Messina Minerals Inc. Acquires New Zinc Property at Daniels Harbour NL
* Reuters is not responsible for the content in this press release.
VANCOUVER, BRITISH COLUMBIA, Nov 02 (MARKET WIRE) --
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
Copyright 2009, Market Wire, All rights reserved.
-0-
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.


Follow Reuters