VISIBLE GOLD MINES STARTS DRILLING THE SILIDOR HIGH GRADE GOLD DISCOVERY
ROUYN-NORANDA, QC, Dec. 8 /CNW Telbec/ - Visible Gold Mines Inc. (VGD:TSXV and 3V4:Frankfurt) is pleased to announce than the company has mobilized a drill rig to its Silidor gold project located in the Rouyn township Province of Quebec. Phase one of the drilling program will consist of 13 projected holes totalling 2,060 meters (see map: http://www.visiblegoldmines.com/images/property/SilidorDDH_planifNov2010.pdf). This initial program will test the vein E high grade zone discovered in the course of the last field program and announced on November 22nd, 2010. This phase one of drilling is aimed to obtain a better understanding of this gold vein.
*Projected Drilling no. | Length | Azimut | Dip | X | Y |
SI -10-01 | 300 | 198 | 46,5 | 641806,4 | 5345844,6 |
SI -10-02 | 140 | 198 | 47,5 | 641792,2 | 5345881,8 |
SI -10-03 | 140 | 198 | 47,5 | 641839,7 | 5345866,4 |
SI -10-04 | 170 | 198 | 48,5 | 641825,5 | 5345903,6 |
SI -10-05 | 110 | 198 | 46,5 | 641758,8 | 5345860,1 |
SI -10-06 | 170 | 198 | 48,5 | 641778,0 | 5345919,1 |
SI -10-07 | 140 | 198 | 47,5 | 641744,6 | 5345897,3 |
SI -10-08 | 110 | 198 | 46,5 | 641853,9 | 5345829,2 |
SI -10-09 | 170 | 198 | 48,5 | 641873,1 | 5345888,2 |
SI -10-10 | 140 | 198 | 47,5 | 641887,3 | 5345851,0 |
SI -10-11 | 250 | 198 | 48,5 | 641847,1 | 5345970,2 |
SI -10-12 | 110 | 198 | 46,5 | 641711,3 | 5345875,5 |
SI -10-13 | 110 | 198 | 46,5 | 641901,5 | 5345813,7 |
* This diamond drilling program could be modified or cancelled any time during its course
Quality Assurance / Quality Control
Visible Gold Mines has implemented and adheres to a strict Quality Assurance/Quality Control program which includes one mineralized gold standard, one blank and one duplicata for one batch of samples. Analyses are performed by ALS Chemex, Val-d'Or, an accredited laboratory.
Qualified person
This project is under the supervision of Robert Sansfacon, geologist, and Visible Gold Mines' vice-president, exploration, a qualified person as per National Instrument 43-101.
About Visible Gold Mines Inc.
Visible Gold Mines is a corporation focused on gold in the prolific Abitibi Gold Belt in Canada. The Corporation has 41,194,929 common shares outstanding, no debt and cash liquidity of approximately $5 millions.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.
For further information:
Martin Dallaire | President and Chief Executive Officer |
Telephone: | 819-762-0609, Fax: 819-762-0097 |
E-mail: | [email protected] |
Website: | www.visiblegoldmines.com |
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