🕐22.09.11 - 02:27 Uhr

VISIBLE GOLD MINES WASAMAC-AREA PROPERTIES FEATURED ON SMARTSTOX





Visible Gold Mines Wasamac-Area Properties Featured On Smartstox

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Watch the Smartstox Interview with Martin Dallaire, President

Theres a fascinating but not widely known exploration story unfolding west of Rouyn-Noranda, Quebec, where Visible Gold Mines aptly-named Lucky Break Project is delivering encouraging early results. Whats particularly interesting is that this project, which covers 6,000 hectares, surrounds much of Richmont Mines growing Wasamac deposit which is well on its way to becoming the largest gold discovery ever between the famous Horne Mine in Rouyn-Noranda and the Kerr Addison Mine in Virginiatown, Ontario, two past producers that combined for more than 20 million ounces of gold.

The area west of Rouyn-Noranda, leading out to Virginiatown, has gone under-explored for a variety of reasons ever since the regions initial gold rush in the 1920s. But thats quickly changing and Visible Gold Mines is uniquely positioned to follow-up on Richmonts success with a potential discovery of its own.

BUILT FOR SUCCESS

A junior exploration companys financial muscle and its team of people are critical elements that greatly increase or decrease its chances of success. In the case of Visible Gold Mines, its well financed and led by a President and CEO, Martin Dallaire, with a strong business background. He has recruited a powerful geological team headed by Robert Sansfacon, well known in Quebec mining circles. Sansfacon is a for- mer project manager for Lac Minerals and was involved in the discovery of Osisko Minings massive Canadian Malartic deposit which is now Canadas largest commercial mine, just over an hours drive to the east of Visible Gold Mines Lucky Break Project.

Sansfacon has all the ammunition he needs a substantial exploration budget, quality help and a highly attractive land package-to nail down northwest Quebecs next important gold deposit through Visible Gold Mines. The company utilizes its own crews and equipment for everything from wood cutting to core-splitting to line cutting, geo- physics and mapping. Over the final four months of the year, Visible Gold Mines expects to drill 20,000 additional metres at its two major optioned projects-Lucky Break and Joutel.

LUCKY BREAK

Lucky Break includes two strategic properties, Wasa Creek and Wasa East, that border each side of Richmonts Wasamac Property located immediately off the main highway 15km west of Rouyn-Noranda. Amazingly enough, there had been virtually no previous ex- ploration at either Wasa Creek or Wasa East until Visible Gold Mines started working on these properties early this past summer.

Wasa Creek covers a 3.5km stretch of the prolific Cadillac Fault and in Visible Gold Mines very first hole drilled at the property the company intersected some intriguing structures. On August 11, 2011, the company reported that drilling discovered four distinct zones of gold mineralization including a 16.4-metre shear zone with a similar style of mineralization to that of the nearby Wasamac. Since then the company has identified other gold-bearing structures with assay results pending for 12 out of 13 holes drilled in Phase 1 (8,800 metres in total). An aggressive Phase 2 program will be carried out over the final three months of the year while the company will soon be testing Wasa East with an initial series of drill holes. Ground surveys and geophysical anomalies have given Sansfacon and his team confidence that Wasa East is also highly prospective for a potential gold deposit.

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