https://www.engineeringnews.co.za

Company Announcement: VMS Ventures Finalizes upcoming 2013 Winter Drill Program on its 100% owned Manitoba Properties

21st January 2013

  

Font size: - +

VMS Ventures Inc  (0.45 MB)

VMS Ventures Inc.  is pleased to announce that permits have been received and drill tenders are in progress for the 2013 winter drilling program on its 100% owned Manitoba properties. Work permits have now been received for all 100% owned projects within the Flin Flon - Snow Lake greenstone belt. Some permits have restrictions, including the use of existing winter roads to limit new winter road development. Some projects will be drilled by skid mounted equipment, while others will be
drilled with a helicopter supported lighter weight “fly drill” where road access is not available. VMS Ventures COO Neil Richardson states: “This winter’s freeze up has come early and the conditions are excellent for our Manitoba drilling program. All of these targets are on our 100% owned ground, so we are excited to get the drills turning. I expect the program will be completed before the end of April.”

Diamond drilling tenders have been sent out to drill contractors. The drill contract should be awarded onJanuary 31, 2013, with drilling planned to start on February 6, 2013. The program is budgeted at approximately $1.2 million, and includes the drilling of between 3,000 and 3,400 metres in 16 to 20 holes. All target areas are within the Flin Flon – Snow Lake VMS greenstone belt of Manitoba. The Reed East and Reed West properties are adjacent to our Joint Venture property with Hudbay Minerals Inc. (TSX: HBM)(NYSE:HBM). Prospective targets planned to be tested on this property include those with coincident Mobile Metal Ion (MMI) zinc anomalies and VTEM conductivity and magnetic anomalies. The adjacent Joint Venture property hosts the Reed Copper Deposit which is currently under development by Hudbay Minerals with production commencing in Q1 of 2014.
 

To watch Creamer Media's latest video reports, click here
 

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Alco-Safe
Alco-Safe

Developed to exceed the latest EN 15964 standards for police breathalysers proving that it will remain accurate and reliable for many years to come.

VISIT SHOWROOM 
Egoli Gas (Pty) Ltd
Egoli Gas (Pty) Ltd

As a reticulator, Egoli Gas provides natural gas to homes and businesses via underground pipes.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.048 0.853s - 140pq - 2rq
Subscribe Now