VMS Expands Copper-Rich Mineralization With an Additional Nine Drill Holes at Its Reed Lake Discovery Zone at Snow Lake, Manitob
August 14 2008 - 6:30AM
Marketwired
VMS Ventures Inc. (TSX VENTURE: VMS) (the "Company") continues to
expand its copper-rich Discovery Zone at Snow Lake. The
mineralization has been identified in a total of 39 drill holes and
has been intersected in the last 16 consecutive drill holes. The
geometry and total strike length of the mineralized zone are
currently unknown, however significant continuity is demonstrated
by drill results.
Diamond Drill Highlights Include:
RD-08-61: 119.37m (391.62ft) of Near Solid Sulphide (NSS) and
Sulphide Veinlets
RD-08-65: 108.27m (355.21ft) of NSS and Sulphide Veinlets
RD-08-58: 25.81m (84.68ft) of NSS
RD-08-59: 25.35m (83.17ft) of NSS and Sulphide Veinlets
TABLE ONE
MINERALIZED INTERVALS
DRILL HOLES RD-08-57 to RD-08-65
(Assays Pending)
---------------------------------------------------------------------------
DRILL FROM TO INT(i)
HOLE (m) (m) (m) MINERALIZATION DESCRIPTION
---------------------------------------------------------------------------
RD-08-57 116.33 118.37 2.04 Near Solid Sulphide
---------------------------------------------------------------------------
RD-08-58 251.36 277.0 25.64 Near Solid Sulphide
---------------------------------------------------------------------------
RD-08-59 199.83 225.18 25.35 Near Solid Sulphide - Sulphide Veinlets
---------------------------------------------------------------------------
RD-08-60 326.22 326.46 0.24 Near Solid Sulphide
---------------------------------------------------------------------------
And 331.88 332.56 0.68 Near Solid Sulphide
---------------------------------------------------------------------------
RD-08-61 139.00 142.34 3.34 Near Solid Sulphide
---------------------------------------------------------------------------
And 143.14 144.89 1.75 Near Solid Sulphide
---------------------------------------------------------------------------
And 215.68 335.05 119.37 Near Solid Sulphide - Sulphide Veinlets
---------------------------------------------------------------------------
Inc 254.57 270.70 16.13 Near Solid Sulphide
---------------------------------------------------------------------------
RD-08-62 120.02 122.31 2.29 Near Solid Sulphide
---------------------------------------------------------------------------
RD-08-63 119.13 122.46 3.33 Near Solid Sulphide
---------------------------------------------------------------------------
RD-08-64 115.39 125.11 9.72 Near Solid Sulphide
---------------------------------------------------------------------------
And 127.16 130.86 3.70 Near Solid Sulphide
---------------------------------------------------------------------------
RD-08-65 143.55 251.82 108.27 Near Solid Sulphide - Sulphide Veinlets
---------------------------------------------------------------------------
Inc 143.55 152.25 8.70 Near Solid Sulphide
---------------------------------------------------------------------------
(i) True thickness of mineralized interval is unknown
The current drill plan will develop a cross section of the
mineralized zone by fanning two or three drill holes oriented
perpendicular to the apparent strike of the zone from each collar
location. The cross sections constructed to date indicate good
vertical and lateral continuity and suggest the mineralization is
open to depth. The dip appears to be sub-vertical with a northerly
bias. The strike has an apparent azimuth of 260 degrees, slightly
south of due west.
Concurrent with the drilling, borehole geophysical surveys are
underway to identify anomalies that represent extensions of
mineralization.
Analytical data from soil geochemical surveys undertaken in the
Discovery Zone-Tower Zone areas have recently been received and
interpretation is ongoing.
All technical information in this release has been reviewed by
Lawrence Norquay M.Sc., P.Geo, Senior Project Geologist, VMS
Ventures Inc.
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 does not accept responsibility for the
adequacy or accuracy of this release.
Contacts: 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 Coal Harbor
Communications Dale Paruk (604) 662-4505 or Toll Free:
1-877-345-3399
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