Millstream Mines Ltd.
TSX VENTURE : MLM
FRANKFURT : NJD

Millstream Mines Ltd.

November 12, 2007 10:00 ET

Millstream Provides Current Exploration Status of its Airport East Property

TORONTO, ONTARIO--(Marketwire - Nov. 12, 2007) - Millstream Mines Ltd. (TSX VENTURE:MLM)(FRANKFURT:NJD) is pleased to report that it has drilled five (5) diamond drill holes in the vicinity of a gravity anomaly indicated by a deep penetrating geophysical I.P. survey conducted in 2003. A downhole geophysical E.M. survey will be conducted in the drill holes for the purpose of further defining and determining the orientation of the indicated anomaly.

Further to the east, in the vicinity of strong conductors previously detected by an airborne geophysical E.M. survey completed in the late 1980's, a surface control grid has been established (see PR May 30/07). A deep penetrating geophysical I.P. survey will be conducted over this grid to ground proof (locate) the strong conductors and subsequent follow-up diamond drilling will ensue to test the defined targets.

The Airport East Property is located in the Falconbridge and Street Townships, Sudbury Mining District, Northern Ontario, Canada. It consists of 127 mining claim units which abut the east boundary of the Company's Airport Property. Millstream retains a 100% undivided interest in the Airport East Property. For clarification, the Airport Property is located in the Sudbury Mining District, Ontario, Canada, just outside the east rim of the Sudbury Basin on the southeast horn of the Basin; and 1.2 km east of the past producer of recently acquired Falconbridge Ltd., the Norduna Mine, and 4 Km southeast of Xstrata's Nickel Rim South Mine (13.2 million tonnes of 3.5% Cu, 1.7% Ni, 0.8 g/t Au, 4.1 g/t PGM) which is also located near to a past producer, in this case the Nickel Rim Mine.

Mr. Phil Brown, P.Geo., a geological consultant to Millstream, is the Qualified Person as described in National Instrument 43-101 for the Airport East Project. He has reviewed this report and press release with company management.

About Millstream Mines Ltd.:

Millstream Mines Ltd. is a Canadian-based mineral exploration company whose principle objective is to enhance and develop known mineral properties to production potential. The Company has active projects in the Province of Ontario, Canada and in the State of Montana, USA. The company's main focus continues to be the 100% owned Potter Mine Property. It is the company's ambition to fulfill drilling requirements necessary to estimate a NI 43-101 compliant resource.

Millstream seeks safe harbour with regard to forward looking statements.

60,697,540 SHARES ISSUED

Nov. 9, '07 Close: $0.265

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information