VMS Ventures provides drilling results

VMS Ventures Inc., a Canada based mining company, which is focused primarily on acquiring, exploring and developing copper-zinc properties in the Flin Flon Snow Lake VMS Belt, reports on its ongoing exploration program at the Reed Lake Discovery Zone near Snow Lake, Manitoba.

Drilling results suggests that short copper-zinc mineralised intervals are present in RD-08-25, RD-08-40 and RD-08-42, which represent areas of shearing that displaced most of the mineralized section. Similar displaced sections exist in other drill holes, such as RD-08-15.

Providing further details, the company said that drill holes RD-08-42 to 47 and RD-08-49 intersected both altered footwall and hanging wall rocks but no significant intervals of sulphide. Hole RD-08-42 entered a near vertical shear above the targeted depth and deviated away from the target.

Holes RD-08-48 and RD-08-50 were positioned to test copper rich intersections of mineralization to the southwest in hole RD-08-38. Hole RD-08-50 intersected 15 metres of Near Solid Sulphide (NSS), which extends the NSS lens to the SW. Drill hole RD-08-48 intersected extensive, weakly altered footwall rocks but did not reach the target depth.

Dr. George Gale, VP Exploration, said the results from drill hole RD-08-41 indicate that there are very high-grade copper sections to this deposit. It is also noteworthy that this is the deepest intersection of mineralisation to date at approximately 350 m from surface.

The high-grade copper zones may represent a copper-rich footwall zone that is stratigraphically below the solid sulphide lens. This intersection is one of several high-grade copper zones intersected to date that require more detailed drilling to determine true thickness.