MLM Millstream Mines Ltd. (delisted)

Millstream Mines Ltd. (TSX VENTURE:MLM)(FRANKFURT:NJD) reports that on its
Tamarack Gold property, an outlined surface area, as exposed over 1,000 feet
long, up to 500 feet wide, and thickness ranging from 30 to 100 feet or more
with possible average grade of 0.10 to 0.15+ gold ounces per ton (opt) has been
revealed through an evaluation by consulting firm Whitney & Whitney Inc., a
management, engineering and geological service provider to the mineral resource
industry.


Whitney & Whitney Inc. (W&W), prepared a report in 1985 (pre-NI 43-101) for an
investor seeking a property having significant potential for relatively rapid
development to the production stage. The report entitled, "Evaluation of the
Tamarack Mine" defined the above dimensioned area as a transition zone between
the limestone and the mafic gneiss. The report states, "potential exists within
the transition zone for an open pit mine exceeding 1,000,000 tons. An average
grade of 0.10 to 0.15+ gold opt. is possible". W&W's sampling program
incorporating 134 underground samples from levels 100, 400, & 500 along with 226
surface samples were analyzed for gold and silver using conventional fire assay
techniques by Blue Range Engineering in Butte, Montana. In this transition zone
gold assays from the surface rocks of up to 0.6 opt were reported.


Based on 12 cubic feet of material equivalent to a ton and the above transition
area configurations, the potential volume of material can range from 1,000,000
up to 4,000,000+ tons containing possible gold ounces of up to 600,000+.
(Caution: The potential quantity and grade is conceptual in nature. Also, there
has been insufficient exploration to define a Mineral Resource and it is
uncertain if future exploration will result in discovery of a Mineral Resource.)


Upon securing sufficient funding Millstream plans to carry out the requisite
investigation, drilling and sampling needed to bring the report in compliance
with existing NI 43-101 technical resource guidelines. A current Mineral
Resource with the above suggested tonnage could lead to a feasibility study.
(Caution: The mineralized material tonnage calculation relies upon information
of an historical nature and cannot be confirmed by the company for certainty. It
remains unverified by Millstream's qualified person, and therefore, this
estimate should not be relied upon.)


The Tamarack Gold property is accessible year round, 4 miles from the town of
Sheridan, on a well maintained gravel road.


Ronald Blais, P.Eng, 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.


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. An 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.


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Aug. 20, 2010 Close: $0.03

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