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VMS Ventures and operating partner HudBay Minerals to commence production at the Reed Mine in 2013

Summary of the Reed Mine’s Economic Assessment


 Initial production at Reed is expected by Q 4 - 2013 and will ramp up to full production of approximately 1,300 tonnes per day by Q1 - 2014.

 Average expected reserve ore grades of 3.83% copper, 0.48 g/t gold and 6.02 g/t silver, slightly better than PEA due to the exclusion of the inferred resources in the pre-feasibility study.

 Assumed metal recoveries in HudBay’s Flin Flon Concentrator of 94% copper, 58% gold and 62% silver.

 Average production in concentrate of approximately 17,000 tonnes per year of copper metal.

 Total operating costs estimated to average approximately $90 per tonne milled ($67 per tonne mining, $16 per tonne milling and $7 per tonne administration) over a five year mine life.

 Sustaining capital expenditures are expected to total approximately $52 million over the five year mine life.

 Pre-Feasibility pre-tax NPV (8%) of $57.4 million using weighted average metal prices of US$2.95/lb. for copper, US$1,269.09/oz. for gold and US$24.78/oz. for silver.




Exploration is ongoing on the company’s other properties.

Latest exploration news http://finance.yahoo.com/news/vms-ventures-announces-2013-wi…

VMS has $10m cash, and a projected $100m in future cash flow from the Reed Mine.

Earnings from the Reed Mine are projected to be around $0.10/share.

2012 Reed Mine Development & Opening Ceremonies Slide Presentations Link

http://vmsventures.com/Projects/Manitoba-Properties/VMSHudBa…


Symbols: VMS.V / VMSTF.OTC


Website: http://www.vmsventures.com

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NEWS RELEASE

Vancouver, B.C., January 9, 2013. VMS Ventures Inc. (TSX-V:VMS) (“VMS Ventures” or the “Company”) is pleased to report on developments at the Reed copper project near Snow Lake, Manitoba. Reed is a high grade copper deposit scheduled to begin production in the fourth quarter of 2013. VMS Ventures owns 30% and is carried to production. HudBay Minerals (TSX: HBM, NYSE: HBM) (“Hudbay”) owns 70% and is the Operator.

VMS Ventures COO Neil Richardson, states: "Important progress was made over the last quarter of 2012 with the completion of necessary infrastructure for underground development. We are particularly pleased that the Reed project has completed much of the difficult near surface phase of underground work, including the completion of approximately 72 metres of lateral development in 2012.”

The Reed project is within the planned budget and schedule towards production in the fourth quarter of 2013. As of the end of 2012, the team worked 294 days without a lost time accident, including the critical activity on the project to ensure the decline is well supported near its entrance by installing bolts, screen, arches, spilings and shotcrete.

Hudbay and VMS Ventures have invested $19.7 million on the project to November 30, 2012 and have entered into an additional $17.8 million in commitments for the project. Capital expenditures at Reed are expected to total approximately $44 million in 2013.

The Environmental Act license application for Reed has been submitted to the provincial government. Mining at the Reed Copper Project is expected to begin by the fourth quarter of 2013, and is anticipated to ramp up to full production of approximately 1,300 tonnes per day by the first quarter of 2014.


2012 Q4 Project Highlights:

The ramp had advanced 72 metres and the shop and warehouse was 75% complete with the steel siding in progress. The mine rescue trailer was set-up and training is continuing. The winterization is on-going and site preparation is now complete for the development of the escape and ventilation raises. The ramp is expected to progress at a rate of 4 metres of advance per day for the remainder of the project.


We invite you to view the latest pictures of the development at the Reed Copper Deposit on our website at:

http://vmsventures.com/Projects/Manitoba-Properties/VMSHudBa…









About VMS Ventures Inc:

VMS Ventures Inc. is focused primarily on acquiring, exploring and developing copper-zinc-gold-silver massive sulphide deposits in the Flin Flon-Snow Lake VMS Belt of Manitoba. The Company’s VMS project property portfolio consists of the Reed copper project, which is subject to a 70-30 JV with HudBay Minerals and is scheduled for production in Q3- 2013, Copper Project, McClarty Lake Project, Sails Lake Project, Puella Bay Project and Morton Lake Project. Outside of the Snow Lake camp, the Company holds massive sulphide prospective properties near the past producing Fox Lake and Ruttan copper-zinc mines, near the communities of Lynn Lake and Leaf Rapids in northern Manitoba. These properties are located in the mining friendly province of Manitoba, Canada. The Company also has optioned three properties in the Sudbury mining camp. They are Terra Incognita, Golden Pine and Black Creek.


VMS Ventures owns approximately 21M shares of North American Nickel Inc. (TSX VENTURE:NAN). For more information on North American Nickel Inc., please visit www.northamericannickel.com.

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COMMENCES DRILLING TARGETED GOLD & BASE METALS TERRA INCOGNITA

VMS VENTURES CONTRACTS JS DRILLING FOR 2013 SUDBURY WINTER DRILL PROGRAM

Vancouver, B.C., March 4, 2013. VMS Ventures Inc. (TSX-V:VMS) (“VMS” or the “Company”) is pleased to announce it has awarded a drilling contract to JS Drilling of Sudbury, Ontario for its 2013 Sudbury winter drill program. The program will begin March 4, 2013. All permits for the drill program have been received.

Drilling will target gold and base metal mineralization on VMS' Terra Incognita exploration property situated in Parkin Township approximately 30 km north of Sudbury and 20 km north of Capreol.

The Company expects to drill three holes for a total of 450 metres to test coincident time domain electromagnetic and magnetic anomalies and Mobile Metal Ion soil geochemical responses.

Six TDEM anomalies were outlined with three ranked as high priority targets. Two of the high priority targets have coincident Mobile Metal Ion (MMI) geochemical anomalies and VLF-EM geophysical anomalies. Property geology and historic geophysical anomalies are enigmatic because of thick overburden cover. The TDEM survey covered approximately 20 line kilometers and was completed by Crone Geophysics Ltd. of Mississauga, Ontario on a grid cut by a crew from the Wahnapitae First Nations.

Assay results from drill core will be reported once received.

The Company would also like to announce that it has granted incentive stock options to certain consultants of the Company to purchase up 150,000 common shares in the capital of the Company pursuant to the Company's stock option plan. The options are exercisable, on or before March 4, 2018, at an exercise price of $0.22 per share.


About VMS Ventures Inc:

VMS Ventures Inc. is focused primarily on acquiring, exploring and developing copper-zinc-gold-silver massive sulphide deposits in the Flin Flon-Snow Lake VMS Belt of Manitoba. The Company’s VMS project property portfolio consists of the Reed Lake Mine, which is subject to a 70-30 JV with HudBay Minerals and is scheduled for production in Q3- 2013, Copper Project, McClarty Lake Project, Sails Lake Project, Puella Bay Project and Morton Lake Project. Outside of the Snow Lake camp, the Company holds massive sulphide prospective properties near the past producing Fox Lake and Ruttan copper-zinc mines, near the communities of Lynn Lake and Leaf Rapids in northern Manitoba. These properties are located in the mining friendly province of Manitoba, Canada. The Company also has optioned three properties in the Sudbury mining camp. They are Terra Incognita, Golden Pine and Black Creek.
VMS Ventures owns approximately 21M shares of North American Nickel Inc. (TSX VENTURE:NAN).

For more information on North American Nickel Inc., please visit www.northamericannickel.com.


Forward Looking Statement

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

ON BEHALF OF THE BOARD OF DIRECTORS

John Roozendaal, B.Sc.

President
VMS Ventures Inc.

For further information contact:

Evan Sleeman, Director
Telephone: [phone]
Toll Free: 1-866-816-0118

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.





2013 Production Updates - Reed Mine



HudBay Minerals:
http://www.hudbayminerals.com/English/Our-Business/Developme…


VMS Ventures:
http://vmsventures.com/Projects/Manitoba-Properties/VMSHudBa…


Website: http://www.vmsventures.com

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Q-4 2013 Produced 29,997 Tonnes of 1.96% Copper, 2.72% Zinc

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 20, 2014) - VMS Ventures Inc. (TSX VENTURE:VMS) ("VMS Ventures" or the "Company") is pleased to update shareholders on the progress made at the Reed mine, near Flin Flon Manitoba during the month of January. VMS Ventures owns 30% of the project and is carried to production. Hudbay Minerals Inc. (TSX:HBM)(NYSE:HBM) ("Hudbay") owns 70% and is the Operator.

During the month of January the project reached a number of milestones including:

• Surpassing 2600 metres of total underground project and pre-production development to date.
• 689 consecutive days with no lost time accidents.
• Ramp advanced to the 135 metre level and pre-production development started.
• Completed the escape raise from the 85 metre level to the 110 metre level.
• Project spending to the end of January is $63 million.

The project remains on budget and on schedule for commercial production in the second quarter of 2014.