Canadian Venture Exchange Inc.

Symbol YLI

Millstream Mines Ltd.

4 King St. Suite 1320            Toronto, Ontario, M5H 1B6      Tel: (416) 368-9595

Fax: (416) 368-6827

34,632,043 SHARES ISSUED

 

 

 

FOR IMMEDIATE RELEASE

Date: Oct. 6, 2003

Oct. 3, 2003 Close: $0.17

MILLSTREAM COMMENCES SUDBURY

AIRPORT DRILL PROGRAM

Toronto, Ontario -- Millstream Mines Ltd. (YLI - TSX-V) wishes to announce that it is starting a diamond drilling program on its Sudbury Airport Property. A recent deep penetrating I.P. geophysics survey has outlined several distinct anomalies which are located within the belts of Sudbury Breccia, the host environment for many of the economic deposits in the Sudbury Basin. The geophysics survey was structured to investigate a model target (massive sulphide, fairly narrow in width and length and penetrating to unknown depth) in the Sudbury Basin footwall rocks. The drilling program will investigate a number of the recently discovered anomalies and produce critical lithology of their surrounding environments for further analysis.

 

The Airport Property is located just outside the east rim of the Sudbury basin on the southeast horn of the Basin; and 1.2 Km east of Falconbridge’s past producer, Norduna Mines, and 4 Km southeast of Falconbridge’s recent (Nickel Rim South) hi-grade Cu-Ni-Co-PGM discovery near to their past producer, Nickel Rim Mine (FL P.R. April 16, 2002, “the hi-grade intersection has a gross value of CDN$2,000/tonne”). Currently, Falconbridge-Aurora Platinum J.V. (ARP P.R. July 11 & Sept 11, 2002) are diamond drilling their property abutting the south half west boundary of the Airport Property. Sudbury Breccia and Psuedotachylite are the known host structures for ores in the Sudbury Basin Footwall zones. These structures are found in the Nickel Rim South new discovery and at other mining locations around the Sudbury Basin.

 

Consultant, John Gingerich, notes the Airport Property has several long zones of untested Breccia and Psuedotachylite with numerous Cu-Ni-Co-PGM showings, indicating the potential for a more significant deposit. Consultant, Phil Brown, geologist, states that two major faults, the Airport Fault and the Norduna Fault, cross the Property in a southeasterly direction and that Cu-Ni-Co-PGM mineralization has been associated with these faults (YLI P.R. Jan. 21, 2002).

 

Millstream would also like to remind the interested public of its website 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       Mr. Marty Martinello, B.A., V.P.

Phone: 705-474-7282

Fax: 705-474-5491

 

Mr. Robert Chase, B.A., CFO

 

Phone:416-368-9595

Fax:  416-368-6827

 

Email: info@millstreammines.com Web:www.millstreammines.com

 

 

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