30,733,043 SHARES ISSUED                                                                                                         

 

 

METALS RECOVERY PROGRAM FUNDING

POTTER MINE TAILINGS PILOT TEST

Date: June 28, 2001

 

Millstream Mines Ltd. wishes to announce the funding success for its Pilot Test Program to exploit the innovative proprietary Electro-Chemical Quik Leach and Membrane technologies for recovery of metals contained in its Potter Mine tailings (waste dump). The Potter Mine property is located in Munro Township, Matheson area, northeast Ontario, Canada.

 

Millstream in conjunction with the owners of the proprietary technologies (Harrison Environmental Services Inc. and Enpar Technologies Inc.) obtained the required $600,000 funding for the test program (ref. Press Release February 07, 2000 & April 03, 2001).

 

Millstream finalized (to a third party) a sale of a 10% Net Profit Interest royalty in all metals or minerals recovered from the past operated mine tailings (waste dump) for a net payment of $300,000 (ref. Press Release June 22, 2000), and Harrison Environmental Services Inc. sourced the balance.

 

The proprietary technologies are producing encouraging positive results with some specific elements (of significant value) surpassing what was initially contemplated. The program now has been expanded to investigate additional parameters and it is anticipated to produce the draft report with conclusions shortly after the end of July, 2001.

 

Millstream, further wishes to announce and remind the interested public of its web site location, WWW.MILLSTREAMMINES.COM.

 

The principle 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, CEO     Phone: 705-474-7282

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

 

Mr. Peter H. Brodie Brown      Phone:    416-368-9595

Mr. Robert Chase, B.A.            Fax:    416-368-0584

                          Email: info@millstreammines.com

 

 

 

 

 

No regulatory authority or similar body approved nor disapproved the information contained herein.