In the Hungry Hill and Sutherlands deal from Merrex, Messina has will acquire 2,950 hectares of exploration properties in the northeastern portion of the Tulks Volcanic belt in central Newfoundland.
In another deal, Messina will also purchase the nearby Victoria Mine property from Calgary-based Celtic Minerals.
The company said that the new claims are contiguous with and significantly add to Messina’s ‘Victoria’ project, which now is comprised of 64sq km of mineral lands prospective for copper-enriched volcanogenic hosted massive sulphide (VHMS) deposits.
The Victoria Mine property includes the turn-of-the-century copper mine, which reportedly (from NF government records) produced some 60,000 tonnes of between 3% and 10% copper at the time (historic estimate).
Upon acquisition and integration of data pertaining to these projects with Messina’s own database, exploration work planned for 2011 is expected to include examination of historical copper showings, mapping and prospecting of the stratigraphy, and location and surveying of prior drill collars, grids, and other features with the objective of confirming drill targets.
