VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/28/13 — 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 detailing its plans for the 2013 field season at the Maniitsoq project in Southwest Greenland. VMS owns approximately 27.5% of NAN. The release is as follows:
„North American Nickel is pleased to announce that it has finalized the 2013 exploration plan for its 100% owned Maniitsoq project. The program, which is scheduled to commence in mid-June, will consist of a minimum of 3,000 meters of diamond drilling to follow-up on 2012 discoveries and test new geological, geophysical and geochemical targets identified from a review of exploration datasets. Surface pulse time domain electromagnetic (PEM) surveys and 550 line-km of helicopter time domain, electromagnetic and magnetic surveying will also be undertaken in areas not covered in 2011 and 2012.
NAN CEO, Rick Mark states: „We expect this to be a busy, exciting and productive year at Maniitsoq. Our experience on the project for the last two years and particularly our camp/drilling experience last year has allowed us to ramp up for our planned $5,500,000 2013 program smoothly and efficiently. Chief Geologist John Pattison has been full time on the project since we left Greenland last September. COO Neil Richardson will accompany our expanded ground team to Maniitsoq in early June with drilling expected to begin on, or around, June 21, 2013. Target identification has been very successful, as we now have identified more than 100 targets for consideration at Maniitsoq.“
Key elements and objectives of the 2013 Maniitsoq program are as follows:
DIAMOND DRILLING
FIELD CHECKING OF POTENTIAL DRILL TARGETS
SURFACE PULSE TIME DOMAIN ELECTROMAGNETIC (PEM) SURVEYS
HELICOPTER TIME DOMAIN ELECTROMAGNETIC AND MAGNETIC SURVEYS
The 2013 exploration program will be conducted from a field camp situated within the project area. The camp logistics will be supplied by Xploration Services Greenland ApS of Nuuk who will also provide general expediting and support to the project. Westcore Drilling Ltd of Salmo, British Columbia will perform the diamond drilling and Crone Geophysics & Exploration Ltd. of Mississauga, Ontario will conduct the BHEM and surface PEM surveys. All of these contractors are experts in their respective fields.
To view the maps associated with this release, please visit the following link: .
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 President of North American Nickel Inc.“
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, subject to receipt of required permits, 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 two properties in the Sudbury mining camp. They are Terra Incognita and Black Creek.
VMS Ventures owns approximately 27.5% of North American Nickel Inc. (TSX VENTURE: NAN). For more information on North American Nickel Inc., please visit .
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 the costs, plans and schedule to develop the Reed Copper Project, 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.
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.
Contacts: VMS Ventures Inc. Evan Sleeman Director (604) 986-2020 or Toll Free: 1-866-816-0118
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