Businessweek

Messina Minerals, Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for zinc, lead, copper, silver, and gold mineral resources in Newfoundland. Mishi Gold Property, Ontario The company has an agreement with Windarra Minerals Ltd., whereby Windarra acquired its property and royalty rights pertaining to the Mishi Leases. Tulks South Property, Newfoundland The company has a 100% interest in the Tulks South property in Newfoundland. It owns the Eagle property and Costigan Lake property. Long Lake Property, Newfoundland The company has a 100% interest in certain mineral claims comprising the Long Lake property. The Long Lake property is prospective for volcanogenic massive sulphide zinc-copper-silver-gold deposits and also has potential for mesothermal gold deposits. The Long Lake Property is located adjacent to Messina’s Tulks South Property. York Harbour Property, Newfoundland The company has a 100% interest in 26 claims covering 650 hectares from Tenacity Gold Mining Company Limited. Haven Steady Property, Newfoundland The Haven Steady Property is located 15 Kilo meters southwest of Teck’s Duck Pond copper-zinc mine and 75 kilo meters northeast of Messina's Boomerang deposit on the Tulks South Property. Messina acquired an option to earn a 100% interest in the Haven Steady Property from Tenacity Gold Mining Company Limited. A total of 7 holes were completed in November and December 2009 totaling 1,144.5 meters of NQ core recovered. Skidder Property, Newfoundland The company has the option to earn a 100% interest in the Skidder property located in central Newfoundland. It staked 73 claims covering 1,825. It owns the option to an additional 19 claims covering 475 hectares. Victoria River Area Property, Newfoundland The Victoria River Property is comprised of 101 contiguous mineral claims totaling 2,525 hectares. Bobby’s Pond Property, Newfoundland The company owns the Bobby’s Pond property, which consist of 7 claims totaling 175 hectares. The property covers altered felsic volcanics of the Tulks Volcanic belt and is located immediately southwest of and along strike from the Bobby’s Pond (zinc) massive sulphide prospect. Daniels Harbour Property, Newfoundland The company has acquired 181 claims totaling 4,525 hectares by staking the Daniels Harbour Property located on the Great Northern Peninsula on the west coast of Newfoundland. Costigan Lake Property, Newfoundland The Costigan Lake Property is comprised of 112 claims totaling 2,800 hectares, located in central Newfoundland between the company’s Long Lake and Tulks South Properties. Healy Bay Property, Newfoundland The company acquired 155 claims totaling 3,875 hectares.