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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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From: UPTICK1/29/2008 9:24:28 AM
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VMS....has the goods!...

VMS drills 26.27 m of 1.0% Cu and 4.48% Zn at Reed

2008-01-29 07:55 ET - News Release

Mr. John Roozendaal reports

VMS VENTURES INC.: 6 HOLES INTERSECT NEAR SOLID SULPHIDES; ASSAY RESULTS FOR TWO AT REED LAKE, MANITOBA DISCOVERY ZONE

VMS Ventures Inc. has released the assay results and an update on the progress of its continuing drill program at the Reed project discovery zone near Snow Lake, Man.

Highlights:

Hole RD 07 07: 26.27 metres (86.19 feet) of 1.0 per cent copper and 4.48 per cent zinc;
Including 2.03 metres of 4.06 per cent copper and 3.8 metres of 10.75 per cent zinc;
Hole RD 07 10: 43.08 metres (141.34 feet) of 0.72 per cent copper and 4.27 per cent zinc;
Including 10.26m of 8.26 per cent zinc;
Hole RD 07 12: 32.73m (107.38 feet) of near solid sulphide, assays pending;
Hole RD 08 14: 31.39m (102.99 feet) of near solid sulphide, assays pending;
Hole RD 08 20: 48.39m (158.73 feet) of near solid sulphide, assays pending.

Vice-president of exploration, Dr. George Gale, states: "We are very encouraged by the initial follow-up results to the discovery hole announced in October, 2007. We have intersected additional mineralization with similar lengths and values typical of those in operating mines in the area. We have intersections of near solid sulphides at depths as shallow as 30 metres and as deep as 170 metres from surface. Preliminary Deep EM results also suggest that the deposit is open at depth. Drill results to date indicate a near vertical dip to the mineralization
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