Messina Minerals Inc.

Messina Minerals Inc.

February 28, 2005 20:24 ET

Messina Minerals Inc.: Boomerang Drilling Strikes High Grade Massive Sulphides


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: MESSINA MINERALS INC.

TSX VENTURE SYMBOL: MMI

FEBRUARY 28, 2005 - 20:24 ET

Messina Minerals Inc.: Boomerang Drilling Strikes High
Grade Massive Sulphides

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Feb. 28, 2005) - Messina
Minerals Inc. (TSX VENTURE:MMI) has received geology and assay results
from three drill holes completed on L33E at the Boomerang prospect on
the Tulks South Property located in central Newfoundland. The Boomerang
massive sulphide lens has now been intersected over a height of 166
meters on the discovery section Line 33E. The grade of the massive
sulphide mineralization intersected shows increasing overall base and
precious metal grades with depth. The Boomerang lens remains open both
up-dip and down-dip on Line 33E so the total height remains to be
determined.

Holes GA05-12, GA05-15, and GA05-16 were completed on the same section
as discovery hole GA04-11 reported December 10, 2004. All holes
intersected massive sulphide mineralization containing significant
copper, lead, and zinc sulphides. GA05-15, GA05-12, GA04-11 and GA05-16
respectively contain 2.8%, 13.8%, 16.9% and 26.1% combined base metals.
GA05-15 includes a narrow 0.5m interval of 11.4% combined base metals.
The following table lists the intervals and weighted average assays of
massive sulphide mineralization for each of the four holes drilled on
L33E, including GA04-11 previously reported, in order of distance from
surface:



TABLE 1:

--------------------------------------------------------------------
Hole # From_m To_m Interval_m Cu % Pb % Zn % Ag g/t Au g/t
--------------------------------------------------------------------
GA05-15 215.4 226.5 11.10 0.2 0.9 1.7 44.4 1.0
incl. 226.0 226.5 0.50 0.4 0.7 10.3 51.0 1.3
--------------------------------------------------------------------
GA05-12 248.25 261.3 13.05 0.7 3.5 9.6 125.5 1.4
incl.255.75 261.3 5.55 0.9 6.0 12.9 222.0 2.0
--------------------------------------------------------------------
GA04-11 274.7 288.6 13.90 0.7 2.6 13.6 102.1 1.0
incl. 283.9 288.6 4.70 0.6 3.9 20.1 138.2 1.2
--------------------------------------------------------------------
GA05-16 360.9 367.65 6.75 1.5 6.3 18.3 159.0 Pending
--------------------------------------------------------------------


The true thicknesses of each of the massive sulphide intersections is
listed in the following table, as well as distance from surface and
relative distance from discovery hole GA04-11:



TABLE 2:

--------------------------------------------------------------------
Massive
Elevation(i) Distance from Distance from Sulphide True
(m) Surface GA05-11 Thickness (m)
--------------------------------------------------------------------
Surface 1410 0
--------------------------------------------------------------------
GA05-15 1213 -197 53+ 7.5
--------------------------------------------------------------------
GA05-12 1196 -214 36+ 9.5
--------------------------------------------------------------------
GA05-11 1160 -250 0 9.5
--------------------------------------------------------------------
GA05-16 1083 -327 77- 4.2
--------------------------------------------------------------------
(i) Note: Elevation is an arbitrary datum level


The data indicates that the top of the metal-bearing portion of the
Boomerang massive sulphide is primarily pyritic in hole GA05-15 and that
it becomes much higher grade 166 meters below in hole GA05-16. The
variation in true thickness over this height is considered to be a
result of structural factors which have produced a wavy thickening /
thinning aspect. The indicated zonation of higher grades increasing with
depth may imply a trend toward higher temperatures, which can be
interpreted that the Boomerang lens has the potential to extend to
greater depths.

The Company plans to continue to test both down-dip of hole GA05-16 and
also up-dip of GA05-15 to fully delineate the height of the massive
sulphide lens on L33E. Drilling on section L33+50E will follow.

As a consequence of these results, a second drill rig has been requested
from the drilling contractor and is expected to be mobilized March 1st
or as weather permits.

Assay results by interval will be posted on the Company's website at
www.messinaminerals.com for reference. A cross-section map showing the
geology and extent of massive sulphide mineralization is attached and is
available from the Company's website or by telephone request.

The Company has extensive mineral land holdings totaling 257 square
kilometers including the Tulks South Property and the Long Lake
Property. Messina is earning a 100% interest in these mineral lands from
Noranda Inc. ("Noranda"). The agreement allows Noranda to back in for
50% if greater than 10 million tonnes of economic mineralization with a
positive feasibility report is located. Noranda may pay 150% of
exploration costs to that point, or revert to a 2% net smelter return
royalty.

Peter Tallman, P. Geo., President of Messina Minerals Inc. is the
designated qualified person responsible for exploration on the Company's
properties in central Newfoundland and the person responsible for the
preparation of this news release.

To view the attached map please click on the following link:
http://www2.ccnmatthews.com/database/fax/2000/mmi0228.pdf

On behalf of the Board of Messina Minerals Inc.

Peter Tallman, President


-30-

Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Messina Minerals Inc.
    Peter Tallman
    President
    (604) 688-1508
    (604) 601-8253 (FAX)
    info@messinaminerals.com
    www.messinaminerals.com
    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of the content of this news
    release.