Dear VMS followers,

Today's update from our summer drilling campaign has returned another intersection of interest on a brand new target area. This time gold.

We are encouraged by the nature and frequency of new mineral showings that have been discovered on our 100% owned properties.

This intersection is located in an area of the Snow Lake VMS belt which hosts several mineralized zones, including the Kof deposit (mentioned in the release below) and, therefore, meets one of the key criteria we use in the selection of our targets: multiple occurrences of VMS style mineralization within a localized area. VMS deposits tend to occur in clusters, often with many smaller occurrences around larger deposits.

The gold intersected in the announcement today, though hosted in a shear zone, is within one of these target rich environments and gold is a primary indicator metal for VMS deposits which typically contain copper, zinc, silver and gold.

The geo team is reviewing priorities in the area and new targets will be defined. 

Best regards,

John Roozendaal
President
VMS Ventures Inc.

VMS Ventures owns approximately 45% of North American Nickel

VMS VENTURES INTERSECTS 1.61 METRES GRADING 2.13 G/T GOLD IN HOLE CP-11-013 ON ITS COPPER PROJECT, NEAR SNOW LAKE, MANITOBA

 Vancouver, B.C., August 18, 2011 - VMS Ventures Inc. (VMS: TSX-V) (“VMS”) is pleased to update progress on its Copper project near Snow Lake.

Hole CP-11-013 intersected 1.61 metres grading 2.13 g/t gold on Versatile Time-Domain Electromagnetic (VTEM) target CE-86.  Gold mineralization is hosted in an altered shear zone with disseminated sulphides and quartz veins.  This target is located 2.5 kilometres northeast of the Kof zone that hosts an historical (non-compliant NI 43-101) resource of 257,000 tonnes grading 2.30% copper. 

Neil Richardson, VMS’ Chief Operating Officer states: “The gold mineralization on the Copper project is located 2.5 km northeast of the Kof zone and is the second significant discovery through drilling, on this project this year.  The geology from all of the drilling to date indicates favourable volcanic stratigraphy, so we will continue compiling and evaluating targets on the Copper project.”

Since the start of the 2011 winter drilling program, twelve Diamond drill holes have been completed on the Copper project for a total of 4,665 metres, outlining two areas for additional follow-up work.  This recent discovery along with an anomalous zinc zone, announced on April 27, 2011, indicates that this project is in favourable arc-type volcanic stratigraphy, the typical host rocks to VMS deposits in the belt.

The Copper project is the one of the Company’s largest continuous 100% owned land package, covering an area of approximately 200 square kilometres (80 sq miles), and its northern boundary is located 30 km south of the town of Snow Lake. Additional targeting and compilation work is on-going. CLICK HERE TO READ MORE