VMS Ventures Inc.: Drill Hole RD-08-73 Intersects 11.70 Metres of 6.12% Copper, at Reed Lake Discovery Zone, Snow Lake, Manitoba
December 10 2008 - 6:30AM
Marketwired
VMS Ventures Inc. (TSX VENTURE: VMS) (the "Company") is pleased to
announce results from drill hole RD-08-73 at its Reed Lake
Discovery Zone near Snow Lake, Manitoba.
Highlights:
- RD-08-73 Intersects: 11.70 metres (38.39 feet) of 6.12%
Copper
TABLE I
REED LAKE DRILLHOLE RD-08-73(i)
----------------------------------------------------------------------
FROM TO INTERVAL SILVER GOLD
HOLE ID (m) (m) (m) COPPER ZINC (g/t) (g/t)
----------------------------------------------------------------------
RD-08-73 314.24 316.96 2.72 1.46 0.09 6.30 0.03
----------------------------------------------------------------------
RD-08-73 425.55 433.82 8.27 1.60 0.11 3.31 0.03
----------------------------------------------------------------------
RD-08-73 447.59 459.29 11.70 6.12 0.13 9.26 0.33
----------------------------------------------------------------------
(i) True Thickness unknown
Vice President of Exploration, Dr. George Gale, states: "Hole
RD-08-73 was drilled below, and at the same azimuth as, holes
RD-08-61, RD-08-51 and RD-08-54 near the western edge of our
drilling pattern, but approximately 25 m east of the western most
section drilled. The intersection confirms that mineralization
continues to a depth of more than 350 m in this part of the
deposit. The geological and geophysical borehole models indicate
that both A and B lenses plunge towards the west and southwest and
are still open west of the last section drilled."
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, 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