VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 10, 2010) - VMS Ventures Inc. (TSX VENTURE:VMS) (the "Company"), is pleased to announce plans for a diamond drill program to begin shortly at the copper-rich Reed Lake deposit, which is the subject of a joint venture between the Company and HudBay Minerals Inc. (TSX:HBM) ("HudBay").

The Reed Lake deposit is a base metal massive sulphide-type deposit near HudBay's concentrator in Flin Flon, Manitoba. On July 6, 2010 the Company and HudBay announced that they had entered into a joint venture agreement pursuant to which HudBay has a 70% interest and the Company has a 30% interest in the Reed Lake property and the two claims immediately to the south. The parties have also entered into four option agreements which grant HudBay the right to earn a 70% joint venture interest in properties held by the Company adjacent to the Reed Lake property.

Drilling will commence with one drill on the Reed Lake deposit during the second week of August, 2010. A second drill is expected to be mobilized on the property in approximately one month. Twenty drill holes are planned for a total of 7,000 metres in this initial program.

The initial drilling program is designed to test the continuity and metallurgical characteristics of the deposit. The drill collars will be established on 40-50 metre centers to provide the necessary data to allow the completion of a National Instrument 43-101 compliant resource estimate, which HudBay has announced is scheduled for completion by the end of 2010. The drilling will be done on sections to establish the true width and strike of the deposit. Some holes, drilled previously by VMS Ventures, will be resurveyed to confirm hole location. The high-grade core of the deposit will be targeted initially, with drilling then moving outwards to explore the periphery of the deposit. Mineralization will be followed down plunge to assess exploration potential.