Messina Minerals Inc.
TSX VENTURE : MMI

Messina Minerals Inc.

August 31, 2005 12:08 ET

Messina 'MMI' Boomerang Drilling Extends Height of Mineralization on Sections 3250E and 3350E; Traces Boomerang Stratigraphy 6.5 km

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Aug. 31, 2005) - Messina Minerals Inc. (TSX VENTURE:MMI) -

Highlights

Significant highlights from the on-going drill program include:

- Mineralization on section 3350E has been extended up dip 30 meters and now totals an estimated 160 meters of height.

- Mineralization on section 3250E has been extended up dip 46 meters and now totals an estimated 170 meters of height.

- Drill hole GA05-66 on 3350E intersected 5.7 meters massive sulphides grading 14.9% zinc, 0.6% copper, 2.5% lead, 67 g/t silver and 0.7 g/t gold.

- Drill hole GA05-62 on 3350E intersected 3.8 meters massive sulphides grading 11.2% zinc, 0.7% copper, 2.2% lead, 97 g/t silver and 1.1 g/t gold.

- Drill results confirm potential for expansion of mineralization up-dip on adjoining sections, as well as along strike to the east and west.

- Surface mapping extends the Boomerang target horizon to 6.5 kilometers strike length; locates massive sulphide occurrences on surface.

Boomerang Drilling Results

Messina Minerals Inc. has received assay results from eleven drill holes on sections 3250E and 3350E at the recently discovered Boomerang Massive Sulphide at the Tulks South Property located in central Newfoundland. These holes were drilled to test up-dip for zinc mineralization closer to surface following the intersections of zinc in holes drilled on section 3300E. All holes drilled on each of the sections are reported here including previous results; new results are marked with an x.



Table 1: Section 3350E Assay Results
------------------------------------------------------------------------
Distance True
Elev- from Thick-
Hole ation Surface From To Length ness Cu Pb Zn Ag Au
ID (m) (m) (m) (m) (m) (m) % % % g/t g/t
------------------------------------------------------------------------
Surface 1405 0
------------------------------------------------------------------------
GA05-59x 1325 -80 No significant assay
------------------------------------------------------------------------
GA05-56x 1289 -116 131.45 132.45 1.0 0.8 1.9 4.8 5.4 164 3.6
------------------------------------------------------------------------
GA05-64x 1238 -167 No significant assay
------------------------------------------------------------------------
GA05-62x 1207 -198 218.5 222.3 3.8 3.2 0.7 2.2 11.2 97 1.1
------------------------------------------------------------------------
GA05-36 1177 -228 280.05 285.7 5.65 4.8 0.7 2.0 5.8 25 0.1
------------------------------------------------------------------------
GA05-33 1163 -242 281.4 293.5 12.1 9.7 0.5 1.8 8.5 59 0.4
------------------------------------------------------------------------
GA05-66x 1136 -269 308.5 314.2 5.7 4.8 0.6 2.5 14.9 67 0.7
------------------------------------------------------------------------
GA05-31 1104 -301 333.7 341.0 7.3 5.5 0.4 0.3 1.8 10 0.1
------------------------------------------------------------------------
GA05-27 1091 -314 332.7 334.5 1.8 1.3 0.7 6.2 14.9 202 1.7
------------------------------------------------------------------------
GA05-24 1051 -354 369.8 371.2 1.4 0.9 1.4 3.3 5.0 411 0.8
------------------------------------------------------------------------



Table 2: Section 3250E Assay Results
------------------------------------------------------------------------
Distance True
Elev- from Thick-
Hole ation Surface From To Length ness Cu Pb Zn Ag Au
ID (m) (m) (m) (m) (m) (m) % % % g/t g/t
------------------------------------------------------------------------
Surface 1405 0
------------------------------------------------------------------------
GA05-53x 1314 -91 No significant assay
------------------------------------------------------------------------
GA05-51x 1303 -102 No significant assay
------------------------------------------------------------------------
GA05-63x 1257 -148 No significant assay
------------------------------------------------------------------------
GA05-61x 1218 -187 204.0 209.9 5.9 5.0 0.4 3.0 3.5 94 2.8
------------------------------------------------------------------------
GA05-58x 1194 -211 221.75 231.25 9.5 8.1 0.4 2.0 4.0 73 1.4
------------------------------------------------------------------------
GA05-32 1172 -233 259.4 277.7 18.3 14.4 0.5 3.3 5.2 115.3 2.5
------------------------------------------------------------------------
GA05-25 1137 -268 274.0 302.9 28.9 20.9 0.5 1.8 6.6 80.2 0.8
------------------------------------------------------------------------
GA05-30 1099 -306 330.0 335.3 5.3 4.4 0.4 2.8 11.0 84.2 1.0
------------------------------------------------------------------------
GA05-65x 1061 -344 No significant assay
------------------------------------------------------------------------


The Boomerang high-grade base metal mineralization has now been intersected over a strike length of 250 meters between sections 3100E to 3350E. The height of mineralization intersected on three sections has been estimated to be 160 meters, 325 meters, and 170 meters respectively on 3350E, 3300E, and 3250E. The Boomerang zone remains open to the west, remains open up-dip and down-dip on other sections, and remains open to the east for 150 meters. Three drills are currently operating; two drills are continuing to test the Boomerang discovery and a third is targeting the Boomerang horizon along strike to confirm the presence of the Boomerang stratigraphy (see discussion below).

Boomerang Surface Results

New geological mapping, new magnetic surveying, new soil surveying, and re-interpretation of HLEM and gravity geophysical surveying have indicated the presence of Boomerang horizon stratigraphy, alteration, mineralization, and corresponding geophysical signature over a total length so far of 6.5 kilometers including the 250 meters of known length of Boomerang mineralization.

Within this 6.5 kilometer target horizon, the "Zinc Zone" is a kilometer long anomaly which lies 1.5 to 2.5 km along strike west of the Boomerang. The Zinc Zone is identified by a gravity anomaly comparable to the gravity anomaly coincident with Boomerang, with an HLEM response similar to that over Boomerang, coincident highly anomalous zinc- and copper-in-soils over a 500 meter surface length, and geology consistent with the Boomerang stratigraphic sequence.

Mapping in "Pat's Pond Brook" has relocated an occurrence of massive sulphide comprised of 0.4 meter thick pyrite located 3.5 km west of the Boomerang. Mapping has identified this showing to be within the Boomerang discovery stratigraphic sequence and alteration.

Previous work had identified the "Baxter Pond" area as having extensive volcanogenic alteration and mineralization. Prospecting and mapping by Messina have potentially traced the Boomerang stratigraphic sequence from around section 4200E across a late fault with a 1 kilometer displacement to the Baxter Pond area, and potentially identified the Boomerang stratigraphic horizon there. Gravity and HLEM geophysical surveys are consistent with this interpretation. Re-mapping of a trench dug in the mid-1980's has identified massive sulphides containing sphalerite in outcrop within the interpreted 'Boomerang mineralized horizon'. Three grab samples of massive sulphide mineralization all assayed between 5.3% to 6.9% zinc. This mineralization extends the potential Boomerang horizon for an additional 2 km to the east along strike, and opens a new area that has not been targeted previously.

A geological map of the local area will be available on the Company's website at www.messinaminerals.com under the "Projects" ... "Tulks South Property" ... "Boomerang" section, along with other geological reference material.

The 2005 exploration program at Boomerang began in February and has been expanded to include a minimum 22,000 meter diamond drill program expected to continue into the late fall.

All assays are initially performed by Eastern Analytical Limited of Springdale, Newfoundland. Check assaying 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.

The Company has extensive mineral land holdings totaling 272 square kilometers including the Tulks South Property and the 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 exploration costs to that point, or revert to a 2% net smelter return royalty.

Peter Tallman, 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.

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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