VMS Ventures Inc.

VMS Ventures Inc.

September 25, 2009 06:30 ET

VMS Ventures Updates Tower Zone Drill Progam Planning; Geochemcial Anomalies Over Deep Conductors at Reed Lake Properties, Snow Lake, Manitoba

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 25, 2009) - VMS Ventures Inc. (TSX VENTURE:VMS) (the "Company") is pleased to update shareholders on its Tower Zone drill planning, including initial results of the summer 2009 geochemistry program in and around the Reed Lake Discovery Zone.

In the final report on the Tower Zone, now received from Koop Geotechnical Services Inc., the targets announced September 18, 2009 are confirmed to be coincident or spatially associated with MagTilt anomalies. MagTilt anomalies enhance near surface magnetic features, such as geological units and structures within 200-300 metres of surface. These anomalies indicate the possibility that structures similar to the Reed Lake Discovery Zone shape can be found at the Tower Zone.

To view the 2007-08 Diamond Drill Hole Collars with Mag-Tilt colour image, please click on the following link: http://media3.marketwire.com/docs/vms925.pdf.

The geochemical survey sample data collected this summer at, and near, the Company's Reed Lake Discovery Zone, has now been received. The survey data is still undergoing review and final interpretation, but the samples covering the Tower Zone targets have returned some positive indicators of Cu-Zn-Ag-Au mineralization in the area of the geophysical conductor targets announced September 18, 2009.

Final drill plans for the Tower Zone are underway. Specific drill hole designs will be constructed and targeting plans will be finalized next week in the Company's exploration team meetings in Snow Lake.

The HudBay Minerals September 22, 2009 announcement of a new and high grade copper-gold rich zone of mineralization beneath the Lalor Lake deposit is a very exciting development for HudBay and all exploration companies with property in the Snow Lake, Manitoba area. VMS Ventures holds large strategic exploration properties over a number of VMS deposit-bearing, prospective Time Space Units (horizons) in the Snow Lake end of the prolific Flin Flon Snow Lake VMS belt (http://www.vmsventures.com/pdfs/Discovery_Zone.pdf). The properties selected by the Company all host either VMS deposits or strong evidence of volcanogenic massive sulphide producing hydrothermal systems.

VMS Ventures uses the same consultants and the same state of the art downhole geophysical surveying used by HudBay Minerals in discovering and expanding Lalor Lake. These methods confirm and enhance the Company's geological and geochemical interpretations in its pursuit of new mines and deposits in the camp, The new deep anomalies at the Tower Zone are the most recent example of this collaboration.

All technical information in this release has been reviewed by Dr. George Gale, P.Eng, who is the Qualified Person for the Company and Vice President of Exploration, VMS Ventures Inc.

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 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.


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