Millstream Mines Closes a Private Loan

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Mon, Feb 8, 2010
Zinc Company News
Post by Melissa Pistilli, Zinc Senior Reporter

Millstream Mines Ltd. (TSX VENTURE:MLM)(FRANKFURT:NJD) reported that the company has negotiated a C$170,000 third party unsecured private demand loan bearing 6% annual interest, compounded monthly.

The press release is quoted as saying:

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

Click here to access the entire press release

Click here to access Millstream Mines Corporate Site

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