ROUYN-NORANDA, QC, le mars 10, 2022 /CNW/ - Visible
Gold Mines Inc. (TSXV :VGD) (FRANKFURT:3V41) is very
pleased to announce the acquisition, by map designation, of 100%
ownership interest in seventy-eight mining claims covering
3,996 hectares (40 km2) of mining land package
directly bordering Patriot Battery Metals' latest lithium pegmatite
discoveries (see Patriot's press release dated March. 8, 2022).
The mining claims are located 3.25 kilometres south east of the
recent Corvette lithium discovery. Situated along the La Grande
Greenstone Belt about 30 km from the La Grande 4 hydro-electric
power plant, high voltage power lines and airport, the property has
the potential to host multiple deposit types. A technical
compilation will be completed in the coming weeks followed by a
field exploration program this summer.
Martin Dallaire, President and
CEO of Visible Gold Mines stated, "Historically, the focus over
this area was gold and base metals and amazingly numerous outcrop
pegmatites were never evaluated nor sampled. Patriot confirmed the
presence of numerous high grade spodumene pegmatites while
exploring for gold and base metals. This summer, during our first
exploration phase, we will wear many hats ! ".
Qualified Person
Robert Sansfaçon, PGeo, senior geologist and Visible Gold Mines'
vice-president exploration, is the qualified person for Visible
Gold Mines' properties under National Instrument 43-101 -
Standards of Disclosure for Mineral Projects, responsible
for the technical contents of this news release, and has approved
the disclosure of the technical information contained herein.
About Visible Gold Mines Inc.
Visible Gold Mines is a corporation focused on gold in the
prolific Abitibi Gold Belt and the
James Bay region in the province
of Quebec. The Corporation has
33,827,039 common shares outstanding.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of the release.
SOURCE Visible Gold Mines Inc.