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Messina has mineral resources estimated for the massive sulphide mineralization at Boomerang, Domino, Hurricane and Tulks East B Zone (Tulks South project), Main Zone (Long Lake project) and Skidder (Skidder project). The classifications for each mineralized area are discussed in the section on Resources and summarized in each Project.
Ongoing exploration is aimed at discovering new zones of mineralization that increase Messina's established mineral resource base. Since the acquisition of the initial central Newfoundland project in 2003, Messina has successfully increased its mineral resources by acquisition or by discovery, as summarized in the table following.
Figure: Expansion of Messina's Mineral Resources (NI43-101 Compliant and Historic Estimates) Between 2003 and 2007. "TEB" refers to the Tulks East B Zone within the Tulks South Property. "LL Main" refers to the Main Zone within the Long Lake Property. "Boom-Domino" refers to the Boomerang and Domino resource areas within the Tulks South Property. "Skidder" refers to the Skidder prospect historical resource within the Skidder Property. Historic Estimates of Mineral Resources are not compliant with current standards and should not be relied upon. See disclosure and definitions in "Resources".
Future Exploration Plans
The objective of exploration drilling is to add substantive new base metal mineralization to grow the mineral resource base.
Economic assessments, environmental and engineering planning studies are also planned for the Boomerang mineral resource to assess the economic quality of the mineralization and to establish the engineering parameters and potential costs of its extraction.
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