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Gold/Mining/Energy : Millstream Mines (MLSM)

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To: Brumell who wrote (101)6/8/1999 3:58:00 PM
From: Morag  Read Replies (3) of 664
 
Spoke with IR this afternoon, the story I got is this
1. They expect to begin drilling this week.
2. President currently in Vancouver finalizing the letter of intent (to be done in 3 parts) - Ltd. Partnership - once this is done $ will be released & drills will begin turning
3. At site now are involved in preliminary work - namely airborne geophysics
4. If all goes well should have some results by the end of June
5. Not sure of what the release strategy for the results will be - either as they come in or report 3 at a time
6. 1st drill will be a wedge @ 3000' to previous drill site meeting 2,000" previous drill to verify continuity of previous results expects this will be positive
7. 2nd drill will be 1000'- 2000'
8. 3rd is new drill site to check out "anomolies - probably the most exciting part.

Also asked re warrant expiration - not able to provide fexact details but thought it was the end of May - I think so too - I had expected a pop just around that period after the AGM. I will check my records - but it should be in the annual report - have pulled previous press releases and will check further.

Hope this info is of use to confirming and adding to previous DD
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