Date: December 23, 1996

Millstream Mines Ltd. is pleased to announce that it is commencing the next phase of exploration on it’s Potter Property. The program will consist of further geophysics, Max-Min studies and diamond drilling.

 Millstream is presently raising exploration funds by means of a flow through financing, up to a maximum of $1.2 million, anticipated to close on December 31/96.

 Previous operations of the property reported the continuation of the sulphides for at least 300 feet below the bottom 1100 feet mine level and suggest a lengthening, widening and grade improvement with depth. Possible resources reported by E.I. Bettiol, P. Eng. below the 1100 feet mine level are calculated to be 250,000 tons grading 2.66% copper, 3.45% zinc and 0.015 opt. Gold. The conductors that flank the magnetic anomalies east and west of the mine area appear to be in the same geological horizon that the ore body is located and as such, may indicate that the potential to encounter more volcanogenic massive sulphides is extremely high.

The principle objective of Millstream Mines Ltd. is to enhance and develop known mineral properties to production potential. Millstream holds mineral claims or interests, directly or through wholly owned subsidiaries in the Czech Republic, USA and Canada.