Dear VMS Followers,

In our various marketing meetings since November, and in particular in our meetings in New York last week, I have been surprised at how many investors, brokers and analysts have been under the impression that our Reed Lake Project JV partner, HudBay Minerals, either owns, or is participating in many of our other projects. I would like to make clear to our shareholders that is not the case. Our property map, on slide 7 of our San Francisco PowerPoint describes our "ready to drill" 100% owned property package well. You can access the PowerPoint on our website by clicking here:

The Reed Lake properties, we now share with HudBay Minerals, are also accurately described in the Power Point. I suggest you look closely at slide 14 which details the many anomalies within the JV and option agreement properties.

While HudBay continues to drill at, and around, the Reed Lake deposit, today's announcement provides a look at how we will be drilling concurrently on our 100% owned properties this winter in the Snow Lake region.

Our geologists are set for a very busy Manitoba winter.

Best regards,

Rick Mark
CEO
VMS Ventures Inc.