VMS Ventures Inc.

Recent drill results include 6.69% copper over 71.69 metres and 3.74% copper over 21.77 metres from in-fill diamond drill holes at the Reed Lake Joint Venture (Hudbay HBM:TSX) Property. The company has a dominant land position in the prolific Flin Flon-Snow Lake VMS mining belt. VMS Ventures is well financed with over $11.9 million in cash equivalents.
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Dear VMS followers,

Today's release provides further evidence that Cowan River has serious potential to add shareholder value to VMS Ventures.

The "stringer" or feeder zone mineralization that COO Neil Richardson speaks about is typically found near the copper-zinc-gold-silver deposits mined in the Flin Flon- Snow Lake VMS belt, so today's release provides evidence we are in the right environment for another copper rich massive sulphide deposit.

Neil also points out that the continuing evidence of mineralization, the nature of the host rocks and the spatial proximity to other significant deposits in the area of Cowan River pushes this to the top of our priority list for this Spring. New information is being integrated into the database and new targets will be developed quickly.

As we have reported. our gold discovery at Sails Lake is in the same priority category and we will be back drilling at Sails to follow up the discovery hole (58.89 metres of 1.21 grams per tonne gold including 9.89 metres grading5.13 g/t gold) later this week.

You can expect continuing news as VMS and HudBay continue their aggressive drill programs near Snow Lake, Manitoba.

We look forward to discussing our progress with you.

Best Regards,
Rick Mark

VMS Ventures Reports on Two Additional Holes at Its Cowan River Copper-Zinc Discovery, Near Snow Lake, Manitoba

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 20, 2011) - VMS Ventures Inc. (TSX VENTURE:VMS) ("VMS") is pleased to announce additional drill results for its Cowan River project near Snow Lake. The Cowan River property is located 7.5 km east of the Company's Reed Lake copper-zinc deposit, 8.1 km west of the past-producing Spruce Point deposit and 1.5 km south of provincial road 39.

The Cowan River Zone was discovered by drilling an airborne geophysical (VTEM) anomaly. The discovery was announced April 13, 2011 with hole RE-11-001 intersecting 6.59 metres of 2.25% copper and 0.61% zinc including 1.37 metres of 9.81% copper and 1.46% zinc.

Three holes have been drilled at the discovery zone at Cowan River for a total of 834 metres. Assay results for holes RE-11-04 and RE-11-05 are displayed in the table below. They are collared near the discovery hole and have intersected favourable alteration and numerous disseminated to well-mineralized sulphide zones containing highly anomalous copper and zinc mineralization, with up to 2.12% copper and 2.04% zinc.

Neil Richardson, VMS' Chief Operating Officer states: "It is very encouraging to see strong chlorite alteration and the style of sulphide mineralization resembling stringer zone "feeder pipe" material which occurs in the footwall or beneath massive sulphide deposits. As well, this discovery is spatially related to the former Spruce Point mine and VMS' Reed Lake discovery. Boreholes have now been completed using pulse electromagnetic technology ("BHPEM") and new anomalies have been identified and incorporated into the Company's 3D model. Additional exploration on this discovery is now a high priority for VMS and plans are being developed for the next phase of work later in the spring."

Additional VTEM anomalies northeast of the Cowan River discovery were tested by drill holes RE-11-002 and RE-11-003. The anomalies were explained by the presence of barren sulphide facies iron formation. No further work is planned on these targets. CLICK FOR MORE INFO


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VMS Ventures Inc.
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