VMS Ventures Contracts Westcore Drilling for 2013 Winter Drill Program
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/31/13 -- VMS
Ventures Inc. (TSX VENTURE:VMS) ("VMS" or the "Company") is pleased
to announce that it has now awarded a drilling contract to Westcore
Drilling from Salmo, British Columbia for the 2013 winter drill
program, which is scheduled to begin on February 6, 2013.
This program targets VMS' 100% owned exploration properties
throughout the Flin Flon - Snow Lake greenstone belt. The Company
expects to test between 16 and 20 targets over the next three months.
Drilling will begin on the Reed East project, situated approximately
8 kilometers northeast of the Reed Copper project. The program will
initially focus on targets below the Paleozoic cover before moving
north to the Sails Lake and Sails East projects.
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 21M shares 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.
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.
VMS Ventures Inc.
(604) 986-2020 or Toll Free: 1-866-816-0118
Press spacebar to pause and continue. Press esc to stop.