Millstream's first Deeper drill hole Potter Mine property
Shares issued 27,156,876 1999-03-17 close $0.5
Thursday Mar 18 1999
Mr. Ernest Harrison reports
At the request of the Canadian Dealing Network for comments on the recent market activity of its shares, Millstream releases the following:
Millstream's Deeper drill hole S99-01A was targeted to test the downward continuity of the Cu-Zn-Co sulphide mineralized mine horizon; 1,000 feet below the previous ore intersected in hole S98-01.
Hole S98-01 - ore interval vertical depth 605 metres (1,986 feet) from surface. Core length - 7.75 metres (25.4 feet) assayed: 5.34 per cent Cu, 3.24 per cent Zn, .067 per cent Co.
A preliminary report of hole S99-01A from the company's consultant geologist shows the targeted mine sequence was intersected for 62 metres (203 feet) downhole from 1,131 metres (3,711 feet) to 1,193 metres (3,914 feet) containing several intervals of massive Cu-Zn-Co sulphides from one metre (3.3 feet) to three metres (9.8 feet) in core length. Detailed core logging is currently being done with core to be split and sent for assay as quickly as possible.
The 62-metre (203 feet) intersection demonstrates the mine sequence is continuing, and not diminishing, at depth. The massive sulphide intervals are approximately 914 metres (3,000 feet) vertically below surface and 579 metres (1,900 feet) below the past mine bottom working level.
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