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VMS SNOW LAKE, MANITOBA EXPLORATION UPDATE
22 November, 2007
Vancouver, B.C. November 22, 2007. VMS Ventures Inc. (TSX.V: VMS) (the
"Company") is pleased to update shareholders on its exploration activities in
the Snow Lake area of Manitoba.
Drilling is underway on the Reed Lake Discovery Zone and the second hole of the
program has now been completed. Eight drill hole locations have been selected
around the discovery hole, RD07-02, and the results of these holes will be used
to determine the probable orientation of the mineralized body.
In addition, preparations are being made for down-hole geophysical surveys of
these new drill holes around the discovery hole. Down-hole geophysical surveys
employ a probe which travels down the bore hole taking readings from the top to
the bottom of the hole. This survey method enables detection of conductive
sulphide bodies within approximately 100m of the borehole. This information can
help geologists determine the location of additional lenses of sulphide
mineralization, as these deposits commonly consist of several individual lenses.
Permits are pending for the construction of grid lines to be cut on the southern
portion of the Reed Lake property in the area covering the Discovery Zone, and
several nearby VTEM anomalies, to allow for Surface Deep EM geophysical surveys.
These are designed to detect hidden bodies of mineralization to depths much
greater than the current drilling is targeting.
More than 40 drill holes are currently being planned for the upcoming winter
program at the Discovery Zone. The Company is also preparing permit applications
for 2008 drilling at other VMS and Nickel exploration properties, in addition to
the Reed Lake property.
The drilling is progressing as planned and samples will be shipped for assaying
once drill core has been logged and processed. All technical information in this
release has been reviewed by Dr. George Gale, P.Eng, the Qualified Person, Vice
President of Exploration and director of VMS Ventures Inc.
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:
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Keith Patey,
Director of Communications
Telephone: (604) 986-2020
Toll Free: 1-866-816-0118 |
Steve Kubota
Coal Harbor Communications
Telephone: (604) 662-3237
Toll Free: 1-866-405-3955 |
The TSX Venture exchange does not accept responsibility for the
adequacy or
accuracy of this release.
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