Messina Minerals Inc.
TSX VENTURE : MMI

Messina Minerals Inc.

August 10, 2006 13:33 ET

Messina Minerals Extends Domino to 500 Meter Length, GA06-119 Hits 3.62 Meters of 12.5% Zinc, 253 g/t Silver

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Aug. 10, 2006) - Messina Minerals Inc. (TSX VENTURE:MMI) ("MMI") is drilling base metal massive sulphide targets within Messina's Tulks South Property located in central Newfoundland, Canada including a planned 43,000 meter drill program during 2006. The two-fold objectives of the 2006 exploration program are to define/expand the volume of zinc-lead-copper-gold-silver bearing massive sulphide mineralization on the property to the point where the Company can proceed with an independent resource calculation, and to identify and test significant new exploration targets within Messina's extensive 28,894 hectare properties.

DOMINO MASSIVE SULPHIDE ZONE DRILLING

The length of the Domino massive sulphide zone is now more than doubled to approximately 500 meters along strike between 3500E to 4000E. The prior Domino news release (NR May 4, 2006) described a 200 meter strike length of mineralization from 3580E to 3780E.

A total of seven new holes have been completed between 3500E and 4000E at Domino. Results are tabulated below. The best new hole, GA06-119 intersected 3.62 meters assaying 0.9% copper, 10.0% lead, 12.5% zinc, 253 g/t silver and 1.3 g/t gold on section 3900E in the middle of the Domino lens towards the east. GA06-128 on 4000E, 100 meter east of GA06-119, intersected 3.8 meters assaying 0.3% copper, 1.9% lead, 3.1% zinc, 112 g/t silver and 0.4 g/t gold; the farthest east drill hole to date.



Core
Depth From To Length Cu Pb Zn Ag Au
Hole ID Section (m) (m) (m) (m) % % % g/t g/t
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Surface 400
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GA06-120 3500E -40 521.72 522.84 1.12 0.4 3.0 5.5 87 0.5
GA06-123 3500E -77 532.0 532.6 0.6 0.7 3.5 8.2 129 1.0
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GA06-109 3800E -85 550.29 568.12 17.83 1.6 8
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GA06-122 3900E -56 No significant assay
GA06-119 3900E -136 622.50 634.19 11.69 0.4 3.5 4.7 121 0.5
including 630.57 634.19 3.62 0.9 10.0 12.5 253 1.3
GA06-115 3900E -185 668 674 No significant assay
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GA06-128 4000E -161 656.3 666.0 9.7 0.2 1.0 1.8 57 0.3
including 662.3 666.0 3.8 0.3 1.9 3.1 112 0.4
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An updated "Domino Discovery Vertical Longitudinal" map showing pierce points of drill holes on the Domino horizon is included in this news release and will be posted on the Company's website at http://www.messinaminerals.com/s/Boomerang.asp under Maps.

Results from Domino to date indicate the massive sulphide carries generally high grades of base and precious metals in the center of the lens and is approximately 1 to 5 meters in true thickness. Domino has lateral continuity over at least 500 meters of strike length between 3500E and 4000E. A 2005 intersection on section 3300E in GA05-21 of 0.85 meters assaying 3.9% zinc is now interpreted as Domino mineralization continuing to the west.

The Domino mineralization has a dip length of approximately 30 to 70 meters. The bottom edge of Domino is sharp and interpreted to be faulted off from a larger sulphide body beneath the Domino elevation level. The vertical fault offset to possible deeper mineralization is interpreted to be between 100 and 200 meters. One drill continues to test for Domino mineralization on 4000E and to the east.

BOOMERANG DRILLING

Evaluation of the Boomerang massive sulphide deposit has led to the recognition of the potential to further expand the size of Boomerang. Two drill rigs are working on this program. Three holes have been completed and assays are pending.

TULKS EAST DRILLING

The Tulks East drill program using one drill rig continues to test the A Zone massive sulphide lens 160 meters along strike from TE05-86 (see NR August 1, 2006).

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) 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.

The Company has extensive mineral land holdings in central Newfoundland now totaling 289 square kilometers or 28,894 hectares of which 20,110 hectares are 100% owned by Messina including the Tulks South Property.

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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