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2nd DRILL MOBILIZED AT DISCOVERY ZONE; CONTROL GRID
UNDERWAY NEAR SNOW LAKE, MANITOBA
4 December, 2007
Vancouver, B.C. December 4, 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.
The drill program on the Discovery Zone is progressing and hole 4 is nearing
completion. A second drill is being mobilized onto the Discovery Zone. As well,
a third drill is anticipated to begin drilling additional targets in January.
Down Hole and Deep EM ground geophysical surveys are being prepared and are
expected to be completed before the Christmas holiday break later in the month.
A 65 line kilometer surface control grid is now under construction in
preparation for the Deep EM surface geophysical survey. This survey is of
particular significance as it is the same survey credited with the
identification of anomalies which guided the drilling of the recently discovered
Lalor Lake Zinc massive sulphide deposit by HudBay Minerals (TSX: HBM), near the
Chisel North Mine, also within the Snow Lake mining camp. The surface Deep EM
geophysical survey will commence once the Down Hole geophysical surveying has
been completed.
The Down Hole geophysical survey employs a probe that travels down the bore hole
and takes readings from the top to the bottom of the hole. This survey method
enables detection of conductive sulphide bodies within approximately 100m of the
bore hole. This information can help geologists determine the location of
additional lenses of sulphide mineralization, and/or thicker and more conductive
parts of the mineralized body.
The information being gathered from the drilling now underway on the Reed Lake
Discovery Zone will be used to determine the probable orientation of the
mineralized body. The addition of Bore Hole and Deep EM geophysical survey
results will greatly enhance our picture of the conductors associated with the
mineralization, and more importantly, enable the detection of hidden mineralized
bodies at greater depths. The ground survey will provide much greater resolution
than the VTEM airborne geophysical survey that provided the initial drill
targets on the property.
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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