VMS Ventures Begins Tower Zone Ground Geophysical Survey and Commences Summer Mapping Program Near Snow Lake, Manitoba
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 17, 2009) - VMS Ventures
Inc. (TSX VENTURE:VMS) (the "Company") is pleased to announce that a deep
penetrating ground geophysical survey is now underway testing the
southeastern extent of the Tower Zone anomaly identified during the
spring/winter program. Also, the summer 2009 geological mapping program has
begun on the Company's claims in the Snow Lake base metals camp.
Tower Zone DeepEM Survey
The deep penetrating geophysical survey now underway at the Tower Zone will
cover up to 40 line km of newly cut grid lines and extend survey coverage a
further 1.5 km further east of the last line surveyed on the Highway
Zone-Tower Zone anomaly. The anomaly as measured to date extends over a
distance of approximately 2km southeastwards from the Highway Zone
copper-zinc occurrence and is modeled to be between 200m - 400m depth from
surface. Vice President of Exploration, Dr. George Gale states: "Evidence
of copper-zinc-gold-silver mineralization near the western end of the
anomaly at the Highway Zone and the VMS-type alteration with trace copper
and zinc sulphide minerals along the same trend at the Tower Zone, is very
encouraging and greatly enhances the prospectivity of this target area."
2009 Mapping Program
Two geologists and a geological assistant have now begun a 100 day mapping
study over the Puella Bay, Sails Lake and Morton Lake properties, which are
all situated north of the Flin Flon-Snow Lake VMS belt's dolomite covered
rocks. Each of these properties have large areas of exposed Precambrian
rocks, and it is in these older rocks that the base metal deposits are
hosted. The mapping will focus on locating areas with favorable deposit
geology such as felsic volcanic units and areas with VMS related alteration
minerals.
Puella Bay
The program will start at the Puella Bay project, with an initial focus on
an area where the Company staked an additional 30 claims (75 sq km or 29 sq
miles) in early 2009. That decision was based on two separate discoveries.
First, in the 2009 Puella Bay drill program, two holes encountered an
extensive VMS-type alteration zone with minor amounts of copper and zinc
present. Second, Company geologists discovered a new precious metal-bearing
exhalative unit with up to 1.4 g/t gold within the Puella Bay rhyolite by
re-logging and analyzing samples from historic, archived drill core from
the property.
This previously unrecognized mineralized strata on the east flank of the
Puella Bay project extends the prospective geology for an additional 11 km.
In addition to the geological mapping, the Company plans to undertake rock
geochemical mapping surveys to identify and delineate additional VMS-type
alteration zones within the 20 km long portion of the Puella Bay rhyolite
complex being examined this summer. Samples of rock will be collected and
analyzed to provide evidence of alteration which is best detected by
geochemical methods.
Sails Lake
At the Sails Lake project, mapping is expected to commence in early July
and focus on delineation of volcanic stratigraphy. Previous maps show the
area to be underlain by mafic rocks, however, reconnaissance investigations
by VMS Ventures in 2007, indicate that the area contains subaqueous felsic
volcanic rocks, and distinctive mafic volcanic rocks that are visually
identical to those found immediately above the rocks hosting the HudBay
Minerals Anderson Lake VMS deposit at Snow Lake, approximately 25 km to the
west.
Company geologists are enthusiastic about this property due to the presence
of strong VTEM conductors on the property and in particular a 2 km long
ground EM conductor, which is coincident with a unit of exhalite-bearing
rocks. Minor zinc and copper are exposed in a trench that cuts this
exhalite and a historic drill hole with 7.2% zinc over 60 cm appears to
have cut the same unit in an area with multi-element soil geochemical
responses. Vice President of Exploration, Dr. George Gale states: "The
coincidence of significant zinc mineralization directly related to a 2 km
conductor with key volcanogenic massive sulphide associated rock units such
as the exhalite-bearing rocks makes this fertile ground for the discovery
of new base metal deposits."
Morton Project
The Morton Lake project will be investigated in a reconnaissance manner
later in the summer with the aim of delineating the felsic volcanic units
that host the Dickstone copper-zinc deposit. This past producing mine, held
by Xstrata, is located approximately 500m from the western boundary of the
Company's claims in the area. Occurrences of base metal mineralization
hosted within felsic volcanic rocks have been described from several
locations on the Morton property and these will be investigated to
determine their relationship to the rocks hosting the Dickstone deposit.
All technical information in this release has been reviewed by Dr. George
Gale, P.Eng, who is the Qualified Person for the Company and Vice President
of Exploration, VMS Ventures Inc.
VMS Ventures Inc. currently has a profile on Corebox.net which is updated
as soon as assay results are released. The link to visit our Corebox
profile is: http://www.corebox.net/properties/reed_lake/.
GLTA
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