Dear VMS followers, 

Today’s release regarding our 100% owned property drilling, starting with Cowan River, represents the start of our third drilling front in 2012. HudBay is drilling on, and around, Reed in our JV property area and they are also drilling at Reed North, as part of our option property agreements. As you can see by the image in the release, all three areas are close geographically and, we believe, related geologically.

Each of these three areas has yielded impressive high grade copper intersections. The Reed deposit is the first discovery made here and is slated for production next year.  We are looking forward to this round of drill testing on these advanced and very prospective targets.

We will also be drilling our Morton Lake, Puella Bay and McClarty projects in the coming weeks and months.. Neil Richardson will be updating you on specific targets as the drill moves to each project area.

Best regards,

Rick Mark
CEO
VMS Ventures Inc.

VMS owns ~45% of North American Nickel

VMS VENTURES COMMENCES DRILL PROGRAM ON ITS 100% OWNED COWAN RIVER PROJECT NEAR SNOW LAKE, MANITOBA

Vancouver, B.C., February 22, 2012 - VMS Ventures Inc. (VMS: TSX-V) (“VMS”) is pleased to announce that drilling is about to commence on its 100% owned projects near Snow Lake.  The projects selected for drilling this year are Cowan River, Morton Lake, Puella Bay and McClarty.  Westcore Drilling of Salmo, B.C. has been awarded the contract.

The first drill program, which starts later this week, will be on the Cowan River project. It will test surface time-domain electromagnetic (TDEM) anomalies from our recently completed survey and a new target at the already defined Cowan River zone.  The TDEM survey outlined two conductive bodies associated with VTEM anomalies on the southern portion of the grid. Two Diamond drill holes are planned to test these targets.

One drill hole is planned for the Cowan River zone, testing a bore hole (BHPEM) anomaly below the  high grade copper discovery made in 2011 featuring 9.81% copper over 1.37 m within 6.59 m of 2.25% copper in hole RE-11-001 (see news release dated April 13, 2011). The intersection is in similar formations to those that host the Reed Copper deposit and the Reed North zone, located ~8 km to the west.  All three Cowan River targets occur in a favourable volcanic sequence between the Reed Copper deposit and the past producing Spruce Point Cu-Zn deposit. CLICK HERE TO READ MORE