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Visible Gold Mines discovers high-grade gold boulders on its new project in the James Bay region
ROUYN-NORANDA, QC , Sept. 24, 2014 /CNW Telbec/ - Visible Gold Mines Inc. (TSXV: VGD) (F...
About this update from Visible Gold Mines Inc.
[{"type":"text","content":"\n\nROUYN-NORANDA, QC, Sept. 24, 2014 /CNW Telbec/ - Visible Gold Mines Inc. (TSXV: VGD) (Frankfurt: 3V4) is pleased to announce the discovery of four rusty and angular boulders located on the south part of its new project called \"167 EXTENSION\".  The project is located approximately 320 kilometres north of Chibougamau city in the James Bay region in the heart of Plan Nord territory.  The 167 EXTENSION project is 100% owned by Visible Gold Mines.\n\nThe erratic boulders were discovered over a distance of 400 metres (near km105) along the new road under construction that links Stornoway's Renard Diamond project to the provincial highway network.  A table outlining the results follows:\n\n\n\n\nSample no.        \n\n\nAu (g/t)             \n\n\nAg (g/t)             \n\n\nCu (%)              \n\n\nZn (%)\n\n\n\n55130\n\n\n7.28\n\n\n56.80\n\n\n2.23\n\n\n2.99\n\n\n\n55131\n\n\n36.21\n\n\n29.00\n\n\n0.20\n\n\n-\n\n\n\n55132\n\n\n38.76\n\n\n68.40\n\n\n2.05\n\n\n0.02\n\n\n\n55133\n\n\n8.00\n\n\n18.60\n\n\n0.16\n\n\n-\n\n\"These positive early indications underscore the potential of this entire area, which has clearly been under-explored and is now all-season accessible by vehicle,\" stated Martin Dallaire, Visible Gold Mines' President and CEO.  \"We keep reminding our geological team that the two last major discoveries in James Bay area, Goldcorp's Eleonore and Stornoway's Renard discoveries, were both discovered by boulder tracing in glaciated terrain.\" See company website at www.visiblegoldmines.com for map and pictures.\n\nA recent prospecting and mapping fieldtrip also outlined another interesting area north of the discovery along the construction road over a distance of 500 meters.  Several rusty and angular erratic boulders were discovered. The boulders are primarily composed of alteration minerals with semi-massive to massive sulphides. Samples from these boulders were sent for analysis and results will be released as they become available.  Following the receipt of all sample results, the Visible Gold Mines geological team will review the results and establish an exploration...