VMS Ventures Inc, (VMS), is a leading company exploring
and developing Volcanogenic Massive Sulphide projects in mining friendly
Manitoba, Canada (1). VMS has assembled and controls one
of the largest land positions on the Flin Flon – Snow Lake belt,
second only to HudBay Minerals (HBM – TSX). The company’s
mission is to find and develop a new base metals deposit in Canada.
Manitoba Exploration:
- World-class Copper, Zinc, Gold and Silver mining camp
- 24-deposits discovered
- Producing ore worth more than $29 billion.
- Deposits average 5-million tonnes & more than $1.5-billion
gross metal value
VMS Investment Highlights
The Company has a management team with extensive knowledge of the
region and historic exploration. The V.P. of Exploration is George
Gale, Ph.D. former department head of the Mineral Deposits Section
at Manitoba Geological Survey.
- Major Presence
controlling the 2nd largest land package on Flin Flon –
Snow Lake Belt
- Large-scale Projects
acquired through the expert guidance and direction of Dr. Gale
- Lynn Lake Nickel Project
has 5 of 7 known Gabbroic Plugs
(1953-78 Lynn Lake Mine produced 20m+
tonnes of Nickel-Copper ore from the 2 other Gabbroic Plugs)
- Historically Lynn Lake is the 3rd largest nickel producing
camp in Canada
- South Bay 30 km2
- High-grade Nickel discovery in September 2004
- Snow Lake 70 km2 in three-property groupings known as Reed
Lake, Sails Lake & Cover Project
Exploration Highlights
- Drill ready targets- Drilling underway at Reed Lake
- VTEM & Geochem surveys used to identify drill targets
- J/V partnership & strategic relationship opportunities
- Infrastructure – located in the vicinity of smelters,
mills, roads, rail & utilities
| Share
Capitalization |
| Issued
& O/S |
|
|
71,659,998 |
| |
Warrants |
Approx |
24,763,389 |
| |
Options |
Approx |
4,192,000 |
| Fully Diluted |
|
Approx |
100,615,387 |
|
(1) The reference of “mining friendly Manitoba, Canada”
to describe the operating environment and risk assessment was made
from information obtained in a 2007 Fraser Institute study.
|
