Dear VMS Followers,

Today, HudBay Minerals informed the market of their substantial 2011 commitment to the Flin Flon Snow Lake VMS belt.

Their detailed announcement/plan is linked to below and we were pleased to be highlighted at the top: "Extension of Gold Zone at Lalor and New Copper Mineralization at Reed Lake".

The details we provided you on Friday are further down in the release, including the fact that HudBay now has two drills turning. The first is conducting in-fill drilling to determine the extent and nature of the mineralization back from the step out hit and the second is drilling deeper exploration holes down plunge to the west of the deposit.

We are looking forward to more good news from the Reed Lake drilling.

You can find the full HudBay release on their website, by clicking here: http://investor.shareholder.com/hbm/releasedetail.cfm?ReleaseID=536285

Best regards,

Rick Mark
CEO
VMS Ventures Inc.
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