VMS Ventures Reports 58.89 Metres of 1.21 g/t Gold Including 9.89 Metres of 5.13 g/t Gold in Diamond Drill Hole SA-10-007, Sails Lake Property Near Snow Lake, Manitoba

VMS Ventures Inc. (TSX-V:VMS) announced that drilling of base metal and gold targets on its Sails Lake property is complete.

Highlights:

Drill hole SA-10-007 intersected 58.89m of 1.21 g/t gold Including 9.89m of 5.13g/t gold

Neil Richardson, VMS' Chief Operating Officer states: "We are obviously pleased with the results of hole SA-10-007. They indicate the potential for a low grade - bulk tonnage deposit on our Sails Lake project, though it should be noted that some very high-grade gold was intersected within the mineralized interval. High-grade gold mineralization has also been discovered in outcrop elsewhere on the property from historic exploration and these occurrences will be investigated in subsequent programs. The mineralization of the Long Zone consists of disseminated blebs, specks and bands of arsenopyrite within a silicified - albitized alteration halo in a diorite host rock. Additional geophysical, geological and geochemical surveys and diamond drilling are now being planned for early Q2 2011."

The Sails Lake property is located 25 km east of the mining community of Snow Lake, Manitoba and consists of 8 claim blocks covering an area of approximately 1900 hectares. The diamond drilling program tested multiple base and precious metal targets with ten (10) holes drilled for a total of 1967.31 metres. This program is independent of the drill program, and other activities at the Reed Lake deposit, operated by HudBay Minerals Inc. (HBM: TSX) under a Joint Venture agreement announced July 6, 2010.

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