VMS Ventures Inc. is a well financed, publicly traded mineral exploration company listed on the TSX Venture Exchange (TSX.V) under the symbol VMS. The Company has an extensive land position in the world class, highly prospective Flin Flon – Snow Lake VMS belt in mining friendly Manitoba, Canada.
In October, 2007 VMS announced its Reed Copper Deposit discovery, followed by a joint venture signed with HudBay Minerals Inc. (TSX : HBM, NYSE : HBM) in July 2010. This agreement will allow HBM to earn 70% in the project while VMS retains a 30% carried interest and is funded to production. Four additional option agreements were signed surrounding the Reed Copper deposit and are the focus of on-going exploration.
Snow Lake, Manitoba