VMS Ventures reports on progress in the development of the mine Reed

 

Vancouver, British Columbia, 1. November 2013. VMS Ventures Inc. (TSX-V:VMS) (“VMS Ventures” or the “Business”) inform its shareholders about the current progress in the development of the mine Reed, which is located near the town of Flin Flon, Manitoba, Canada. VMS Ventures has 30 % of the shares and is involved after the establishment of production operation of the production. Hudbay Minerals Inc. (TSX:HBM)(NYSE:HBM) (“Hudbay”) has 70 % of the shares and is project operator.

VMS Ventures announced today, HudBay that by the end of September, the project to a total of 1.505 Meter is able to expand laterally; were alone in the month of September 250 Meter, are the average 8,3 Meter pro Tag, developed. In September, the first test run took place for processing ore material from the reed Hudbays plant project in Flin Flon.

Other important advances were in the month with the completion of the underground magazine for storage of explosives, achieved, the washer and the shelter. A new promotion drill was delivered and the establishment of mining camps for the accommodation of employees was also completed. Until the end of September, a total of 565 Been completed days of operation without accidental interruptions.

The plant is planned in compliance with the predefined parameters at the latest in budgeting 2. Quarter 2014 go into full operation.

Neil Richardson, VMS Ventures COO von, to: “A milestone on the way to full operation is to open up the main ramp, that we get to three mineralized lenses. From these three lenses, the Reed deposit is composed. The team responsible for the development were on average 8,3 Penetrate meters per day, and thus achieve the best monthly result so far in the project development. The second test run was recently completed.”

On the website of VMS (http://www.vmsventures.com/investors/photo-gallery) You will find a slideshow, in which the progress of the work is documented.

About VMS Ventures Inc.:

VMS Ventures Inc. focuses primarily on the acquisition, the exploration and development of copper-zinc-gold-silver massive sulphide deposits in the Flin Flon belt VMS Snow Lake, Manitoba. The VMS project portfolio of the Company currently comprises the Reed Mine, is a joint venture with HudBay Minerals as 70/30-Joint venture and to 4. Quarter 2013 to be expanded into a production facility, das Projekt Copper, das Projekt McClarty Lake, das Projekt Sails Lake, das Projekt Puella Bay und das Projekt Morton Lake. In addition to the Snow Lake Mining Camp, the company also owns concession areas with massive sulphide potential close to the former copper-zinc mines Fox Lake and Ruttan. These areas are located near the communities Lynn Lake and Leaf Rapids in northern Manitoba. The concession areas are located in the Canadian province of Manitoba, prevail in particularly favorable conditions for mining. The company also signed an option agreement for the concession area in the Black Creek Mining Camp Sudbury.

VMS Ventures is about 23,9 % an North American Nickel Inc. (TSX VENTURE: NAN) involved. For more information about North American Nickel Inc. see www.northamericannickel.com.

Forward-looking statements

Some of the information contained in this press release are forward-looking statements and therefore subject to known and unknown risks and uncertainties. Statements regarding potential mineralization and resources, Exploration results and future plans and objectives of the Company are forward-looking statements, the different risks include. The following important factors could cause, that the company's actual results to differ materially from those, which were mentioned directly or indirectly in such forward-looking statements: Changes in the international mineral commodity prices, general market conditions, typical risks associated with mineral exploration, Risks associated with the development, Establishment and promotion, the uncertainty of future profitability and the uncertainty of the availability of additional capital. It can not be guaranteed, that turn out to be forward-looking statements as truthful. Actual results and future events could differ materially from such statements. VMS Ventures Inc. is not required, in the event of a change in circumstances or management's estimates and points of view to perform a correction of the forward-looking statements. Readers are advised, not unconditionally rely on forward-looking statements.

FÜR DAS BOARD OF DIRECTORS:
John Roozendaal, B.Sc.,
President

VMS Ventures Inc.

The TSX Venture Exchange nor its Regulation Services Provider (described in the policies of the TSX Venture Exchange Regulation Services Provider) assume no responsibility for the adequacy or accuracy of this release.

Contact:

VMS Ventures Inc.
Evan Sleeman
Director
(604) 986-2020 or
Such: 1-866-816-0118 (toll-free)

For the correctness of the translation is any liability assumed! Please note original English message!

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