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Visible Gold Mines Acquires 100% Stake in the Doda South Gold Property
Visible Gold Mines Acquires 100% Stake in the Doda South Gold Property Canada News...
About this update from Visible Gold Mines Inc.
[{"type":"text","content":"\n\n\n\nVisible Gold Mines Acquires 100% Stake in the Doda South Gold Property\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nROUYN-NORANDA, QC, July 17, 2020\n\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/\n ROUYN-NORANDA, QC, July 17, 2020 /CNW Telbec/ - Visible Gold Mines Inc. (TSXV :VGD) (FRANKFURT:3V41) is pleased to announce that it has entered into a purchase agreement (the \"Purchase Agreement\") with two prospectors (the \"Vendors\") to acquire a 100% ownership interest in the 25 mining claims comprising the Doda South gold property (the \"Doda South Property\"), which is covering approximately 1,400 hectares (14 km2). The Doda South Property is located five kilometres north of the recently acquired Horsefly property and approximately 40 kilometres south of the town of Chapais in the province of Québec.\nThe Doda South property is centrally located within a highly prospective area of the Chapais - Chibougamau gold-copper camp, an area currently experiencing extensive mineral exploration. The Doda South Property is strategically located over anastomosing regional structures associated with recent gold mineralization discoveries the most recent one being on the Nelligan property held by Vanstar and IAMGOLD Corporation located east of the Doda South Property (see Vanstar's press releases dated May 30, 2019, January 10, 2019 and November 16, 2018). Reader should note that mineralization hosted on adjacent and nearby properties and operations is not necessarily indicative of mineralization hosted on the Doda South property to be acquired by Visible Gold Mines.\nIn addition, these same anastomosing regional structures over which the Doda South  Property occurs host several gold mines and deposits which include the: Lac Short Mine and Fenton Deposit to the west, the Joe Mann Mine and Philibert Deposit to the east and the Chevrier Deposit to the northeast. Reader should note that mineralization hosted on adjacent and nearby properties and operations is not neces...