Millstream Intersects 10.87% Copper and 17.67% Zinc Within a 27.25 Meter (89.4 ft.) Massive Sulphide Core Interval
Wednesday February 14, 4:30 pm ET
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TORONTO, ONTARIO--(CCNMatthews - Feb. 14, 2007) - Millstream's (TSX VENTURE:MLM - News) diamond drill Hole S-07-01 has intersected additional rich copper and zinc zones within the thick hyaloclastite (HC) horizon. The new intersections extend the massive sulphide (MASU) zones on strike, in depth and correlate with previously reported drill hole intersections. Highlights of Hole S-07-01 along with earlier reported Hole S-06-01 (PR Jan 29, 2007) are tabulated below:
Hole No. From To Core Length Cu Zn Co Ag
(metres) (metres) (%) (%) (%) (oz/T)
S-07-01
1st. Interval 477.75 505.0 27.25 1.68 2.39 0.011 0.73
including 486.15 505.0 18.85 2.40 3.28 0.039 1.02
495.80 505.0 9.20 3.68 5.03 0.052 1.51
495.80 502.3 6.50 3.70 6.13 0.050 1.46
2nd. Interval 527.60 530.1 2.50 0.98 3.29 0.020 0.36
S-06-01
1st. Interval passed through open mined stope, hit a section of the its
sill (floor)
388.00 389.2 1.20 4.67 2.41 0.149 0.87
2nd. Interval 439.90 466.1 26.20 1.57 1.22 0.047 0.47
including 448.65 466.1 17.45 2.09 1.64 0.049 0.57
453.50 466.1 12.60 2.26 1.94 0.046 0.61
459.80 466.1 6.30 2.57 3.07 0.053 0.66
The dip of the current Hole S-07-01 was increased by 5.4 degrees from Hole S-06-01 and targeted to test the areas below the intercepts identified in Hole S-06-01 (PR Jan 15, 2007). The location of Hole S-07-01 is approximately 1 metre behind Hole S-06-01 on the same azimuth of 355.5 but with a dip of -65.4 degrees.
Assays reported high values of copper and zinc with the highest being Cu 10.87% and Zn 17.67% over 0.5 metre intervals respectively. Millstream continues drilling (a third hole is now well underway) to further explore this potentially rich volcanogenic massive sulphide (VMS) type deposit at its Potter property. The Potter Property is located in the highly prolific Abitibi Greenstone Belt in the Kidd-Munro Assemblage near the town of Matheson in north eastern Ontario, Canada.
All samples were sent for assay to Swastika Laboratories Ltd. of Ontario, Canada.
Management has reviewed this report and press release with the company's consultant Edward Bettiol, P. Eng, who is the designated qualified person for the property per NI 43-101.
The principle objective of Millstream Mines Ltd. is to enhance and develop known mineral properties to production potential.
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Feb. 14, '07 Close: $0.29
No regulatory authority or similar body approved nor disapproved the information contained herein.
Contact:
Mr. Ernest Harrison, EM
Millstream Mines Ltd.
CEO
(705) 474-7282
(705) 474-5491 (FAX)
Mr. Marty Martinello, B.A.
Millstream Mines Ltd.
V.P.
(705) 474-7282
(705) 474-5491 (FAX)
Mr. Robert Chase, B.A.
Millstream Mines Ltd.
CFO
(416) 368-9595
(416) 368-6827 (FAX)
Email: info@millstreammines.com
Website: www.millstreammines.com
Source: Millstream Mines Ltd. |
