Note to shareholders

Copper-zinc exploration in the Flin Flon-Snow Lake VMS Belt

Recent Results Include 6.69% Copper Over 71.69 Metres and 3.74% Copper Over 21.77 Metres

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Goldstar40

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Note to shareholders

posted on Jun 01, 2010 08:27PM

Dear VMS followers,

Today’s release (below) informs the market that VMS and HudBay have agreed to extend their target for getting the definitive Reed Lake agreements complete to June 18, 2010.

As I mention in the release, the quantity of paper (basically six agreements) and the complexities of the mining and milling agreement have made the process more time consuming then we originally anticipated. I assure you this is our highest priority and we are pushing very hard to complete ahead of the June 18 target.

Best Regards,

Rick Mark
CEO & Chairman

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