Messina Minerals Inc.

Messina Minerals Inc.

February 02, 2006 09:30 ET

Messina Minerals ('MMI') 2006 Exploration and Drilling

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Feb. 2, 2006) - Messina Minerals Inc. ("MMI") (TSX VENTURE:MMI) has commenced 2006 diamond drilling at the Boomerang Massive Sulphide discovery within the Tulks South Property located in central Newfoundland, Canada. The 2006 exploration program in central Newfoundland is expected to include a minimum of 15,000 meters of drilling with an anticipated minimum overall expenditure of $2.2 million.

Following Messina's 2004 high-grade base metal discovery at the Boomerang Prospect, continued drilling throughout 2005 has shown the Boomerang massive sulphide mineralization so far to have an average thickness of approximately 10 meters, a vertical height varying from approximately 60 meters to greater than 200 meters, and with a strike length of approximately 400 meters measured between section lines 3350E to 2950E.

Messina will focus on continued exploration within its Tulks South Property to test for:

a) extensions of the known Boomerang mineralization

b) additional lenses of Boomerang-style mineralization in close proximity to Boomerang

c) other Boomerang-type targets elsewhere on the property

Boomerang mineralization is comparable to ore mined from Buchans located 55 kilometers to the northeast. Buchans produced 16.2 million tonnes of sulphide ore grading 14.5% zinc, 7.6% lead, 1.3% copper, 126 g/t silver and 1.4 g/t gold from five different ore lenses found within an area approximately 5 by 3 kilometers in size; possibly analogous to the area containing Messina's Boomerang, Zinc Zone, Baxter Pond, Pats Pond Brook and Boomerang-Domino massive sulphide targets.

Drilling has begun at the Boomerang-Domino massive sulphide target. In 1997 hole GA97-05 drilled here by a previous explorer intersected massive sulphides from 555.5m to 557.1m assaying 0.5% copper, 3.5% lead, 10.8% zinc, 103 g/t silver and 1.0 g/t gold over 1.6 meters length within a broader zone from 555.5m to 567.1m assaying 0.4% copper, 1.2% lead, 3.0% zinc, 85 g/t silver and 0.4 g/t gold over 11.6 meters. The Boomerang-Domino target lies over 400 meters away to the northeast from the known Boomerang mineralization and may lie 75 meters stratigraphically beneath the Boomerang massive sulphide lens.

Drilling during 2006 will test the Zinc Zone target area that was shown by drilling in late 2005 to be the along-strike western continuation of the Boomerang geological sequence. The Zinc Zone target is comprised of a one kilometer long gravity (density) anomaly from 2600E to approximately 1600E with corresponding anomalous zinc-in-soils over a 400 meter portion of the gravity anomaly. Holes drilled in 2005 on section 2600E testing for the western extent of the Boomerang mineralized lens intersected massive and semi-massive pyrite zones. Drilling in 2006 will continue to test for extension of the Boomerang mineralization to the west of section 2600E.

Drilling is also expected to target the Tulks East A Zone during 2006, located 21 km northeast of Boomerang. One Messina drill hole TE05-86 intersected 9.65 meters massive sulphides grading 6.2% zinc, 0.4% copper, 0.3% lead, 19 g/t silver and 0.3 g/t gold at Tulks East A Zone (NR October 26, 2005). This represents the best interval drilled at the A Zone, and extends the A Zone 100 meters to 325 meters known length.

A 100 line kilometer grid was cut late in 2005 covering the area of the Tulks East massive sulphide prospect. A detailed gravity (density) survey has been completed over the entire grid which is expected to allow comparison of Boomerang to the Tulks East target area. Preliminary results indicate a strongly anomalous response at Tulks East. Final compiled results from the gravity survey are expected by April 2006 including a description of new targets generated by this survey.

A map showing the location of the various prospects within Messina's central Newfoundland properties is found at under the heading "Maps" by clicking Messina Central Newfoundland Prospects Location.

The Company has extensive mineral land holdings totaling 264 square kilometers including the Tulks South Property and Long Lake Property. Messina is earning a 100% interest in these mineral lands from Falconbridge Limited (formerly Noranda Inc.). The agreement allows Falconbridge to back in for 50% if greater than 10 million tonnes of economic mineralization with a positive feasibility report is located. Falconbridge may pay 150% of feasibility costs to that point, or revert to a 2% net smelter return royalty.

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.

Contact Information