VMS Commences First Drill Program at Its 100% Owned Copper Project, Snow Lake, Manitoba
VANCOUVER, BRITISH COLUMBIA–(Marketwire – Apr 20, 2010) – VMS Ventures Inc. (TSX VENTURE:VMS) (the “Company”) is gratified to inform which skeleton for training bottom and changed steel targets on the 100% owned Copper Project have been right away finish and which training will embark this week. This module will aim 5 areas in the northernmost apportionment of the property, where scrutiny is at the many modernized theatre with all geophysical and geochemical surveys completed. It is written to exam conspicuous geophysical and geochemical signatures on targets which have not been formerly drilled.
The Copper Project is located we estimate twenty km southeast of the mining village of Snow Lake where HudBay Minerals operates a indent and concentrator and where the growth and scrutiny of the Lalor Lake zinc-copper-gold-silver deposition is ongoing. Access to the northern finish of the skill is around paved highway. The Company’s Reed Lake find is located we estimate 45 km by paved main road to the west of the Copper Project claims.
Exploration by VMS Ventures commenced in 2007 with a VTEM airborne consult which rescued over 800 geophysical conductive anomalies inside of the northern twelve km of this really large property. The Copper Project extends over thirty km in length and covers an area of we estimate 350 block km. The VTEM consult picked up interpretation on the captivating and conductive geophysical characteristics of the underlying greenstone belt. In 2008, the Company lengthened airborne consult coverage to the rest of the skill and executed geochemical surveys in 2008 and 2009.
Vice President of Exploration and Technical Services, Dr. Mark Fedikow states: “We have been concerned to get training underway at the really large Copper Project. It is all belligerent underlain by the rarely impending Flin Flon-Snow Lake greenstone belt. Within this sold area the leather leather leather belt hosts 4 non-producing copper-zinc large sulphide-type deposits, thereby demonstrating the participation of hydrothermal mineralizing systems. Our geophysical and geochemical surveys integrated with ancestral cavalcade report have tangible countless tall peculiarity targets, which we can right away proceed to consider with drilling.”
Drill Program Details
The module will consider 5 formerly untested anomalies. All targets in this module have been inside of 2 km of a paved highway. Due to soppy belligerent conditions the cavalcade sites will be accessed by helicopter. A smallest of 1,500 metres of training is programmed (see picture below).
Target 1 is located 1.2 km south of provincial main road # 39. It is a prolonged formational curiosity with removed stronger conductance, along with flanking character captivating facilities and dirt geochemistry anomalies towering in zinc, and is without delay concurrent with the strongest electromagnetic anomaly.
Target 2 is located 1.7 km south of provincial main road # 39. It is a prolonged formational curiosity with removed stronger conductance, along with flanking character captivating facilities and dirt geochemistry anomalies towering in copper, and is without delay concurrent with the strongest electromagnetic anomaly.
Target 3 is located 2.8 km south of provincial main road # 39. A prolonged formational curiosity with dissimilar breaks is evident. An area of top conductance, along with a flanking character captivating underline is targeted. Soil geochemistry is towering in copper and is without delay compared to the electromagnetic anomaly.
Target 4 is located 2.4 km south of provincial main road # 39. A prolonged formational curiosity with dissimilar breaks is evident. An area of top conductance along with flanking character captivating underline is targeted. Soil geochemistry is towering in copper and is without delay concurrent with the strongest electromagnetic anomaly.
Target 5 is located 400 m west of provincial main road # 39. This discrete, tolerably conductive curiosity is without delay compared with a clever captivating anomaly. Soil geochemistry is towering in copper and is concurrent with this target. The aim is located 1km south of the Copper-Man deposit.
To perspective the map concomitant this recover greatfully click on the following link: http://media3.marketwire.com/docs/0419vms.jpg
All technical report in this recover has been reviewed by Dr. Mark Fedikow, P.Geo, who is the Qualified Person for the Company and Vice President of Exploration and Technical Services, VMS Ventures Inc.
Investors have been invited to revisit the VMS Ventures IR Hub at http://www.agoracom.com/IR/VMSVentures where they can post questions and embrace answers or examination questions and answers already posted by alternative investors. Alternatively, investors have been means to e-mail all questions and association to VMS@agoracom.com where they can additionally ask to be combined to the financier e-mail list to embrace all destiny press releases and updates in genuine time.
VMS Ventures Inc. is focused essentially on acquiring, exploring and building copper-zinc-gold-silver large sulphide deposits in the Flin Flon-Snow Lake VMS Belt of Manitoba. The Company’s VMS plan skill portfolio consists of the Reed Lake Project, Copper Project, McClarty Lake Project, Sails Lake Project, Puella Bay Project and Morton Lake Project. Outside of the Snow Lake camp, the Company binds large sulphide impending properties nearby the past producing Fox Lake and Ruttan copper-zinc mines, nearby the communities of Lynn Lake and Leaf Rapids in northern Manitoba. All VMS Ventures Inc. properties have been located in the mining accessible range of Manitoba, Canada.
ON BEHALF OF THE BOARD OF DIRECTORS
John Roozendaal B.Sc.
President & Director
Neither the TSX Venture Exchange nor the Regulation Services Provider (as which tenure is tangible in the policies of the TSX Venture Exchange) accepts shortcoming for the endowment or correctness of this release.
