VMS REPORTS REED MINE UPDATE VMS Ventures Inc. has provided an update to shareholders on the progress made at the Reed mine, near Flin Flon, Man. VMS Ventures owns 30 per cent of the Reed mine, and HudBay Minerals Inc. owns 70 per cent and is the operator.
Reed mine
The Reed mine continues with no lost-time accidents and the focus is on ramp development down to 185-metre level.
Highlights for May, 2014:
- 809 days with no lost-time accidents;
- Development advanced 233 metres in May, 1,432 metres year to date at an average of 9.5 metres per day;
- Production of 40,621 tonnes, total of 147,864 tonnes year to date;
- Mined from zone 30; stopes on 85-metre level and 135-metre level and development ore from both zone 20 and 30 on 135-metre level.
Neil Richardson, chief operating officer, states, "We are very pleased to see the Reed mine continue along with no lost-time accidents and on track to meet production targets."
The focus for June will remain on safety and continued ramp development to the 185-metre level and ore production from zone 30 stopes.