229 GR/TON..........VERY NICEMillstream Intersects 7.39 opt. Gold (229.83 g/t) in Exploration Drift at Tamarack Gold Property
Marketwire
Millstream Mines Ltd.
March 4, 2008 - 09:00:40 AM
Millstream Intersects 7.39 opt. Gold (229.83 g/t) in Exploration Drift at
Tamarack Gold Property
TORONTO, ONTARIO--(Marketwire - March 4, 2008) - Millstream Mines Ltd. (TSX
VENTURE:MLM)(FRANKFURT:NJD) is pleased to report that as a result of continued
exploration in its underground decline at its Tamarack Gold Property, a new
zone of gold mineralization has been discovered. The 10 ft. high by 10 ft.
wide drift exposed a gold bearing zone in which an enriched gold seam
measuring 10 feet across the mine face starting at 2 ft. wide (from highest to
lowest point) on the right wall and narrowing to 1.5 ft. wide on the left
wall. A CHANNEL SAMPLE TAKEN ACROSS THE 10 FT. WIDE FACE OF THIS ENRICHED SEAM
RETURNED ASSAYS OF 7.390 OPT. (ounces per ton) AU or 229.83 g/t (grams per
ton) GOLD, 0.66 opt. AG or 20.53 g/t SILVER. Furthermore, a panel sample of
this 10 ft. wide x 10 ft. high mine face, including the rich gold seam with
assays reported above, returned composite assays of 0.758 opt. Au or 23.57 g/t
Gold, 0.48 opt. Ag or 14.93 g/t Silver, and 0.713% Copper. This panel sample
was arrived at by cutting channels at one foot intervals along the mine face
from top to bottom.
The newly discovered zone was encountered 516 ft. (157.27 m) down the decline
and it was at this point that the above sampling was taken. Millstream has
continued to extend the decline for at least another 12 ft. and at last report
it was confirmed that the drift still remains in the heavily mineralized zone.
Sample preparation and analyses for this release were conducted by Norris Labs
of Norris, Montana on samples supplied by Millstream. Phil Brown, P.Geo.,
consultant of Millstream, is the Qualified Person as described in National
Instrument 43-101 for the Tamarack Gold Property. He has reviewed this report
and press release with company management.