NEWS RELEASE
Date: May 13, 1999
PHASE 1 OF POTTER MINE EXPLORATION
PROGRAM SET TO START
Minority Shareholders Unanimously
Ratify
100% Purchase of The Potter Mine
Property
Ernest Harrison, Chairman of Millstream Mines Ltd. (MLSM-Z) is pleased to announce that the Company and Hunter Dickinson Group Inc. (HDG) have struck the work budget for the first phase of the $19,000,000 exploration program at the Potter Property (Press Release April 15/99). The $4,000,000 Phase 1 program will consist primarily of diamond drilling in the Potter Cu-Zn Deposit area. In addition, other areas of high probability will be confirmed with geophysical surveys and targeted for drill testing during this phase. Three drill rigs are presently being mobilized. Work on the Property is to start the week of May 17, 1999.
In our Press Release, March 25, 1999, statements by consultants, Dr. Gibson and David Gamble, support Yorkton Securities previous report (May 5, 1998) that "the deep drilling program at Millstream’s Potter Mine represents one of the most promising current base metal exploration projects in Canada. The drill intercepts beneath the former mine workings have been exceptionally high grade".
At the recent Annual Shareholder and Special Meeting (May 4, 1999) the minority shareholders ratified the 100% Purchase of the Potter Mine Property, with the insiders and Control Block abstaining from voting.
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.
Millstream holds mineral claims or interests, directly or through wholly
owned subsidiaries in Canada, USA, and the Czech Republic.
-30-
No regulatory authority or similar body approved nor disapproved the information contained herein.