Editor's Note: There are 2 photos associated with this Press Release.

VMS Ventures Inc. (TSX VENTURE: VMS) (the "Company") has completed its diamond drill testing of phase one targets, at the Tower Zone, on its 100% held Reed 5188 and Reed 5196 claims. The program consisted of three holes and the extension of a previous hole for a total of 1809 metres. Diamond drill hole (TZ-08-01) was extended to assess a Borehole Pulse Electromagnetic (BHPEM) anomaly. All drill holes intersected sulphide mineralization explaining the Surface Pulse Electromagnetic (DPEM) and coincident Versatile Time-Domain Electromagnetic (VTEM) anomalies.

The phase one targets are located within 1500 m of the Company's Reed Lake Discovery Zone, which has produced numerous significant drill results beginning with the Discovery Hole announcement October 4, 2007, which included an intercept of 10.50 m of 11.19% copper within 43.05 m of 4.38% copper. http://www.vmsventures.com/newsroom/NRG107.asp

Two of the holes intersected near solid sulphide with disseminated chalcopyrite and sphalerite at, or near, the contact between sericitized and silicified altered rhyolite and basalt volcanic units. The occurrence of alteration, such as this, at or near the contact of felsic and mafic volcanic units is an important characteristic for copper-zinc-gold-silver deposits in the Flin Flon - Snow Lake mining camp and in other major VMS deposit districts around the world.

The stratigraphic interval within the felsic volcanic centre that hosts the Discovery Zone has now been interpreted to continue at least 2 km to the southeast through the Tower Zone area. This key stratigraphy also appears to extend to the northeast for an additional 1.3 kilometers through and near the area of VMS' phase two drill targets (see image 1).

Vice President of Exploration and Technical Services, Dr. Mark Fedikow, states: "The presence of visible chalcopyrite and sphalerite in anastomozing pyrrhotite - pyrite veins within highly silicified and sericitized quartz-phyric, rhyolitic volcanic rocks confirms the presence of VMS-type alteration and a plumbing system for base metal massive sulphide mineralization. Of critical importance is the recognition of key volcanic components that comprise a productive stratigraphy potentially hosting multiple base metal deposits between the Discovery Zone, the Tower Zone and elsewhere along this horizon. Ongoing geophysical and geochemical surveys will assist us in exploring and extending this stratigraphy and targeting additional base and precious metal-bearing conductive zones."

Claims Reed 5188 and Reed 5196 are part of the Company's extensive Reed Lake property package in the Snow Lake mining district of Manitoba, which the Company is now referring to as the Reed Lake Super Zone. It is approximately 550 hectares in size, contains numerous untested conductive features and is known to host three mineralized zones (Discovery, Tower and Highway).

The Super Zone has been defined on the basis of "AdTau" (see image 2), which is a calculated measurement derived from the analysis and interpretation of Versatile Time-domain Electromagnetic system (VTEM) data. AdTau is a direct indication of rock conductivity. The metal-rich mineralization that comprises VMS-type deposits typically produces strong conductivity responses. The 550 hectare Reed Lake Super Zone is interpreted to be highly prospective for this style of deposit. The Company is building its Super Zone exploration plans based on the hypothesis that it may host a VMS camp of several deposits.

Core logging is nearing completion and core samples will be sent for analysis shortly. Assays will be reported as they become available. Borehole electromagnetic surveying has been completed and the interpretation of the data will be available by mid January and integrated into phase two exploration planning. Surface pulse electromagnetic and borehole pulse electromagnetic surveys have been refined over the last few years, thus allowing explorationists to now see deeper targets and multiple horizons, such as the Lalor Lake deposit of HudBay Minerals Inc.

Phase two of the Tower Zone drill campaign will commence following compilation and integration of all data from our phase one program and should begin in late January, 2010. Phase two will focus on new targets, northeast of the Tower Zone, which were identified from an earlier compilation of exploration data and targets generated from phase one. Up to 3,000 metres of diamond drilling is budgeted for phase two.

All technical information in this release has been reviewed by Dr. Mark Fedikow, P.Geo, who is the Qualified Person for the Company and Vice President of Exploration and Technical Services, 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/.

Investors are invited to visit the VMS Ventures IR Hub at http://www.agoracom.com/IR/VMSVentures where they can post questions and receive answers or review questions and answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to VMS@agoracom.com where they can also request to be added to the investor e-mail list to receive all future press releases and updates in real time.

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 and the South Bay nickel-copper-cobalt PGE 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

To view the photos associated with this press release, please visit the following links:

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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts 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) www.vmsventures.com Coal Harbor Communications Dale Paruk (604) 662-4505 or Toll Free: 1-877-345-3399

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