VMS Ventures Inc. (fka VMSTF)

[Renee]

VMSTF acquired. FINRA deleted symbol:

http://otce.finra.org/DLDeletions

[dj4321]

CEO Interview February, 2014


Link

[dj4321]

Reed Copper Project Commences Initial Production



VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 1, 2013) - VMS Ventures Inc. (TSX VENTURE:VMS) ("VMS Ventures" or the "Company") is pleased to update shareholders on the progress made at the Reed Copper Project, near Flin Flon Manitoba. VMS Ventures owns 30% of the project and is carried to production. Hudbay Minerals Inc. (TSX:HBM) (NYSE:HBM) ("Hudbay") owns 70% and is the Operator.

VMS Ventures announced today that joint venture partner and operator Hudbay has received the Environment Act Licence for the Reed Copper Project from the Manitoba government and has commenced initial production. The licence permits the operation of the Reed mine, a 1,300 tonnes/day underground copper mine, and its supporting infrastructure.

Hudbay has informed VMS that a bulk sample of approximately 7,000 tonnes of ore was mined under the Advanced Exploration Project permit and a metallurgical batch test of 4,500 tonnes of ore was milled in late September at Hudbay's Flin Flon concentrator. The 7,000 tonnes of ore, from the upper Zone 30, was mainly mined on 65 m Level with only 1 round (approximately 300 to 400 tonnes) taken on the 45 m Level.

Full production remains on the planned schedule to commence in first half of 2014 and the project remains within the estimated budget parameters.

Neil Richardson, VMS Ventures' COO states: "The receipt of the Environment Act Licence and the successful extraction of the bulk sample are both significant milestones for the project. The Licence confirms the care and diligence taken by our JV partner and operator Hudbay in moving the project forward within mandated environmental guidelines while the extraction of the bulk sample project is the first step towards full production at Reed".

Please visit the VMS website at http://www.vmsventures.com/investors/photo-gallery to view a slide show of progress on the Reed Copper Project.

About VMS Ventures Inc.:

VMS Ventures Inc. is focused primarily on acquiring, exploring and developing copper-zinc-gold-silver massive sulphide deposits in the Flin Flon-Snow Lake VMS Belt of Manitoba. The Company's VMS project property portfolio consists of the Reed Copper Project, which is subject to a 70-30 JV with Hudbay Minerals and is scheduled for production in Q4-2013, Copper Project, McClarty Lake Project, Sails Lake Project, Puella Bay Project and Morton Lake Project. Outside of the Snow Lake camp, the Company holds massive sulphide prospective properties near the past producing Fox Lake and Ruttan copper-zinc mines, near the communities of Lynn Lake and Leaf Rapids in northern Manitoba. These properties are located in the mining friendly province of Manitoba, Canada. The Company also has optioned the Black Creek property in the Sudbury mining camp.

VMS Ventures owns approximately 27.5% of North American Nickel Inc. (TSX VENTURE:NAN). For more information on North American Nickel Inc., please visit www.northamericannickel.com.

[dj4321]

VMS Ventures Inc.

Significant Near Solid to Solid Sulphide Mineralization Intersected

“North American Nickel's Imiak Hill drilling program at Maniitsoq has intersected the most significant sulphide mineralization to date and remains open at depth”


VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 23, 2013) - VMS Ventures Inc. (TSX VENTURE:VMS) ("VMS Ventures" or the "Company") is pleased to announce that North American Nickel Inc. (TSX VENTURE:NAN) ("North American Nickel" or "NAN"), issued a press release this morning announcing diamond drill hole MQ-13-026 intersected an 18.62 metre core length of sulphide mineralization averaging approximately 40 - 45% total sulphides, including numerous sections containing 65% to 80% sulphides,. VMS owns approximately 27.5% of NAN.


The release is as follows:

"North American Nickel is pleased is pleased to announce that diamond drill hole MQ-13-026 intersected an 18.62 metre core length of sulphide mineralization averaging approximately 40 - 45% total sulphides, including numerous sections containing 65% to 80% sulphides, within noritic host rocks at the Imiak Hill nickel-copper-cobalt zone on the Maniitsoq project.(see MQ-13-026 table) This is the latest of three sulphide intersections, all described in this release, that have been drilled at Imiak Hill in 2013. Drill core has been logged, samples sawed in half and shipped to ALS Chemex in Sweden for analysis. Assay results for all three holes are pending and further drilling is planned.


NAN COO, Neil Richardson, states: "We are very pleased to report that drill hole MQ 13-026 is the best intersection we have seen to date with intense sulphides clearly present and our BHEM surveys indicate that Imiak Hill is still open down plunge. It is also important to note is that the intensity of the sulphide mineralization, as shown in the three holes referenced in this release is increasing with depth. It is common knowledge that most nickel deposits occur at, or near the base of, mafic intrusions, so we will continue to follow the high grade mineralization down towards the base of the Imiak Hill mafic norite intrusion with additional drilling and borehole geophysics."

News Link:

News Release
Figures 1 to 3 are available at the following address:

CORE & MAPS

Website

[dj4321]

Thanks elkonig,

There have been no revenues to date with any of the companies.
Here's more info on VMS Ventures (an update see below)

These are speculative stocks except for VMS.V/VMSTF as VMS will have revenues from their Reed Mine JV.

THE REED COPPER MINE
PROGRESS & UPDATE

534 Meters of Underground Development Completed


Vancouver, B.C., May 24, 2013 VMS Ventures Inc. (TSX-V:VMS) (“VMS Ventures” or the “Company”) is pleased to update shareholders on the progress made in the month of April at the Reed Copper Project, near Flin Flon, Manitoba. VMS Ventures owns 30% of the project and is carried to production. HudBay Minerals Inc. (TSX:HBM)(NYSE:HBM) ("Hudbay") owns 70% and is the Operator.
Considerable progress was made at the Reed Copper Project in the month of April, including:

(i) Underground development advanced 171 metres and represents the greatest monthly advance rate since development commenced on the project; underground development at the project is now 534 metres;

(ii) Sinking of the 16 ft diameter ventilation raise from surface is now 66% complete;

(iii) Two permanent 1.6 Mw generators and the electrical house were commissioned into service, replacing three temporary generators;

(iv) A new communication system was installed; and

(v) A fire-fighting well pump was commissioned.

The focus during the month of May is the continued development of the underground ramp and the vent raise, along with ongoing construction activities.

COO Neil Richardson states: “We were pleased with the improvements to the advance rates of the ramp and ventilation raise during the month of April, which are key components to the Reed project’s development. Reed continues to develop as planned and remains on budget. It is noteworthy to mention that mine and camp construction have now proceeded for 412 days with no lost time accidents”.

On May 1, 2013, Hudbay reported that approximately $37 million of the $72 million capital construction budget for the project has been invested as of the end of the first quarter of 2013 with an additional $13 million committed as of that date.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About the Reed Mine:


? Initial production at Reed is expected by Q 4 - 2013 and will ramp up to full production of approximately 1,300 tonnes per day by Q1 - 2014.

? Average expected reserve ore grades of 3.83% copper, 0.48 g/t gold and 6.02 g/t silver, slightly better than PEA due to the exclusion of the inferred resources in the pre-feasibility study.

? Assumed metal recoveries in HudBay’s Flin Flon Concentrator of 94% copper, 58% gold and 62% silver.

? Production ~ 17,000 tonnes of copper metal concentrate per year.

? Total operating costs estimated to average approximately $90 per tonne milled ($67 per tonne mining, $16 per tonne milling and $7 per tonne administration) over a five year mine life.

? Sustaining capital expenditures are expected to total approximately $52 million over the five year mine life.

? Pre-Feasibility pre-tax NPV (8%) of $57.4 million using weighted average metal prices of US$2.95/lb. for copper, US$1,269.09/oz. for gold and US$24.78/oz. for silver.

? Forecasted cash flow of $102 million dollars to the JV or a 34.7% IRR.


VMS Ventures owns approximately 27.5% of North American Nickel Inc. (TSX VENTURE:NAN). For more information on North American Nickel Inc., visit www.northamericannickel.com.


Website: http://www.vmsventures.com

Symbols: VMS.V / VMSTF.OTC

[elkonig]

Appreciate you getting back to me. I am still confused though(it doesnt take much to confuse me).
This company has been in business for quite a few years now. I really dont see where they are actually operators of anything, only investors in properties.
Have they ever received revenue from the production of minerals by any of the three firms they are involved with?

[dj4321]

Thanks elkonig,

VMS Ventures will have revenues from the Reed Mine as it scheduled to commence production in 2013 there's around $100 - 120 million in future cash flows from the Reed Mine.

NAN.V is more of a exploration discovery situation ( NAN.V discovered last year), drilling a huge 75km x 15km Nickel belt
(situated on the oldest and largest impact crater found on earth) and has recently raised over $4 million in an equity financing.

Yes I know them as I hold shares in both.

Cheers !

[elkonig]

So do you know if these companies VMS/North American Nickel/Harvest Gold actually have any kind of revenue from the sale of minerals.
Ive been checking out the lengthly financial reports of these companies and from what I can tell they dont have any revenue from metal/ore sales but maybe Im wrong.
I also noticed VMS was chasing Stockhouse forum to release posters names who were bashing VMSs good name.

[dj4321]

Copper article

http://www.theaureport.com/pub/na/15087?utm_source=delivra&utm_medium=email&utm_campaign=TMR+FINAL+streetwise%2Dreports+03%2F19%2F2013+12%3A52%3A11

[Crazy Money]

lol just promoted on one of my sites? ...

sorry... an email just came in via one of my sites ( nothing to do with stocks ) and a free member sent it ... quickly looked on iHub for da symbol and just wanted to say ... lol? ... not bashing it or anything ... just rarely do I ever see stocks promoted on my sites ... lolzzz

Canada’s Next Copper Producer

VMS Ventures and operating partner HudBay Minerals commencing production at the Reed Copper Mine in 2013

Reed Mine - Report February 2013

- Ramp development is now down 200 metres laterally.

- The sinking of the escape raise is on-going, currently down 25 metres.

- A new MacLean bolter and new jumbo have been added to the fleet of new equipment.

- Completed over 339 days without a lost time accident (LTA).

Summary of the Reed Mine’s Economic Assessment

Initial production at Reed is expected by Q 4 - 2013 and will ramp up to full production of approximately 1,300 tonnes per day by Q1 - 2014.

Average expected reserve ore grades of 3.83% copper, 0.48 g/t gold and 6.02 g/t silver, slightly better than PEA due to the exclusion of the inferred resources in the pre-feasibility study.

Assumed metal recoveries in HudBay’s Flin Flon Concentrator of 94% copper, 58% gold and 62% silver.

Production ~ 17,000 tonnes of copper metal concentrate per year.

Total operating costs estimated to average approximately $90 per tonne milled ($67 per tonmne ining, $16 per tonne milling and $7 per tonne administration) over a five year mine life.

Sustaining capital expenditures are expected to total approximately $52 million over the five year mine life.

Pre-Feasibility pre-tax NPV (8%) of $57.4 million using weighted average metal prices of US$2.95/lb. for copper, US$1,269.09/oz. for gold and US$24.78/oz. for silver.



Reed Mine - HudBay Minerals:


http://www.hudbayminerals.com/English/Our-Business/Development/Reed/default.aspx


Reed Mine - VMS Ventures:

http://vmsventures.com/Projects/Manitoba-Properties/VMSHudBayJointVentures/VMS-Ventures---HudBay-Joint-Venture-Project/default.aspx



Website: http://www.vmsventures.com

Symbols: VMS.V / VMSTF.OTC

[dj4321]

COMMENCES DRILLING TARGETED GOLD & BASE METALS TERRA INCOGNITA

VMS VENTURES CONTRACTS JS DRILLING FOR 2013 SUDBURY WINTER DRILL PROGRAM

Vancouver, B.C., March 4, 2013. VMS Ventures Inc. (TSX-V:VMS) (“VMS” or the “Company”) is pleased to announce it has awarded a drilling contract to JS Drilling of Sudbury, Ontario for its 2013 Sudbury winter drill program. The program will begin March 4, 2013. All permits for the drill program have been received.

Drilling will target gold and base metal mineralization on VMS' Terra Incognita exploration property situated in Parkin Township approximately 30 km north of Sudbury and 20 km north of Capreol.

The Company expects to drill three holes for a total of 450 metres to test coincident time domain electromagnetic and magnetic anomalies and Mobile Metal Ion soil geochemical responses.

Six TDEM anomalies were outlined with three ranked as high priority targets. Two of the high priority targets have coincident Mobile Metal Ion (MMI) geochemical anomalies and VLF-EM geophysical anomalies. Property geology and historic geophysical anomalies are enigmatic because of thick overburden cover. The TDEM survey covered approximately 20 line kilometers and was completed by Crone Geophysics Ltd. of Mississauga, Ontario on a grid cut by a crew from the Wahnapitae First Nations.

Assay results from drill core will be reported once received.

The Company would also like to announce that it has granted incentive stock options to certain consultants of the Company to purchase up 150,000 common shares in the capital of the Company pursuant to the Company's stock option plan. The options are exercisable, on or before March 4, 2018, at an exercise price of $0.22 per share.


About VMS Ventures Inc:

VMS Ventures Inc. is focused primarily on acquiring, exploring and developing copper-zinc-gold-silver massive sulphide deposits in the Flin Flon-Snow Lake VMS Belt of Manitoba. The Company’s VMS project property portfolio consists of the Reed Lake Mine, which is subject to a 70-30 JV with HudBay Minerals and is scheduled for production in Q3- 2013, Copper Project, McClarty Lake Project, Sails Lake Project, Puella Bay Project and Morton Lake Project. Outside of the Snow Lake camp, the Company holds massive sulphide prospective properties near the past producing Fox Lake and Ruttan copper-zinc mines, near the communities of Lynn Lake and Leaf Rapids in northern Manitoba. These properties are located in the mining friendly province of Manitoba, Canada. The Company also has optioned three properties in the Sudbury mining camp. They are Terra Incognita, Golden Pine and Black Creek.

VMS Ventures owns approximately 21M shares of North American Nickel Inc. (TSX VENTURE:NAN).

For more information on North American Nickel Inc., please visit www.northamericannickel.com.
Forward Looking Statement

Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward-looking statements that involve various risks. The following are important factors that could cause the Company’s actual results to differ materially from those expressed or implied by such forward-looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. VMS Ventures Inc. undertakes no obligation to update such forward-looking statements if circumstances or management’s estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements

ON BEHALF OF THE BOARD OF DIRECTORS

John Roozendaal, B.Sc.

President
VMS Ventures Inc.

For further information contact:

Evan Sleeman, Director
Telephone: [phone]
Toll Free: 1-866-816-0118

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.





2013 Production Updates - Reed Mine



HudBay Minerals:
http://www.hudbayminerals.com/English/Our-Business/Development/Reed/default.aspx


VMS Ventures:
http://vmsventures.com/Projects/Manitoba-Properties/VMSHudBayJointVentures/VMS-Ventures---HudBay-Joint-Venture-Project/default.aspx


Website: http://www.vmsventures.com

[dj4321]

Canada’s Next Copper Producer

VMS Ventures and Operating Partner HudBay Minerals Commencing Production at the Reed Copper Mine in 2013



Progress Report February 2013


- Ramp development is now down 200 metres laterally.
- The sinking of the escape raise is on-going and we are currently down 25 metres.
- A new MacLean bolter and new jumbo have been added to the fleet of new equipment.
- Completed over 339 days without a lost time accident (LTA).

http://www.vmsventures.com/Projects/Manitoba-Properties/VMSHudBayJointVentures/VMS-Ventures---HudBay-Joint-Venture-Project/default.aspx



Summary of the Reed Mine’s Economic Assessment

Initial production at Reed is expected by Q 4 - 2013 and will ramp up to full production of approximately 1,300 tonnes per day by Q1 - 2014.

Average expected reserve ore grades of 3.83% copper, 0.48 g/t gold and 6.02 g/t silver, slightly better than PEA due to the exclusion of the inferred resources in the pre-feasibility study.

Assumed metal recoveries in HudBay’s Flin Flon Concentrator of 94% copper, 58% gold and 62% silver.

Production ~ 17,000 tonnes of copper metal concentrate per year.

Total operating costs estimated to average approximately $90 per tonne milled ($67 per tonne mining, $16 per tonne milling and $7 per tonne administration) over a five year mine life.

Sustaining capital expenditures are expected to total approximately $52 million over the five year mine life.

Pre-Feasibility pre-tax NPV (8%) of $57.4 million using weighted average metal prices of US$2.95/lb. for copper, US$1,269.09/oz. for gold and US$24.78/oz. for silver.



Reed Mine info HudBay Minerals:


http://www.hudbayminerals.com/English/Our-Business/Development/Reed/default.aspx


Reed Mine info VMS Ventures:

http://vmsventures.com/Projects/Manitoba-Properties/VMSHudBayJointVentures/VMS-Ventures---HudBay-Joint-Venture-Project/default.aspx



Website: http://www.vmsventures.com