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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Re: Magoo Lake

about 9 years ago

about 9 years ago

about 9 years ago

about 9 years ago

about 9 years ago

VANCOUVER, BRITISH COLUMBIA -- (MARKET WIRE) -- 02/18/10 -- VMS Ventures Inc. (TSX VENTURE: VMS) (the "Company") is pleased to report that drilling of newly identified targets on its 100% owned, Super Zone properties, is now underway. Drilling is anticipated to continue into March with 7 distinct targets being tested (see diagram linked here: http://vmsventures.com/pdfs/Drill_Plan_20100217_letter_r1.pdf).

Drill roads were completed ahead of schedule, which allowed drilling to start this past Saturday. The first hole, RN-10-04, has been completed to a depth of 310 m, and the core is currently being evaluated and sampled. The second hole, RN-10-05, targeting an airborne geophysical survey (VTEM) anomaly, has been started, with an anticipated hole length of 500 m. These holes are testing targets in the Magoo Lake area, located approximately 1.5 km northwest of the Discovery Zone. Five additional holes ranging in depth between 325 m and 700 m are planned and will target VTEM, DeepEM surface survey and Borehole Pulse EM geophysical survey anomalies. Total drilling anticipated in this program is estimated to be 3,000 m