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I n v e s t o r   N e w s

 

 July 31, 2008

RD-08-51 THROUGH RD-08-56 CONTAIN INTERSECTIONS OF NEAR SOLID SULPHIDES OR SULPHIDE VEINLETS AT REED LAKE, MANITOBA


 July 3, 2008

VMS REPORTS 10.36% COPPER OVER 33.46 METRES IN DEEPEST INTERCEPT TO DATE AT REED LAKE, MANITOBA


 June 19, 2008

VMS REPORTS 19.8 METERS GRADING 2.70% COPPER IN HOLE RD-08-35 AT REED LAKE DISCOVERY ZONE


 June 12, 2008

VMS VENTURES PROPOSES TO SPIN OFF NICKEL ASSETS



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VMS Ventures Inc.
301-260 W. Esplanade

North Vancouver, BC
Canada   V7M 3G7

 

VMS Ventures Inc. has one of the largest land positions in Manitoba’s prolific Flin Flon - Snow Lake Volcanogenic Massive Sulphide (VMS) belt. The largest is held by Canada’s HudBay Minerals (HBM-TSX) with mines and mills in both Flin Flon and Snow Lake and a base metal smelter in Flin Flon.

Sails Project Puella Bay Project Reed Project Cover Project Copper Project

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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More than 30 VMS deposits, rich in copper-zinc as well as gold and silver, have been discovered in this belt.

To date, ore worth more than $29 billion has been produced from 24 mines. This is one of the most prolific Proterozoic greenstone belts in the world for volcanogenic massive sulphide (VMS) deposits.

The belt’s average 5 million tonne VMS deposit has a gross metal value of over $1.5 billion.

 

  P r o j e c t   R e v i e w

 

The Reed Project, Manitoba

The Reed Project is located within the Snow Lake portion of the Flin Flon - Snow Lake Greenstone Belt approximately halfway between Flin Flon and Snow Lake. The project consists of claims optioned from W. B. Dunlop Ltd., HudBay Minerals Ltd., a Mineral Exploration Lease and claims staked by the Company.

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The Cover Project, Manitoba

During fiscal 2006, the Company announced that it had staked claims in its ‘Cover Project’. The Cover Project, which has been expanded by the addition of a MEL, refers to properties that are located within a part of the Flin Flon – Snow Lake VMS Belt that lies beneath a layer of younger flat-lying sedimentary rocks. The older steeply dipping Precambrian volcanic rocks that underlie the flat-lying limestones host copper- and zinc-rich VMS deposits in this belt.

 DETAILS             NEWS RELEASES

The Copper Project, Manitoba

This project consists of claims staked by the Company, two MEL permits and Mineral Lease 28. Mineral Lease 28 includes the Copperman VMS deposit. Drilling on the Copperman property in 1967 by Western Nuclear Mines Ltd. indicated that the “A” zone contains 149,672 tonnes with 3.08% Cu and 3.08% Zn. Combined reserves of 221,308 tonnes with 2.63% Cu and 4.46% Zn were reported in Manitoba Mineral Deposit Series Report 21. The Copper Project includes the Copperman deposit and more than 20km of highly prospective volcanic rocks that extend southwestwards as far as Hudbay Minerals Silvia Zone.

  DETAILS             NEWS RELEASES

The Puella Bay Project, Manitoba

The Puella Bay Project includes a claim optioned from Ken deGraff and a large adjoining area staked by the Company. Previous exploration and government reports indicate that the Puella occurrence contains widespread pyrite mineralization and near solid laminae of pyrite, sphalerite and galena as well as minor chalcopyrite and arsenopyrite. The known mineralization on the property occurs within a large body of felsic volcanic rocks.

  DETAILS             NEWS RELEASES

The Sails Project, Manitoba

This project, situated approximately 20 km east of the town of Snow Lake consists of a claim optioned from Ken deGraff and additional claims staked by the Company. The property was prospected for gold for many years. Exploration for VMS deposits in the late 1960’s intersected up to 7% Zn over 0.6 m in an area considered by the Company to be highly prospective.

  DETAILS             NEWS RELEASES

 

 

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