The company's key asset is the Reed Lake Project where a high grade Copper discovery was made in 2007. VMS Ventures’ Joint Venture partner HudBay Minerals (HBM:TSX) is presently conducting work to outline a compliant resource estimate at Reed Lake and expects to complete a pre feasibility study in 2011.

At the same time, VMS’ Geological team is  focusing  on searching for new discoveries on its 100% owned property portfolio in the Flin Flon – Snow Lake greenstone belt, which is the most prolific Proterozoic VMS belt in the world with over 20 producing and past producing Cu-Zn-Au-Ag deposits.

VMS has recently acquired prospective properties in Sudbury, Ontario and  its data compilation work has begun.

Below the property map image is our 2010 to 2012 work schedule for our Manitoba properties.