VMS Ventures drills 2.04 m of 1.76% Zn at Copper

VMS Ventures Inc (C:VMS)
Shares Issued 123,123,955
Last Close 4/26/2011 $0.51
Wednesday April 27 2011 - News Release

Mr. John Roozendaal reports

VMS VENTURES DISCOVERS MASSIVE SULPHIDE HORIZON WITH ZINC-SILVER-GOLD MINERALIZATION AT ITS COPPER PROJECT, NEAR SNOW LAKE, MANITOBA

VMS Ventures Inc. has discovered zinc-gold-silver mineralization in drill holes CP-11-006 and CP-11-012 at its Copper project near Snow Lake. The Copper project is the one of the Company's largest continuous 100% owned land packages, covering an area of approximately 200 square kilometres (80 sq miles), and is located 30 km south of the Town of Snow Lake.

The drilling targeted anomalies located 3.5 km south of provincial road 39 in the northeast corner of the Copper project. The discovery was made testing Versatile Time-Domain Electromagnetic (VTEM) anomalies.

Neil Richardson, VMS' Chief Operating Officer states: "We are pleased with the results of this winters' drilling campaign at our Copper project. We have discovered a new volcanogenic massive sulphide horizon with intense alteration and highly anomalous zinc-gold-silver mineralization. Additional work is now being planned for this horizon. Drill testing of additional VTEM anomalies in this area will be conducted, as VMS deposits tend to occur in clusters along such horizons. The massive sulphide deposits of the Flin Flon - Snow Lake Belt are all located within volcanic rocks which have undergone intense hydrothermal alteration. This alteration is evidence of extensive fluid flow through the volcanic host rocks. The fluids which caused the alteration have carried base and precious metals, as evidenced by the enrichment of metals zinc, gold, silver and copper. This discovery warrants further exploration in this summer's upcoming program."

The discovery hole, CP-11-006, intersected 2.04m of 1.76% zinc in an altered mafic tuff. Hole CP-11-012 intersected highly altered basalts with disseminated sulphides from 169.52 - 194.50m, including a narrow solid sulphide intersection at 189.27 - 190.05m. BHPEM surveys indicate a large anomaly near the intersections that requires follow-up. Holes CP-11-007 to CP-11-011 tested additional VTEM anomalies elsewhere on the project area, see table below.

Assay Data:





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                                 Length                   Au     Ag

Hole Number    From (m)   To (m)     (m)  Cu %   Zn %   (g/t)  (g/t)   Zone

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CP-11-006       226.11   228.15    2.04   0.05   1.76   0.03   0.93   CM-33

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   CP-11-007 to 011                   No Significant Assays

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CP-11-012       179.73   183.50    3.77   0.05   0.54   0.06   0.72   CM-33

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CP-11-012       189.27   190.61    1.34   0.01   0.17   0.85  12.07   CM-33

                                                                      Lower

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                         - True widths unknown -

Qualified Person

All technical information in this release has been reviewed by Dr. Mark Fedikow, P.Geo, who is the Qualified Person for the Company and Vice President of Exploration and Technical Services, VMS Ventures Inc.

Quality Assurance and Quality Control

Exploration core drilling was NQ size. The core was logged and mineralized intersections were marked for sampling and assaying by geologists and geotechnicians employed by VMS Ventures Inc. The marked intersections or intervals were sawn in half by a diamond saw and one half of the core was placed in plastic bags and tagged with unique sample numbers, while the second half was returned to the core box and stored. Chemical analyses reported in this press release were performed by TSL Laboratories in Saskatoon. Base metals were analyzed through atomic absorption spectrometry after a multi-acid digestion whereas gold was analyzed by fire assay Atomic Absorption using a 30 g assay ton, with gravimetric finish for assays greater than 3 g/t. Sampling and analytical procedures are subject to a comprehensive Quality Assurance and Quality Control program that includes duplicate samples, blanks a and analytical standards.

The Company's Reed Lake deposit (NI 43-101 compliant Indicated Mineral Resource of 2.6MT of 4.52% copper - in press release dated April 1, 2011, see table below) is currently being developed by VMS Ventures joint venture partner HudBay Minerals Inc. (HBM: TSX, HBM : NYSE), VMS is a 30% owner and is carried to production.

Reed Lake NI-43-101 Mineral Resource - April 01, 2011





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                      Mineral Resource               Contained Metal

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                        Au    Ag   Cu   Zn    Au

Category      Tonnes  (g/t) (g/t)  (%)  (%)   oz  Ag oz     Cu lbs   Zn lbs

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Indicated  2,550,000  0.64  7.86 4.52 0.91 52469 644382  253572000 51051000

Inferred     170,000  0.38  4.55 4.26 0.52  2077  24868   15932400  1944800

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