Millstream Mines Ltd.
TSX VENTURE : MLM
FRANKFURT : NJD

Millstream Mines Ltd.

April 17, 2007 12:36 ET

Millstream Intersects 5.03% Copper and 14.18% Zinc Within a 10.13 Metre Massive Sulphide Core Interval

TORONTO, ONTARIO--(CCNMatthews - April 17, 2007) - Millstream Mines Ltd. (TSX
VENTURE:MLM)(FRANKFURT:NJD) is pleased to report that it has received back significant assay results from its 5th diamond drill hole, S-07-04, at its Potter VMS Property's 2006-07 exploration program. The results from the first two (2) intersected separate massive sulphide (MASU) mineralized zones (see PR Mar. 27, '07) are as tabulated below:



Hole No. From To Core Length Cu Zn Co Ag
(metres) (metres) (%) (%) (%) (oz/T)
S-07-04
1st. Interval 628.20 637.35 9.15 1.50 1.44 0.059 0.49

Including 632.00 637.35 5.35 2.07 2.43 0.073 0.67

2nd. Interval 674.45 684.60 10.15 2.65 2.89 0.099 0.69

Including 674.45 683.60 9.15 2.93 3.20 0.109 0.76
Including 674.45 675.00 0.55 0.37 14.18 0.038 0.32
Including 675.00 675.50 0.50 5.03 1.47 0.058 1.21
GOLD ASSAYS NOT INCLUDED; ALL ASSAYS OBTAINED FROM SWASTIKA LABS, ONTARIO



The newly discovered north zone, is located within a 39.4 metre mineralized core interval extending down hole from 714.6 m to 754.0 m. Millstream management and company consultants are reviewing this important new north zone, with the aim of reporting on its results and significance in the near future.

The location of diamond drill hole S-07-04 is approximately 1 metre behind drill hole S-98-05, but dipping at a steeper angle and was targeted to test the area below and west along strike of the intersections of S-98-05. Taken from a Press Release dated July 17, 1998, the following outlines the historic returns from S98-05:



Hole No. From To Core Length Cu Zn Co Ag
(metres) (metres) (%) (%) (%) (oz/T)
S-98-05
1st. Interval 420.12 423.75 3.63 2.69 0.29 0.079 0.49

2nd. Interval 507.40 519.70 12.3 1.53 2.05 0.131 0.42

Including 513.0 519.70 6.70 2.14 2.47 0.174 0.58
Including 515.0 519.70 4.70 2.54 3.38 0.168 0.70
Including 516.0 519.70 3.70 2.75 3.74 0.165 0.73
GOLD ASSAYS NOT INCLUDED; ALL ASSAYS OBTAINED FROM SWASTIKA LABS, ONTARIO


Millstream continues drilling to further explore this potentially rich volcanogenic massive sulphide (VMS) type deposit at its Potter property. The Potter Property is host to a copper-zinc-cobalt deposit located in the highly prolific Abitibi Greenstone Belt in the Kidd-Munro Assemblage near the town of Matheson in north eastern Ontario, Canada.

Highlights From Other Recent Drilling Activity
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Hole No. From To Core Length Cu Zn Co Ag
(metres) (metres) (%) (%) (%) (oz/T)
S-07-02
1st. Interval 478.05 485.5 7.45 3.34 2.34 0.092 1.02

Including 478.05 483.05 5.00 4.82 3.43 0.191 1.46
478.05 478.75 0.70 15.10 2.54 0.165 4.61
479.60 480.0 0.40 1.15 14.70 0.047 0.71

2nd. Interval 503.20 505.5 2.30 1.18 0.91 0.046 0.38

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 1.45 3.29 0.054 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
GOLD ASSAYS NOT INCLUDED; ALL ASSAYS OBTAINED FROM SWASTIKA LABS, ONTARIO


Management has reviewed this report and press release with the company's consultant Edward Bettiol, P. Eng, and David Gamble, P. Geo, both being designated qualified persons 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.

Millstream seeks safe harbour with regards to forward looking statements.

50,751,040 SHARES ISSUED

Apr. 16, '07 Close: $0.405

No regulatory authority or similar body approved nor disapproved the information contained herein.

Contact Information

  • Millstream Mines Ltd.
    Mr. Ernest Harrison, EM
    CEO
    (705) 474-7282
    (705) 474-5491 (FAX)
    or
    Millstream Mines Ltd.
    Mr. Marty Martinello, B.A.
    V.P.
    (705) 474-7282
    (705) 474-5491 (FAX)
    or
    Millstream Mines Ltd.
    Mr. Robert Chase, B.A.
    CFO
    (416) 368-9595
    (416) 368-6827 (FAX)
    Email: info@millstreammines.com
    Website: www.millstreammines.com