New york and_orlando_february_2011

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New york and_orlando_february_2011

  1. 1. Discovering High Grade Copper Deposits in Manitoba, CanadaVMS:TSX.VFebruary, 2011 1
  2. 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. 2 21
  3. 3. Discovering High Grade Copper Deposits in Manitoba, Canada 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 20113 3
  4. 4. VMS VENTURES INC. (VMS:TSX.V) QUICK FACTS  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 inCAPITAL STRUCTURE drill and other exploration activities planned for 2011)(as at February 8, 2011) testing for high grade copper-zinc-gold-silver depositsIssued & Outstanding: 122,668,955 in the mining friendly Province of Manitoba, Canada.Options: 10,104,800 Record metal prices and growing interest in theFully Diluted: 132,773,755 resource sector!Debt: $0.0Capital: $17,000,000 4 4
  5. 5. MANAGEMENTRick Mark, CEO & Chair – Rick has 24 years experience in the public marketplace and has beenCEO of VMS Ventures since 2005. VMS, and the three affiliated exploration companies in the NorthShore Mining Group, have raised over $45,000,000 since 2007.John Roozendaal, President – John is the founding director of VMS Ventures Inc. He has beeninvolved in the mineral exploration industry for over 18 years, focusing on precious, base andspecialty 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 miningoperations of base metal and precious metal deposits throughout Canada. Recently, Neil was theExploration Manager of Murgor Resources Inc., where he was involved in the delineation of threeprojects to NI 43-101 compliant mineral resource estimates, project generation and processdiscipline. Prior to joining Murgor in 2006, Neil worked for HudBay Minerals Inc. as a SeniorExploration Geologist responsible for greenfield and brownfield projects in the Flin Flon – Snow Lakearea. 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 andgovernment experience as an exploration geochemist and mineral deposits geologist. He has workedfor major and junior mining companies and the Manitoba Geological Survey, completing hisemployment at the Survey as Chief Geologist of the Mineral Deposits Section. In 2001, Mark was therecipient of the Provincial Geologists Medal, a Canadian national award for outstanding geoscientificachievement. Mark has been with VMS since 2008.5 5
  6. 6. FLIN FLON GREENSTONE BELTA WORLD CLASS VMS CAMP • At current metal prices (to 2009) as produced MAP AREA approx $54 billion in Base and Precious metals produced. • Most prolific SNOW LAKE BELT greenstone belt in Canada in terms of $ value of production/km2. • Continuous production Lalor Lake for past 80 years. 36 (Hudbay) copper-zinc and gold mines operated in the belt Exposed Flin Flon Belt 4,442 sq km Covered portionReed Lake 15128 sq km(VMS Ventures Inc.) The Covered Part of the Belt is the New Frontier!
  7. 7. 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. 02/02/11 8
  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 8
  9. 9. 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 High Grade Cu Intercepts By VMS• 72 holes drilled from July, 2007 to 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% Cu11 9
  10. 10. AERIAL VIEW OF THE REED LAKE DEPOSITLocated 1 hours 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 10 12
  11. 11. HUDBAY PHASE 1 PLANPurpose:• Confirm / refine current model.• Produce NI 43-101 compliant Plan resource calculation (est. March 2011).• Follow mineralization to depth.Phase 1 Program Highlights:• 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. N• Down hole EM surveys 100 m on every hole looking approximately 100m in 100 m Credit: HBED September, 2010 all directions for additional deposits or Composite mineralization. Cross Section Section (Looking 315°) 11 14
  12. 12. 2010 – 2011 In-fill Drill Highlights at Reed Lake DepositRLD002 reporting 38.55 metres grading 3.81% copperRLD003 reporting 71.69 metres grading 6.69% copperRLD006 reporting 63.70 metres grading 3.54% copper - 2.93% zincRLD012 reporting 15.76 metres grading 1.53% copper - 6.57% zinc - 1.30 g/t goldRLD020 reporting 32.28 metres grading 3.41% copper - 1.33% zinc - 2.1 g/t goldRLD021 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! 1215
  13. 13. Reed Lake Deposit Longitudinal View RLD015 LONGITUDINAL SECTION LOOKING NORTH Zone 30 Zone 20 Zone 10 10.09 m @ 2.39% Cu 02/02/1116
  14. 14. 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.
  15. 15. MANY TARGETS READY TO DRILL ON THE JV AND OPTION PROJECTS Lens C Lens A Lens B HIGHWAY ZONE NORTHWEST SUPER ZONE ZONE OPTION OPTION TOWER ZONE REED LAKE OPTION JOINT REED VENTURE TOWER ZONE LAKE REED LAKE DEPOSIT PROJECT NORTHEAST ZONE OPTION • 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 02/02/11 • Aggressive exploration and development activity now underway.17
  16. 16. SAILS LAKE UPDATE: DRILLED FALL 2010Project Background• 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. 18 16
  17. 17. SAILS LAKE: GOLD MINERALIZATIONGeology Plan 02/02/1119 Map
  18. 18. NORTH AMERICAN NICKELVMS owns ~45% ofNorth AmericanNickel.Dr. Mark Fedikow,President and COO.TSX Ventureapplication pending.Projects situated inThompson andSudbury, the twomost productivemining camps in theworld class Circum-Superior Nickel Belt.OTCBB: WSCRF
  19. 19. SUDBURY PROJECTS Sudbury projects are focused on highly prospective offset dykes. Whistle Offset at FNX’s Podolsky Mine
  20. 20. 2010-2012 WORK PLAN 2010 2011 2012 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 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 Selection20 Drilling Drill Results 20 Geochemical Surveys Project Evaluation
  21. 21. VMS VENTURES INC. (VMS:TSX.V) QUICK FACTS  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 inCAPITAL STRUCTURE drill and other exploration activities planned for 2011)(as at February 8, 2011) testing for high grade copper-zinc-gold-silver depositsIssued & Outstanding: 122,668,955 in the mining friendly Province of Manitoba, Canada.Options: 10,104,800 Record metal prices and growing interest in theFully Diluted: 132,773,755 resource sector!Debt: $0.0Capital: $17,000,000 4 21

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