TORONTO, ONTARIO--(Marketwire - Jan. 6, 2010) - Millstream Mines Ltd.(TSX VENTURE:MLM)(FRANKFURT:NJD) wishes to announce that it has been approached by Agents of mainland chinese investors wishing to participate in the Company's Potter Base Metal Mine Property either through an outright purchase of the property or by way of a joint venture earn-in agreement. An intermediation contract has been recently signed with these Agents.
The past producing Potter Mine Property is host to copper-zinc-cobalt "stacked" mineralized zones contemporaneous with the mineralization at Kidd Creek and 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. An initial NI 43-101 compliant resource estimate on the Potter revealed an indicated resource of 3,028,767 tonnes at 1.45% copper, 1.19% zinc, 389.7 ppm cobalt, 11.1 ppm silver, and 127.5 ppb gold along with an inferred resource of 2,071,101 tonnes at 1.08 % copper, 1.05 % zinc, 301.4 ppm cobalt, 8.7 ppm silver, and 81.7 ppb gold.
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 projects in the Province of Ontario, Canada and in the State of Montana, USA.
Millstream seeks safe harbour with regard to forward looking statements.
73,851,707 SHARES ISSUED
Jan. 5, 2010 Close: $0.04
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