GREY:VMSTF - Post by User
Comment by
STOCKRUSon Apr 03, 2012 4:53pm
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Post# 19754913
RE: Like duh..........
RE: Like duh.......... I think that's what VMS is doing .... "Drill and promote the 100% owned properties and seperate Reed"
VMS Ventures COO , states: "2012 promises to be an exciting year with exploration and development planned for the Reed Copper deposit and surrounding exploration properties. The HudBay and VMS joint management committee have approved a budget for a 4,000 metre diamond drill program focusing on targets around the Reed Copper deposit and an additional 4,000 metres on the option properties, with a primary focus on the Reed North target. Recent work by VMS and HudBay has resulted in the discovery of two additional mineralized zones within our option properties. These recent discoveries are further evidence supporting our belief in the camp scale potential at the Reed project. The drilling will occur as soon as freeze-up and site preparation is completed
I would expect NR on drill results well before the summer of 2012.