Messina Minerals Inc.
TSX VENTURE : MMI

Messina Minerals Inc.

October 23, 2006 09:30 ET

Messina Minerals Discovers High Grade Massive Sulphide at Hurricane-Adjacent to Boomerang

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 23, 2006) - Messina Minerals Inc. ("MMI") (TSX VENTURE:MMI) has discovered new high-grade massive sulphide mineralization at the Hurricane target 700 meters along strike from the Company's Boomerang massive sulphide deposit within Messina's Tulks South Property located in central Newfoundland, Canada.

HURRICANE MASSIVE SULPHIDE ZONE DISCOVERY

The Hurricane target is a newly defined near-surface subzone of the Boomerang massive sulphide system and lies 700 meters along strike to the east from Boomerang in the vicinity of 4000E (see NR October 4, 2006). The target is defined by extensive zinc-enriched alteration that is considered to represent the feeder of a massive sulphide deposit. Significant lengths of low-grade zinc mineralization are excellent exploration indicators of nearby massive sulphide deposits in the Boomerang area.

Two holes at Hurricane have intersected high-grade mineralization. GA06-153 intersected 0.30 meters of massive sulphide from 348.2 m to 348.5 m assaying 0.9% copper, 7.2% lead, 16.1% zinc, 240 g/t silver and 0.4 g/t gold on section 4000E at 155 m elevation.

Follow-up hole GA06-176 intersected two high grade intervals of massive sulphide mineralization; 0.50 meters from 322.93 m to 323.43 m assaying 0.7% copper, 14.3% lead, 16.3% zinc, 195 g/t silver and 0.3 g/t gold and a lower interval of 0.33 meters from 329.79 m to 330.12 m assaying 1.3% copper, 11.5% lead, 13.3% zinc, 154 g/t silver and 0.2 g/t gold on section 4100E at 215 m elevation.

Two additional holes, GA06-172 on 4000E which hit extensive alteration and GA06-180 on 4100E which hit massive sulphide, have assay results pending.

The Hurricane massive sulphide intercepts exhibit high polymetallic grades, ranging between 24.2% and 31.3% combined copper+lead+zinc. Hurricane massive sulphides have been intersected along 100 meters of strike length and 70 meters of dip length implying good length and dip continuity of this mineralized zone.

Hurricane massive sulphides lie at relatively shallow depth approximately 225 meters below surface and are located 700 meters east of the Company's Boomerang massive sulphide deposit.

The volcanogenic alteration which allowed Messina's geologists to develop the Hurricane target and led to these massive sulphide intersections, is continuous along strike from the east at section 4400E through Hurricane at 4000E, Boomerang at 3300E, and continues through the Zinc Zone alteration zone to at least 1200E for a 3.2 kilometer strike length. This alteration extends to depth and also envelops the Domino massive sulphide lens which has also been tested by limited drilling.

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. Drill holes are assigned a number if they are started and reach bedrock; hole numbers not referenced are those terminated before reaching target due to bad ground or excessive deviation.

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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