Messina Minerals Inc.
TSX VENTURE : MMI

Messina Minerals Inc.

August 02, 2005 17:58 ET

Messina (MMI) Extends Boomerang High-Grade Another 50 m West

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Aug. 2, 2005) - Messina Minerals Inc. (TSX VENTURE:MMI) has received assay results from eight of nine new drill holes on sections 3100E and 3150E at the recently discovered Boomerang Massive Sulphide at the Tulks South Property located in central Newfoundland.

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.

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.

Five new holes were drilled on section 3100E, a 50 meter step-out to the west of high-grade mineralization intersected in one hole GA05-43 on section 3150E reported June 22, 2005. Drilling on section 3100E has encountered high-grade massive sulphide mineralization. These results confirm that the Boomerang massive sulphide has a minimum strike length of 250 meters and remains open to the west. Results from each hole on section 3100E are shown in Table 1. Hole GA05-60 intersected approximately 18 meters of massive sulphide mineralization for which assays are pending.



Table 1: Section 3100E Assay Results
---------------------------------------------------------------------
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 -270 291.0 307.0 18.0 14.0 Boomerang massive
sulphide: assay pending
---------------------------------------------------------------------
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
---------------------------------------------------------------------


Four new holes were drilled on section 3150E, a 50 meter step-out to the west of high-grade mineralization intersected on 3200E reported previously (NR June 22, 2005). These holes were drilled above and below GA05-43 which was also reported previously (NR June 22, 2005). Three of four new holes hit massive sulphides containing base metal mineralization. Results from each hole on section 3150E are shown in Table 2.



Table 2: Section 3150E Assay Results
---------------------------------------------------------------------
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
-57 1165 -240 293.4 295.3 1.5 1.3 0.3 2.8 4.6 143 2.3
---------------------------------------------------------------------
GA05
-52 1157 -248 289.95 297.85 7.9 7.2 0.7 6.0 6.9 206 4.1
---------------------------------------------------------------------
GA05
-43 1144 -261 279.45 302.65 23.2 18.0 0.6 4.4 10.4 164 3.0
---------------------------------------------------------------------
GA05
-47 1106 -299 314.55 322.9 8.35 7.1 0.4 1.8 6.1 74 1.1
---------------------------------------------------------------------
GA05
-49 1058 -347 No sig
assay
---------------------------------------------------------------------


A cross-section map of geology on section 3150E is included with this news release and is also available on the Company's website at www.messinaminerals.com under "Tulks South Property" ... "Boomerang" section, along with other geological reference material. Cross-section of 3100E geology will be available when all results are received.

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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