Dear VMS Ventures followers,   Today, we have released the results of our second drill hole at our Reed Lake project in Snow Lake, Manitoba. The full release is below.   We are, of course, very exited. I would personally like to congratulate John Roozendaal and Dr. George Gale. To discover mineralization on our first drill program on our first (of several) VMS properties is remarkable. It really is the stuff geologists dream of when they set out on their very challenging scientific journey.   The market will have a great say in what these results are worth, today, and in the coming days and weeks, but we are moving quickly to get more drill holes in the ground around our discovery.   And, I want you to know that we are laying the groundwork for many more drill programs in Manitoba that will also take advantage of the remarkable precision provided by the new VTEM airborne technology, our outstanding geochemical expertise and VMS' large, well positioned property package.   Thank you for your patience regarding this release. Keith and I arrived back from Snow Lake last night and we all have spent all morning on final edits.   As always, please stay in touch,   Best regards,   Rick Mark, CEO, VMS Ventures Inc. 10.50 METRES of 11.19% COPPER WITHIN 43.05 METRES OF 4.38% COPPER IN DRILL HOLE 2, AT VMS VENTURES REED LAKE PROPERTY, SNOW LAKE, MANITOBA Vancouver, B.C. October 4, 2007. VMS Ventures Inc. (TSX.V: VMS) (the "Company") is pleased to announce assay results (weighted average) from drill hole RD 07-02 on its new discovery on its Reed Lake project, near Snow Lake, Manitoba.   HIGHLIGHTS   HIGH-GRADE COPPER-RICH INTERVALS:   �         2.50 METRES (8.2 FEET) OF 15.30% COPPER within  �         10.50 METRES (34.4 FEET) OF 11.19% COPPER within �         22.25 METRES (72.9 FEET) OF 7.75% COPPER within �         43.05 METRES (141.2 FEET) OF 4.38% COPPER   Vice-President of Exploration, Dr. George Gale, states "Obviously we are encouraged by the copper grades in this drill hole, but I think it is also important to note we have results for gold, silver and zinc that are consistent with the historic and producing VMS mines in the Flin Flon - Snow Lake Belt."   Drill Hole Zone From (metres) To (metres) Interval (metres) Cu % Zn % Au g/t Ag g/t RD 07-02   197.75 240.8 43.05* 4.38 1.56 0.85 13.09 including Cu/Au/Ag 207.25 229.50 22.25* 7.75 0.83 1.40 22.79 including Cu/Au/Ag 219.00 229.50 10.50* 11.19 1.39 1.62 29.26 including Cu/Au/Ag 222.50 225.00 2.50* 15.30 1.26 1.97 37.99 including  Zn 229.50 240.80 11.30* 0.51 4.25 0.26 2.69 and   247.25 251.60 4.35* 0.93 1.54 0.05 3.81 * True width will not be determinable until further drill holes are completed. (For the purposes of converting the interval lengths to imperial measurements note that one-metre is equal to 3.28 feet. The mineralized zone of 43.05 metres is equal to 141.24 feet in length.)   RD 07-02 was drilled to a total depth of 270 metres. This mineral discovery is within an 800 metre long southwest-trending VTEM anomaly. The VTEM anomaly is on the Company's Mineral Exploration License (MEL) #268A and the Company's optioned  HudBay Minerals property (TSX: HBM).  The location and extent of the geophysical VTEM conductor, as well as the property locations, can be viewed on the Company's website at http://www.vmsventures.com/image018.asp. Pictures of drill core can also be viewed on the Company's website at http://www.vmsventures.com/RLP_Sept2007.asp   VMS Ventures is planning for the arrival of a drill rig this month to commence a second phase of drilling on its discovery zone and other weather accessible targets on the property. Drill permitting for a larger winter program to investigate targets inaccessible prior to freeze-up will follow.   The Company is analyzing VTEM results to develop similar drill targets at its Copper and Sails Lake VMS properties. In addition, geological mapping and sampling continue on its Puella Bay copper-zinc property. The company plans to utilize the VTEM technology to fly all its southern VMS and Nickel properties before the end of 2007.   The Reed Lake volcanogenic massive sulphide (VMS) mineralized zone is overlain by distinctive layers of magnetite and chert. The rocks that underlie and contain the sulphide are moderately to intensely altered felsic volcanic rocks. The Reed Lake mineralization is typical of other VMS deposits including those in the prolific Snow Lake camp and the nearby Spruce Point mine, formerly operated by HudBay Minerals.   All technical information in this release has been reviewed by Dr. George Gale, P.Eng, the Qualified Person, Vice President of Exploration and director of VMS Ventures Inc. All samples have been prepared and analyzed at TSL Laboratories in Saskatoon, Saskatchewan using ICP-MS, and Fire Assay analytical methods. VMS Ventures Inc. is focused primarily on acquiring, exploring and developing copper-zinc properties in the Flin Flon-Snow Lake VMS Belt. The Company also holds the largest land package considered prospective for nickel-copper mineralization at Lynn Lake, which is to date Canada's third largest nickel producing camp. The Company's project portfolio consists of the Snow Lake VMS project, the Lynn Lake Gabbros nickel-copper project, the Nickel Belt project, the South Bay nickel-copper-cobalt PGE property, and the Eden Lake Carbonatite Complex, Specialty Metals property. All VMS Ventures Inc. properties are located in the mining friendly province of Manitoba, Canada. ON BEHALF OF THE BOARD OF DIRECTORS   John Roozendaal B.Sc. President & Director For further information contact:   Keith Patey, Director of Communications Telephone: (604) 986-2020 Toll Free: 1-866-816-0118 Or visit the website at www.vmsventures.com Coal Harbor Communications Steve Kubota Telephone: (604) 662-3237 Toll Free: 1-866-405-3955       For further information, Phone (604) 986-2020 or Toll Free 866 816 0118  or visit our website www.vmsventures.com The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

 

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