VMS Ventures Inc.

Published : March 22nd, 2011

s Progress With Ongoing Exploration Programs on Its 100% Owned Flin Flon-Sn

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Keywords :   Canada | Copper | Diamond | Zinc |


VMS UPDATES PROGRESS WITH ONGOING EXPLORATION PROGRAMS ON ITS 100% OWNED FLIN FLON - SNOW LAKE GREENSTONE BELT PROPERTIES, MANITOBA

Vancouver, B.C., March 22, 2011. VMS Ventures Inc. (TSX-V:VMS) ("VMS") is pleased to update its shareholders on the Company's ongoing exploration programs at its extensive 100% held property package in the Flin Flon - Snow Lake  Greenstone Belt, Manitoba, Canada.

VMS EXPLORATION PROPERTIES

Copper Project

Drill testing of target anomalies scheduled for initial drilling in winter 2011 is now complete. A total of 2,560 metres were drilled in 7 holes on the Company's Copper project located approximately 30 km south of the mining community of Snow Lake, Manitoba. Drill core samples have been sent for base and precious metal assays with results expected in a few weeks.

Cowan River

The drill is now on the Cowan River project located 45 kilometres southeast of the town of Snow Lake and 8 kilometres east of Reed Lake JV/Option Property currently being explored by partner HudBay Minerals Inc. (TSX:HBM, NYSE:HBM). VMS Ventures plans to drill three targets on this MEL based primarily on VTEM airborne geophysical anomalies with positive conductivity and associated magnetic signatures typical of all the base metal mines in the Snow Lake Greenstone Belt.

Morton Lake

The Morton Lake project is located 25 km west of Snow Lake and within 500 metres of the past-producing Dickstone copper-zinc deposit. A deep-penetrating, ground based Time Domain Electromagnetic geophysical survey was completed by Koop Geotechnical Inc. during the first quarter of 2011.  The 54 line kilometre survey assessed a long portion of favourable stratigraphy that hosted the nearby Dickstone copper-zinc deposit. Geotech Ltd. completed 340 line kilometres "Versatile Time Domain Electromagnetic" (VTEM - plus) airborne survey over the southern claim blocks.  Upon review of the anomalies, a Mobile Metal Ion soil geochemistry survey will be completed and integrated into the drill targeting process.

Farwell

The Farwell project surrounds the McClarty Lake project of Troymet Exploration Corporation (TSXV:TYE) who announced a discovery on May 15, 2008 returning 1.47% zinc and 0.31% copper over 43.05 metres, including 3.46% zinc over 15.3 metres.  Geotech Ltd. completed 3,581 line kilometres of (VTEM - plus) over the project in preparation of follow-up geochemical survey "Mobile Metal Ion" (MMI) and Diamond drilling. VMS will determine its exploration strategy after Troymet's drilling is completed and announced. CLICK HERE TO READ MORE

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VMS Ventures Inc.

EXPLORATION STAGE
CODE : VMS.V
ISIN : CA91828R1091
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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$ 10.1 millions, € 9.5 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.

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In the News and Medias of VMS Ventures Inc.
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Financings of VMS Ventures Inc.
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7/28/2011INTERSECTS SECOND COPPER OCCURANCE AT COWAN RIVER, SNOW LAKE...
6/8/2011(Sails)Drills 13=2E41 Metres of 1=2E48 g/t Go =?ISO-8859-1?Q?ld=20a...
5/13/2011(Reed Lake)FILES NI 43-101 MINERAL RESOURCE FOR THE REED LAKE DEPOSIT A...
4/20/2011(Cover)Reports on Two Additional Holes at Its Cowan River Copper-Zi...
4/13/2011(Cover)Discovers High Grade Copper Zone Near Surface: 9.81% Copper ...
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3/22/2011s Progress With Ongoing Exploration Programs on Its 100% Own...
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4/27/2012Announces Filing of Statement of Claim in Manitoba
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1/24/2012Mentioned in The Gold Report, January 18, 2012
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12/20/2011Merry Christmas from the North Shore Mining Group of Compani...
12/19/2011Reed Mine Decision Made/New Geophysical Targets at Reed Copp...
10/25/2011COO,Neil Richardson, is interviewed
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8/18/2011(Copper Project)Intersects 1.61 Metres Grading 2.13 G/T Gold in Hole CP-11-0...
8/9/2011REPORTS 5.94% COPPER OVER 2.23 METRES IN DRILL HOLE RLE007 F...
7/7/2011Reports HudBay Minerals Completes Exploration Expenditures f...
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4/27/2011(Copper Project)Discovers Massive Sulphide Horizon With Zinc-Silver-Gold Min...
4/20/2011(Cover)Reports on Two Additional Holes =?ISO-8859-1?Q?=20at=20Its=2...
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3/17/2011Reports 50=2E08 Metres of 6=2E85% Copp =?ISO-8859-1?Q?er=20i...
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2/28/2009(Video) NEW INTERVIEW WITH CEO CLIPS
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4/9/2008Discovery Zone Page Launched on VMS Website
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2/19/2008-Holes RD 08-25, RD 08-26 and RD 08-30-30 Intersect Near Sol...
2/8/2008Stock Market Volatility
12/14/2007Additional Information about a VMS Opportunity
11/10/2007(Audio) Interview with President John Roozendaal
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TSX-V (VMS.V)FRANKFURT (R4E.F)
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