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
20th Cloud Expo, taking place June 6-8, 2017, 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.
IoT solutions exploit operational data generated by Internet-connected smart “things” for the purpose of gaining operational insight and producing “better outcomes” (for example, create new business models, eliminate unscheduled maintenance, etc.). The explosive proliferation of IoT solutions will result in an exponential growth in the volume of IoT data, precipitating significant Information Governance issues: who owns the IoT data, what are the rights/duties of IoT solutions adopters towards t...
"We are a modern development application platform and we have a suite of products that allow you to application release automation, we do version control, and we do application life cycle management," explained Flint Brenton, CEO of CollabNet, in this SYS-CON.tv interview at DevOps at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Regulatory requirements exist to promote the controlled sharing of information, while protecting the privacy and/or security of the information. Regulations for each type of information have their own set of rules, policies, and guidelines. Cloud Service Providers (CSP) are faced with increasing demand for services at decreasing prices. Demonstrating and maintaining compliance with regulations is a nontrivial task and doing so against numerous sets of regulatory requirements can be daunting task...
SYS-CON Events announced today that Dataloop.IO, an innovator in cloud IT-monitoring whose products help organizations save time and money, 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. Dataloop.IO is an emerging software company on the cutting edge of major IT-infrastructure trends including cloud computing and microservices. The company, founded in the UK but now based in San Fran...
WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web communications world. The 6th WebRTC Summit continues our tradition of delivering the latest and greatest presentations within the world of WebRTC. Topics include voice calling, video chat, P2P file sharing, and use cases that have already leveraged the power and convenience of WebRTC.
CloudJumper, a Workspace as a Service (WaaS) platform innovator for agile business IT, has been recognized with the Customer Value Leadership Award for its nWorkSpace platform by Frost & Sullivan. The company was also featured in a new report(1) by the industry research firm titled, “Desktop-as-a-Service Buyer’s Guide, 2016,” which provides a comprehensive comparison of DaaS providers, including CloudJumper, Amazon, VMware, and Microsoft.
Application transformation and DevOps practices are two sides of the same coin. Enterprises that want to capture value faster, need to deliver value faster – time value of money principle. To do that enterprises need to build cloud-native apps as microservices by empowering teams to build, ship, and run in production. In his session at @DevOpsSummit at 19th Cloud Expo, Neil Gehani, senior product manager at HPE, discussed what every business should plan for how to structure their teams to delive...
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his general session at @DevOpsSummit at 19th Cloud Expo, Phil Hombledal, Solution Architect at CollabNet, discussed how customers are able to achieve a level of transparency that e...
SYS-CON Events announced today that Fusion, a leading provider of cloud services, 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. Fusion, a leading provider of integrated cloud solutions to small, medium and large businesses, is the industry’s single source for the cloud. Fusion’s advanced, proprietary cloud service platform enables the integration of leading edge solutions in the cloud, including clou...
Unsecured IoT devices were used to launch crippling DDOS attacks in October 2016, targeting services such as Twitter, Spotify, and GitHub. Subsequent testimony to Congress about potential attacks on office buildings, schools, and hospitals raised the possibility for the IoT to harm and even kill people. What should be done? Does the government need to intervene? This panel at @ThingExpo New York brings together leading IoT and security experts to discuss this very serious topic.
Without a clear strategy for cost control and an architecture designed with cloud services in mind, costs and operational performance can quickly get out of control. To avoid multiple architectural redesigns requires extensive thought and planning. Boundary (now part of BMC) launched a new public-facing multi-tenant high resolution monitoring service on Amazon AWS two years ago, facing challenges and learning best practices in the early days of the new service. In his session at 19th Cloud Exp...
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time. In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, sha...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided 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 sett...
Much of the value of DevOps comes from a (renewed) focus on measurement, sharing, and continuous feedback loops. In increasingly complex DevOps workflows and environments, and especially in larger, regulated, or more crystallized organizations, these core concepts become even more critical. In his session at @DevOpsSummit at 18th Cloud Expo, Andi Mann, Chief Technology Advocate at Splunk, showed how, by focusing on 'metrics that matter,' you can provide objective, transparent, and meaningful f...