VANCOUVER,
BRITISH COLUMBIA--(Marketwire - March 5, 2010) - VMS Ventures Inc.
(TSX VENTURE:VMS) (the "Company") is pleased to announce the appointment of Dr.
Mark Fedikow as Vice President Exploration. Dr. Fedikow is also VP of Technical
Services for the Company.
Dr.
Fedikow was appointed to the Board of Directors in April 2008 and has been
directly involved in all aspects of the Company's exploration activities since
that time. Mark has 34 years of mineral exploration experience as an
exploration geochemist and mineral deposits geologist in private industry and
government geological surveys. He has run his own consulting company since
2002. In 2001, he was the recipient of the Provincial Geologists Medal, a
Canadian national award for outstanding geoscientific achievement. He has
published numerous articles on mineral deposits and their geochemical
expressions in rock, soil and vegetation sample media. Specifically, he has
applied the Mobile Metal Ions Process (MMI) in exploration programs for a wide
variety of mineral deposit types including base metal massive sulphide, lode
gold, porphyry copper and magmatic nickel-copper-PGM all over the world.
His
expertise with exploration geochemical techniques is an integral part of the
Company's overall exploration strategy, which compiles state-of-the-art
airborne and ground geophysical surveys with historical exploration data
anchored by a sound geological foundation.
At a
VMS Directors meeting, the Board of VMS Ventures decided not to re-appoint Dr.
George Gale as Vice President of Exploration and to terminate his management
agreement effective December 31st 2009. The terms and conditions of
Dr. Gale's management agreement will expire on December 31st 2010.
Dr.
Gale took the lead role in building the Company's extensive Manitoba property
package in the Manitoba Flin Flon – Snow Lake greenstone belt. Dr. Gale intends
to provide geological consulting services to a broad range of exploration
companies. Dr. Gale will continue to sit as a director of the Company.
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/.
Investors are invited to visit the VMS
Ventures IR Hub at http://www.agoracom.com/IR/VMSVentures
where they can post questions and receive answers or review questions and
answers already posted by other investors. Alternatively, investors are able to
e-mail all questions and correspondence to VMS@agoracom.com
where they can also request to be added to the investor e-mail list to receive
all future press releases and updates in real time.
VMS Ventures Inc. is focused primarily on
acquiring, exploring and developing copper-zinc properties in the Flin
Flon-Snow Lake VMS Belt. The Company also holds the largest land package
considered prospective for nickel-copper mineralization at Lynn Lake, which is
to date Canada's third largest nickel producing camp. The Company's project
portfolio consists of the Snow Lake VMS project, the Nickel Belt project and
the South Bay nickel-copper-cobalt PGE property. All VMS Ventures Inc.
properties are located in the mining friendly province of Manitoba, Canada.
ON BEHALF OF THE BOARD OF DIRECTORS
John Roozendaal B.Sc.
President &
Director
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.