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VMS REPORTS 19.8 METERS GRADING 2.70% COPPER IN HOLE RD-08-35
AT REED LAKE DISCOVERY ZONE
19 June 2008
Vancouver, B.C., June 19, 2008.
VMS Ventures Inc. (TSX.V: VMS) (the “Company”) is pleased to report on its
ongoing exploration program at the Reed Lake Discovery Zone near Snow Lake,
Manitoba.
Highlights:
|
RD-08-35: |
|
19.80 m (64.96
ft) of 2.70% Cu and 1.72% Zn |
|
|
|
|
|
|
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Including 12.11
m (39.73 ft) of 3.52% Cu and 1.96% Zn
|
|
|
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Including 7.51
m (24.64 ft) of 5.02% Cu and 1.77% Zn
|
Hole RD-08-35 was drilled from
the same set up and azimuth as holes RD-08-23 and RD-08-38 and approximately 45m
to the east of the western most intercept of mineralization so far, hole
RD-08-39.
One drill continues testing the
strike and depth extent of mineralization at the western edges of the Discovery
Zone and a second drill is testing the Discovery Zone mineralization to the east
and to depth.
A third drill is testing a
strong off hole conductor detected in a recent downhole survey of hole TZ-08-02,
related to the Tower Zone anomaly, 1,000 m to the east of the Discovery Zone.
The Tower Zone anomaly is a series of geophysical conductor anomalies that have
been identified in airborne, and in greater detail in the DeepEM survey over a
1.2 km length. Previous holes in the area have not explained the conductor, but
have intercepted altered rocks and trace amounts of copper and zinc sulphides
along with iron sulphides, in what may represent foot wall alteration to a VMS
deposit.
TABLE I
DRILL HOLE ASSAYS FOR
RD-08-35
|
DRILL
HOLE |
FROM
(m) |
TO
(m) |
INT* |
Cu
% |
Zn
% |
Ag
g/t |
Au
g/t |
|
RD-08-35 |
180.18 |
199.98 |
19.80 |
2.70 |
1.72 |
6.23 |
0.48 |
|
inc |
187.55 |
199.66 |
12.11 |
3.52 |
1.96 |
8.73 |
0.62 |
|
inc |
192.15 |
199.66 |
7.51 |
5.02 |
1.77 |
12.71 |
0.85 |
*True Thickness unknown
TABLE II
DRILL HOLE ASSAYS FOR
RD-08-36
|
DRILL
HOLE |
FROM
(m) |
TO
(m) |
INT* |
Cu**
% |
Zn**
% |
Ag***
g/t |
Au***
g/t |
|
RD-08-36 |
133.20 |
214.27 |
81.07 |
3.54 |
0.26 |
5.47 |
0.25 |
|
inc |
169.77 |
206.35 |
36.58 |
5.64 |
0.13 |
9.73 |
0.48 |
|
inc |
187.36 |
206.35 |
18.99 |
7.10 |
0.17 |
10.51 |
0.73 |
* True Thickness unknown
** Previously released *** New
data
TABLE III
DESCRIPTION OF MINERALIZED
INTERVALS RD-08-38, RD-08-39 and RD-08-41
(Assays Pending)
|
DRILL
HOLE |
FROM
(m) |
TO
(m) |
INT* |
MINERALIZATION
DESCRIPTION |
|
RD-08-38 |
198.25 |
270.36 |
72.11 |
Sulphide Veinlets |
|
RD-08-39 |
188.92 |
203.34 |
14.42 |
Near Solid Sulphide |
|
RD-08-41
Inc
Inc |
332.13
332.13
346.92 |
365.96
336.14
365.65 |
33.83
4.01
18.73 |
Near Solid Sulphide
and Veinlets
Near Solid Sulphide
Near Solid Sulphide |
* True thickness unknown
All technical information in
this release has been reviewed by the Qualified Person, Dr. George Gale, P.Eng.
Samples are prepared and analyzed at Activation Laboratories, Ancaster, Ontario
using acid digest 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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