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VMS Ventures Reports Progress on the Reed Mine

Written by Investing News Network
|
Dec. 17, 2013 11:33AM PST

VMS Ventures Inc. (TSXV:VMS) provided an update on the Reed mine near Flin Flon Manitoba. In the month of November 294 metres of underground development were completed, reaching a total of 2,079 metres. Project development reached 1,662 metres with an additional 417 metres of pre-production development.

VMS Ventures Inc. (TSXV:VMS) provided an update on the Reed mine near Flin Flon Manitoba. In the month of November 294 metres of underground development were completed, reaching a total of 2,079 metres. Project development reached 1,662 metres with an additional 417 metres of pre-production development.
As quoted in the press release:

During the month of November the project reached a number of milestones including:

  • Surpassing 2,000 metres of total underground project and pre-production development
  • 627 consecutive days without a lost time accident
  • Completion of 85 metre level ore development from zones 30 and 20 and production of 13,154 tonnes of ore
  • Completion of two ventilation raises from the 85 to 50 metre levels
  • Commissioning of the main fresh air ventilation 600 HP fan on 50 metre level
  • Project remains on budget and on schedule

Click here to read the VMS Ventures Inc. (TSXV:VMS) press release
Click here to see the VMS Ventures Inc. (TSXV:VMS) profile.

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