20,156,155 shares issued
NEWS RELEASE
MILLSTREAM COMMENCES SUDBURY AREA
EXPLORATION PROGRAM
Date: January 9,1997
Millstream crews have commenced linecutting to establish a ground control grid over the Airport Property, located in Falconbridge Township, Sudbury Mining Division, Northern Ontario, Canada.
A follow up ground based Magnetometer/ VLF Electromagnetic Survey with an overlapping Max-Min Geophysical survey will commence in the near future.
Results of the current sampling done by Millstream in the northern part of the property have returned the following assays:
1.- Grab sample taken from the dump area of a past shallow test shaft :
|
Au (oz/t) |
Cu (%) |
Ni (%) |
Pt (oz/t) |
Pd (oz/t) |
|
0.001 |
0.90 |
0.009 |
< 0.001 |
<0.001 |
2.- Samples from recently blasted trench ¼ mile south of the above referenced past shallow test shaft area :
|
Au (oz/t) |
Cu (%) |
Ni (%) |
Pt (oz/t) |
Pd (oz/t) |
|
|
1 |
0.016 |
1.06 |
0.006 |
<0.001 |
<0.001 |
|
2 |
0.010 |
1.49 |
0.005 |
<0.001 |
<0.001 |
|
3 |
0.010 |
0.213 |
0.006 |
<0.001 |
<0.001 |
|
4 |
0.008 |
0.283 |
0.006 |
<0.001 |
<0.001 |
|
5 |
0.025 |
0.462 |
0.008 |
<0.001 |
<0.001 |
|
6 |
0.014 |
1.53 |
0.004 |
<0.001 |
<0.001 |
Millstream further announces that diamond drilling started again Wednesday, January 7, 1998 on The Deep Drill Hole Program at the Timmins – Matheson Potter Property.
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 Canada, USA, and the Czech Republic.
- 30 -