VMS Ventures Inc.: Potential for High Nickel Recoveries at Imiak and Spotty Hill on North American Nickel's Maniitsoq Project...

VMS Ventures Inc. (TSX VENTURE:VMS) ("VMS Ventures" or the "Company") is pleased
to announce that North American Nickel Inc. (TSX VENTURE:NAN) ("North American
Nickel" or "NAN"), issued a press release this morning announcing the results of
QEMSCAN mineralogical analyses. VMS owns approximately 27.5% of NAN. The release
is as follows:

"North American Nickel is pleased to announce that it has received a report on
the results of mineralogical studies performed by SGS Canada Inc. ("SGS") on
three samples of mineralized drill core selected by NAN from NAN's 100% owned
Maniitsoq Ni-Cu-Co-PGE sulphide project in southwest Greenland. Two of the
samples came from the Imiak Hill zone and one from the Spotty Hill zone.

The objectives of the study were to identify and quantify the nickel, copper and
cobalt-bearing minerals within the samples and to determine the liberation and
association characteristics of the nickel and copper sulphides. A copy of the
report is posted on the NAN website
(http://northamericannickel.com/files/doc_downloads/14021-001%20NA%20Nickel%205010-APR13%20Final%20Mineralogical%20Report.pdf).
Highlights and selected results are presented below.

John Pattison, North American Nickel's Chief Geologist states: "QEMSCAN is a new
technology that gives us a detailed picture of the mineralogy of our sulphide
mineralization and host rocks and how it might affect the metallurgy in a
mining/processing scenario. At this early stage of exploration it is very
helpful for management and investors to know that, based on the mineralogical
characteristics of the samples analyzed, there is potential for high nickel
recoveries from both the Imiak and Spotty Hill zones."

QEMSCAN REPORT HIGHLIGHTS

-- All three samples show high potential nickel recovery. Mineralogically
limiting grade-recovery curves indicate maximum potential nickel grades
of 35% at recoveries of 84 to 87%.

-- Pentlandite is the main nickel-bearing mineral and it contains 95.5 to
96.3% of all the nickel in the samples. Silicate hosted nickel comprises
less than 1% of all the nickel.

-- Pentlandite P80 grain sizes range from 53 to 65 um.

-- Total potentially floatable pentlandite ranges from 96.3 to 97.6%.

-- All copper is hosted by chalcopyrite. Chalcopyrite P80 grain sizes range
from 30 to 40 um.

-- Potential recoveries for copper are variable across the samples.
Mineralogically limiting grade-recovery curves indicate maximum
potential copper grades of 34% at recoveries of 52 to 77%.

-- Total potentially floatable chalcopyrite ranges from 87.1 to 95.4%.

-- Pentlandite and pyrite are the main hosts of the cobalt in the samples.

KEY RESULTS

Modal Analysis

The modal analyses (in wt%) for the three samples are listed in Table 1. All
three contain significant quantities of pyrrhotite and pentlandite (8.2 to
12.3%). Amphibole is the dominant silicate mineral in samples from Imiak Hill
(L163163 and L163164) while orthopyroxene is the main silicate mineral in the
sample from Spotty Hill (L163593).

To view "Table 1: Bulk Modal Analysis of Samples", please visit the following
link: http://media3.marketwire.com/docs/611vms_tab1.jpg.

Nickel, Copper and Cobalt Deportment

For the three samples, pentlandite contains 95.5 to 96.3% of the overall nickel
in the sample while pyrrhotite hosts 2.7 to 4.0% and pyrite 0.02 to 0.17%. The
silicate minerals (ortho- and clinopyroxene, amphibole and biotite / phlogopite)
account for just 0.50 to 0.91% of the total nickel.

The copper in all three samples is contained entirely within chalcopyrite.

Cobalt is mainly contained within pentlandite (89.4%) in sample L163163 but in
samples L163164 and L163593 it is split about evenly between pentlandite (45.4
to 54%) and pyrite (46 to 54.6%).

Grain Size

The P80s (80% passing criteria, represents the particle or mineral grain size at
which 80% is finer than this value) of the minerals and overall particles are
presented in Table 2.

To view "Table 2: P80s of Minerals Calculated by QEMSCAN (by mass).", please
visit the following link: http://media3.marketwire.com/docs/611vms_tab2.jpg.

Liberation Characteristics of Pentlandite and Chalcopyrite

In QEMSCAN liberation analysis, particles are classified into the following
categories based on the exposed 2D surface area of the mineral-of-interest in
percent:

Free = greater than 95% surface area exposure of pentlandite
(Pn) or chalcopyrite (Cpy).
Liberated = greater than 80 surface area exposure of Pn or Cpy.
Non-Liberated but Pn (or Cpy) with other mineral(s) combined show greater
Floatable = than 95% surface area exposure, where Pn (or Cpy) shows
greater than 20% surface area exposure.
Not Floatable = Pn (or Cpy) with greater than 20% surface area exposure
combined with two or more other mineral groups or Pn (or
Cpy) surface exposure is less than 20%.

The predicted flotation characteristics for pentlandite and chalcopyrite are
summarized in tables 3 and 4, respectively. Total potentially floatable
pentlandite ranges from 96.3 to 97.6% and total potentially floatable
chalcopyrite ranges from 87.1 to 95.4%.

To view "Table 3: Prediction of Flotation Characteristics of Pentlandite.",
please visit the following link:
http://media3.marketwire.com/docs/611vms_tab3.jpg.

To view "Table 4: Prediction of Flotation Characteristics of Chalcopyrite",
please visit the following link:
http://media3.marketwire.com/docs/611vms_tab4.jpg.

Grade-Recovery Analyses

Mineralogically limiting grade-recovery analyses provide an indication of the
theoretical maximum achievable elemental grade by recovery, based on the
calculated mass of minerals and the total mass in each liberation category
(individual particle liberation and grade). It is important to note that these
results do not reflect any other physical factors (or flotation reagent
kinetics) that could occur in the actual metallurgical process, such as possible
fine-grained (less than 10 um) sulphide and/or gangue entrainment (diluents) or
very fine sulphide intergrowths on liberated grains that would make selective
flotation difficult. Therefore, predicted results show much higher
grade-recovery relationships than are actually achievable from the process.
Nevertheless they do provide an indication of the potential nickel and copper
recoveries. The mineralogically limiting grade-recovery curves for nickel and
copper are presented in figures 1 and 2.

All three samples show remarkably consistent high predicted recoveries for
nickel. For sample L163163, the grade-recovery curve indicates the maximum
possible Ni grade is approximately 35% at a recovery of 86%. For L163164, the
maximum possible Ni grade is approximately 35% at a recovery of 87%. For L163593
the maximum possible Ni grade is approximately 35% at a recovery of 84%.

For sample L163593, from the Spotty Hill zone, the maximum possible copper grade
is approximately 34% at a Cu recovery of 72%.

Despite the fact samples L163163 and L163164 both come from the Imiak Hill zone
and are contiguous samples in the same hole, their grade-recovery curves differ
considerably. The curve for sample L163163 indicates the maximum possible Cu
grade is approximately 34% at a Cu recovery of 52%. For L163164 the maximum
possible Cu grade is approximately 34% at a Cu recovery of 77%.

Further study is required, but the relatively poor indicated recovery for sample
L163163 may, at least in part, be related to the fact that of the three samples
this one has the least amount of chalcopyrite.

To view "Figure 1: Predicted Nickel Grade vs. Recovery", please visit the
following link: http://media3.marketwire.com/docs/611vms_graph1.jpg.

To view "Figure 2: Predicted Copper Grade vs. Recovery", please visit the
following link: http://media3.marketwire.com/docs/611vms_graph2.jpg.

BACKGROUND AND METHODOLOGY

NAN submitted the three drill core samples listed in Table 5 to SGS's Lakefield
Advanced Mineralogy Facility for QEMSCAN mineralogical analysis. Two samples
(L163163 and L163164) came from hole MQ-12-001, which was drilled on the Imiak
Hill zone, and one sample (L163593) came from hole MQ-12-005, which tested the
Spotty Hill Zone. Both holes were drilled in 2012 by NAN. The Imiak and Spotty
Hill showings are located within 1.5 km of each other in the northern part of
the Greenland norite belt on mineral exploration licence 2011/54 belonging to
NAN.

To view "Table 5: Samples used in the study (assay results are from analyses
performed by Activation Laboratories Ltd. in 2012).", please visit the following
link: http://media3.marketwire.com/docs/611vms_tab5.jpg.

SGS stage-ground the samples to 90% passing 150 um (approx. 80% passing 106 um)
and prepared a graphite-impregnated polished section from a sub-sample of each
sample. The polished sections were then analysed by QEMSCAN.

QEMSCAN is an acronym for Quantitative Evaluation of Materials by Scanning
Electron Microscopy. It is an automated system that is configured to measure
mineralogical variability based on chemistry at the micrometer-scale. QEMSCAN
utilizes both the back-scattered electron (BSE) signal intensity as well as an
Energy Dispersive X-ray (EDS) signal at each measurement point. EDS x-ray counts
or spectra are used to assign mineral identities to each measurement point by
comparing against a known mineral species identification program (SIP) or
database. Mineral speciation, quantitative modal abundance and elemental
deportment can be determined. Textural information such as core mapping,
particle and mineral grain size and shape, mineral liberation, mineral
associations, porosity, and matrix density can be captured and reported
numerically and graphically.

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 President, North American
Nickel 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, which is subject to a 70-30 JV with HudBay Minerals and,
subject to receipt of required permits, is scheduled for production in Q4-2013,
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 the Black Creek property in
the Sudbury mining camp.

VMS Ventures owns approximately 27.5% 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 the costs, plans and schedule to develop the Reed Copper
Project, 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
Toll Free: 1-866-816-0118
www.vmsventures.com

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