VMS Ventures Inc. (TSX VENTURE:VMS) ("VMS") is pleased to announce an update on
permits at the Reed Copper deposit. The Reed Copper deposit is located 120
kilometres from Flin Flon, Manitoba and is the subject of a Joint Venture with
HudBay Minerals (TSX:HBM)(NYSE:HBM) ("HudBay"). VMS owns 30% of the Reed Joint
Venture.


The Manitoba government has approved the Reed Copper Advanced Exploration Permit
("AEP") closure plan and issued the lease of park land property for the
operation of the mine development activities. The AEP allows the extraction of a
10,000 tonne bulk sample and will provide confirmation of the mineralized
widths, metal grades and the conditions of the ground. Testing of the extracted
bulk sample will be done in the Flin Flon metallurgical complex. Site
preparation will begin in Q1 and the decline will commence in the second half of
2012. 


VMS CEO, Rick Mark states: "Now that the AEP has been approved, HudBay will
commence site preparation for the removal of a 10,000 tonne bulk sample by late
2013. For VMS shareholders, this is an important milestone in developing the
Reed Mine and bringing us ever closer to full production at Reed." 


Additional details on the NI 43-101 geological resource or the Preliminary
Economic Assessment of the Reed Copper deposit are available at www.sedar.com.


Qualified Person

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. 


About VMS Ventures Inc.

VMS Ventures Inc. is focused primarily on acquiring, exploring and developing
copper-zinc-gold-silver massive sulphide deposits in the Flin Flon-Snow Lake VMS
Belt of Manitoba. The Company's VMS project property portfolio consists of the
Reed Copper Project, McClarty Lake Project, Sails Lake Project, Puella Bay
Project and Morton Lake Project. Outside of the Snow Lake camp, the Company
holds massive sulphide prospective properties near the past producing Fox Lake
and Ruttan copper-zinc mines, near the communities of Lynn Lake and Leaf Rapids
in northern Manitoba. These properties are located in the mining friendly
province of Manitoba, Canada. The Company also has optioned three properties in
the Sudbury mining camp. They are Terra Incognita, Golden Pine and Black Creek. 


VMS Ventures owns approximately 45% of North American Nickel Inc. (TSX
VENTURE:NAN). For more information on North American Nickel Inc., please visit
www.northamericannickel.com. 


Forward Looking Statement

Some of the statements contained herein may be forward-looking statements which
involve known and unknown risks and uncertainties. Without limitation,
statements regarding potential mineralization and resources, exploration
results, and future plans and objectives of the Company are forward-looking
statements that involve various risks. The following are important factors that
could cause the Company's actual results to differ materially from those
expressed or implied by such forward-looking statements: changes in the world
wide price of mineral commodities, general market conditions, risks inherent in
mineral exploration, risks associated with development, construction and mining
operations, the uncertainty of future profitability and the uncertainty of
access to additional capital. There can be no assurance that forward-looking
statements will prove to be accurate as actual results and future events may
differ materially from those anticipated in such statements. VMS Ventures Inc.
undertakes no obligation to update such forward-looking statements if
circumstances or management's estimates or opinions should change. The reader is
cautioned not to place undue reliance on such forward-looking statements.


ON BEHALF OF THE BOARD OF DIRECTORS

John Roozendaal, B.Sc., President 

VMS Ventures Inc.

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