Welcome!

News Feed Item

Maniitsoq Drilling/Field Services Contracts Awarded

2014 Drilling Contract Awarded to Cartwright Drilling Inc. and Logistics/Camp Contract Awarded to Xploration Services Greenland ApS.

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/03/14 -- VMS Ventures Inc. (TSX VENTURE: VMS) ("VMS Ventures" or the "Company") is pleased to announce that North American Nickel Inc. (TSX VENTURE: NAN) ("North American Nickel" or "NAN"), issued a press release this morning announcing that Cartwright Drilling Inc. has been awarded the 2014 drilling contract and Xploration Services Greenland ApS has been awarded the logistics/camp contract for NAN's southwest Greenland Maniitsoq project. Work will begin in mid-April. VMS Ventures owns approximately 23.9% of NAN.

The release is as follows:

"North American Nickel Inc. is pleased to announce that drill and camp contracts have been awarded for 2014 exploration at its 100% owned Maniitsoq nickel-copper-cobalt-PGM project in Southwest Greenland.

Cartwright Drilling Inc. of Goose Bay in Central Labrador, Newfoundland and Labrador has been awarded the Diamond Drilling contract and Xploration Services Greenland ApS of Nuuk, Greenland has been awarded the Logistics/Camp contract. Both companies are highly experienced in Greenland exploration operations and have been part of previous exploration campaigns for the company.

DRILLING PROGRAM

For the upcoming drill season North American Nickel is planning a two drill program at its Maniitsoq project. The first drill is set to test immediate down plunge extensions of nickel sulphide mineralization as defined by the 2012/2013 drill campaigns and the associated Crone three-component borehole electromagnetic (BHEM) geophysical surveys at the Imiak Hill Conduit Complex (IHCC) focusing on:


--  Imiak Hill, drilling down plunge of drill hole MQ-13-028, (see figure 1,
    Nov, 2013) which intersected 24.75 metres of near massive to massive
    sulphide grading 3.19% Ni, 1.14% Cu, 0.11% Co, including;

    --  17.91m of 3.80% nickel, 1.42% copper, 0.13% cobalt and 0.01 g/t PGM

--  Imiak North, drilling down plunge of drill hole MQ-13-029, (see figure
    2, Nov, 2013) which intersected 55.75m of disseminated to near massive
    and massive sulphide grading: 1.28% nickel, 0.36% copper, 0.04% cobalt,
    and 0.03 g/t PGM, including;

    --  9.99m of 4.65% nickel, 0.33% copper, 0.13% cobalt and 0.08 g/t PGM

--  Spotty Hill, drilling down plunge of drill hole MQ-12-005, (see figure
    3, Nov, 2013) which intersected 123.94 meters of disseminated, net-
    texture, to near massive and massive sulphide grading: 0.81% nickel,
    0.21% copper, 0.03% cobalt & 0.26 g/t platinum (Pt) + palladium (Pd) +
    gold (Au), including:

    --  24.20 m @ 1.75% Ni, 0.34% Cu, 0.06% Co & 0.52 g/t Pt+Pd+Au.

Before final decisions on targeting the drills at the IHCC (see figure 4, Nov, 2013) are made, NAN's exploration team will analyse the results of the ground geophysics Deep Penetrating Electromagnetic (DPEM) and Gravity surveys scheduled to begin in mid-April at the IHCC.

The second drill will focus on priority regional EM exploration targets commencing at a new target 25 kilometres to the northwest of the IHCC called Pingo. It is a historical showing that graded 1.09% Ni and 1.00% Cu in a mineralized grab sample within a norite host rock. NAN geologists will meet in early April to finalize the list of regional exploration targets to be drill tested this year.

Drill and support crews will be on the ground on June 7th with drilling scheduled to start approximately June 10th.

Cartwright Drilling Inc. was established in 1995 and has been servicing the mining/exploration industry with lightweight, fully hydraulic custom built drills. Cartwright has drilled in Greenland continuously since 2004, sometimes with as many as six rigs. Long term clients are Hudson Resources, Nuna Minerals, Red Rock Resources and London Mining PLC. Cartwright specializes in helicopter-portable drill jobs in remote areas. The company has drilled in numerous provinces throughout Canada, South America and Africa, and currently owns 25 drill rigs, including 4 geo-technical drills.

LOGISTICS/CAMP SERVICES

Xploration Services Greenland ApS (hereafter XS), and North American Nickel Inc. have entered into an administration, liaison and logistics agreement. XS will assume responsibility for pre-field season operational and support planning; spring season operation; mobilization; operation of main camp, including catering; demobilization and post-field season operational reporting. This includes all logistics and related issues in connection with NAN's 2014 Maniitsoq exploration & drilling program.

XS, will, on behalf of NAN, take care of administration and assist with reporting requirements, as required. XS will also undertake consultation with Tax Authorities, the Bureau of Minerals and Petroleum (BMP) and the four Municipalities of Greenland in regard to issues related to corporate matters, personnel and subcontractors.

Qualified Person

All technical information in this release has been reviewed by Dr. Mark Fedikow, P.Geo, who is the Qualified Person for the Company and President, North American Nickel Inc."

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 mine, which is subject to a 70-30 JV with Hudbay Minerals and 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 camp.

VMS Ventures owns approximately 23.9% of North American Nickel Inc. (TSX VENTURE: NAN). For more information on North American Nickel Inc., please visit www.northamericannickel.com.

ON BEHALF OF THE BOARD OF DIRECTORS

John Roozendaal, B.Sc., President, VMS Ventures Inc.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this news release.

To view Figure 1: Vertical longitudinal section through the Imiak Hill Zone (looking west), please visit the following link: http://media3.marketwire.com/docs/937723fig1.pdf.

To view Figure 2: Imiak North Drill Plan, please visit the following link: http://media3.marketwire.com/docs/937723fig2.pdf.

To view Figure 3: Spotty Hill Drill Plan, please visit the following link: http://media3.marketwire.com/docs/937723fig3.pdf.

To view Figure 4: Imiak Hill Conduit Complex (IHCC), please visit the following link: http://media3.marketwire.com/docs/937723fig4.pdf.

Contacts:
VMS Ventures Inc.
Evan Sleeman
Director and Corporate Secretary
(604) 986-2020 or Toll Free: 1-866-816-0118
www.vmsventures.com

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
SoftLayer operates a global cloud infrastructure platform built for Internet scale. With a global footprint of data centers and network points of presence, SoftLayer provides infrastructure as a service to leading-edge customers ranging from Web startups to global enterprises. SoftLayer's modular architecture, full-featured API, and sophisticated automation provide unparalleled performance and control. Its flexible unified platform seamlessly spans physical and virtual devices linked via a world...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York and Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty ...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, will provide an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life ...
SYS-CON Events announced today that AppNeta, the leader in performance insight for business-critical web applications, will exhibit and present at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. AppNeta is the only application performance monitoring (APM) company to provide solutions for all applications – applications you develop internally, business-critical SaaS applications you use and the networks that deli...
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management...
Companies can harness IoT and predictive analytics to sustain business continuity; predict and manage site performance during emergencies; minimize expensive reactive maintenance; and forecast equipment and maintenance budgets and expenditures. Providing cost-effective, uninterrupted service is challenging, particularly for organizations with geographically dispersed operations.
SYS-CON Events announced today that Tintri Inc., a leading producer of VM-aware storage (VAS) for virtualization and cloud environments, will exhibit at the 18th International CloudExpo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
Designing IoT applications is complex, but deploying them in a scalable fashion is even more complex. A scalable, API first IaaS cloud is a good start, but in order to understand the various components specific to deploying IoT applications, one needs to understand the architecture of these applications and figure out how to scale these components independently. In his session at @ThingsExpo, Nara Rajagopalan is CEO of Accelerite, will discuss the fundamental architecture of IoT applications, ...
18th Cloud Expo, taking place June 7-9, 2016, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterprises are using some...
As cloud and storage projections continue to rise, the number of organizations moving to the cloud is escalating and it is clear cloud storage is here to stay. However, is it secure? Data is the lifeblood for government entities, countries, cloud service providers and enterprises alike and losing or exposing that data can have disastrous results. There are new concepts for data storage on the horizon that will deliver secure solutions for storing and moving sensitive data around the world. ...
In the rush to compete in the digital age, a successful digital transformation is essential, but many organizations are setting themselves up for failure. There’s a common misconception that the process is just about technology, but it’s not. It’s about your business. It shouldn’t be treated as an isolated IT project; it should be driven by business needs with the committed involvement of a range of stakeholders.
SYS-CON Events announced today that EastBanc Technologies will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. EastBanc Technologies has been working at the frontier of technology since 1999. Today, the firm provides full-lifecycle software development delivering flexible technology solutions that seamlessly integrate with existing systems – whether on premise or cloud. EastBanc Technologies partners with p...
SYS-CON Events announced today that BMC Software has been named "Siver Sponsor" of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. BMC is a global leader in innovative software solutions that help businesses transform into digital enterprises for the ultimate competitive advantage. BMC Digital Enterprise Management is a set of innovative IT solutions designed to make digital business fast, seamless, and optimized from mainframe to mo...
Join us at Cloud Expo | @ThingsExpo 2016 – June 7-9 at the Javits Center in New York City and November 1-3 at the Santa Clara Convention Center in Santa Clara, CA – and deliver your unique message in a way that is striking and unforgettable by taking advantage of SYS-CON's unmatched high-impact, result-driven event / media packages.