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Visible Gold Mines Intersects gold values in hole 167-16-28
Visible Gold Mines Intersects gold values in hole 167-16-28 Visible Gold Mines Int...
About this update from Visible Gold Mines Inc.
[{"type":"text","content":"\n\n\n\nVisible Gold Mines Intersects gold values in hole 167-16-28\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\nVisible Gold Mines Intersects gold values in hole 167-16-28\nCanada NewsWire\nROUYN-NORANDA, QC, March 11, 2016\n\n\n\nROUYN-NORANDA, QC, March 11, 2016 /CNW Telbec/ - Visible Gold Mines Inc. (TSXV: VGD) (Frankfurt: 3V4) is pleased to announce that phase two of its winter diamond drill exploration program consisting of three drill holes totalling 603 metres is now complete. \n\nThe drill program targeted two anomalies generated by induced polarization (167-16-26 and 167-16-27) as well as one geochemistry soil anomaly (167-16-28).  Located at kilometre 561 (341 km north of Chibougamau city), the beginning of hole 167-16-28 consisted of a zone of disseminated pyrite while a zone of cemented breccia, hematized was intercepted deeper. Located at kilometre 555, hole 167-16-26 intercepted a zone of approximately a dozen metres containing mineralization consisting of disseminated pyrite also hematized containing volcanic rocks. Hole 167-16-27 was located at kilometre 558, the IP anomalous zone intercepted, can be explained by finely disseminated mineralization within a conglomerate matrix.\n\n\"We are progressively moving forward with this exciting Project 167\" stated Martin Dallaire, President and CEO of Visible Gold Mines. \"Our 2015 summer till sampling program yielded a significant amount of gold and last December, two holes on the north block and our first hole on the central block of the Project 167 returned anomalous gold values\" added Mr. Dallaire.\n\nDecember 2015 Drilling Results\n\nAssay results from the December 2015 five hole drilling program totalling 966 metres on the North Block of the Project 167 have been announced in February 2016.  Of these, two drill holes, 167-15-23 and 167-15-25, intersected anomalous gold values. 167-15-23, intersected a mineralized quartz vein in a mudstone that returned 0.356 g/t over 0.29 metre and  hole 167-15-25 a vein containing pyrite, pyrrhotite and arsenopyrite in sedimentary rock th...