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
31,632,043 SHARES ISSUED

FOR IMMEDIATE RELEASE Date: Sept. 25, 2003 Sept. 24, 2003 Close: $0.165 MILLSTREAM CLOSES $300,000 FINANCING Toronto, Ontario -- Millstream Mines Ltd. (YLI - TSX-V) wishes to announce that it has closed the previously reported financing (PR June 10, 2003 & PR July 28, 2003) of $300,000. The offering consisted of 3.0 million units in the capital stock of Millstream at a price of $0.10 per unit. Each unit is comprised of one (1) common voting share and one (1) common share purchase warrant with each warrant exercisable for two (2) years at a price of $0.15 per share. The above share issuance and any shares generated from the exercise of the attached warrants are subject to a hold period ending on Sept.12, 2004. The proceeds will be used for general working capital purposes and incurred expenses. 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

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