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Gold/Mining/Energy : Millstream Mines (MLSM) -- Ignore unavailable to you. Want to Upgrade?


To: Just G who wrote (143)7/7/1999 5:02:00 PM
From: Brumell  Read Replies (1) | Respond to of 664
 
If anyone questioned your earlier sightings, they can now relax. Two drills in action and the third to test new anomalies already on site and soon to get underway.
___________________________________________________________________

Millstream's second rig starts drilling at Potter mine
Millstream Mines Ltd MLSM
Shares issued 29,248,543 1999-07-06 close $0.44
Wednesday Jul 7 1999

Mr. Ernest Harrison reports
Millstream Mines has started its second diamond drill on the 24,000 metre 1999 drilling plan, which is part of phase 1 ($4-million) of three proposed exploration phases ($19-million) to enhance and realize the full potential of its Potter mine property. Phase 1 is expected to be completed by year-end.
Both drill rigs are concentrating on testing and expanding the downward continuity of the copper-zinc-cobalt massive sulphide (Cu-Zn-Co MASU) below the past mine workings. The concept is to place deflection wedges at specific downhole depths in existing drilled holes (referred to as master holes) and drill holes off (referred to as branches) to intersect targets to the right, left, below and above the master hole.
The first drill is presently drilling its second branch hole off designated master hole S99-01 to define and expand the mineralization Cu-Zn-Co MASU at the 3,000 foot vertical depth from surface.
The second drill is currently drilling its first branch hole off designated master hole S98-06 to define and expand the mineralized Cu-Zn-Co MASU at the 2,300 foot vertical depth from surface.
The third drill is on the property, scheduled to start by July 20, to test target areas outside of the past mine area.
Management is very excited with the participation, guidance and input of the Hunter Dickinson group which insures the property has the best available team to discover and establish its real value.

(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com