VMS Ventures Inc.: Drill Hole RD-08-65 Intersects 99.32 Metres of 1.08% Copper, at Reed Lake Discovery Zone, Snow Lake, Manitoba
October 29 2008 - 6:30AM
Marketwired
VMS Ventures Inc. (TSX VENTURE: VMS) (the "Company") is pleased to
announce assay results from drill holes RD-08-65 and RD-08-66 at
its Reed Lake Discovery Zone near Snow Lake, Manitoba.
Highlights:
- RD-08-65 Intersects: 99.32 metres (325.85 feet) of 1.08% Copper
Including: 17.41 metres (57.12 feet) of 2.04% Copper
- RD-08-66 Intersects: 4.40 metres (14.44 feet) of 4.46% Copper
TABLE ONE
REED LAKE DRILLHOLES(i)
RD-08-65, RD-08-66
----------------------------------------------------------------
FROM TO INTERVAL COPPER ZINC SILVER GOLD
HOLE ID (m) (m) (m) (%) (%) (g/t) (g/t)
----------------------------------------------------------------
RD-08-65 143.55 242.87 99.32 1.08 0.11 1.84 0.03
----------------------------------------------------------------
Including 143.55 160.96 17.41 2.04 0.42 5.27 0.12
----------------------------------------------------------------
RD-08-66 84.90 89.30 4.40 4.46 1.65 11.31 0.78
----------------------------------------------------------------
(i) True Thickness unknown
Vice President of Exploration, Dr. George Gale, states: "Hole
RD-08-65, drilled from the same setup location as drill holes 62
and 64, intersected a large interval of sulphide veinlets on the
western side of the deposit. Drill hole RD-08-66 tested the near
surface, up-dip projection of mineralization intersected previously
in holes 12, 58 and 60 on the eastern side of the deposit.
Dr. Gale adds: "Hole RD-08-66 intersected the "A" zone with its
characteristic copper and zinc mineralization; and also what is
interpreted to be the very upper edge of the "B" zone mineralized
body further down the hole. Hole RD-08-66 provides evidence for
continuity of both zones of mineralization and demonstrates that
the mineralization comes within 60 metres of surface in that part
of the deposit."
All technical information in this release has been reviewed by
Dr. George Gale, P.Eng., 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/.
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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