VMS Ventures Inc.: Drill Hole RD-08-71 Intersects 39.71 Metres of 4.04% Copper, at Reed Lake Discovery Zone, Snow Lake Manitoba
November 26 2008 - 3:35PM
Marketwired
VMS Ventures Inc. (TSX VENTURE: VMS) (the "Company") is pleased to
announce results from drill holes RD-08-68, RD-08-69, RD-08-70 and
71 at its Reed Lake Discovery Zone near Snow Lake, Manitoba.
Highlights:
- RD-08-71 Intersects: 39.71 metres (130.28 feet) of 4.04%
Copper
TABLE ONE
REED LAKE DRILLHOLES(i)
RD-08-70 and RD-08-71
---------------------------------------------------------------
FROM TO INTERVAL COPPER ZINC SILVER GOLD
HOLE ID (m) (m) (m) (%) (%) (g/t) (g/t)
---------------------------------------------------------------
RD-08-70 408.95 413.43 4.48 0.25 0.03 2.54 0.0
---------------------------------------------------------------
RD-08-71 282.03 285.03 3.0 0.36 0.88 4.2 0.01
---------------------------------------------------------------
RD-08-71 445.39 485.1 39.71 4.04 0.31 6.88 0.23
---------------------------------------------------------------
(i)True Thickness unknown
Vice President of Exploration, Dr. George Gale states: "Hole
RD-08-68 was drilled to test for mineralization below hole
RD-08-67. Hole RD-08-69, was designed to test the eastern extension
of the mineralization. These holes intersected only the mafic
intrusion and did not intersect either the A or B lense. No further
holes will be drilled in that area of the deposit, until a clearer
geological picture and geophysical target is developed. Holes
RD-08-70 and RD-08-71 tested the western extension of both the A
and B lenses. Both drill holes intersected the A lense. Hole
RD-08-71 also intersected the central parts of the B lense, whereas
hole RD-08-70 overshot the top of the B lense. Holes 68 and 69
determined what may be the eastern extent of the B lense. Holes 70
and 71 are on the western most section drilled to date. Borehole
geophysical surveys indicate that both lenses are still open to the
west of the section containing holes 70 and 71."
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
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