1. Discovering High Grade Copper
Deposits in Manitoba, Canada
VMS:TSX.V
New York Hard Assets
Investment Conference
May 9-10, 2011
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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.
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3. VMS VENTURES INC. (VMS:TSX.V)
QUICK FACTS
Well funded junior with approximately $15 M
treasury.
2007 Discovered the Copper-rich Reed Lake
Deposit
2010 Successfully Negotiated deal with HudBay
Minerals (NYSE:HBM) to operate and finance Reed
Lake development. Ownership (70% HBM 30%
VMS).
43-101 Indicated Resource 2.55 mil tonnes of
4.52% copper plus zinc, silver and gold credits at
Reed Lake.
Large, 100% held, highly prospective land package
in the prolific Flin Flon – Snow Lake Greenstone
Belt of Manitoba.
CAPITAL STRUCTURE
(as at May 1, 2011) Aggressive Drill Program now underway ($5 mil
budgeted for 2011)
Issued & Outstanding: 123,123,955
Options: 9,983,850 Potential for near-term production and payback at
Fully Diluted: 133,107,805 Reed Lake (2012).
Debt: $0.0
Capital: $15,000,000 3
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4. Discovering High Grade Copper
Deposits in Manitoba, Canada
Flin Flon/Snow Lake Belt -World Class Base Metal Camp
The Reed Lake Deposit: 270 mil lbs contained Copper
(HudBay Minerals 70/30 JV and 4 Option Agreements)
100% Owned Properties
Cowan River Copper Discovery
Sails Lake Gold Discovery
2011 – 2012 Work Plan
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North American Nickel (VMS 45% Ownership)
5. A WORLD CLASS MINING CAMP
The Flin Flon Camp has
produced $54 billion in
Base and Precious metals
produced.
Continuous production for
SNOW LAKE BELT
SNOW LAKE BELT
the past 80 years with 36
copper-zinc and gold
mines operated in the belt
Lalor Lake
Lalor Lake Exposed Flin Flon Belt
(Hudbay)
(Hudbay)
4,442 sq km
Covered portion
15,128 sq km
Reed Lake
Reed Lake
(VMS Ventures Inc.)
(VMS Ventures Inc.) The Covered Part of the Belt
is the New Frontier!
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6. VMS’ SNOW LAKE, MANITOBA PROJECTS
VTEM AIRBORNE GEOPHYSICAL COVERAGE
• 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.
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7. VMS’ REED LAKE DISCOVERY
History
• 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
High Grade Cu Intercepts By VMS
September, 2008. (2007 - 2008)
RD-08-36: 81.07 m @ 3.54% Cu
RD-08-41: 33.46 m @ 10.36% Cu
Incl. 28.08 m @ 13.03% Cu
Incl. 5.00 m @ 16.30% Cu
RD-08-53: 61.96 m @ 5.96% Cu
RD-08-61: 100.19 m @ 3.59% Cu
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8. AERIAL VIEW OF THE REED LAKE DEPOSIT
Located 1 hour's drive from mill and concentrator facilities 500 feet (150 metres) from a paved Provincial Highway
Flin Flon 115 km
Provincial Road # 39
Reed Lake Deposit
Snow Lake 75 km
(projected to surface)
Reed Lake Joint Venture
Tower Zone Option
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9. Reed Lake 43-101 Resource
Mineral Contained
Resource Metal
Category Tonnes Au Ag Cu Zn Au oz Ag oz Cu lbs Zn lbs
(g/t) (g/t) (%) (%)
52,469 644,382 253,572,000 51,051,000
Indicated 2,550,000 0.64 7.86 4.52 0.91
2,077 24,868 15,932,400 1,944,800
Inferred 170,000 0.38 4.55 4.26 0.52
Notes:
CIM definitions were followed for the estimation of mineral resources. Drilling was included up to February 2011.
Mineral resources are estimated at a CUEQ cut-off of 1.5% (CUEQ% equals Cu% + Zn% x 0.211 + Au g/t x 0.359 + Ag
g/t x 0.006) and a minimum two metre core length.
Long term $US metal prices of $900/oz gold, $15.00/oz silver, $2.50/lb copper and $1.00/lb zinc were used for the
estimation of CUEQ. These prices may be conservative, considering the near-term commencement of
operations.
Metal recovery assumptions of 65% gold, 60% silver, 95% copper and 50% zinc were used for the estimation of
CUEQ.(What is CUEQ??)
Specific gravity measurements were taken on a portion of the samples, where actual measurements were not
available either stoichiometric values were calculated or average SG values were used.
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10. Reed Lake Deposit Longitudinal View
RLD015 LONGITUDINAL SECTION
LOOKING NORTH
Zone 30
Zone 20
m
214
Zone 10
10.09 m @ 2.39% Cu
02/02/11
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11. TARGETS BEING DRILLED ON THE HUDBAY JV AND
OPTION PROJECTS
Lens C
Lens A Lens B
Pl
un
ge
HIGHWAY ZONE
HIGHWAY ZONE
NORTHWEST SUPER ZONE
ZONE OPTION
OPTION
TOWER ZONE
REED LAKE OPTION
JOINT
REED
VENTURE
TOWER ZONE LAKE
REED LAKE DEPOSIT TOWER ZONE PROJECT
REED LAKE DEPOSIT NORTHEAST
ZONE OPTION
•• Reed Lake Deposit produces a strong, coincident VTEM EM and
Reed Lake Deposit produces a strong, coincident VTEM EM and
magnetic anomaly.
magnetic anomaly.
•• Numerous untested targets each with potential to be new mines
Numerous untested targets each with potential to be new mines
or zones of copper-zinc-gold-silver mineralization
or zones of copper-zinc-gold-silver mineralization
02/02/11 •• Aggressive exploration and development activity now underway.
Aggressive exploration and development activity now underway.
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12. Cowan River Discovery Zone
Announced April 13 2011
2.25% copper over 6.59
m Including:
9.81% Copper over
1.37m
Located 7.5 km east of Reed
Lake Deposit
1.5 km south of Provincial
Highway #39 connecting
the regional mining centers
of Flin Flon and Snow
Lake.
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14. Sails Lake Gold Project
Project Background
25 km east of Snow
Lake - a major
base metal and
gold mining
camp.
2011 Drill Program
Now Underway
Drilling by VMS in
2010 intersected
significant gold
mineralization
over long
intervals in hole
SA-10-007.
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18. NORTH AMERICAN NICKEL
VMS owns ~45% of
North American
Nickel.
Conditional Listing on
the TSX Venture
Exchange Now
Approved.
Projects situated in
Thompson &
Sudbury, the two
most productive
mining camps in the
world class Circum-
Superior Nickel Belt.
Dr. Mark Fedikow,
President and COO.
Trade Symbols
TSX.V: NAN
OTCBB: WSCRF
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19. NORTH AMERICAN NICKEL
Drilling at Post
Creek Planned
for June 2011
Whistle Offset at
FNX’s
Podolsky Mine
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20. VMS VENTURES INC. (VMS:TSX.V)
QUICK FACTS
Well funded junior with approximately $15 M
treasury.
2007 Discovered the Copper-rich Reed Lake
Deposit
2010 Successfully Negotiated deal with HudBay
Minerals (NYSE:HBM) to operate and finance Reed
Lake development. Ownership (70% HBM 30%
VMS).
43-101 Indicated Resource 2.55 mil tonnes of
4.52% copper plus zinc, silver and gold credits at
Reed Lake.
Large, 100% held, highly prospective land package
in the prolific Flin Flon – Snow Lake Greenstone
Belt of Manitoba.
CAPITAL STRUCTURE
(as at May 1, 2011) Aggressive Drill Program now underway ($5 mil
budgeted for 2011)
Issued & Outstanding: 123,123,955
Options: 9,983,850 Potential for near-term production and payback at
Fully Diluted: 133,107,805 Reed Lake (2012).
Debt: $0.0
Capital: $15,000,000 20
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