Messina Minerals Inc.
TSX VENTURE : MMI

Messina Minerals Inc.

January 23, 2007 13:01 ET

Messina Minerals ("MMI") Contracts SGS Lakefield Research for Boomerang Metallurgical Studies

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 23, 2007) - Messina Minerals Inc. ("MMI") (TSX VENTURE:MMI) is exploring for zinc-lead-copper-silver-gold massive sulphides similar to Messina's Boomerang discovery located in central Newfoundland, Canada. The two-fold objectives of the 2007 exploration program are to:

- identify and test massive sulphide exploration targets within Messina's extensive 323 square kilometer area properties, focusing on Domino, Hurricane and other mineralized zones adjacent to Boomerang

- calculate a current NI43-101 resource estimate at Messina's Boomerang zinc-lead-copper-silver-gold discovery (see news release December 19, 2006).

BOOMERANG METALLURGICAL STUDY

Messina has contracted SGS Lakefield Research ("SGS") to conduct preliminary mineralogical and metallurgical testing of Boomerang zinc-lead-copper-silver-gold mineralization located in Newfoundland, Canada. The overall objective of the SGS studies is to provide data on the modal abundance, particle size, and liberation characteristics of the valuable minerals within Boomerang massive sulphides.

The study will examine and document the sulphide mineralogy of Boomerang massive sulphides. A separate study phase will focus on the gold and silver mineral species to establish gold and silver deportment and provide data on liberation of these materials. A flotation testwork study will provide preliminary data on expected metal recoveries and grade of each concentrate. The report of work conducted is anticipated to be available to Messina during the second half of 2007.

SGS Lakefield Research is the global leader in the provision of mineralogical and metallurgical testing and also provides metallurgical consulting and on-site services to the mining and minerals sector.

BOOMERANG RESOURCE ESTIMATE UPDATE

A current resource estimate of Boomerang mineralization is underway and has been contracted to Snowden Mining Industry Consultants inc. ("Snowden"). The NI43-101 report is anticipated to be completed during the first half of 2007.

WARRANT EXERCISE

Prior to their expiry at 4:00pm PST on January 19, 2007 a total of 536,250 of Messina's common share purchase warrants were exercised and an identical number of Messina common shares were issued for total proceeds of $536,250 to Messina. The number of issued and outstanding common shares of Messina has now risen to 33,221,410.

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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