VMS Ventures Inc.
TSX VENTURE : VMS

VMS Ventures Inc.

June 19, 2008 06:30 ET

VMS Reports 19.8 Meters Grading 2.70% Copper in Hole RD-08-35 at Reed Lake Discovery Zone

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 19, 2008) - VMS Ventures Inc. (TSX VENTURE:VMS) (the "Company") is pleased to report on its ongoing exploration program at the Reed Lake Discovery Zone near Snow Lake, Manitoba.



Highlights:

RD-08-35: 19.80 m (64.96 ft) of 2.70% Cu and 1.72% Zn

Including 12.11 m (39.73 ft) of 3.52% Cu and 1.96% Zn

Including 7.51 m (24.64 ft) of 5.02% Cu and 1.77% Zn


Hole RD-08-35 was drilled from the same set up and azimuth as holes RD-08-23 and RD-08-38 and approximately 45 m to the east of the western most intercept of mineralization so far, hole RD-08-39.

One drill continues testing the strike and depth extent of mineralization at the western edges of the Discovery Zone and a second drill is testing the Discovery Zone mineralization to the east and to depth.

A third drill is testing a strong off hole conductor detected in a recent downhole survey of hole TZ-08-02, related to the Tower Zone anomaly, 1,000 m to the east of the Discovery Zone. The Tower Zone anomaly is a series of geophysical conductor anomalies that have been identified in airborne, and in greater detail in the DeepEM survey over a 1.2 km length. Previous holes in the area have not explained the conductor, but have intercepted altered rocks and trace amounts of copper and zinc sulphides along with iron sulphides, in what may represent foot wall alteration to a VMS deposit.



TABLE I
DRILL HOLE ASSAYS FOR RD-08-35

--------------------------------------------------------------------------
DRILL FROM TO Cu Zn Ag Au
HOLE (m) (m) INT(i) % % g/t g/t
--------------------------------------------------------------------------
RD-08-35 180.18 199.98 19.80 2.70 1.72 6.23 0.48
--------------------------------------------------------------------------
inc 187.55 199.66 12.11 3.52 1.96 8.73 0.62
--------------------------------------------------------------------------
inc 192.15 199.66 7.51 5.02 1.77 12.71 0.85
--------------------------------------------------------------------------
(i) True Thickness unknown


TABLE II
DRILL HOLE ASSAYS FOR RD-08-36

--------------------------------------------------------------------------
DRILL FROM TO Cu(ii) Zn(ii) Ag(iii) Au(iii)
HOLE (m) (m) INT(i) % % g/t g/t
--------------------------------------------------------------------------
RD-08-36 133.20 214.27 81.07 3.54 0.26 5.47 0.25
--------------------------------------------------------------------------
inc 169.77 206.35 36.58 5.64 0.13 9.73 0.48
--------------------------------------------------------------------------
inc 187.36 206.35 18.99 7.10 0.17 10.51 0.73
--------------------------------------------------------------------------
(i) True Thickness unknown (ii) Previously released (iii) New data


TABLE III
DESCRIPTION OF MINERALIZED INTERVALS RD-08-38, RD-08-39 and RD-08-41
(Assays Pending)

--------------------------------------------------------------------------
DRILL FROM TO
HOLE (m) (m) INT(i) MINERALIZATION DESCRIPTION
--------------------------------------------------------------------------
RD-08-38 198.25 270.36 72.11 Sulphide Veinlets
--------------------------------------------------------------------------
RD-08-39 188.92 203.34 14.42 Near Solid Sulphide
--------------------------------------------------------------------------
RD-08-41 332.13 365.96 33.83 Near Solid Sulphide and Veinlets
--------------------------------------------------------------------------
Inc 332.13 336.14 4.01 Near Solid Sulphide
--------------------------------------------------------------------------
Inc 346.92 365.65 18.73 Near Solid Sulphide
--------------------------------------------------------------------------
(i) True thickness unknown


All technical information in this release has been reviewed by the Qualified Person, Dr. George Gale, P.Eng. Samples are prepared and analyzed at Activation Laboratories, Ancaster, Ontario using acid digest assay analytical methods.

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 Lynn Lake Gabbros nickel-copper project, the Nickel Belt project, the South Bay nickel-copper-cobalt PGE property, and the Eden Lake Carbonatite Complex, Specialty Metals property. All VMS Ventures Inc. properties are located in the mining friendly province of Manitoba, Canada.

ON BEHALF OF THE BOARD OF DIRECTORS

John Roozendaal, B. Sc., President & Director

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.
    Keith Patey
    Director of Communications
    (604) 986-2020 or Toll Free: 1-866-816-0118
    (604) 986-2021 (FAX)
    Website: www.vmsventures.com
    or
    Coal Harbor Communications
    Dale Paruk
    (604) 662-4505 or Toll Free: 1-877-642-6200