MMI Messina Minerals Inc.

Conquest Resources Limited (TSX VENTURE:CQR) reports that it has commenced a
2,500 metre diamond drilling program at its 100% owned Smith Lake Gold Property,
located within the Missanabie-Goudreau Greenstone Belt, in northern Ontario. 


Summit Drilling Services Inc. has been contracted to operate their lightweight
drilling equipment for an estimated three months of BQ-sized exploration core
drilling. A total of 20 planned drill holes have been designed to test near
surface vein systems and other structural targets on the property. 


The first four holes of the program have been planned to follow up Conquest's
high grade 63.3 grams per tonne (g/t) gold intersection from hole CSL-11-001 (as
previously reported - see Press Release dated September 19, 2011) in the
Company's 2011 autumn drilling program. Second order priority holes will target
east-west oriented structures near the northern extension of the north-south
oriented Braminco Shear Zone. Additional targets have been identified at sites
with coincident structural and Mobile Metal Ion ("MMI") surface geochemical
anomalies.


ABOUT THE SMITH LAKE PROPERTY 

Conquest's Smith Lake Property consists of six patented mining claims and 24
contiguous mining claims comprising over a 50 square kilometer area that is
located contiguous with the former Barrick/Homestake Renabie Gold Mine which
closed in 1991 having produced more than 1,000,000 ounces of gold since 1941
from reported reserves of approximately 6 million tonnes at an average grade of
6.6 grams per tonne gold and 2 grams per tonne silver.


During 2011, Conquest completed 1,109 metres of diamond drilling on Conquest's
100% owned patented mining claims at Smith Lake. The most significant gold
intersection on the Smith Lake Property was located in the first drill hole of
the program grading 63.3 grams per tonne (g/t) of gold over 0.28 metres within a
mineralized quartz vein in hole CSL-11-001. Of a total 318 samples collected
from the ten hole program, 30 samples returned anomalous assays ranging from
0.25 g/t to 63.3 g/t gold over 0.22 to 1.50 metres in core length thickness. 


Gold mineralization in the Renabie area is the result of repetitive hydraulic
fracturing and shear zone inflation within Archean-aged granitoid intrusives.
The repetitive nature of veining results in ribbon textured veining that is
strongly controlled by two main structural trends oriented east-west and
northwest-southeast, both of which are present on Conquest's patented mining
claim group at Smith Lake.


QUALIFIED PERSON 

Information of a scientific or technical nature contained in this release has
been prepared by or under the supervision of Terence McKillen, P.Geo., the Chief
Executive Officer and Benjamin Batson, P. Geo., the Vice Present of Exploration
of the Company, both of whom are Qualified Persons within the meaning of
National Instrument 43-101 of the Canadian Securities Administrators. 


Samples were analyzed by AGAT Laboratories in Mississauga, Ontario using a 50
gram pulp fire assay technique with ICP-OES finish. AGAT employs the use
standards, blanks and duplicate samples to calibrate on a regular basis within
batches.


ABOUT THE COMPANY 

Conquest is exploring several gold projects in Ontario. These include the
Alexander Gold Project at Red Lake; the Sunday Lake property at Detour Lake in
joint venture with Detour Gold Corporation; and, the Smith Lake Gold Project at
Missanabie. 


Conquest and Detour Gold Corporation are exploring for structurally-hosted gold
mineralization under a joint-venture agreement at the Sunday Lake property
located along the Sunday Lake Deformation Zone approximately seven kilometers
east of Detour Gold's 15.6 million ounce planned open pit gold mine. Detour
Gold, as operator, has agreed to expend $1,000,000 on exploration prior to
September 30, 2012 to earn a 50% interest in the Sunday Lake Property. Detour
Gold completed 1,600 metres of exploration drilling during winter 2011 and is
currently planning a 2,000 metre winter drilling program for 2012.


There are currently 95,477,728 shares of Conquest issued and outstanding.

This news release may include certain "forward-looking statements". All
statements other than statements of historical fact, included in this release,
including, without limitation, statements regarding potential mineralization,
resources and reserves, exploration results, and future plans and objectives of
Conquest, are forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause actual
results to differ materially from Conquest's expectations are exploration risks
detailed herein and from time to time in the filings made by Conquest with
securities regulators.

Grafico Azioni Messina Minerals Inc. (TSXV:MMI)
Storico
Da Giu 2024 a Lug 2024

Grafico Azioni Messina Minerals Inc. (TSXV:MMI)
Storico
Da Lug 2023 a Lug 2024