VISIBLE GOLD MINES ANNOUNCES 2011 EXPLORATION PLAN

About this update from Visible Gold Mines Inc.

[{"type":"text","content":"\n\n\n\n Jan. 26, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nROUYN-NORANDA, QC, Jan. 26 /CNW Telbec/ - Visible Gold Mines Inc.\n (VGD:TSXV and 3V4:Frankfurt) is pleased to announce that it has\n released its exploration plan for 2011. The current plan anticipates\n mining exploration expenditures of approximately $6.5 million. The\n majority of the 2011 exploration expenditures will be used to drill\n numerous gold targets identified in the previous exploration programs\n on Visible Gold Mines' properties located in the Rouyn-Noranda region\n in the province of Québec. Drilling is expected to be on going until\n December 2011, as Visible Gold Mines' pursues its strategy to increase\n its resources. Visible Gold Mines expects to drill approximately 40,000\n metres in exploration and definition drilling during the course of\n 2011.\n\n\nSilidor Gold property update\n\n\nThe sixth diamond drill hole is currently in progress and the first five\n drill holes have intercepted two auriferous quartz veins with thickness\n varying from 0.3 to 0.6 metres, at a vertical depth down of 100 metres\n and along a distance of at least 150 metres. First partial gold grade\n results of these two veins have recovered up to 17.50 g / t Au.\n Additional results from this drill program are expected in the coming\n weeks.\n\n\nAnnual and special meeting\n\n\nThe shareholders are invited to attend the annual and special meeting of\n Visible Gold Mines' shareholders to be held at 2:00 p.m. on ...

More updates from Visible Gold Mines Inc.