Messina Minerals Inc.
TSX VENTURE : MMI

Messina Minerals Inc.

October 26, 2006 13:51 ET

Messina Minerals "MMI" Tulks East A Zone 2006 Drill Results

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 26, 2006) - Messina Minerals Inc. ("MMI") (TSX VENTURE: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 and quantify zinc-lead-copper-gold-silver bearing massive sulphide mineralization on the property, including the Boomerang discovery and

- identify and test significant exploration targets such as Tulks East within Messina's extensive 306 square kilometer area properties.

TULKS EAST MASSIVE SULPHIDE ZONE DRILLING

The Tulks East massive sulphide target is located 21 kilometers northeast of the Company's flagship Boomerang massive sulphide deposit. Messina has completed the Tulks East 2006 program comprised of 2,937.9 meters of core drilling in 7 holes testing the A Zone massive sulphide lens. The A Zone was known from previous work to extend 300 meters from 8900E to 9200E; the October 2006 drilling program tested along strike 250 meters between 9200E and 9450E.

Six of seven drill holes intersected A Zone massive sulphides on all sections drilled between 9200E and 9450E. The A Zone lens has been extended to 550 meters of strike length and remains open to the east beyond 9450E. Assay results for the 7 holes are tabulated below.



Table: Summary of Tulks East A Zone Drill Intercepts and Assays
Hole Section From (m) To (m) Interval Cu % Pb % Zn % Ag g/t Au g/t
--------------------------------------------------------------------------
TE06-93 9450E No significant assay
TE06-94 9450E 362.50 371.20 8.70 0.3 0.04 0.3 14 0.1
TE06-95 9450E 356.40 357.00 0.60 0.3 0.02 1.4 14 0.1
TE06-96 9300E 316.00 357.10 41.10 0.3 0.01 0.5 8 0.1
including 316.00 323.85 7.85 0.5 0.02 2.1 14 0.2
TE06-97 9300E 357.90 370.60 12.70 0.5 0.1 3.2 19 0.4
TE06-98 9300E 378.46 392.70 14.24 0.5 0.2 2.5 22 0.5
TE06-99 9200E 273.90 292.00 18.10 0.4 0.1 3.6 20 0.5
including 274.45 284.70 10.25 0.5 0.1 5.0 15 0.3


The Tulks East A Zone drill program was designed to test for zonation toward a 'higher grade base metal' enrichment. Massive sulphides were intersected in six of seven holes; the averaged assay zinc grades over extended intervals range between 0.5% and 5.0% over lengths ranging from 10.25 meters to 41.1 meters of massive sulphides.

The A Zone is now recognized to lie much closer to surface than previously interpreted. TE06-93 missed the A Zone at 500 meters vertical depth; TE06-94 at 350 meters vertical depth intersected 8.7 meters of massive sulphides on section 9450E, 150 meters shallower than expected.

TE06-96 intersected 41.1 meters of massive sulphides on section 9300E, a record thickness intersection for the A Zone where 30 meter intersections have been previously recorded.

The Company's interpretation that the adjacent high grade B Zone lens represents a faulted segment of one originally large massive sulphide deposit comprised of both the A Zone and B Zone remains valid. Intervals such as from TE06-97 over 1.4 meters at the base of the massive sulphide from 369.2 m to 370.6 m assaying 1.1% copper, 0.3% lead, 6.6% zinc, 35 g/t silver and 1.1 g/t gold may indicate the B Zone was faulted from the base of the A Zone rather than the eastern end.

The Company's focus remains on identifying zinc resources in the immediate vicinity of its Boomerang deposit. The drill used at Tulks East has been moved and is now testing new high-priority targets adjacent to Boomerang (such as Hurricane, see NR October 23, 2006) where all four drills will remain until the December break.

Messina Minerals Inc. acknowledges the financial assistance of $80,000 for the Tulks East drill program from the government of Newfoundland and Labrador's Mineral Incentive Program. More information on this program is provided at http://www.nr.gov.nl.ca/mines&en/programs/jea/.

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.

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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