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Millstream Mines Ltd

Publié le 14 novembre 2007

Outlines Geophysical Results and Future Plans at Potter Property

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Mots clés associés :   Canada |

MILLSTREAM OUTLINES GEOPHYSICAL RESULTS AND
FUTURE PLANS AT POTTER PROPERTY

Toronto, Ontario, November 14, 2007, Millstream Mines Ltd. (MLM-TSX-V; NJD- Frankfurt) is pleased to report that its downhole geophysical Electrical Continuity (E.C.) survey conducted in selected drill holes at its Potter Property has been completed. The report interpreting the results establishes that certain massive sulphide intervals from hole to hole are connected while others are not. A follow-up downhole geophysical E.M. survey will be conducted and it is anticipated that this in conjunction with the E.C. survey will help to identify further drill targets and assist in the preparation of a resource estimate as per NI 43-101.
 
Also of importance, the Company has initiated the investigation of obtaining a permit for advanced exploration consisting of dewatering the shaft and mine workings in order to allow for underground access. This will enable the Company to conduct diamond drilling to further define and delineate the previously known and newly discovered mineralized zones both horizontally along strike and vertically to depth. Previously drilled holes in 1999 established that the mineralized structure continues to depth below 914.35 metres or 3000 ft. (see DDH S99-01A in PR June 14, 2007).

Millstream's drilling program continues to expand the "stacked" mineralized massive sulphide zones located at the Potter Property. Assays on several holes drilled remain pending. The past producing property is found in the highly prolific Abitibi Greenstone Belt in the Kidd-Munro Assemblage near the town of Matheson in north eastern Ontario, Canada. The Potter volcanogenic massive sulphide (VMS) type deposit is located midway between the Kidd Creek VMS deposit and the historic Horne VMS deposit with their respective smelter complexes.

Dave Gamble, P.Geo. and Edward Bettiol, P. Eng,  both consultants of Millstream, are the Qualified Persons as described in National Instrument 43-101 f or the Potter Mine Project. They have reviewed this report and press release with company management.

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. It is the company's ambition to fulfill drilling requirements necessary to estimate a NI 43-101 compliant resource.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Millstream seeks safe harbour with regard to forward looking statements.

For further information contact:
 
Mr. Ernest Harrison, EM, CEO       
Phone: 705-474-7282

Mr. Marty Martinello, B.A., V.P.
Fax: 705-474-5491

Mr. Robert Chase, CFA, CFO 
Phone:416-368-9595
Fax:  416-368-6827
Email: info@millstreammines.com
Web: www.millstreammines.com

RENMARK FINANCIAL COMMUNICATIONS INC.
CHRISTOPHER WELLS : CWELLS@RENMARKFINANCIAL.COM
JEN POWER : JPOWER@RENMARKFINANCIAL.COM
TEL.: (514) 939-3989
FAX: (514) 939-3717
WWW.RENMARKFINANCIAL.COM

Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Millstream Mines Ltd

EXPLORATEUR
CODE : MLM.V
ISIN : CA6009001042
CUSIP : CA6009001042
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Millstream est une société d’exploration minière d'argent et d'or basée au Canada.

Millstream détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont TAMARACK, MUNRO TWP, ATOLIA et AIRPORT au Canada.

Millstream est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 1,7 millions CA$ (1,3 millions US$, 1,2 millions €).

La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2007 à 0,55 CA$, et son plus bas niveau récent le 24 juillet 2015 à 0,01 CA$.

Millstream possède 42 240 000 actions en circulation.

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Financements de Millstream Mines Ltd
22/02/2016UNDERTAKES FINANCING
23/09/2014TO CONSOLIDATE SHARES AND AMENDS TERMS OF PREVIOUSLY ANNOUNC...
30/07/2013Millstream Announces Private Placement
27/01/2012CORRECTION FROM SOURCE: Millstream Completes Financing
23/01/2012COMPLETES FINANCING
14/12/2011SETS TERMS OF FINANCING
10/09/2009COMPLETES NON-BROKERED PRIVATE PLACEMENT
31/12/2008COMPLETES $390,000 FLOW-THROUGH FINANCING
Nominations de Millstream Mines Ltd
27/02/2014FRED SHARPLEY, P.Geo. TO JOIN MILLSTREAM’S BOARD OF DIRECTOR...
Projets de Millstream Mines Ltd
24/09/2012(Tamarack)EXECUTES MOU ON TAMARACK GOLD PROPERTY
21/08/2012(Tamarack)EXECUTES LOI ON TAMARACK GOLD PROPERTY
05/07/2011(Potter)Expands Land Position at Potter
23/08/2010(Tamarack)Tamarack potential open pit 1,000,000+ tons
06/01/2010(Potter)signs agreement with agents of china on Coppper Zinc Potter ...
01/12/2009(Tamarack)SIGNS LETTER OF INTENT FOR FURTHER DEVELOPMENT OF TAMARACK G...
14/05/2009(Tamarack)Receives positive gold gravity test work results from tamara...
28/07/2008 Submits NI 43-101 Report On Tamarack Gold Property
29/01/2008(Potter) Extends Favourable Mineralized Horizon Approximately 500 Me...
28/11/2007(Potter)Cuts 15 Metres of .16% Nickel At Potter
26/11/2007(Tamarack)Uncovers New Gold Zone at Tamarack Measuring 28.8 g/t Gold a...
20/11/2007(Potter) Cuts 3 Massive Sulphide Intervals Including 18.0 Metres of ...
14/11/2007(Potter) Outlines Geophysical Results and Future Plans at Potter Pro...
12/11/2007(Airport) Provides Current Exploration Status Of Its East Property
05/11/2007 Expands Land Position at its Potter Property in North Easte...
30/10/2007(Potter) Cuts 8.25 Metres of 2.53% Copper Within a Larger Interval o...
17/10/2007(Potter) Rotates Diamond Drill Head 15° West From S-07-13 (Az 5.00) ...
11/10/2007(Potter)Cuts 8.65 Metres of 3.20% Copper, 2.03% Zinc, 0.112% Cobalt ...
Communiqués de Presse de Millstream Mines Ltd
21/04/2016MILLSTREAM CORPORATE UPDATE
16/12/2015MILLSTREAM DISCLOSES EXPECTED PROGRAM...
15/04/2015MILLSTREAM CORPORATE UPDATE...
17/05/2012AMENDS OPTIONS
02/05/2012(Potter)REPORTS FURTHER ON MAG/VLF SURVEY OF SOUTH POTTER
17/04/2012(Potter)REPORTS ON MAG/VLF SURVEY OF SOUTH POTTER
27/03/2012(Potter)COMPLETES MAG/VLF SURVEY ON SOUTH POTTER
06/02/2012(Potter)DISCOVERS MAGNETIC ANOMALIES SOUTH OF POTTER
19/12/2011(Tamarack)EXPOSES GOLD ZONE EXTENSION AT TAMARACK
18/02/2011Reports a Change to its Board of Directors
09/12/2008SETS TERMS OF FINANCING...
05/02/2008 Sets its Sights on Sudbury Airport East Property; Drilling ...
06/12/2007''s Step-Out Hole S-07-22 Intercepts Massive Sulphides 77 Me...
28/09/2007Starts Up Gold Mill At Tamarack
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