Business
VISIBLE GOLD MINES DRILLS 2.2 G/T OF GOLD OVER 13.5 METRES AT SILIDOR AND PREPARES FOR MAJOR EXPLORATION PROGRAM AT FORMER PRODUCING JOUTEL PROPERTY
Jun. 16, 2011 (Canada NewsWire Group) -- ROUYN-NORANDA, QC, June 16, 2011 /CNW Telbec/ - Vis...
About this update from Visible Gold Mines Inc.
[{"type":"text","content":"\n\n\n Jun. 16, 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, June 16, 2011 /CNW Telbec/ - Visible Gold Mines Inc. (TSXV: VGD) (Frankfurt: 3V4) is pleased to provide an update on its exploration activities in the\n Abitibi Greenstone Belt of northwest Quebec where the Company expects\n to complete nearly 30,000 metres of drilling during the second half of\n this year on top of the 11,000 metres already drilled to date in 2011.\n\n\nJoutel Project\n\n\nSeveral high priority initial drill targets for the Company's flagship\n Joutel Project are being finalized with joint venture partner\n Agnico-Eagle Mines Limited (TSX: AEM).  A major exploration program\n will commence next month at Joutel with drilling scheduled from later\n this summer through the remainder of the year.  Visible Gold Mines is\n the operator of this project which comprises 800-square kilometres. \n The large land package includes the former Eagle Ouest and Telbel\n deposits which produced a combined 1.1 million ounces of gold at a\n grade of 6.0 g/t from 1974 to 1993.  Approximately 300,000 ounces of\n silver were also recovered at a grade of 1.8 g/t (reference:\n Agnico-Eagle Mines Ltd, 2011).  The Company's drill program, under the\n direction of senior geologist Robert Sansfacon, will apply a fresh\n geological approach to Joutel with the goal of outlining a\n multi-million ounce system.\n\n\n"Our geological team has already spent a substantial amount of tim...