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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.
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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. |