VMS Ventures Inc.: Drill Hole RD-08-61 Intersects 100.19 Metres of 3.59% Copper, Including 9.71 Metres of 17.79% Copper at Reed
October 01 2008 - 6:30AM
Marketwired
VMS Ventures Inc. (TSX VENTURE: VMS) (the "Company") is pleased to
announce assay results from drillholes RD-08-58, RD-08-59, RD-08-60
and RD-08-61 at its Reed Lake Discovery Zone near Snow Lake,
Manitoba.
Highlights:
- RD-08-61 Intersects: 100.19 metres (328.70 feet) of 3.59% Copper
Including 40.50 metres (132.87 feet) of 7.79% Copper
Including 16.33 metres (53.58 feet) of 14.58% Copper
Including 9.71 metres (23.59 feet) of 17.79% Copper
- RD-08-58 Intersects: 26.74 metres (87.73 feet) of 2.51% Copper
Including 13.03 metres (42.75 feet) of 3.36% Copper
TABLE ONE
REED LAKE DRILLHOLES(i)
RD-08-58, RD-08-59, RD-08-60 and RD-08-61
------------------------------------------------------------------------
FROM TO INTERVAL COPPER ZINC SILVER GOLD
HOLE ID (m) (m) (m) (%) (%) (g/t) (g/t)
------------------------------------------------------------------------
RD-08-58 251.36 278.10 26.74 2.51 0.05 Pending Pending
------------------------------------------------------------------------
inc 259.80 272.83 13.03 3.36 0.06 Pending Pending
------------------------------------------------------------------------
RD-08-59 125.23 125.80 0.57 2.76 0.63 Pending Pending
------------------------------------------------------------------------
and 185.01 223.41 38.40 0.92 0.05 Pending Pending
------------------------------------------------------------------------
and 221.41 223.41 2.00 6.94 0.26 Pending Pending
------------------------------------------------------------------------
RD-08-60 326.22 327.10 0.88 2.40 0.90 Pending Pending
------------------------------------------------------------------------
and 331.88 332.56 0.68 1.15 0.07 Pending Pending
------------------------------------------------------------------------
RD-08-61 139.00 144.89 5.89 2.26 0.98 Pending Pending
------------------------------------------------------------------------
and 231.51 331.70 100.19 3.59 0.11 Pending Pending
------------------------------------------------------------------------
inc 231.51 272.01 40.50 7.79 0.07 Pending Pending
------------------------------------------------------------------------
inc 254.37 270.70 16.33 14.58 0.13 Pending Pending
------------------------------------------------------------------------
inc 254.37 264.08 9.71 17.79 0.14 Pending Pending
------------------------------------------------------------------------
and 372.32 373.25 0.93 3.61 0.51 Pending Pending
------------------------------------------------------------------------
(i) True Thickness unknown
Vice President of Exploration, Dr. George Gale, states, "Hole 61
demonstrates that the B lense has potential to host exceptional
copper grades. The lower intersection at 372.32 m may very well
represent the beginning of a new and deeper B-type lense, which
also occurs within the alteration zone rocks. We will continue to
focus our investigations on locating the source for this mobilized
mineralization."
All technical information in this release has been reviewed by
Dr. George Gale, P.Eng., Vice President, 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/.
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
Vortex Metals (TSXV:VMS)
Historical Stock Chart
From Jun 2024 to Jul 2024
Vortex Metals (TSXV:VMS)
Historical Stock Chart
From Jul 2023 to Jul 2024