30,733,043 shares issued
NEWS RELEASE
Date: Aug. 30, 2000
Millstream Mines Ltd. announces it is diamond drilling on its Kidston Property. Drill hole KDS 00-01 (75W, 300S, dip -50, Az 360) is targeted to test the south dipping downward extension of the favourable horizon.
The property consists of 3 claims located north of Millstream's Potter Property and regional geology indicates it may be situated on the northern limb of a syncline with the Potter situated on the southern limb. Recent geophysics showed chargeability and resistivity signatures associated with a target horizon generally characterized as hosting disseminated to massive sulphides. Diamond drilling done in the past on the property and abutting claims indicated a westerly trending mineralization dipping south. Previous past drill intersections, as reported by Granges Exploration Ltd., intersected 7.7% Copper in Hole 92-09 over a 0.6 meter downhole section and 3.33% Zinc in hole 92-08 over a 2.3 metre downhole section.
Millstream has an agreement with Orogrande Resources Inc. (CDN-X; ORG) in which ORG can earn a 49% interest (PR July 19, 2000).
The principal objective of Millstream Mines Ltd.
is to enhance and develop known mineral properties to production potential.
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For further information contact:
Mr. Ernest Harrison, EM Phone: 705-474-7282
Mr. Marty Martinello, B.A. Fax: 705-474-5491
or
Mr. Peter H. Brodie Brown Phone: 416-368-9595
Mr. Robert Chase, B.A. Fax: 416-368-0584
Email: mlsm@passport.ca
No regulatory authority or similar body approved nor disapproved the information contained herein.