Millstream Mines Ltd.: 1st Deep Drill Hole Started In East Blue Sky Area
TORONTO, ONTARIO--
POTTER MINE PROPERTY, TIMMINS-MATHESON AREA N. ONT.
Millstream Mines Ltd. announces the start of DEEP DRILLING to test
the geophysical anomaly located EAST of the mine shaft, as
indicated by Quantec's Real-Section I.P. surveys. Hole S99-06 will
be drilled at 4+50w, 0+00s, Az 170, dip -60. This and further
holes will test the East Blue Sky targets located between grid
lines 13+50w to 4+50w.
As previously reported (PR September 28/99) the geophysical
signatures of the targets to be tested are similar to those of the
massive sulphide (MASU) Copper-Zinc-Cobalt mineralization in the
past mine area. A successful intersection of MASU mineralization
in the Eastern Blue Sky targets will have a tremendous impact on
the Property's resource potential.
The company recently deepened its previously shallow drilled
(March 1997) hole S97-07 (5+25w, 3+25s, Az 175, dip-50) from 401
meters downhole to 707.5 meters to gain further geological data.
The hole intersected 255 meters of weak sulphide mineralization
from 320 meters downhole to 575 meters. A plotting of the vertical
cross section of the hole (looking west) shows the hole over-shot
the now identified geophysic target and the post mineralized
intrusive gabbro contact was not reached.
Ernest Harrison, President of Millstream, said "The information
gathered is significant in confirming the presence of the
favourable geological horizons being stratigraphically thicker
than anticipated and the gabbro contact is south to southwest
dipping or a cap-like intrusive that may be controlled by shallow
fault structures."
Millstream's consultant geologist, David Gamble, reported from his
detail logging of the drill core significant weak sulphide
mineralization in the form of Pyrrhotite + Chalcopyrite (Po+Cpy)
lined fractures starting at 320 meters downhole and extending
intermittently to 575 meters. This style of remobilized sulphide
mineralization is centered 300 meters above a well defined
geophysic Real-Section I.P. anomalous zone which extends eastward,
expanding and open to depth.
David Gamble summarized the new findings as "the geological
significance of the coincidental geophysic Real-Section I.P.
response lying below the drilled sulphide Po+Cpy fracture style
mineralization in hole S97-07(ext) may represent structural
remobilized leakage from a potential sulphide source at depth. In
addition, the expansion of volcanic stratigraphy with depth as a
result of the shallow south to southwest apparent dip of the
gabbro has effectively allowed for the substantial increase of the
section of prime tholeiitic stratigraphy in this area. The end
result is a marked expansion of the volcanic tholeiitic
stratigraphy in the 5+25w area of the Property that is well
preserved, shows good signs of mineralization, and expands with
depth. It is recommended that drill testing of this area/zone be
carried out."
Millstream, further wishes to announce and remind the interested
public of its web site 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 PLEASE CONTACT:
Mr. Ernest Harrison, EM
Mr. Marty Martinello, B.A.
705-474-7282
705-474-5491 (FAX)
or
Mr. Peter H. Brodie Brown
Mr. Robert Chase, B.A.
416-368-9595
416-368-0584 (FAX)
Email: mlsm@passport.ca
Website: www.millstreammines.com |
