VMS Ventures Inc.: Maniitsoq 2014 Exploration Program Update
Drill Equipment in Nuuk; Team arrives June 13th
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 29, 2014) - VMS Ventures Inc. (TSX VENTURE:VMS) ("VMS Ventures" or the "Company") is pleased to announce that North American Nickel Inc. (TSX VENTURE:NAN) ("North American Nickel" or "NAN"), issued a press release this morning announcing that the drill and drilling equipment that will be used at the Imiak Hill Conduit Complex have arrived in Nuuk, Greenland and has been off-loaded from the ship for NAN's southwest Greenland Maniitsoq project. VMS Ventures owns approximately 22% of NAN.
The release is as follows:
"North American Nickel Inc. is pleased to announce that the drill and drilling equipment that will be used at the Imiak Hill Conduit Complex have arrived in Nuuk, Greenland and has been off-loaded from the ship.
The drill crews and North American Nickel's geological team will be arriving in Nuuk on June 13th.
North American Nickel has finalized its geological team for the 2014 Maniitsoq program. The team has been assembled, and is led, by COO Neil Richardson. It is a bigger, more experienced group this year and will work in two shifts. It consists of Team A: Jim Sparling (Project Manager), Chris Roney and Darrel Turcotte; and, Team B: Jamie Lavigne, Kevin Wells, and Scot Halladay. The two teams represent combined exploration/mining experience of over 150 years.
NAN President, Mark Fedikow and Principal Nickel Consultant, Patti Tirschmann will also spend time on the ground at Maniitsoq this season reviewing core, mapping and assisting the geological teams.
Ground Geophysics Update
Crone Geophysics has now completed 655 gravity stations and 67 kilometers of surface Time-Domain Electromagnetics (TDEM) at the Imiak Hill Conduit Complex (IHCC).
The gravity crew has completed an additional 126 stations at Fossilik and the TDEM crews are now working on the Fossilik grid and have approximately 20 kilometers of surveying remaining to complete the spring geophysical program.
The results from both programs are expected over the next few weeks.
Qualified Person
All technical information in this release has been reviewed by Dr. Mark Fedikow, P.Geo, who is the Qualified Person for the Company and President, North American Nickel Inc."
About VMS Ventures Inc.:
VMS Ventures Inc. is focused primarily on acquiring, exploring and developing copper-zinc-gold-silver massive sulphide deposits in the Flin Flon-Snow Lake VMS Belt of Manitoba. The Company's VMS project property portfolio consists of the Reed mine, which is subject to a 70-30 JV with Hudbay Minerals and achieved initial production in Q4-2013, Copper Project, McClarty Lake Project, Sails Lake Project, Puella Bay Project and Morton Lake Project. Outside of the Snow Lake camp, the Company holds massive sulphide prospective properties near the past producing Fox Lake and Ruttan copper-zinc mines, near the communities of Lynn Lake and Leaf Rapids in northern Manitoba. These properties are located in the mining friendly province of Manitoba, Canada. The Company also has optioned the Black Creek property in the Sudbury mining camp.
VMS Ventures owns approximately 22% of North American Nickel Inc. (TSX VENTURE:NAN). For more information on North American Nickel Inc., please visit www.northamericannickel.com.
ON BEHALF OF THE BOARD OF DIRECTORS
John Roozendaal, B.Sc., President
Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this news release.
Contact
VMS Ventures Inc.
Evan Sleeman
Director and Corporate Secretary
(604) 986-2020 or Toll Free: 1-866-816-0118
www.vmsventures.com