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.