Welcome!

News Feed Item

Surface Deep Time Domain Electromagnetic and Gravity Geophysical Surveys Commence at Maniitsoq (Greenland) Nickel Sulphide Project

Imiak Hill Conduit Complex and Regional EM Targets Reviewed with Expert Panel

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/17/14 -- 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 Crone Geophysics of Mississauga, Ontario have mobilized their crews to the Imiak Hill Conduit Complex (IHCC) for NAN's southwest Greenland Maniitsoq project. VMS Ventures owns approximately 23.9% of NAN.

The release is as follows:

"North American Nickel Inc. is pleased to announce that Crone Geophysics of Mississauga, Ontario have mobilized their crews to the Imiak Hill Conduit Complex (IHCC), part of the Company's 100% owned Maniitsoq nickel-copper-cobalt-PGM project in southwest Greenland.

Geophysical Surveys Underway

The geophysical survey work now underway consists of surface time-domain PEM and gravity surveys in the Imiak Hill Conduit Complex, where significant nickel-copper-cobalt PGE mineralization has been intersected in drill holes by the company over the past two drill seasons. These intersections include:


--  Imiak Hill DDH MQ-13-028: 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 DDH MQ-13-029: 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; and 
    
--  Spotty Hill DDH MQ-12-005: 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. 

Geological Team Meeting April 8-10, 2014 in Winnipeg

As preparation for the 2014 field and drill program all norite-hosted nickel sulphide mineralized drill targets were reviewed by the NAN Geological team and four invited geoscientists familiar with nickel sulphide deposits and advanced methods of interpretation of geophysical responses to nickel sulphide mineralization. The review was undertaken at a meeting convened in Winnipeg by North American Nickel with a view to expanding discovery possibilities and then confirming and prioritizing drill targets for this year's drill program.

President Dr. Mark Fedikow P.Geo. states: "Our deepest hole to date at Imiak Hill in the IHCC intersected high-grade massive sulphide nickel-copper mineralization 185 m below surface. The new geophysical ground surveys are designed to look below that depth and define the extent and shape of our high-grade mineralized zones providing plunge, strike and dip attitudes for the mineralization. The results from these 2014 ground geophysical surveys coupled with the airborne surveys and drill results from 2012 and 2013 will assist with drill targeting at the IHCC. Our team worked last week with four seasoned and internationally experienced nickel sulphide geoscientists. The agenda included a thorough review of the IHCC and all the regional norite-hosted nickel sulphide targets identified as a priority for the 2014 season. We look forward to including them again along the path to discovery at Maniitsoq."

The PEM Survey

The PEM system operates by placing a large loop of insulated wire on the ground through which a precisely-controlled changing current induces magnetic responses from conductors hundreds of metres deep in the ground. It can be used to detect and discriminate between a wide range of conductivities from poor (zinc), to excellent (copper and nickel). Due to its unique transmitted current waveform and its receiver's measuring system, Crone has developed a step-response transformation of the data which extends this range of detection and discrimination into the extremely high conductance that is seen in nickel exploration. This feature has made the Crone PEM system an important part of the exploration efforts in nickel exploration camps around the world, such as the Raglan camp, Voisey's Bay, Sudbury, Alaska, Tanzania, Western Australia, and now Greenland.

The Gravity Survey

In addition to the Pulse EM survey, Crone will carry out a gravity survey with a 2 person crew consisting of a gravity operator and a GPS operator with extensive experience in precision gravity surveys. The equipment consists of LaCoste & Romberg model G gravity meters with a reading resolution of 0.01 mGal. The differential GPS (DGPS) system is the Leica - model 1230 Dual Frequency, Dual Constellation (GPS & GLONASS) RTK, rover and Base Station with an accuracy of 1 cm + 1 ppm in separation from the base station to the rover. The crew has extensive worldwide experience and is capable of reducing the data to bouguer mGal values nightly in the field. Gravity surveys measure extremely small variations in the Earth's gravitational field, which can be used to locate high density material such as nickel sulphide-bearing rock.

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.

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
For financial firms, the cloud is going to increasingly become a crucial part of dealing with customers over the next five years and beyond, particularly with the growing use and acceptance of virtual currencies. There are new data storage paradigms on the horizon that will deliver secure solutions for storing and moving sensitive financial data around the world without touching terrestrial networks. In his session at 20th Cloud Expo, Cliff Beek, President of Cloud Constellation Corporation, w...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
SYS-CON Events announced today that Progress, a global leader in application development, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Enterprises today are rapidly adopting the cloud, while continuing to retain business-critical/sensitive data inside the firewall. This is creating two separate data silos – one inside the firewall and the other outside the firewall. Cloud ISVs ofte...
Existing Big Data solutions are mainly focused on the discovery and analysis of data. The solutions are scalable and highly available but tedious when swapping in and swapping out occurs in disarray and thrashing takes place. The resolution for thrashing through machine learning algorithms and support nomenclature is through simple techniques. Organizations that have been collecting large customer data are increasingly seeing the need to use the data for swapping in and out and thrashing occurs ...
SYS-CON Events announced today that Outscale, a global pure play Infrastructure as a Service provider and strategic partner of Dassault Systèmes, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2010, Outscale simplifies infrastructure complexities and boosts the business agility of its customers. Outscale delivers a secure, reliable and industrial strength solution for its customers, which in...
Cloud applications are seeing a deluge of requests to support the exploding advanced analytics market. “Open analytics” is the emerging strategy to deliver that data through an open data access layer, in the cloud, to be directly consumed by external analytics tools and popular programming languages. An increasing number of data engineers and data scientists use a variety of platforms and advanced analytics languages such as SAS, R, Python and Java, as well as frameworks such as Hadoop and Spark...
SYS-CON Events announced today that DivvyCloud will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. DivvyCloud software enables organizations to achieve their cloud computing goals by simplifying and automating security, compliance and cost optimization of public and private cloud infrastructure. Using DivvyCloud, customers can leverage programmatic Bots to identify and remediate common cloud problems in rea...
Amazon started as an online bookseller 20 years ago. Since then, it has evolved into a technology juggernaut that has disrupted multiple markets and industries and touches many aspects of our lives. It is a relentless technology and business model innovator driving disruption throughout numerous ecosystems. Amazon’s AWS revenues alone are approaching $16B a year making it one of the largest IT companies in the world. With dominant offerings in Cloud, IoT, eCommerce, Big Data, AI, Digital Assis...
Interested in leveling up on your Cloud Foundry skills? Join IBM for Cloud Foundry Days on June 7 at Cloud Expo New York at the Javits Center in New York City. Cloud Foundry Days is a free half day educational conference and networking event. Come find out why Cloud Foundry is the industry's fastest-growing and most adopted cloud application platform.
While some vendors scramble to create and sell you a fancy solution for monitoring your spanking new Amazon Lambdas, hear how you can do it on the cheap using just built-in Java APIs yourself. By exploiting a little-known fact that Lambdas aren’t exactly single threaded, you can effectively identify hot spots in your serverless code. In his session at 20th Cloud Expo, David Martin, Principal Product Owner at CA Technologies, will give a live demonstration and code walkthrough, showing how to ov...
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
Most DevOps journeys involve several phases of maturity. Research shows that the inflection point where organizations begin to see maximum value is when they implement tight integration deploying their code to their infrastructure. Success at this level is the last barrier to at-will deployment. Storage, for instance, is more capable than where we read and write data. In his session at @DevOpsSummit at 20th Cloud Expo, Josh Atwell, a Developer Advocate for NetApp, will discuss the role and value...
In order to meet the rapidly changing demands of today’s customers, companies are continually forced to redefine their business strategies in order to meet these needs, stay relevant and continue to see profitable growth. IoT deployment and development is integral in this transformation, and today businesses are increasingly seeing the value of investing their resources into IoT deployments. These technologies are able increase ROI through projects such as connecting supply chains or enabling sm...
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists will examine how DevOps helps to meet th...