VMS Ventures Inc.

VMS Ventures Inc.

January 24, 2007 15:57 ET

VMS Ventures to Fly VTEM Airborne Survey Over Copper-Zinc Target Areas Near Snow Lake VMS Belt, Manitoba

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 24, 2007) - VMS Ventures Inc. (TSX VENTURE:VMS) (the "Company") is pleased to announce that it has contracted Geotech Ltd. of Aurora Ontario to use its high definition, deep penetrating airborne geophysical VTEM technology to fly approximately 1800 line kilometers over the northern portion of the Company's 200 square kilometer VMS property package, near Snow Lake, Manitoba.

The VTEM (Versatile Time-Domain Electromagnetic) survey is the leading airborne geophysical system in use today. The survey will cover the portions of the claim group, which exhibit surface or drill intercepts of massive sulphide mineralization and alteration associated with these types of deposits and where favorable host rock units have associated metal enrichment in soils indicating the presence of buried deposits.

The VTEM survey has documented capabilities to detect highly conductive rock bodies such as massive sulphides to depths of up to 800 meters (2500 feet), which is ideal for the discovery of buried or hidden massive sulphide deposits in the Snow Lake Mining Camp. VTEM identifies anomalies deeper than any other method available to date. This technology will also enable a more effective means to explore the southern portion of the Snow Lake Belt where Paleozoic aged limestone sediments cover the prospective greenstone belts.

Over the past 2 years, the Company has acquired 12 distinct, strategic land packages. Each has been selected based on the existence of either known VMS style mineralization in drill core or at surface, the identification of VMS associated alteration in host rocks, and/or the presence of stratigraphy that hosts a VMS deposit on neighboring claims.

The areas to be flown in this first phase include the Sails Lake claims, the Reed Lake claims and the Copper property. These are the most advanced exploration targets with historical and Company data that includes ground geochemistry and geophysical information. Vice President of Exploration, Dr. George Gale, states, "The properties we plan to fly first have had up to 2 years of exploration to compliment the historical programs on which we have been able to accumulate information on. This upcoming survey will provide us with an opportunity to evaluate the effectiveness of the VTEM system, especially in the areas covered by limestone. The VTEM information is delivered in real time and can be interpreted within days, allowing us to prioritize drill targets quickly and test them this spring. Targets consisting of both geochemical metal anomalies and strong geophysical signatures will be tested first."

About VTEM

The VTEM system employs a large, somewhat tent-shaped array that hangs from the underside of the helicopter, with a large outer loop at the bottom end. A current is sent through this outer loop, which energizes the ground, creating a secondary return EM field that is measured by the smaller, inner receiving loop and recorded digitally for analysis.

Rolf Pedersen, a geophysicist and client relations specialist at Geotech Ltd., says, "Airborne geophysical surveys are, right now, at the front end of mining exploration and our VTEM system allows anomalies to be detected at depths of up to 800 meters."

About Geotech

Geotech has conducted airborne electromagnetic geophysical surveys for more than two decades using their proprietary technology and has a long history of notable innovations. In January of 2006, the Geotech VTEM system won Mining Magazine's exploration-equipment award for 2005. For more information on the Geotech Airborne VTEM system, please visit their website at www.geotechairborne.com.

VMS Ventures Inc. is acquiring, exploring and developing copper-zinc properties in the Flin Flon-Snow Lake VMS Belt. The Company's other projects include the Lynn Lake Gabbros nickel-copper properties in Lynn Lake Nickel Belt, the South Bay nickel-copper-cobalt PGE property, and the Eden Lake Carbonatite Complex, Specialty Metals property. All properties are located in the mining friendly province of Manitoba, Canada.


John Roozendaal, President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

Contact Information

  • VMS Ventures Inc.
    John Roozendaal
    (604) 986-2020 or Toll Free: 1-866-816-0118
    (604) 986-2021 (FAX)
    Website: www.vmsventures.com