Dear VMS followers,

Today's release is the first of a two part report to the market on our progress at the Reed Lake Discovery Zone. You will find it below and I encourage you to take a few minutes and review it. We have tried to write it so all of us non-geologists can more easily understand the process our team is going through to understand and develop this deposit.

Part two, a more detailed geological report, will be released next week. It's intended audience is the Geologist/Analyst group which is the next cadre of influential investors we want to engage. This report will also be available to all on the website.

The next step in this current story telling process will be John Roozendaal joining me in Toronto, Ottawa and potentially Montreal or New York from May 20th through the 23rd to present the story to existing shareholders and potential investors.

Finally, I anticipate we will be organizing an analysts tour to visit our operations in Snow Lake within the next month or so.

It is an exciting time. I believe this is a more compelling story today than it has ever been. We can now confidently point to a deposit in the ground, we have a much better understanding of that deposit and we are well financed to do much more.

Please stay in touch.

Best regards,

Rick Mark

CEO, VMS Ventures