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Visible Gold Mines discovers two new gold showings by prospecting
Visible Gold Mines discovers two new gold showings by prospecting Canada NewsWire ...
About this update from Visible Gold Mines Inc.
[{"type":"text","content":"\n\n\n\nVisible Gold Mines discovers two new gold showings by prospecting\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.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nROUYN-NORANDA, QC, Dec. 19, 2017\n\n\n\nROUYN-NORANDA, QC, Dec. 19, 2017 /CNW Telbec/ - Visible Gold Mines Inc. (TSXV: VGD) (Frankfurt: 3V4) is pleased to provide an update on its successful 2017 summer exploration activities in the Abitibi greenstone belt, in northwest Québec.\n\nThe 2017 exploration program consisted mainly of mineral exploration on land in the Abitibi-Témiscamingue region that has seen little to no exploration to date. The prospecting work produced two gold discoveries, namely the Veronik property (gold) and the PIKO property (gold/copper). To the knowledge of Visible Gold Mines, no drilling has ever been conducted in the vicinity of these discoveries.\n\nThe Veronik Property (a new project 100% owned)\n\nThe Veronik gold property is comprised of 130 mining claims acquired immediately after the discovery by Visible Gold Mines by map designation and covers an area of approximately 62 km2. The Veronik gold property is located 75 kilometres southeast of Hecla's Casa Berardi gold mine.  \n\nThe Veronik property is underlain by the mafic volcanic rocks (basalt, andesite) and gabbros of the Clermont-Disson Formation, in the eastern part of the Archean Abitibi belt. While generally NW striking and steeply dipping in the western and central parts of the property, the mafic units are nevertheless folded at a kilometric scale, on the western edge of the syenitic to tonalitic intrusion known as the Lac de La Perdrix pluton. Prospecting was carried out in the summer and fall of 2017 on a group of outcrops located in the centre-east of the property. The outcrops contain a zone of iron carbonate chlorite schists at least 50 metres wide within the basalts and gabbros. This zone can contain 1% to 3% pyrite locally, a few quartz veins and silicification, chloritization and sericitization. Grab samples take over a section of this zone approximately 200 metres long returned ...