Messina Minerals Inc.
TSX VENTURE : MMI

Messina Minerals Inc.

December 17, 2009 13:19 ET

Messina Minerals Inc. Drills Copper-Zinc-Gold At Haven Steady, NL

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 17, 2009) - Messina Minerals Inc. (TSX VENTURE:MMI) has received assays from drilling intersections of zinc-lead-copper-silver-gold enriched massive sulphide mineralization at the Haven Steady property in central Newfoundland, Canada.

A total of 7 holes were completed totaling 1,144.5 meters of NQ core. The objective of the drill program was to locate copper-lead-zinc mineralization that may be economically interesting as the Haven Steady property lies 15 km south of the operating Duck Pond copper-lead-zinc mill.

The drill program evaluated three target types: 1) the potential of a stockwork copper zone to host bulk-tonnages; 2) the potential to have a copper-enriched massive sulphide hidden within the mineralized system; and 3) the potential of the zinc-lead massive sulphide to be expanded.

SUMMARY

Central Zone Drilling

Three of four holes targeting "central zone" sulphide mineralization intersected copper- and gold-enriched massive base metal sulphides. In general the three holes intersected greater than 10% copper-lead-zinc massive sulphides with significant silver and gold values. Each hole also intersected 9 to 25 meter wide zones of 1% to 4% zinc stockwork mineralization. Copper-gold enriched massive sulphides were encountered in two of these holes. An exploration objective was to test for the possibility of copper-enriched sulphides.

Central Zone - Northeastern Extension Drilling

One hole intersected lead-zinc massive sulphides and extended the known length of the 'central zone' base metal enriched horizon 100 meters to the northeast. The base metal horizon is now 700 meters in length, intersected in widely spaced holes and remains open in all directions.

Eastern Copper Anomaly Target

Two holes tested this new target for bulk tonnage, disseminated copper. No broad zone of disseminated copper mineralization was encountered.

Following completion of Messina's first drill program at Haven Steady, the property is prospective for lead-zinc enriched and copper-gold enriched massive sulphides.

GENERAL

The drilling program tested three different targets (refer to NR November 9, 2009): 4 holes tested for massive sulphides in the 'central zone'; 1 hole tested for the 'northeastern extension' of the central zone, and 2 holes tested the "Eastern Copper Anomaly" stockwork zone. Note Messina's first hole is arbitrarily identified as HS09-15 to assign it a unique hole ID. Note in the tables below under the heading "Type": "MS" is massive sulphides, "SMS" is semi-massive sulphides, and "STWK" is stockwork mineralization.

Central Zone Drilling

Four holes, HS09-18 through HS09-21, tested for massive sulphides between 106+00E and 107+00E and from -50 meters to -125 meters vertical depth in a 300 meter lateral by 175 meter vertical gap between widely spaced historic holes that had intersected base metal mineralization.

HS09-18 on section 107+00E intersected a 2.74 meter interval of massive base metal sulphides containing 2.1% copper, 3.6% lead, 6.2% zinc, 56 g/t silver, and 1.8 g/t gold within a wider 6.84 meter zone of semi-massive and massive sulphides. The massive sulphide contains one of the best copper intersections located on the property to date. HS09-18 is 70 meters above historic hole HS88-03 which intersected a 3.0 meter interval containing 0.9% copper, 1.3% lead, 6.2% zinc, 42 g/t silver, and 1.8 g/t gold.

HS09-19 on 107+00E tested 50 meters below surface and 60 meters up-dip above HS09-18 and intersected a 1.1 meter interval of 3.2% zinc marking the upward end of the Haven Steady central zone sulphides on Section 107+00N.

HS09-20 on 106+00E intersected two base metal massive sulphide horizons, as well wide intervals of lead-zinc stockwork mineralization. Massive sulphide intervals occur at 99.25 meters downhole with a 0.46 meter interval of 0.1% copper, 5.9% lead, 11.7% zinc, 272 g/t silver, 0.2 g/t gold, and at 108.8 meters downhole with a 1.0 meter interval of 0.4% copper, 4.5% lead, 7.7% zinc, 161 g/t silver, and 0.2 g/t gold. The massive sulphides in HS09-20 contain higher grades of lead, zinc, and silver and lower copper and gold relative to HS09-18. Extensive stockwork throughout HS09-20 includes two intervals totaling 33 meters containing greater than 1.2% combined base metals above the massive sulphides, and an 8.25 meter interval of 2.8% combined base metals below the massive sulphides.

HS09-21 on 106+50E also intersected two massive sulphide horizons, as well wide intervals of lead-zinc stockwork mineralization. Massive sulphide intervals occur at 80.8 meters downhole with a 0.6 meter interval of 3.8% copper, 1.1% lead, 2.9% zinc, 78 g/t silver, 3.0 g/t gold; and at 98.38 meters downhole with a 1.49 meter interval of 1.3% copper, 2.0% lead, 5.7% zinc, 85 g/t silver, and 2.0 g/t gold. Like HS09-18, these intersections are relatively enriched in copper and gold.



Central Zone Drilling Results

From Interval
Hole ID (m) To(m) (m) Cu% Pb% Zn% Ag g/t Au g/t Type Section
----------------------------------------------------------------------------
HS09-18 32.25 40.25 8.00 0.1 0.3 1.3 8 STWK 107+00E
51.70 76.00 24.30 0.1 0.1 0.7 4 STWK
93.30 100.14 6.84 0.9 1.90 4.1 29 0.9 SMS
including 97.42 100.14 2.72 2.1 3.6 6.2 56 1.8 MS
126.50 135.50 9.00 0.4 0.9 3.9 31 0.2 STWK
153.90 163.30 9.40 0.1 0.7 2.5 22 0.1 STWK

HS09-19 64.23 65.34 1.11 0.1 0.5 3.2 16 0.3 STWK 107+00E

HS09-20 43.30 59.28 15.98 0.1 0.2 0.9 6 0.2 STWK 106+00E
92.56 109.8 17.24 0.6 1.2 STWK
98.79 99.25 0.46 0.1 5.9 11.7 272 0.2 MS
108.80 109.80 1.00 0.4 4.5 7.7 161 0.2 MS
116.30 124.55 8.25 0.1 0.7 2.0 28 STWK

HS09-21 80.80 81.40 0.60 3.8 1.1 2.9 78 3.0 MS 106+50E
98.38 99.87 1.49 1.3 2.0 5.7 85 2.0 MS
133.77 134.37 0.60 0.2 0.5 12.8 17 0.3 STWK
142.61 156.70 14.09 0.2 0.8 2.3 21 0.1 STWK
170.90 173.50 2.60 0.7 1.7 3.5 46 0.1 STWK


Central Zone - Northeastern Extension Drilling

One shallow hole, HS09-17 on 112+00E was drilled as a 100 meter along-strike step-out to test for continuation of mineralization in historic hole HS86-87 which intersected 1.8 meters of massive sulphides assaying 0.1% copper, 6.3% lead, 4.1% zinc, 78 g/t silver, and 0.1 g/t gold. HS09-17 intersected a 0.9 meter interval of massive sulphides at 70.0 meters downhole which assays 0.1% copper, 2.1% lead, 5.3% zinc, 40 g/t silver and 0.2 g/t gold. A broad 19.9 meter interval of base metal enriched stockwork mineralization underlies the massive sulphide; the entire 19.9 meter interval averages 1.3% combined lead-zinc.

HS09-17 extends the length of the 'central zone' 100 meters to the northeast. The base metal horizon is now 700 meters in length, intersected in widely spaced holes. and remains open in all directions.



Northeastern Extension Drilling Results

From Interval
Hole ID (m) To(m) (m) Cu% Pb% Zn% Ag g/t Au g/t Type Section
----------------------------------------------------------------------------
HS09-17 70.00 70.90 0.90 0.1 2.1 5.3 40 0.2 MS 112+00E
70.00 89.90 19.90 0.3 1.0 7 STWK


Eastern Copper Anomaly Target

The 'eastern copper anomaly' is located 200 meters grid south of and lies parallel to the central zone massive sulphide horizon and is comprised on surface of a 100 meter wide zone of disseminated and stockwork chalcopyrite and bornite.

Two holes, HS09-15 and HS09-16, tested this new target for bulk tonnage, disseminated copper. No broad zone of disseminated copper mineralization was encountered in either hole.




Eastern Copper Anomaly Drilling Results

From Interval
Hole ID (m) To(m) (m) Cu% Pb% Zn% Ag g/t Au g/t Type Section
----------------------------------------------------------------------------
HS09-15 162.50 163.10 0.60 2.0 0.2 0.5 17 0.1 STWK 114+00E
HS09-16 No significant assays 113+00E


The Haven Steady drill program is complete and the drill has been demobilized for the winter. The drill program evaluated three mineralized target types: 1) the potential of the stockwork copper zone to host bulk-tonnages; 2) the potential to have a copper-enriched massive sulphide zone hidden within the mineralized system; and 3) the potential of the zinc-lead massive sulphide zone to be expanded. Based upon the results obtained to date, the proximity of Teck's operating Duck Pond mine, and current commodities prices additional drilling targeting copper mineralization is proposed for 2010.

Sample Protocols

Drill core was cut in half with a diamond saw, and half the core was submitted to Eastern Analytical of Springdale, NF for analysis. All samples were assayed for gold by fire assay - atomic absorption finish, plus copper, lead, zinc, and silver by ICP (inductively coupled plasma). 'Over-limit' results using the ICP method were analyzed by assay techniques standard to that element. Pulps and coarse rejects from these samples have been retained. Messina uses protocols standard to the industry and professional QA/QC procedures for assaying including the use of standards, retention of pulps and coarse rejects and the maintenance of chain-of-custody among other procedures.

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.

Peter Tallman, P.Geo., 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.

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