VMS Ventures and operating partner HudBay Minerals to commence production at the Reed Mine in 2013

Jan 3, 2013

Summary of the Reed Mine’s Economic Assessment Initial production at Reed is expected by Q 4 – 2013 and will ramp up to full production of approximately 1,300 tonnes per day by Q1 – 2014. Average expected reserve ore grades of 3.83% copper, 0.48 g/t gold and 6.02 g/t silver, slightly better than PEA due to the exclusion of the inferred resources in the pre-feasibility study. Assumed metal recoveries in HudBay’s Flin Flon Concentrator of 94% copper, 58% gold and 62%...

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Cavan Ventures Inc.: First Phase of Pythonga Project Completed

Jan 3, 2013

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Jan. 3, 2013) – Cavan Ventures Inc. (“Cavan” or the “Company”) (TSX VENTURE:CVN) announces it has completed a first phase ground program on its 100% owned Pythonga rare earth property located in Quebec. The program, completed in Q4 2012, consisted of channel sampling, limited line cutting, limited radiometric survey, surface delimiting for future stripping and prospecting under the guidance of C.D.G.C. inc....

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