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VMS Ventures Inc.
301-260 W. Esplanade

North Vancouver, BC
Canada   V7M 3G7

 

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News Release

 

HOLE RD 07-12 ASSAYS 31.74m OF 2.09% CU AND 3.56% ZN; HOLE RD 08-22 INTERSECTS 25.75m NSS AT DISCOVERY ZONE

 

6 Februaury, 2008

 

Vancouver, B.C., February 6, 2008. VMS Ventures, Inc. (TSX.V: VMS)  (the Company) is pleased to report assay results and an update of its ongoing drill program at the Reed Project Discovery Zone near Snow Lake, Manitoba.

 

Highlights:

 

Hole RD 07-12:    31.74m (104.13 ft) with 2.09% Cu and 3.56% Zn

 

                                     - Including 17.22m (56.5 ft) with 1.27% Cu and 4.41% Zn

 

                                      -Including 4.98m (16.34 ft) with 5.41% Cu and 3.46% Zn

 

Hole RD 08-22:     25.75m (84.48 ft) of Near Solid Sulphide, Assays pending

 

Vice President of Exploration, Dr. George Gale states: “Hole RD 07-12 provides more certainty that we are building a deposit typical for this belt. The Cu and Zn intersections and grades not only continue to be of economic significance, but the copper and zinc is often appearing as metal-rich zones within the sulphide lense. This type of metal zonation is common to well developed VMS deposits. In addition, blocks of sulphide and magnetite within the NSS intersections suggest that parts of the sulphide lense may have been formed by a debris flow. Hole RD 08-22 provides us another substantial intersection of Near Solid Sulphide (NSS), and this 25.75m intersection plots approximately 40 metres below the NSS reported in RD 08-20 on January 29, 2008. We are using NSS to indicate that the intersections contain greater than 75% sulphide minerals.”

 

DRILL

HOLE

FROM

(m)

TO

(m

Interval

(m)

Cu

(%)

Zn

(%)

Ag

g/t

Au

g/t

RD07-12

173.20

203.93

31.74*

2.09

3.56

18.52

1.38

Inc

176.32

193.54

17.22

1.27

4.41

9.84

0.89

Inc

198.12

203.10

4.98

5.41

3.48

56.02

3.70

 

                                                        * True thickness is unknown.

 

Samples for drill holes RD 08-14, RD 08-16, and RD 08-20 have been submitted for assay.

 

Drill hole RD 08-21 was not submitted for assay. Hole RD 08-23 is being drilled and holes RD 08-24 and RD 08-26 are completed and core is being logged.

 

Hole locations are as follows:

 

HOLE ID

NORTH

EAST

LENGTH

DIP

AZ

RD-08-21

6048775

393978

TBA

-45

040

RD-08-22

6048817

393940

163.67

-60

045

 

All technical information in this release has been reviewed by the Qualified Person, Dr. George Gale, P.Eng. 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

Dale Paruk

Coal Harbor Communications
Telephone: (604) 662-4505
Toll Free: 1-877-345-3399


The TSX Venture exchange does not accept responsibility for the

adequacy or accuracy of this release.

 

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