VMS Ventures Inc.

VMS Ventures Inc.

March 09, 2010 06:30 ET

VMS Announces Appointment of Dr. Alan Bailes to the Company's Advisory Board

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - VMS Ventures Inc. (TSX VENTURE:VMS) (the "Company") is pleased to announce the appointment of Dr. Alan Bailes to the Advisory Board of the Company.

Dr. Alan Bailes has over 35 years experience in exploration-supportive mapping in volcanic, sedimentary and metamorphic terranes. He has extensive experience in Precambrian volcanology and the nature and origin of VMS deposits.

VP Exploration and Technical Services Dr. Mark Fedikow states: "Dr. Bailes appointment to the VMS Ventures Advisory Board is a tremendous addition to the Company. Alan's expertise in the geology of the Flin Flon – Snow Lake greenstone belt and its contained mineral deposits are recognized industry wide and he has spent his career investigating and understanding these rocks. His extensive experience makes our team stronger and better equipped to move forward towards our next discovery. We look forward to working with him as we begin a new chapter in the Company's history."

Dr. Bailes has participated in numerous government-industry-university collaborative projects that have made significant advances in the understanding of resource-rich greenstone belts and the controls on contained mineralization. Between 2001 and 2008 Dr. Bailes was the Chief Geologist in charge of the Precambrian Section of the Manitoba Geological Survey and a participant in two Targeted Geoscience Initiatives examining the geological setting of the Flin Flon VMS deposit. He began a consulting career in 2008 that has included work with HudBay Minerals on their recently discovered Lalor Zn-Cu-Au deposit.

Dr. Bailes has a B.Sc from McGill University and a M.Sc and Ph.D. from the University of Manitoba. During his career with the Manitoba Geological Survey he undertook numerous mapping projects in the resource-rich Flin Flon greenstone belt with particular emphasis on the Snow Lake area. He co-led the federal-provincial Snow Lake EXTECH I project, which from 1989 to 1994 investigated new exploration methodologies and strategies for VMS and Au mineralization. He served as provincial representative on the industry-funded MITEC project 93E06: "Prospective versus barren volcanic belts: A new exploration strategy". From 1991 to 1996 he participated in the NATMAP Shield Margin Project which revolutionized the understanding of how greenstone belts developed and the role of tectonostratigraphic setting in controlling mineralization. Between 1992 and 1998 he participated in the industry-sponsored CAMIRO project 94E07: "The use of regional scale alteration zones and subvolcanic intrusions in exploration for volcanic-associated massive sulphide deposits". From 2001 to 2008 Dr. Bailes participated in two Flin Flon Targeted Geoscience Initiatives which examined the setting of the world-class Flin Flon VMS deposit. In his recent role as a geological consultant, Dr. Bailes brings to his investigations a strong geological background, solid understanding of VMS deposits and in-depth knowledge of the Flin Flon greenstone belt.

VMS Ventures Inc. currently has a profile on Corebox.net which is updated as soon as assay results are released. The link to visit our Corebox profile is: http://www.corebox.net/properties/reed_lake/.

Investors are invited to visit the VMS Ventures IR Hub at http://www.agoracom.com/IR/VMSVentures where they can post questions and receive answers or review questions and answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to VMS@agoracom.com where they can also request to be added to the investor e-mail list to receive all future press releases and updates in real time.

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 Nickel Belt project and the South Bay nickel-copper-cobalt PGE property. All VMS Ventures Inc. properties are located in the mining friendly province of Manitoba, Canada.


John Roozendaal B.Sc., President & Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • VMS Ventures Inc.
    Keith Patey
    Director of Communications
    (604) 986-2020 or Toll Free: 1-866-816-0118
    (604) 986-2021 (FAX)
    Coal Harbor Communications
    Dale Paruk
    (604) 662-4505 or Toll Free: 1-877-345-3399