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VMS Expands Copper-Rich Mineralization With an Additional Nine Drill Holes at Its Reed Lake Discovery Zone at Snow Lake, Manitoba

Posted on: Thursday, 14 August 2008, 06:00 CDT

VMS Ventures Inc. (TSX VENTURE: VMS) (the "Company") continues to expand its copper-rich Discovery Zone at Snow Lake. The mineralization has been identified in a total of 39 drill holes and has been intersected in the last 16 consecutive drill holes. The geometry and total strike length of the mineralized zone are currently unknown, however significant continuity is demonstrated by drill results.

Diamond Drill Highlights Include:

RD-08-61: 119.37m (391.62ft) of Near Solid Sulphide (NSS) and Sulphide Veinlets

RD-08-65: 108.27m (355.21ft) of NSS and Sulphide Veinlets

RD-08-58: 25.81m (84.68ft) of NSS

RD-08-59: 25.35m (83.17ft) of NSS and Sulphide Veinlets

 TABLE ONE MINERALIZED INTERVALS DRILL HOLES RD-08-57 to RD-08-65 (Assays Pending) --------------------------------------------------------------------------- DRILL        FROM      TO   INT(i) HOLE           (m)     (m)     (m)  MINERALIZATION DESCRIPTION --------------------------------------------------------------------------- RD-08-57   116.33  118.37    2.04   Near Solid Sulphide --------------------------------------------------------------------------- RD-08-58   251.36   277.0   25.64   Near Solid Sulphide --------------------------------------------------------------------------- RD-08-59   199.83  225.18   25.35   Near Solid Sulphide - Sulphide Veinlets --------------------------------------------------------------------------- RD-08-60   326.22  326.46    0.24   Near Solid Sulphide --------------------------------------------------------------------------- And        331.88  332.56    0.68   Near Solid Sulphide --------------------------------------------------------------------------- RD-08-61   139.00  142.34    3.34   Near Solid Sulphide --------------------------------------------------------------------------- And        143.14  144.89    1.75   Near Solid Sulphide --------------------------------------------------------------------------- And        215.68  335.05  119.37   Near Solid Sulphide - Sulphide Veinlets --------------------------------------------------------------------------- Inc        254.57  270.70   16.13   Near Solid Sulphide --------------------------------------------------------------------------- RD-08-62   120.02  122.31    2.29   Near Solid Sulphide --------------------------------------------------------------------------- RD-08-63   119.13  122.46    3.33   Near Solid Sulphide --------------------------------------------------------------------------- RD-08-64   115.39  125.11    9.72   Near Solid Sulphide --------------------------------------------------------------------------- And        127.16  130.86    3.70   Near Solid Sulphide --------------------------------------------------------------------------- RD-08-65   143.55  251.82  108.27   Near Solid Sulphide - Sulphide Veinlets --------------------------------------------------------------------------- Inc        143.55  152.25    8.70   Near Solid Sulphide --------------------------------------------------------------------------- (i) True thickness of mineralized interval is unknown 

The current drill plan will develop a cross section of the mineralized zone by fanning two or three drill holes oriented perpendicular to the apparent strike of the zone from each collar location. The cross sections constructed to date indicate good vertical and lateral continuity and suggest the mineralization is open to depth. The dip appears to be sub-vertical with a northerly bias. The strike has an apparent azimuth of 260 degrees, slightly south of due west.

Concurrent with the drilling, borehole geophysical surveys are underway to identify anomalies that represent extensions of mineralization.

Analytical data from soil geochemical surveys undertaken in the Discovery Zone-Tower Zone areas have recently been received and interpretation is ongoing.

All technical information in this release has been reviewed by Lawrence Norquay M.Sc., P.Geo, Senior Project Geologist, VMS Ventures Inc.

VMS Ventures Inc. is focused primarily on acquiring, exploring and developing copper-zinc properties in the Flin Flon-Snow Lake VMS Belt. The Company also holds the largest land package considered prospective for nickel-copper mineralization at Lynn Lake, which is to date Canada's third largest nickel producing camp. The Company's project portfolio consists of the Snow Lake VMS project, the Lynn Lake Gabbros nickel-copper project, the Nickel Belt project, the South Bay nickel-copper-cobalt PGE property, and the Eden Lake Carbonatite Complex, Specialty Metals property. All VMS Ventures Inc. properties are located in the mining friendly province of Manitoba, Canada.

ON BEHALF OF THE BOARD OF DIRECTORS

John Roozendaal B.Sc., President & Director

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

 Contacts: VMS Ventures Inc. Keith Patey Director of Communications (604) 986-2020 or Toll Free: 1-866-816-0118 (604) 986-2021 (FAX) Website: www.vmsventures.com  Coal Harbor Communications Dale Paruk (604) 662-4505 or Toll Free: 1-877-345-3399  

SOURCE: VMS Ventures Inc.

Source: MARKET WIRE

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