Dear VMS Ventures followers,
I’m pleased to pass along our monthly update on the Reed Copper project. As you will see, it is on time and on budget, so production is ever closer, which is good news, indeed. The release is below.
And, we have updated our website and invite you to visit our new site at www.vmsventures.com . We encourage your feedback as you are the very best audience to assist us in making it effective and helpful. Jaclyn will collect all your thoughts via e-mail to info@vmsventures.com . The home page screen shot is below.
Best regards,
Rick Mark
CEO
VMS Ventures Inc.
VMS owns 27.5% of NAN
VMS VENTURES UPDATES PROGRESS AT THE REED COPPER PROJECT
Vancouver, B.C., July 24, 2013 VMS Ventures Inc. (TSX-V:VMS) (“VMS Ventures” or the “Company”) is updating shareholders on progress made during the month of June at the Reed Copper Project, near Flin Flon Manitoba. VMS Ventures owns 30% of the project and is carried to production. Hudbay Minerals Inc. (TSX:HBM)(NYSE:HBM) ("Hudbay") owns 70% and is the Operator.
Highlights at the Reed Copper Project Include:
- Ramp development advanced a further 142m taking the total development to 819m for the project to date.
- Escape and ventilation raises from surface and camp expansion were completed.
- Construction of diesel fuel and surface oil containment areas was completed.
- Project remains on schedule and is forecast to be completed on budget by the end of March 2014.
COO Neil Richardson states: “While the rate of ramp development slowed in March due to difficult ground conditions, advancement has since returned to the planned rate and the project remains on time and on budget. We remain impressed with our partner Hudbay Minerals and its ability to keep the project on schedule while maintaining a strong safety record with 473 days without a lost time accident to date on the project.” CLICK HERE TO READ MORE
VMS VENTURES NEW WEBSITE HOME PAGE
Click Here for a complete listing of VMS2013 press releases.
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VMS Ventures Inc.
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EXPLORATION STAGE |
CODE : VMS.V |
ISIN : CA91828R1091 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
VMS Ventures is a zinc and gold exploration company based in Canada. VMS Ventures holds various exploration projects in Canada. Its main exploration properties are REED LAKE, LYNN LAKE GABBROS, PUELLA BAY and COVER in Canada. VMS Ventures is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 13.9 millions as of today (US$ 11.1 millions, € 9.7 millions). Its stock quote reached its highest recent level on December 31, 2007 at CA$ 1.76, and its lowest recent point on January 22, 2016 at CA$ 0.05. VMS Ventures has 146 480 000 shares outstanding. |