depth of 131 metres in an eastward
direction at a dip of -45. 


High-grade gold mineralization grading 63.3 grams per tonne gold (g/t Au) over
0.28 metres was intersected in the broadest quartz vein of the hole containing
abundant sulphide stringers at a hole depth of 122.25 metres. Other gold
intersections from CSL-11-001 include:




--  5.03 g/t Au over 0.60m from 74.40m to 75.00m hole depth 
    
    
--  1.10 g/t Au over 3.30m from 65.50m to 68.80m hole depth 
    
    
--  1.95 g/t Au over 0.75m from 45.80m to 41.55m hole depth 
    
    
--  0.61 g/t Au over 1.70m from 17.80m to 19.50m hole depth
    



Previously, the most significant of discoveries on Conquest's Smith Lake
Property included a reported intersection of 68 g/t Au over 1.68 metres (2.2
ounces per ton gold over 6 feet) at a hole depth of 91 metres in a nearby,
similarly oriented, drill hole to CSL-11-001 (named 88-029) during a 1988 Winter
Drill Program carried out by Conquest. It is not yet clear if these two
significant intersections are hosted within the same structure. All
intersections are believed to be approximately true thickness, although this
cannot be finally verified until further drilling is completed. 


Gold mineralization in the Renabie area is the result of repetitive hydraulic
fracturing and shear zone inflation within Archean-aged granitoid intrusives.
The repetitive nature of veining results in ribbon textured veining that is
strongly controlled by two main structural trends oriented east-west and
northwest-southeast, both of which are present on Conquest's patented mining
claim group at Smith Lake. 


Ongoing drilling continues to test several near surface structural targets
resulting from geophysical data collected in a ground magnetic survey conducted
earlier this year, as well as several coincident structural and Mobile Metal Ion
("MMI") surface geochemical targets determined from a detailed compilation of
local geology. Additional drilling is planned in the vicinity of this apparent
high-grade gold system. 


CONQUEST STAKES NEW 52 SQUARE-KILOMETRE LAND PACKAGE CONTIQUOUS TO EXISTING
SMITH LAKE PROPERTY 


Conquest's Smith Lake Property consists of six patented mining claims and 28
newly acquired mining claims along the Missanabie-Goudreau Greenstone Belt in
Leeson and Rennie Townships in northern Ontario. The property is 100% owned by
Conquest and is contiguous with the former Barrick/Homestake Renabie Gold Mine
which produced more than1,000,000 ounces of gold at an average grade of 6.6
grams per tonne gold. 


During the first part of 2011, Conquest recorded approximately 50
square-kilometres of staked ground surrounding the six mining patents.
Additional ground was also acquired by staking contiguous claims to the mine
structure in areas believed to be prospective for structurally hosted gold and
volcanogenic massive sulphide (VMS) hosted mineralization based on a preliminary
compilation of the mine sequence and Missanabie-Goudreau Greenstone Belt. 


During May 2011, a grid was cut over the six patented mining claims within the
core of the new land package where there is a prominent north-south striking
vein system on the property that was discovered extending from the former
Renabie mine site during the 1988 Exploration Drilling Program by Conquest. 


A ground magnetic survey was completed concurrent to line-cutting over the six
patented mining claims where 14 line-kilometres of continuous-reading magnetic
data were recorded. A detailed compilation of the past geophysical and
geochemical work conducted suggests that several near surface gold targets exist
on the property. 


QUALIFIED PERSON 

Information of a scientific or technical nature contained in this release has
been prepared by or under the supervision of Terence McKillen, P.Geo., the Chief
Executive Officer and Benjamin Batson, P. Geo., the Vice Present of Exploration
of the Company, both of whom are Qualified Persons within the meaning of
National Instrument 43-101 of the Canadian Securities Administrators. 


Samples are analyzed by SGS Laboratories in Red Lake, Ontario using a 50 gram
pulp fire assay technique with gravitimetric finish. Conquest employs the use of
standards and duplicate samples to maintain confidence in the analytical
techniques used to determine gold content in its core. Ten percent of the
samples submitted to the laboratory comprise samples used for quality assurance
and control for gold content. SGS also employ the use standards, blanks and
duplicate samples to calibrate on a regular basis within batches. 


ABOUT THE COMPANY 

In addition to its active drilling program at Smith Lake, Conquest continues to
explore at its 100% owned Alexander Gold Project in the heart of the Red Lake
gold camp with its ongoing deep drilling program. Conquest is also exploring for
structurally-hosted gold mineralization under a joint-venture agreement with
Detour Gold Corporation ("Detour Gold") at the Sunday Lake property located
along the Sunday Lake Deformation Zone approximately seven kilometres east of
Detour Gold's 14.9 million ounce proposed open pit gold mine. Conquest holds
80,000 shares of Detour Gold Corporation. 


There are currently 95,477,728 shares of Conquest issued and outstanding. 

This news release may include certain "forward-looking statements". All
statements other than statements of historical fact, included in this release,
including, without limitation, statements regarding potential mineralization,
resources and reserves, exploration results, and future plans and objectives of
Conquest, are forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause actual
results to differ materially from Conquest's expectations are exploration risks
detailed herein and from time to time in the filings made by Conquest with
securities regulators.

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