|
DRILL HOLE RD-08-61 INTERSECTS 100.19 METRES
OF 3.59% COPPER, INCLUDING 9.71 METRES OF 17.79% COPPER AT REED LAKE DISCOVERY
ZONE, SNOW LAKE MANITOBA
October
1,
2008
Vancouver, B.C., October 1,
2008 VMS Ventures Inc. (TSX-V: VMS) (the “Company”) is pleased to announce assay
results from drillholes RD-08-58, RD-08-59, RD-08-60 and RD-08-61 at its Reed
Lake Discovery Zone near Snow Lake, Manitoba.
Highlights:
Including 40.50 metres (132.87 feet) of 7.79% Copper
Including 16.33 metres (53.58 feet) of 14.58% Copper
Including 9.71 metres (23.59 feet) of 17.79% Copper
Including 13.03 metres (42.75 feet) of 3.36% Copper
TABLE ONE
REED LAKE DRILLHOLES*
RD-08-58, RD-08-59, RD-08-60
and RD-08-61
|
HOLE ID |
FROM
(m) |
TO
(m) |
INTERVAL
(m) |
COPPER
(%) |
ZINC
(%) |
SILVER
(g/t) |
GOLD
(g/t) |
|
RD-08-58 |
251.36 |
278.10 |
26.74 |
2.51 |
0.05 |
Pending |
Pending |
|
inc |
259.80 |
272.83 |
13.03 |
3.36 |
0.06 |
Pending |
Pending |
|
RD-08-59 |
125.23 |
125.80 |
0.57 |
2.76 |
0.63 |
Pending |
Pending |
|
and |
185.01 |
223.41 |
38.40 |
0.92 |
0.05 |
Pending |
Pending |
|
and |
221.41 |
223.41 |
2.00 |
6.94 |
0.26 |
Pending |
Pending |
|
RD-08-60 |
326.22 |
327.10 |
0.88 |
2.40 |
0.90 |
Pending |
Pending |
|
and |
331.88 |
332.56 |
0.68 |
1.15 |
0.07 |
Pending |
Pending |
|
RD-08-61 |
139.00 |
144.89 |
5.89 |
2.26 |
0.98 |
Pending |
Pending |
|
and |
231.51 |
331.70 |
100.19 |
3.59 |
0.11 |
Pending |
Pending |
|
inc |
231.51 |
272.01 |
40.50 |
7.79 |
0.07 |
Pending |
Pending |
|
inc |
254.37 |
270.70 |
16.33 |
14.58 |
0.13 |
Pending |
Pending |
|
inc |
254.37 |
264.08 |
9.71 |
17.79 |
0.14 |
Pending |
Pending |
|
and |
372.32 |
373.25 |
0.93 |
3.61 |
0.51 |
Pending |
Pending |
*True
Thickness unknown
Vice President of Exploration, Dr. George Gale states, “Hole
61 demonstrates that the B lense has potential to host exceptional copper
grades. The lower intersection at 372.32 m may very well represent the beginning
of a new and deeper B-type lense, which also occurs within the alteration zone
rocks. We will continue to focus our investigations on locating the source for
this mobilized mineralization.”
All technical information in
this release has been reviewed by Dr. George Gale, P.Eng., Vice President, VMS
Ventures Inc.
VMS Ventures Inc. currently has
a profile on Corebox.net which is updated as soon as assay results are released.
The link to visit our Corebox profile is:
http://www.corebox.net/properties/reed_lake/.
VMS Ventures Inc. is focused primarily on acquiring, exploring and developing
copper-zinc properties in the Flin Flon-Snow Lake VMS Belt. The Company also
holds the largest land package considered prospective for nickel-copper
mineralization at Lynn Lake, which is to date Canada’s third largest nickel
producing camp. The Company’s project portfolio consists of the Snow Lake VMS
project, the Lynn Lake Gabbros nickel-copper project, the Nickel Belt project,
the South Bay nickel-copper-cobalt PGE property, and the Eden Lake Carbonatite
Complex, Specialty Metals property. All VMS Ventures Inc. properties are located
in the mining friendly province of Manitoba, Canada.
ON BEHALF OF THE BOARD OF DIRECTORS
John Roozendaal B.Sc.
President & Director
For further information contact:
|
Keith Patey,
Director of Communications
Telephone: (604) 986-2020
Toll Free: 1-866-816-0118 |
Dale Paruk
Coal Harbor Communications
Telephone: (604) 662-4505
Toll Free: 1-877-345-3399 |
The TSX Venture exchange does not accept responsibility for the
adequacy or
accuracy of this release.
|
