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Canadian Venture Exchange Inc. Symbol MLM |
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Millstream
Mines Ltd. Fax: (416)
368-6827 |
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40,132,043
SHARES ISSUED |
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FOR IMMEDIATE RELEASE Date: Nov.15,
2004 Nov. 12, 2004 Close: $0.08
POTTER
AND AIRPORT GEOPHYSICS RETURN FAVOURABLE
RESULTS POTTER PROPERTY Downhole
geophysical (EM) surveys were recently carried out on DDH’s (Diamond Drill Holes)
S 97-06, S 99-01, and S 99-05. All surveys
utilized Crone Geophysics & Exploration Limited and were carried out under
the supervision of Insight Geophysics Inc.. In
DDH S 97-06, an off-hole anomaly was detected approximately 25 metres at an
azimuth from the hole axis of 135 deg. at 55 metres downhole depth. Insight
recommends that this geophysically significant anomaly warrants follow-up
testing. DDH S97-06 is located at grid lines L8+65mw; 10+00ms, Azimuth 025,
Dip -45, End of Hole (EOH) 681 ft. In
DDH S 99-01, a sub-parallel off-hole anomaly was detected below and to the
east of the drill hole at 425 metres downhole depth. The indications of
this anomaly if projected towards the drill hole would have the top near 300
metres and the bottom near 550 metres downhole depths. D.D.H S 99-01 is
located at grid lines L17+60mw; 8+75ms, Azimuth 345, Dip -60, EOH
1002m. In
DDH S 99-05, a wedge branch off DDH S 99-01A which is a wedge off DDH S
99-01, the presence of in-hole massive sulphides mineralization was
detected further downhole from the 1040 metres downhole mark. DDH S
99-05 is ended at a combined downhole depth of 1184m. The probe could go
no further from this point due to blockage of the hole. Review of
the drill hole logs and core assays confirmed further downhole an
intersection of 23.29 metres of a sulphide mineralized zone having the
highest assay values of 3.06% copper and 2.90% zinc. The
company management and consultants will be assessing the significance of
these results and the follow-up work programs on the Potter property. AIRPORT PROPERTY A
downhole geophysical (EM) survey was recently carried out utilizing Crone
Geophysics & Exploration Limited under the supervision of Insight
Geophysics Inc.. The survey detected a weak off-hole anomaly
approximately 125 metres south of the drill hole at 480 metres downhole
depth. DDH M002 is located at grid lines 20N; 4+80E, Azimuth 270, Dip
-60, EOH 627m. Currently,
the company with its Joint Venture partner, Crowflight Minerals Inc. are
drilling other areas of the property and the decision to follow-up on
the results of DDH M002 will be made at a later date. The principle objective of Millstream Mines Ltd.
is to enhance and develop known mineral properties to production potential. Millstream, further wishes to announce and remind
the interested public of its web site location, WWW.MILLSTREAMMINES.COM. WARNING:
The company relies upon litigation protection for "forward-looking"
statements. |
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For further
information contact: |
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Mr. Ernest Harrison, EM,
CEO Mr. Marty Martinello, B.A.,
V.P. |
Phone:
705-474-7282 Fax:
705-474-5491 |
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Mr. Robert Chase, B.A., CFO |
Phone:416-368-9595 Fax: 416-368-6827 |
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Email: info@millstreammines.com
Web:www.millstreammines.com |
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No regulatory
authority or similar body approved nor disapproved the information contained
herein. |
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