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Gold/Mining/Energy : Millstream Mines (MLSM)

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To: Just G who wrote (560)12/21/1999 3:47:00 PM
From: Just G  Read Replies (1) of 664
 
Here is the latest news everyone.

Canadian Dealing Network Millstream Mines Ltd.
Symbol - MLSM 44 Victoria St. Suite 2001 Toronto, Ontario
Tel: (416) 368-9595
29,608,043 shares issued Fax: (416) 368-0584
FOR IMMEDIATE RELEASE Date: Dec. 21, 1999

NEWS RELEASE

TECK CORPORATION AND MILLSTREAM MINES LTD. SIGN
LETTER AGREEMENT ON POTTER MINE PROPERTY

Ernest W. Harrison, President, Millstream Mines Ltd. is pleased to announce
a Letter Agreement has been signed with Teck Corporation, with the
intentions to further advance Millstream's Potter Property, located in
Munro Township, Timmins-Matheson area, Ontario, Canada.

The Agreement grants Teck Corporation a First-Right of Refusal to purchase,
in whole or in part, the Potter Property, and is subject to Teck satisfying
itself of all underlining agreements pertaining to the Potter Property.

Teck Corporation will supply field assistance, reviews, recommendations,
guidance and written comments on technical reports, if appropriate, at no
charge to Millstream. Additionally, if requested, Teck shall provide
Millstream with verbal advice and comment in sourcing and securing funding
to continue active exploration programs towards developing and expanding
the potential of the Potter Property.

Millstream's principles and management are very pleased with this
relationship and both Teck Corporation and Millstream look forward to a
program of mutual benefit on the Potter Property.

Millstream accordingly, has notified and discussed the above matter with
the Hunter Dickinson Group of Vancouver.

The principal objective of Millstream Mines Ltd. is to enhance and develop
known mineral properties to production potential.

-30-

For further information contact:

Mr. Ernest Harrison, EM Phone: 705-474-7282
Mr. Marty Martinello, B.A. Fax: 705-474-5491

Or
Mr. Peter Brodie Brown Phone: 416-368-9595
Mr. Robert Chase, B.A. Fax: 416-368-0584
Email: mlsm@passport.ca
Website: www.millstreammines.com

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