The Reminder is making its archives back to 2003 available on our website. Please note that, due to technical limitations, archive articles are presented without the usual formatting.
The junior miner with stakes in the Reed mine and other Snow Lake area mineral properties continues to explore the region. Vancouver-based VMS Ventures recently completed drill testing at its wholly-owned base metal massive sulphide-type targets in the Snow Lake Greenstone Belt. All targets have been selected for drill testing subsequent to the integration of electromagnetic surveys and soil geochemistry, coupled with a review of historic exploration databases. The company completed 13 holes, with two holes abandoned due to low water supply, for a total of 3,259.9 metres. 'We continue to see excellent correspondence between our geophysical targets and the drill results in explaining the anomalies,' said Neil Richardson, chief operating officer of VMS. Richardson said the 'cold winter and spring have been exceptionally good for skid-mounted drilling with frozen ground providing good access to many of our planned targets.' 'The cold weather created some problems with small ponds frozen solid, providing an inadequate water source for drilling of two targets,' he added. Drilling for this season was completed in mid-April. Final assay results for some holes were outstanding as of press time. Aside from its wholly-owned properties, VMS also owns 30 per cent of the Reed mine now being developed by Hudbay. Reed is located between Snow Lake and Flin Flon. VMS is focused primarily on acquiring, exploring and developing copper-zinc-gold-silver massive sulphide deposits in the Flin Flon-Snow Lake. Neither the TSX Venture Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of information supplied by VMS. _ Compiled from a VMS Ventures news release
