VMS Receives First In-Fill Drill Results From Reed Lake Joint Venture Project
VMS Ventures Inc. (CVE:VMS) announce drill and assay results from the first phase of drilling at the Reed Lake project, a base metal massive sulphide-type deposit near HudBay Minerals Inc.’s concentrator in Flin Flon, Manitoba, Canada.
VMS Ventures Inc. (TSXV:VMS) announce drill and assay results from the first phase of drilling at the Reed Lake project, a base metal massive sulphide-type deposit near HudBay Minerals Inc.’s concentrator in Flin Flon, Manitoba, Canada.
The press release is quoted as saying:
A $3 million budget for work on the property for the remainder of 2010 was approved at a joint management committee meeting held in Flin Flon on September 9, 2010. Over the coming months a total of 20 holes are expected to be drilled into the deposit on six sections spaced roughly 40 – 50 metres apart which are intended to enable the National Instrument 43-101 mineral resource estimate.
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