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Strategies & Market Trends : Ride the Tiger with CD

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To: ogi who wrote (74680)2/9/2007 11:40:13 AM
From: mike n.  Read Replies (2) of 312651
 
Here is the MMI news for anyone interested.preopen looks good. trading starts 12:15
mike

Fri Feb 9, 2007
Messina Minerals ("MMI") Intersects 19.0 meters at Domino of 9.1% Zinc, 4.2% Lead, 0.5% Copper, 106 g/t Silver, 0.8 g/t Gold

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Messina Minerals Inc. is drilling zinc-lead-copper-silver-gold enriched massive sulphides at Domino, adjacent to the Boomerang massive sulphide mineral resource, within the Company's Tulks South Property located in central Newfoundland, Canada. The Tulks South Property represents a portion of the 327 square kilometer area of Messina's central Newfoundland mineral land holdings. The region is historically known as prospective for zinc-rich deposits and home to the formerly producing world-class base metal deposits at Buchans and currently home to a producing zinc-copper mine at Duck Pond.

Two holes at Domino have intersected extended intervals of zinc-lead-copper-silver-gold enriched massive sulphides. These holes increase the potential of Domino to host a significant mineral resource in addition to Boomerang.

DOMINO HIGHLIGHTS

GA07-207 on section 3760E intersected 19.0 meters of massive sulphides assaying 9.1% zinc, 4.2% lead, 0.5% copper, 106 g/t silver, and 0.8 g/t gold. A 3.2 meter subinterval assays 27.7% zinc, 12.4% lead, 1.0% copper (41.1% combined base metals), 308 g/t silver and 1.4 g/t gold.
GA07-206 on section 3815E intersected 25.95 meters of massive sulphides assaying 6.2% zinc, 2.6% lead, 0.4% copper, 74 g/t silver, and 0.7 g/t gold. A 16.35 meter subinterval assays 8.7% zinc, 3.6% lead, 0.5% copper, 94 g/t silver and 0.9 g/t gold.
Domino has demonstrated continuity in both thickness and base metal enrichment over a 280 meter strike length. Domino is interpreted to be expanding in thickness and also in vertical extent to the east. Domino remains open to the east and to the west. These holes increase the potential of Domino to host a significant mineral resource, which is in addition to the adjacent Boomerang massive sulphide mineralization currently the subject of a mineral resource estimate being prepared by Snowden Mining Industry Consultants Inc.
DOMINO MASSIVE SULPHIDE ZONE DRILLING

The drill program is testing for thickening of Domino zinc-lead-copper-silver-gold enriched massive sulphides observed previously in holes GA06-96 (10.58 m interval) and GA06-197 (23.65 m interval). Two new holes, GA07-206 and GA07-207, have intersected extended intervals of massive sulphides. These intersections confirm the continuity of a thickened part of Domino zinc-lead-copper-silver-gold mineralization over a strike length of 280 meters from 3650E to 3930E (see assay table below). This thickened subzone remains open to the east, has a flat or very shallow plunge, and is untested east of GA06-197 on section 3930E. The data also suggests that the thickened portion of Domino is expanding in vertical height to the east. Refer to the attached map "Boomerang-Domino Long Section -- Diamond Drill Intersections also available on the Company's website at www.messinaminerals.com/s/Boomerang.asp under the heading "Maps".

GA07-207 intersected 19.0 meters of massive sulphides assaying 9.1% zinc, 4.2% lead, 0.5% copper, 106 g/t silver, and 0.8 g/t gold. The intersection is located 40 m east of and 40 m below GA06-96 at --105 meter elevation ASL. The intersection is approximately 13 meters true thickness. A 3.2 meter subinterval from 570.0 to 573.2 meters assays 27.7% zinc, 12.4% lead, 1.0% copper, 308 g/t silver, and 1.4 g/t gold (41.1% combined base metals).

GA07-206 intersected 25.95 meters of massive sulphides assaying 6.2% zinc, 2.6% lead, 0.4% copper, 74 g/t silver, and 0.7 g/t gold. The intersection is approximately 18 meters true thickness. A 16.35 meter subinterval assays 8.7% zinc, 3.6% lead, 0.5% copper, 94 g/t silver and 0.9 g/t gold. The intersection is located 10 m west and 10 m above GA06-197 and 65 meters east from GA07-207 at --95 meter elevation ASL.

A summary of all Domino drill intercepts from 3650E (the western extent of thicker mineralization) to 3930E (the current eastern extent of thicker mineralization) is tabulated below.

Hole
Section
From (m)
To (m)
Interval
Cu %
Pb %
Zn %
Ag g/t
Au g/t
Elev_m ASL

Surface
410

GA06-100
3650E
514.02
517.55
3.53
1.0
8.7
23.8
267
1.3
-62

GA06-193
3700E
543.70
548.85
5.15
0.4
3.7
7.1
104
0.6
-65

GA06-96
3725E
536.50
547.08
10.58
0.5
5.5
7.3
128
1.0
-65

GA07-207
3760E
555.20
574.20
19.00
0.5
4.2
9.1
106
0.8
-105

including

570.00
573.20
3.20
1.0
12.4
27.7
308
1.4


GA06-109
3800E
550.29
568.12
17.83
nsa
nsa
1.6
8
nsa
-75

GA07-206
3815E
545.15
571.10
25.95
0.4
2.6
6.2
74
0.7
-95

including

553.75
571.10
16.35
0.5
3.6
8.7
94
0.9


GA97-05
3820E
555.50
559.10
3.60
0.5
2.5
7.0
73
0.6
-115

GA06-197
3825E
549.40
573.65
23.65
0.4
3.0
6.6
82
0.7
-105

GA06-119
3930E
622.50
634.19
11.69
0.4
3.5
4.7
121
0.5
-136

GA06-128
4025E
656.30
666.00
9.70
0.2
1.0
1.8
57
0.3
-161


Specific gravity testing, rock quality determinations and photographic logging of all massive sulphide intersections are performed systematically by Messina staff prior to assaying. Assays are performed by Eastern Analytical Limited of Springdale, Newfoundland. Check assays and other lithogeochemical analyses are performed by Chemex Labs of North Vancouver, British Columbia. The Company is and will continue to use methodical and geoscientifically accepted procedures for assaying including quality control and quality assurance (QA/QC) including the use of duplicates and standards for all analytical testing.

Kerry Sparkes, Vice President Exploration of Messina Minerals Inc. is the Qualified Person responsible for exploration on the Company's properties in central Newfoundland and the person responsible for the technical data contained within this news release.

On behalf of the Board of Messina Minerals Inc.

"Peter Tallman"
President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

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