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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: MILLSTREAM
STARTS DRILLING GOLD
PROPERTY Chemex Labs Inc. of The
Tamarack Property is a former producing, high-grade gold operator in the The
associated assets of the property include a new small 60 to 100 tons per day
mill erected in the early 1990's and an older small 50 to 60 tons per day
mill last operated in the 1960's. Additional associated assets are tailings
disposal ponds, a water supply lagoon and well, compressors, bulldozers,
loaders, haulage trucks; underground mining equipment, parts and tools. An
electric power transmission line complete with a sub-station on the property
can be energized on signing a current contract with Northwest Energy Co. The
Tamarack Property was initially discovered in the 1860's and has been worked
intermittently, both on surface and underground, up to the present time. The
most dedicated undertaking of the property was carried out by Mr. Alexander Leggat, B.S., E.M., a professional mining engineer, from
1927 to 1937. During this period Leggat surveyed
and assayed the past workings producing detail plans of the mine and geology.
Due to the lack of proper financing he developed and ran the mine on a
salvage type operation until he ran out of funds. In his final report dated Millstream purchased an
undivided 50.5% interest in the Tamarack, lode gold bearing, Property and its
associated assets. 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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