VMS Ventures reports mining activities continue at the Reed Mine between Flin Flon and Snow Lake in which they have a 30 percent ownership and Hudbay which is the operator 70 percent ownership. They report in February mining activities continued to be concentrated on the zone 20 orebody.
Chief operating officer Neil Richardson reports they continue to see steady production from Reed and the operations safety performance has been good to date. He adds ore production from zone 20 continues to return good copper grades and they should continue to see better grades as they get deeper in the mine and more production comes from zone 10. Richardson says their focus continues to be on safety, ore production from zone 20 on the 110, 135 and 235 meter levels and advancing the main decline to the 260 meter level.