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Secutor Capital Management Issues Report on VMS Ventures (TSXV:VMS) and the Reed Copper Deposit - Video Summary Posted on

February 19, 2012 - Vancouver

Secutor Capital Management issues report on VMS Ventures (TSXV:VMS). has produced a "video news alert" about VMS Ventures based on this report. If this link is not enabled, please visit and enter "Secutor" in the search box.

Secutor's report primarily focuses on the company's joint venture with HudBay (TSX:HBM) on the 917 hectare Reed Copper deposit, located approximately 80 kilometres southwest of Snow Lake, Manitoba, a town with an active mining history of base and precious metals.

HudBay has a 70% interest, with VMS Ventures holding the balance of 30%. HudBay is the operator and is responsible for the full financing of VMS Ventures' proportionate share of the development costs, which VMS will repay solely from its share of the cash flow that the project generates.

The project has an Indicated resource of 2.55 million tonnes at 4.52% copper, and an Inferred resource of 170,000 tonnes at 4.26% copper. Production is expected to begin by late 2013 and should have good leverage to copper prices given the deposit's high grade.

According to Secutor's report, the project should produce 1,300 tonnes per day, have a mine life of 5.5 years, and a payback of 3 years, using a $2.78price for copper.

Highway 39 runs through both the Reed Lake property and HudBay's Flin Flon concentrator, 120 kilometres away, where the ore will be processed.

VMS and HudBay also signed option agreements on four of the properties surroundingthe joint venture. With the planned closure of Trout Lake and Chisel North this year, HudBay is actively investing in exploration and holds interests with early-stage companies including VMS Ventures at 14%, Augusta Resources at 14%, and Aquila Resources at 15%.

VMS is also exploring another two properties on its own in the Reed Lake area that also show positive signs for VMS type mineralization. Despite their small size, usually 2.7 to 7.1 million tonnes, VMS-type deposits are attractive exploration targets. They are generally high-grade, polymetallic, and can be effectively targeted by a combination of geological, geophysical, and geochemical methods.

Additionally, VMS owns 45% of North American Nickel (TSXV:NAN), which is capitalized at close to $9 million.

The shares currently trade at $0.37 and with close to 124 million shares outstanding, the company is capitalized at approximately $46 million.

For a more information on VMS Ventures, including its other projects, please visit their website at To obtain a copy of the report please phone +1-604-986-2020, or email

For more information about Secutor Capital, please visit their website . is a multimedia company that provides a combined solution for creating and hosting financial video content, and distributing it across multiple platforms to investors and financial professionals. specializes in producing shortthree minute videos based on news releases and research reports.

Barry Morgan, CFO

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Source: InvestmentPitch via Thomson Reuters ONE

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