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Gold/Mining/Energy : Millstream Mines (MLSM)

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To: RICK who wrote (603)2/1/2000 11:57:00 AM
From: RICK  Read Replies (1) of 664
 
THANKS TO CHERRIO FROM SH

ARTICLE FROM NORTHERN DAILY NEWS

Northern Daily News
Kirkland Lake
By Rick Owen
Jan. 21, 2000

Potential Grows
Millstream Encouraged By Results On Potter Property

KIRKLAND LAKE - Millstream Mines Ltd. continues to increase the potential of its Potter Mine property. Recent drilling on the former producing base metal property are described by company officials as being "extremely encouraging." Ernest
Harrison, president of Millstream said the part of the property they are drilling now is relatively unexplored. While geophysics has been done in the area, there has been no previous drilling. He said the current drilling is aimed at increasing the mineral potential on the property, which is located east of Matheson and north of Highway 101. Mr. Harrison said areas to the north, east, south and extreme west of the property have signatures very similar to past producing sections of the property.

The last three holes, Mr. Harrison said, tell the company that the conditions are all there and there is the proper type of mineralization. Selected sections from the last three drill holes are being sent for assays. These will tell the company what the concentration of the mineralization is. Mr. Harrison indicated that more drilling is needed on the property. Currently
there is one drill working on the base metal property.

In the last round of drilling, Hole S99-07 was drilled from the south and Hole S97-07 (extension) was drilled from the north. Both holes were drilled on grid line 5"25W, and crossed each other at 430 vertical metres below surface. The
weak sulphide disseminated and fracture style mineralization was intersected in each hole at various depths establishing a continuous zone. the discovered zone containing remobilized sulphide mineralization averages 220 metres wide down to
710 vertical metres below surface and remains open at depth. Hole S99-06 was targeted to test Quantec's geophysical Real Section I.P. strong anomalous zone centred on the grid line 4"40W at a vertical depth 700 to 900 metres below
surface. This hole was stopped at 642.5 metres due to overall deterioration of ground conditions. The target is now planned to be tested from a south drill setup. The hole intersected favourable volcanic stratigraphy with traces to weak
disseminated sulphide and fracture system mineralization appearing between 529 to 534 metres. Hole S99-07 was targeted to test Quantec's Real Section I.P. anomalous zone centered on grid line 5"25W at a vertical depth of 500 to
600 metres below surface and underneath currently drill hole S97-07. The hole was drilled 1018.7 metres and intersected 677 metres of weak intermittant sulphide disseminated and fracture style mineralization from 240 metres to 917 metres
downhole.

RICK
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