Millstream Uncovers 11 Zones of Stacked Mineralization At VMS Potter Mine Property
April 07, 2008 at 11:40 AM EDT
TORONTO, ONTARIO--(Marketwire - April 7, 2008) - Millstream Mines Ltd. (TSX VENTURE:MLM)(FRANKFURT:NJD) is proud to announce that eleven (11) well defined parallel mineralized zones have been identified by consultants Dave Gamble, P Geo., Edward Bettiol, P. Eng., and Ronald Blais, P. Eng. in their preparations and calculations of Millstream's Potter Property mineral resources.
To differentiate these multiple zones, with a high degree of confidence, required great patience along with detailed investigation and numerous trial and error runs working in three dimensional (3D) software programs. The use of Datamine's 3D Modeling and Downhole Explore programs proved very instrumental in illuminating Millstream's consultant staff of a whole new understanding of this rich "stacked" VMS type deposit encompassing eleven distinct zones of mineralization.
Presently, Millstream's consultants are finalizing the uncovered database of information and compiling for publication an initial resource estimate under the requirements and guidelines of National Instrument 43-101 on its volcanogenic massive sulphide (VMS) type deposit at its Potter Property. It is expected that this resource estimate will be made ready for public disclosure in the not too distant future.
About Millstream Mines Ltd.:
Millstream Mines Ltd. is a Canadian-based mineral exploration company whose principle objective is to enhance and develop known mineral properties to production potential. The Company has active projects in the Province of Ontario, Canada and in the State of Montana, USA. The company's main focus continues to be the 100% owned Potter Mine Property. This past producing property is host to copper-zinc-cobalt "stacked" mineralized zones located in the highly prolific Abitibi Greenstone Belt and more specifically in the Kidd-Munro Assemblage near the town of Matheson in north eastern Ontario. The Potter deposit is located midway between the Kidd Creek VMS deposit and the historic Horne VMS deposit with their respective smelter complexes.
Millstream seeks safe harbour with regard to forward looking statements.
April 4, '08 Close: $0.20
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