Millstream Mines Ltd. (CDN-MLSM) is expected to begin drilling in late May on its 65% owned Roudny Mine Property (one of its 5 gold deposits) in the Czech Republic. The five (5) gold deposits are reported to contain 1,595,000 ounces of gold with various amounts of silver. Millstream has planned an initial 12,000 ft. drilling program to test existing mineralized parallel structures within the immediate vicinity of the proven gold deposit hosting proven and probable reserves of 783,000 ounces of gold. 

The Roudny Mine Property is in the Moldanubicum tectonic zone of the Bohemian Massif and within the regional Northeasterly trending Blanice graben. Existing on the Property is a major fault system trending NNE parallel to the general trend of the Blanice graben with a conjugate system trended E-W and N-W interpreted as pennate faults (feather tension faults) or the Blanice graben.

Detailed surface mapping revealed nearby parallel sets of fault system that could very well be host to a repetition of the proven gold deposit. As reported by Watts, Griffis and McOuat consulting engineers, there is no mineral and structural bottoming and the potential for down dip extension of the proven deposit appears to be good. The potential of discovering additional reserves within the mine workings and in the immediate vicinity being very high.

The Roudny Mine Property is in an area that has been mined since the 3rd to 1st centuries B.C. and is widely believed to have been one of the gold sources for Bohemian kings and rulers. Historical verification reports underground workings of gold grades exceeded 1.25 ounces per tonne and due to occupation by foreign forces the Property was last exploited in the mid 1930s.

Millstream is confident the reserves will be greatly enhanced both in grade and tonnage multiplying the ounces of gold. Millstream has arranged bridge financing of $150,000 and is negotiating with private investors for funding of $380,000 at a maximum issue of 1,000,000 common shares.