Messina Minerals Inc.
TSX VENTURE : MMI

Messina Minerals Inc.

August 08, 2005 09:30 ET

Messina 'MMI' Boomerang Drilling Intersects 29% Combined Base Metals, 445 g/t Silver, 5.7 g/t Gold Over 2.95m

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Aug. 8, 2005) - Messina Minerals Inc. (TSX VENTURE:MMI) has received assay results from drill hole GA05-60 on section 3100E at the recently discovered Boomerang Massive Sulphide at the Tulks South Property located in central Newfoundland.

Hole GA05-60 intersected spectacular base metal-bearing sulphide mineralization, particularly within the 2.95 meter subinterval from 299.0 to 301.95 meters containing 29% combined base metals which is the highest concentration of any hole drilled to date at Boomerang. Previously the best base metal-bearing interval was in hole GA05-16 drilled in February on section 3300E which contained 26% combined base metals. Importantly the gold and silver contents have increased significantly as drilling has progressed to the west, reflected by example from comparing the concentrations within the high-grade subinterval in GA05-60 of 5.7 g/t gold and 445 g/t silver versus 0.8 g/t gold and 159 g/t silver over the subinterval in GA05-16 two hundred meters away along strike.

Hole GA05-60 on section 3100E intersected a total of 16.6 meters of massive sulphides (13.0 meter true thickness) with an average grade of 12.4% combined base metals with 3.6 g/t gold and 180 g/t silver. A total of five holes have been completed on this section and results from each hole are summarized in Table 1, including those reported August 2, 2005.



Table 1: Section 3100E Assay Results
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Dis-
tance
Ele- from True
va- Sur- Thick-
Hole tion face From To Length ness Cu Pb Zn Ag Au
ID (m) (m) (m) (m) (m) (m) % % % g/t g/t
---------------------------------------------------------------------
---------------------------------------------------------------------
Sur-
face 1405 0
---------------------------------------------------------------------
GA05
-46 1146 -259 301.05 301.45 0.4 0.3 1.0 9.0 10.3 301 3.2
---------------------------------------------------------------------
GA05
-60 1135 -270 291.1 307.7 16.6 13.0 0.6 5.0 6.8 180 3.6
incl-
uding 296.7 303.35 6.65 5.2 0.9 8.1 11.9 288 4.9
incl-
uding 299.0 301.95 2.95 2.4 1.3 11.8 16.2 445 5.7
---------------------------------------------------------------------
GA05
-48 1123 -282 302.7 326.0 23.2 16.0 0.4 1.1 4.2 36 0.5
incl-
uding 304.7 308.85 4.2 2.9 2.0 3.6 17.1 142 2.1
---------------------------------------------------------------------
GA05
-50 1107 -298 312.25 318.4 6.15 5.0 0.4 2.6 10.0 78 0.7
---------------------------------------------------------------------
GA05
-55 1077 -328 334.1 335.6 1.5 1.2 0.4 1.7 1.4 65 0.9
---------------------------------------------------------------------


Boomerang high-grade base metal mineralization has now been intersected over a strike length of 250 meters between sections 3100E to 3350E. The zone remains open to the west, remains open up-dip and down-dip on most sections, and remains open to the east for 150 meters.

As stated previously (August 2, 2005), another eight additional holes have been completed on sections 3250E and 3350E; another two are currently in progress on these sections. Assays from these holes are pending and will be reported when received.

The individual assay and sample interval data sheet for hole GA05-60 will be available on the Company's website at www.messinaminerals.com under the "Tulks South Property" ... "Boomerang" section, along with other geological reference material. Similar assay/interval information for hole GA05-16 is already posted there.

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 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.

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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