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VMS VENTURES INC. VMSTF



GREY:VMSTF - Post by User

Bullboard Posts
Post by axegirl1on Dec 11, 2012 10:52am
314 Views
Post# 20712662

History of Reed East/West Property (winter drill p

History of Reed East/West Property (winter drill p
Its going to be very interesting to see what transpires from this winter drill program. Very Prospective for sure...........
Neil Richardson, VMS Ventures COO states: "We have many quality targets this winter, but we are particularly excited to get the drills turning on our newly acquired Reed East and Reed West properties. We consider them highly prospective as they cover a large area of the same volcanic rock package that hosts our high grade Reed Copper Deposit and Reed North base metal occurrences. VMS deposits tend to occur in clusters, within a specific package of these types of volcanic rocks."

Diamond drilling is scheduled to begin in February and is expected to continue through April. Plans call for a budget of approximately $1.2 million which includes drilling 3,000 to 3,400 metres in 16 to 20 diamond drill holes. All target areas are within the Flin Flon - Snow Lake VMS greenstone belt of Manitoba.

Reed East and Reed West are adjacent to our Joint Venture property with Hudbay Minerals, which hosts the Reed Copper Deposit, currently being developed into a mine. These properties include targets with coincident Mobile Metal Ion (MMI) zinc anomalies and VTEM anomalies.

https://www.vmsventures.com/Projects/Manitoba-Properties/ReedLake/Reed-East-West/default.aspx

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