ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

MMI Messina Minerals Inc.

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type
Messina Minerals Inc. TSXV:MMI TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Messina Commissions NI43-101 Resource Estimate on Main Zone, Central Newfoundland

24/10/2011 2:15pm

Marketwired


Messina Minerals Inc. (TSXV:MMI)
Historical Stock Chart


From Jul 2019 to Jul 2024

Click Here for more Messina Minerals Inc. Charts.


Messina Minerals Inc. (TSX VENTURE:MMI) has engaged SRK Consulting (Canada) Inc. ("SRK") of Toronto to prepare a first NI43-101 compliant mineral resource estimate for the Long Lake Main Zone zinc-lead-copper-silver-gold massive sulphide prospect located in central Newfoundland, Canada. The Main Zone prospect is located 22 kilometers northeast of Messina's Boomerang deposit and 48 km southwest of Teck's operating Duck Pond zinc-copper mine. To view a location map please click the following link: http://www.messinaminerals.com/i/pdf/MMI_PropertyLocation_2011.pdf. SRK will examine the continuity and grade characteristics of Main Zone base metal mineralization and characterize and produce an NI43-101 compliant estimate of mineral resources as well as a new technical report to support its disclosure.

Zinc-copper-lead massive sulphides were discovered at the Main Zone in 1994 by Noranda. Since 1994 Noranda and Messina have completed a number of drill programs that have intersected base metal mineralization consistently over a 400 meter strike length and down to 750 meters depth. The focus of the mineral resource estimate will be on the 200 meter length where detailed drilling has been completed. This first estimate of Main Zone mineral resources is expected to add to Messina's inventory of zinc-lead-copper resources as well as identifying target areas for further drilling.

Work by Messina at the Main Zone during 2011 included updating models of zinc-lead-copper mineralization, relogging and additional sampling of archived drill core, and additional duplicate assaying of archived assay pulps sufficient to produce a non-NI43-101 compliant in-house wireframe estimate of Main Zone volume and base metal distribution. Recently SRK completed a site inspection, collected and assayed a series of field duplicates, and inspected Messina's Main Zone assay database and wireframe models. Messina expects to receive from SRK a summary estimate of Main Zone mineral resources later this year, with the technical report to follow within 60 days.

SRK has a demonstrated track record in undertaking independent assessments of Mineral Resources and Mineral Reserves, project evaluations and audits, technical reports and independent feasibility evaluations to bankable standards on behalf of exploration and mining companies and financial institutions worldwide.

Peter Tallman, President of Messina states, "The Main Zone potentially represents a significant addition to Messina's base metal inventory in central Newfoundland. An NI43-101 estimate should quantify the resource characteristics and more importantly help identify areas where further exploration is warranted. We welcome the experienced professional assistance of SRK in providing this review."

About Messina

Messina Minerals Inc. is a leading explorer for zinc-lead-copper-silver-gold massive sulphide deposits in Newfoundland, Canada on its extensive 400 square kilometer mineral lands in a region known historically for its base metal resources. The Company has made massive sulphide discoveries including "Boomerang" and "Domino" which include NI43-101 compliant indicated mineral resources of 1.4 Mt grading 7.1% Zn, 3.0% Pb, 0.5% Cu, 110 g/t Ag and 1.7 g/t Au plus inferred mineral resources of 0.7 Mt 6.5% Zn, 2.8% Pb, 0.4% Cu, 95 g/t Ag and 0.9 g/t Au. See our website for more information.

Peter Tallman, P.Geo., CEO and President of Messina Minerals Inc. is the Qualified Person who has reviewed and is responsible for the technical data contained in this news release.

ON BEHALF OF THE BOARD OF DIRECTORS OF MESSINA MINERALS INC.

Peter Tallman, Director

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts: Messina Minerals Inc. Peter Tallman President (604)688-1508 (604) 601-8253 (FAX)info@messinaminerals.comwww.messinaminerals.com

1 Year Messina Minerals Inc. Chart

1 Year Messina Minerals Inc. Chart

1 Month Messina Minerals Inc. Chart

1 Month Messina Minerals Inc. Chart

Your Recent History

Delayed Upgrade Clock