VMS Ventures reports good progress made at the Reed mine, near Flin Flon, Manitoba. VMS Ventures owns 30% of the Reed mine and Hudbay Minerals owns 70% and is the operator. The Reed mine continues with no lost time accidents and the focus is on ramp development down to 185 m level. Highlights for May 2014:

• 809 days with no lost time accidents
• Development advanced 233 m in May, 1,432 m year to date at an average of 9.5 m/d
• Production of 40,621 t, total of 147,864 t year to date
• Mined from Zone 30; stopes on 85 m level and 135 m level and development ore from both Zone 20 and 30 on 135 m level

Neil Richardson, VMS Ventures COO states: “We are very pleased to see the Reed mine continue along with no lost time accidents and on track to meet production targets.”

The focus for June will remain on safety and continued ramp development to the 185 m level and ore production from Zone 30 stopes.

VMS Ventures 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. Its VMS project property portfolio consists of the Reed mine, which achieved initial production in Q4-2013, 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 the Black Creek property in the Sudbury mining district.

The Reed copper deposit (4.6 Mt grading 4.52% Cu) was discovered in October of 2007. The deposit sits adjacent to Provincial Highway 39 and is midpoint between the historic mining towns of Flin Flon and Snow Lake.