78,741,701 SHARES ISSUED
Toronto, ON / February 27, 2014 / ACCESSWIRE / Millstream Mines Ltd. (MLM TSX-V & NJD Frankfurt) is pleased to announce and welcome Fred Sharpley P.Geo. to the Board of Directors subject to approval by the TSX Venture Exchange.
Fred brings with him 50 years of experience as a professional Geologist. Over his extensive career, Fred Sharpley has been involved in the exploration of gold, silver, base metals and uranium all over the world.
Fred has an impressive history of activity in the mining industry starting his career in exploration by serving with Keevil Mining Group (now Teck Corp) for 9 years. He then went on to become the Mine Geologist for the Temagami Mining Company. Subsequently, Fred spent 40 years in the industry as an independent Consultant assisting various Senior and Junior mining companies including: Detour Gold Corp, Lacana, & Premier Gold. Currently, he remains Vice President of Exploration for RJK Explorations Ltd,.
“We are excited to have a Geologist of Fred Sharpley’s caliber and experience working with us and look forward, with his help, to moving our company goals forward this year”, said Ernest Harrison, Chairman & CEO of Millstream Mines Ltd. “Fred’s contribution will greatly assist us in our efforts to proceed with a planned extended drilling program for the Potter Mine Property”.
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 projects in the Province of Ontario, Canada and in the State of Montana, USA. The past producing Potter Mine Property is host to copper-zinc-cobalt “stacked” mineralized zones located in the highly prolific Abitibi Greenstone Belt and more specifically in the Kidd-Munro Assemblage near the town of Matheson in north eastern Ontario. A published initial NI 43-101 compliant resource estimate on the Potter revealed an indicated resource of 3,028,767 tonnes at 1.45% copper, 1.19% zinc, 389.7 ppm cobalt, 11.1 ppm silver, and 127.5 ppb gold along with an inferred resource of 2,071,101 tonnes at 1.08 % copper, 1.05 % zinc, 301.4 ppm cobalt, 8.7 ppm silver, and 81.7 ppb gold. The Tamarack Gold Property, a high grade former gold producer in the Tobacco Root Mountains of south western Montana, is in an advanced stage of underground exploration and development operating under the Small Mines Exclusion Act of the State of Montana.
Further information about these properties and the company is available on our website: www.millstreammines.com.
For further information contact:
Mr. Ernest Harrison, EM, Chairman and CEO
Mr. Marty Martinello, B.A., Executive V.P.
Mr. Robert Chase, CFA, President and CFO
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Millstream seeks safe harbour with regard to forward looking statements.