VMS Ventures Inc. (TSX VENTURE:VMS) ("VMS" or the "Company") is pleased to
report that the Company has formed a joint venture with Hudbay Minerals Inc.
(TSX:HBM)(NYSE:HBM) ("Hudbay") respecting four separate but contiguous claim
blocks surrounding the Reed Copper Project, near Snow Lake, Manitoba. The joint
venture properties, consisting of the Tower Zone, Super Zone, Northeast Zone and
Northwest Zone, were under option from VMS to Hudbay pursuant to option
agreements entered into on July 5, 2010. Hudbay completed its obligations under
the option agreements and the parties formed the Reed Exploration Properties
Joint Venture, in which VMS holds a 30% interest and Hudbay holds a 70%
interest. 


CEO Rick Mark states: "The merging of the four separate claim groups into a
single joint venture simplifies the administration of these properties and
ensures that exploration activities can be focused on the most prospective
areas, regardless of where they are located. There are a number of promising
targets on these properties and we look forward to continued exploration success
with Hudbay." 


Under the terms of the joint venture agreement, Hudbay will make an immediate
payment of $610,000 to VMS.


The Company's geological team is currently meeting to review and assess drill
targets for the upcoming winter exploration season on properties in Manitoba
that are 100% owned by VMS. Development work on the mine at the Reed Copper
Project is progressing well and VMS expects to update shareholders soon.


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 Lake Mine, which is subject to a 70-30 JV with HudBay Minerals and is
scheduled for production in Q3- 2013, 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 27M shares of North American Nickel Inc. (TSX
VENTURE:NAN). For more information on North American Nickel Inc., please visit
www.northamericannickel.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. 


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.

FOR FURTHER INFORMATION PLEASE CONTACT: 
VMS Ventures Inc.
Evan Sleeman
Director
(604) 986-2020 or Toll Free: 1-866-816-0118
www.vmsventures.com
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