Download - New york and_orlando_february_2011
1
VMS:TSX.V
February, 2011
Discovering High Grade Copper Deposits
in Manitoba, Canada
2
FORWARD-LOOKING STATEMENTS
NOTE:
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.
12
3
Introduction to VMS Ventures Inc.
Flin Flon – Snow Lake Belt - a World Class VMS Camp
Discovery – The Reed Lake Deposit
HudBay Minerals JV and 4 Option Agreements
Future Base Metal Discoveries: 2011 – 2012 Work Plan
Continuous drilling January – May 2011
Gold Discovery at the Sails Lake Project, January 10 2011
Discovering High Grade Copper
Deposits in Manitoba, Canada
3
4
VMS VENTURES INC. (VMS:TSX.V)
CAPITAL STRUCTURE
(as at February 8, 2011)
Issued & Outstanding: 122,668,955
Options: 10,104,800
Fully Diluted: 132,773,755
Debt: $0.0
Capital: $17,000,000
Well funded junior with approximately $17 M treasury.
Geological Team With Proven Track Record of
Success.
2007 Discovered the Copper-rich Reed Lake Deposit
in Manitoba, Canada.
• JV Partner HudBay Minerals (T.HBM) is project
operator and financiers of Reed Lake
development. Reed Lake Project ownership is
70% HBM & 30% VMS.
Large, 100% held, highly prospective land package in
the prolific Flin Flon – Snow Lake Greenstone Belt of
Manitoba.
Aggressive Drill Program now underway ($5 million in
drill and other exploration activities planned for 2011)
testing for high grade copper-zinc-gold-silver deposits
in the mining friendly Province of Manitoba, Canada.
Record metal prices and growing interest in the
resource sector!
QUICK FACTS
4
5
MANAGEMENT
Rick Mark, CEO & Chair – Rick has 24 years experience in the public marketplace and has been
CEO of VMS Ventures since 2005. VMS, and the three affiliated exploration companies in the North
Shore Mining Group, have raised over $45,000,000 since 2007.
John Roozendaal, President – John is the founding director of VMS Ventures Inc. He has been
involved in the mineral exploration industry for over 18 years, focusing on precious, base and
specialty metals in North America. John has been President of VMS since 2001.
Neil Richardson, COO – Neil has over 22 years experience in mineral exploration and mining
operations of base metal and precious metal deposits throughout Canada. Recently, Neil was the
Exploration Manager of Murgor Resources Inc., where he was involved in the delineation of three
projects to NI 43-101 compliant mineral resource estimates, project generation and process
discipline. Prior to joining Murgor in 2006, Neil worked for HudBay Minerals Inc. as a Senior
Exploration Geologist responsible for greenfield and brownfield projects in the Flin Flon – Snow Lake
area. He consulted to VMS since September 2009, and became COO in September, 2010.
Mark Fedikow, VP Exploration and Technical Services – Mark has 34 years of industry and
government experience as an exploration geochemist and mineral deposits geologist. He has worked
for major and junior mining companies and the Manitoba Geological Survey, completing his
employment at the Survey as Chief Geologist of the Mineral Deposits Section. In 2001, Mark was the
recipient of the Provincial Geologists Medal, a Canadian national award for outstanding geoscientific
achievement. Mark has been with VMS since 2008.
5
FLIN FLON GREENSTONE BELT
• At current metal prices (to 2009) as produced approx $54 billion in Base and Precious metals produced.
• Most prolific greenstone belt in Canada in terms of $ value of production/km2.
• Continuous production for past 80 years. 36 copper-zinc and gold mines operated in the belt
Exposed Flin Flon Belt
4,442 sq km
Covered portion
15128 sq km
The Covered Part of the Belt is the New Frontier!
MAP AREA
A WORLD CLASS VMS CAMP
SNOW LAKE BELT
Lalor Lake
(Hudbay)
Reed Lake
(VMS Ventures Inc.)
02/02/11
LAND HOLDINGS IN THE SNOW LAKE BELT
DOMINANT LAND
POSITION
• More than 105,000
hectares of 100%
owned ground
acquired before
the rush into base
metals.
RIGHT GEOLOGY
• Focused on
juvenile arc
(seafloor volcanic)
rocks (shown in
medium green).
These rocks host
all the mined VMS
deposits in the Flin
Flon - Snow Lake
camp.
8
8
VTEM AIRBORNE GEOPHYSICAL COVERAGE OVER
VMS’ SNOW LAKE, MANITOBA PROJECTS
• Many recent
discoveries,
including VMS’s
Reed Lake
Deposit, were
made with VTEM
• VMS Ventures
has flown over
13,000 line-km of
VTEM over its
projects, majority
flown at 100 m
line spacing.
• 3 years and $3
million in work –
ready to drill.
6
9
VMS’ REED LAKE DISCOVERY
• Discovery hole by VMS Ventures Inc. RD-07-02 October 4, 2007:
43.05 m @ 4.38% Cu
1.56% Zn
0.85 g/t Au
13.09 g/t Ag
• 72 holes drilled from July, 2007 to September, 2008.
High Grade Cu Intercepts By VMS
(2007 - 2008)
RD-08-53: 61.96 m @ 5.96% Cu
RD-08-61: 100.19 m @ 3.59% Cu
RD-08-41: 33.46 m @ 10.36% Cu
Incl. 28.08 m @ 13.03% Cu
Incl. 5.00 m @ 16.30% Cu
History
RD-08-36: 81.07 m @ 3.54% Cu
11
10
AERIAL VIEW OF THE REED LAKE DEPOSIT
Provincial Road # 39
Tower Zone Option
Reed Lake Joint Venture
Snow Lake 75 kmReed Lake Deposit
(projected to surface)
Flin Flon 115 km
12
Located 1 hour's drive from mill and concentrator facilities 500 feet (150 metres) from a paved Provincial Highway
11
HUDBAY PHASE 1 PLAN
N
Purpose:
• Confirm / refine current model.
• Produce NI 43-101 compliant resource calculation (est. March 2011).
• Follow mineralization to depth.
Phase 1 Program Highlights:
Plan
Composite
Cross Section
Section(Looking 315°)
100 m
100 m
Credit: HBED September, 2010
• Drill holes on section
lines 50 m apart.
• 32 holes completed as
of Jan 31, 2011.
• Results up to drill hole
22 released to date.
• Down hole EM surveys
on every hole looking
approximately 100m in
all directions for
additional deposits or
mineralization.
14
12
RLD002 reporting 38.55 metres grading 3.81% copper
RLD003 reporting 71.69 metres grading 6.69% copper
RLD006 reporting 63.70 metres grading 3.54% copper - 2.93% zinc
RLD012 reporting 15.76 metres grading 1.53% copper - 6.57% zinc - 1.30 g/t gold
RLD020 reporting 32.28 metres grading 3.41% copper - 1.33% zinc - 2.1 g/t gold
RLD021 reporting 28.05 metres grading 4.85% copper - 1.75% zinc - 2.35 g/t gold
Step-Out Drill Hole Results
RLD015 reporting 10 metres grading 2.39% copper
The step out drill hole discovered copper mineralization over 200 metres from
Reed Deposit!
2010 – 2011 In-fill Drill Highlights at Reed Lake
Deposit
15
02/02/11
Reed Lake Deposit Longitudinal View
Zone 10
Zone 20
Zone 30
10.09 m @ 2.39% Cu
RLD015LONGITUDINAL SECTION
LOOKING NORTH
16
VMS VENTURES – HUDBAY JV & OPTION
PROJECTS
VMS-Hudbay JV
• 30-70 joint venture, VMS carried to production.
• Hudbay is operator.
4 Option Agreements
• Hudbay is operator.
• $2.6 M in cumulative expenditures to earn 70%.
• Upon discovery VMS is carried on first $50 million of expenditures.
• Cumulative $2.8 M paid to VMS in July, 2010.
02/02/11
REED LAKE
JOINT
VENTURE
REED
LAKE
PROJECT
NORTHWEST
ZONE
OPTION
SUPER ZONE
OPTION
NORTHEAST
ZONE OPTION
TOWER ZONE
OPTION
REED LAKE DEPOSIT
TOWER ZONE
HIGHWAY ZONE
MANY TARGETS READY TO DRILL ON THE JV AND
OPTION PROJECTS
Lens C
Lens BLens A
• Reed Lake Deposit produces a strong, coincident VTEM EM and magnetic anomaly.
• Numerous untested targets each with potential to be new mines or zones of copper-zinc-gold-silver mineralization
• Aggressive exploration and development activity now underway.
17
16
SAILS LAKE UPDATE: DRILLED FALL 2010
• 25 km east of Snow
Lake - a major base
metal and gold
mining camp.
• Data compilation
indicated potential for
gold and base metal
deposits.
• Drilling by VMS in
2010 intersected
significant gold
mineralization over
long intervals in hole
SA-10-007.
Project Background
18
02/02/11
SAILS LAKE: GOLD MINERALIZATION
Geology Plan
Map19
NORTH AMERICAN NICKEL
VMS owns ~45% of
North American
Nickel.
Dr. Mark Fedikow,
President and COO.
TSX Venture
application pending.
Projects situated in
Thompson and
Sudbury, the two
most productive
mining camps in the
world class Circum-
Superior Nickel Belt.
OTCBB: WSCRF
SUDBURY PROJECTS
Sudbury
projects are
focused on
highly
prospective
offset dykes.
Whistle Offset at FNX’s
Podolsky Mine
20
2010-2012 WORK PLAN
Q3 Q4
Reed Lake Project
Drilling
Drill Results
Metallurgical Studies
Geotechnical Studies
Resource Estimate
Delineation Drilling
Prefeasibility Study Work
Sails Lake Project
Geophysics
Drill Permitting
Target Selection
Drilling
Drill Results
Project Evaluation
Copper Project
Geophysics
Target Selection
Drilling
Drill Results
Project Evaluation
Morton Lake Project
Geophysics
Target Selection
Drilling
Drill Results
Project Evaluation
Leak Lake Project
Geophysics
Target Selection
Drilling
Drill Results
Project Evaluation
McClarty Lake Project
Geophysics
Target Selection
Drilling
Drill Results
Project Evaluation
Puella Bay Project
Geophysics
Target Selection
Drilling
Drill Results
Geochemical Surveys
Project Evaluation
Q4
2011 2012
Q1 Q2 Q4 Q1Q3 Q2
2010
Q3
20
21
VMS VENTURES INC. (VMS:TSX.V)
CAPITAL STRUCTURE
(as at February 8, 2011)
Issued & Outstanding: 122,668,955
Options: 10,104,800
Fully Diluted: 132,773,755
Debt: $0.0
Capital: $17,000,000
Well funded junior with approximately $17 M treasury.
Geological Team With Proven Track Record of
Success.
2007 Discovered the Copper-rich Reed Lake Deposit
in Manitoba, Canada.
• JV Partner HudBay Minerals (T.HBM) is project
operator and financiers of Reed Lake
development. Reed Lake Project ownership is
70% HBM & 30% VMS.
Large, 100% held, highly prospective land package in
the prolific Flin Flon – Snow Lake Greenstone Belt of
Manitoba.
Aggressive Drill Program now underway ($5 million in
drill and other exploration activities planned for 2011)
testing for high grade copper-zinc-gold-silver deposits
in the mining friendly Province of Manitoba, Canada.
Record metal prices and growing interest in the
resource sector!
QUICK FACTS
4