CA Market News
1月前
VISIBLE GOLD MINES INCREASES CASH POSITION BY $2.6 MILLION AND APPOINTS NEW CFOMay 1, 2026 7:30 AM
PR Newswire (Canada)
ROUYN-NORANDA, QC, May 1, 2026 /CNW/ - Visible Gold Mines Inc. ("Visible Gold" or the "Company") (TSXV: VGD) (FRANKFURT: 3V41) is pleased to announce the receipt of $2.6 million in cash following the disposition of the Fokus Mining Corp. shares held by the Company. This non-dilutive cash inflow strengthens the Company's financial position and enables it to focus on advancing its flagship Horsefly gold project, located immediately west of and contiguous with IAMGOLD's Nelligan Mining Complex in the Chibougamau Mining Camp in Québec, while also supporting other growth initiatives.The Company is also pleased to announce the appointment of Sylvain Champagne as Chief Financial Officer, effective immediately. Mr. Champagne succeeds Véronique Laberge, who has stepped down to pursue other opportunities.Mr. Champagne brings over 20 years of experience in the financial and mining sectors. He currently serves as Chief Financial Officer of Comet Lithium Corp. and previously held the role of Chief Financial Officer at Visible Gold from July 17, 2007 to July 30, 2025.The Board of Directors would like to thank Ms. Laberge for her dedicated service, her contributions to the Company, and her commitment to advancing the interests of Visible Gold's shareholders.About Visible Gold Mines Inc.Visible Gold Mines (TSXV: VGD) (FRANKFURT: 3V41) is a mining exploration company focused on acquiring, exploring and developing gold projects in the prolific Abitibi Gold Belt and the James Bay region in the province of Québec.Website: www.visiblegoldmines.comForward-Looking StatementsThis news release contains statements that may constitute "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information may include, among others, statements regarding the future plans, costs, objectives or performance of Visible Gold Mines, or the assumptions underlying any of the foregoing. In this news release, words such as "may", "would", "could", "will", "likely", "believe", "expect", "anticipate", "intend", "plan", "estimate" and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur. Forward-looking information is based on information available at the time and/or management's good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond Visible Gold Mines' control. These risks, uncertainties and assumptions include, but are not limited to, those described under "Financial Risks" and "Risk Factors" in Visible Gold Mines' Annual Report for the fiscal year ended July 31, 2025, a copy of which is available on SEDAR at www.sedar.com, and could cause actual events or results to differ materially from those projected in any forward-looking statements. Visible Gold Mines does not intend, nor does Visible Gold Mines undertake any obligation, to update or revise any forward-looking information contained in this news release to reflect subsequent information, events or circumstances or otherwise, except if required by applicable laws.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.
Original: VISIBLE GOLD MINES INCREASES CASH POSITION BY $2.6 MILLION AND APPOINTS NEW CFO
CA Market News
2月前
Video - CEO Clips: Visible Gold Mines Targets Discovery in Emerging Quebec Gold DistrictApril 1, 2026 1:00 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - April 1, 2026) - Visible Gold Mines Inc. (TSXV: VGD) is exploring a 200 km² gold land package in Quebec positioned near major discoveries within the Nelligan district. With historical gold occurrences including grades up to 18 g/t and proximity to a multi-million-ounce deposit, the company is applying targeted exploration across what it believes could become an emerging gold camp.Visible Gold Mines Inc. (TSXV: VGD)
https://www.visiblegoldmines.com/[Suppressed Sound Link]Cannot view this video? Visit:
www.b-tv.com/post/ceo-clips-visible-gold-mines-targets-discovery-in-emerging-quebec-gold-district-btv-60About BTV - Business Television:For over 25 years, BTV has been a capital markets focused TV production and Digital Marketing Agency. BTV helps companies increase their brand awareness to a national retail and institutional investor audience, combining unique content creation and major distribution services on top tier networks including Bloomberg, CNBC, FOX Business News and financial sites. The BTV suite of strategic products include: BTV- Business Television Show, CEO Clips™, TV Branding Ads, Digital, Lead Gen, Social and Direct Email Marketing Campaigns that reach investors where they research and live on-air and online.Discover Investment Opportunities!www.b-tv.com/theagency About CEO Clips:
CEO Clips - are short company video profiles broadcast to a large audience of investors on TV and 15+ financial sites including Reuters, Yahoo!Finance, and Wall Street Journal.Contact: Trina Schlingmann (604) 664-7401 x 5 trina@b-tv.com To view the source version of this press release, please visit https://www.newsfilecorp.com/release/290321
Original: Video - CEO Clips: Visible Gold Mines Targets Discovery in Emerging Quebec Gold District
CA Market News
3月前
VISIBLE GOLD EXPANDS HORSEFLY GOLD PROPERTY BY 170 KM² IMMEDIATELY WEST OF IAMGOLD'S NELLIGAN MINING COMPLEXMarch 2, 2026 7:30 AM
PR Newswire (Canada)
ROUYN-NORANDA, QC, March 2, 2026 /CNW/ - Visible Gold Mines Inc. ("Visible Gold" or the "Company") (TSXV: VGD) (FRANKFURT: 3V41) is pleased to announce the expansion of its wholly-owned Horsefly property through the acquisition of a 100% undivided interest in 304 mining claims (the "Property"), located immediately west of and contiguous with IAMGOLD's Nelligan Mining Complex in the Chibougamau Mining Camp in Québec.The Horsefly property, now comprising 392 mining claims, is strategically located in the Eeyou Istchee James Bay region of Québec, approximately 140 km northeast of Lebel-sur-Quévillon and 45 km southwest of Chapais. The property is situated within the prospective Chibougamau volcano-sedimentary belt — a geological setting recognized for its gold-bearing potential (see Figure 1). Historical work has outlined several prospective gold occurrences across the Horsefly property, highlighted by the Chemin Barrette-Ouest showing, which shares several similarities with the Nelligan gold showing, and a 9.26 g/t Au, 0.24% Cu grab sample at Lac Phooey. Diamond drilling further returned anomalous intercepts of 18.13 g/t Au over 1.65 m (Lac Phooey, LAN-07), and 1.10 g/t Au over 1.00 m (H-1455-002). The depth and true widths of these intervals have not been determined.Recent high-resolution heliborne magnetic surveys and remote sensing studies have further enhanced the geological understanding of the property, delineating significant deformation corridors, shearing zones, and a sizeable felsic to intermediate intrusion northwest of Horsefly Lake — all key structural and lithological controls commonly associated with orogenic gold systems.Given these favorable geological, structural, and geophysical characteristics, the Horsefly property exhibits strong potential for an orogenic gold discovery and warrants a systematic, target-driven exploration program.Jean-Marc Lacoste, President and CEO of Visible Gold stated: "This expansion enhances our strategic footprint directly west of IAMGOLD's Nelligan Mining Complex, which hosts three major gold deposits totalling 4.3 million ounces of gold (Measured and Indicated) and 7.5 million ounces of gold (Inferred). Encouraging historical results and surface showings from only a small portion of the expanded Horsefly property underscore the strong exploration potential across the largely underexplored land package, which we intend to methodically unlock."As consideration for the acquisition of a 100% interest in the Property, Visible Gold will provide the Vendor with:$50,000 in cash upon execution of the agreement;$100,000 in cash at closing; and1,000,000 common shares of the Company to be issued at closing.The Vendor will retain no royalties in the Property, resulting in Visible Gold holding a 100% unencumbered interest.The agreement is subject to regulatory approval. The shares to be issued pursuant to the agreement is subject to a resale restriction period of four months and one day.All scientific and technical information of this press release has been reviewed and approved by Louis Martin, P.Geo. (OGQ), a consultant to the Company and a Qualified Person for the purposes of NI 43-101. Mr. Martin has reviewed and verified the historical assay results and noted no errors or omissions during the data verification process. The Company and Mr. Martin do not recognize any factors of sampling or recovery that could materially affect the accuracy or reliability of the historical assay data and exploration results disclosed in this news release.About Visible Gold Mines Inc.Visible Gold Mines (TSXV: VGD) (FRANKFURT: 3V41) is a mining exploration company focused on acquiring, exploring and developing gold projects in the prolific Abitibi Gold Belt and the James Bay region in the province of Québec.Website: www.visiblegoldmines.comForward-Looking StatementsThis news release contains statements that may constitute "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information may include, among others, statements regarding the future plans, costs, objectives or performance of Visible Gold Mines, or the assumptions underlying any of the foregoing. In this news release, words such as "may", "would", "could", "will", "likely", "believe", "expect", "anticipate", "intend", "plan", "estimate" and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur. Forward-looking information is based on information available at the time and/or management's good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond Visible Gold Mines' control. These risks, uncertainties and assumptions include, but are not limited to, those described under "Financial Risks" and "Risk Factors" in Visible Gold Mines' Annual Report for the fiscal year ended July 31, 2025, a copy of which is available on SEDAR at www.sedar.com, and could cause actual events or results to differ materially from those projected in any forward-looking statements. Visible Gold Mines does not intend, nor does Visible Gold Mines undertake any obligation, to update or revise any forward-looking information contained in this news release to reflect subsequent information, events or circumstances or otherwise, except if required by applicable laws.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.
Original: VISIBLE GOLD EXPANDS HORSEFLY GOLD PROPERTY BY 170 KM² IMMEDIATELY WEST OF IAMGOLD'S NELLIGAN MINING COMPLEX
CA Market News
4月前
VISIBLE GOLD MINES ANNOUNCES TERMINATION OF MEGALI OPTION AGREEMENT ADJACENT TO PMET RESOURCES HIGH GRADE LITHIUM AND CAESIUM DISCOVERIES IN THE JAMES BAY REGIONFebruary 4, 2026 8:17 AM
PR Newswire (Canada)
ROUYN-NORANDA, QC, Feb. 4, 2026 /CNW/ - Visible Gold Mines Inc. (TSXV: VGD) is pleased to announce that SPOD Lithium has agreed to terminate its option agreement, originally announced on August 4, 2022. Under this mineral option agreement, SPOD had the option to acquire a 50% undivided interest in the MegaLi Property. The MegaLi Property is comprised of a total of 78 mining claims covering a total area of 40 square kilometres and is located in the James Bay Region in the Province of Québec.The MegaLi Property remains a significant asset for Visible Gold Mines. Since the signature of the option agreement with SPOD Lithium in 2022, PMET Resources has worked tirelessly on their adjacent Shaakichiuwaanaan project and has made several new lithium and caesium discoveries. Additionally, the CV13 pegmatite located less than 2 km from Visible Gold Mines' MegaLi project now hosts the world's largest pollucite-hosted caesium pegmatite Mineral Resource at the Rigel and Vega zones with 0.69 Mt at 4.40% Cs2O (Indicated), and 1.70 Mt at 2.40% Cs2O (Inferred). (see PMET News Release dec.14, 2025).Overall, SPOD Lithium has paid Visible Gold Mines $175,000, issued 2,375,000 SPOD common shares and has carried out work on the property (78 mining titles) totaling $1,162.529. Each party has released the other from any liability or further obligation under the agreement.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. Visible Gold Mines has 37,155,164 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.Website: www.visiblegoldmines.comForward-Looking StatementsThis news release contains statements that may constitute "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information may include, among others, statements regarding the future plans, costs, objectives or performance of Visible Gold Mines, or the assumptions underlying any of the foregoing. In this news release, words such as "may", "would", "could", "will", "likely", "believe", "expect", "anticipate", "intend", "plan", "estimate" and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur. Forward-looking information is based on information available at the time and/or management's good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond Visible Gold Mines' control. These risks, uncertainties and assumptions include, but are not limited to, those described under "Financial Risks" and "Risk Factors" in Visible Gold Mines' Annual Report for the fiscal year ended July 31, 2025, a copy of which is available on SEDAR at www.sedar.com, and could cause actual events or results to differ materially from those projected in any forward-looking statements. Visible Gold Mines does not intend, nor does Visible Gold Mines undertake any obligation, to update or revise any forward-looking information contained in this news release to reflect subsequent information, events or circumstances or otherwise, except if required by applicable laws.SOURCE Visible Gold Mines Inc.
Original: VISIBLE GOLD MINES ANNOUNCES TERMINATION OF MEGALI OPTION AGREEMENT ADJACENT TO PMET RESOURCES HIGH GRADE LITHIUM AND CAESIUM DISCOVERIES IN THE JAMES BAY REGION
bobbyinredwood
9年前
Now in full production with estimated costs around 400-500 per oz.
Mexus and JV partner MarMar confirm production at Santa Elena mine
By GlobeNewswire, September 11, 2017, 03:01:00 AM EDT
CABORCA, Mexico, Sept. 11, 2017 (GLOBE NEWSWIRE) -- Mexus Gold US (OTCQB:MXSG) ("Mexus" or the "Company") along with its joint venture partner, MarMar Holdings, today announced that they have produced gold in dore form as a result of its ongoing operation at the Santa Elena mine. Mexus CEO Paul Thompson added, "This is a monumental step for Mexus and MarMar as we have met our initial goal which was to get the Santa Elena mine into production. The finances of gold sales will be released in our quarterly reports but we will keep our investors informed as key financial goals are met. The ore we are currently placing on the heap leach pad is averaging 2 grams per ton with an expected recovery rate of 76%. We know now that the high grade near surface material we are mining will result in a lower overall cost of production."
Mr. Marco Martinez, CEO of MarMar Holdings Inc., commented that the recovery of gold will be ongoing now that the recovery system is in full working order. In addition, he stated that the goal is to bring production to 10,000 tons a day by year end.
Mexus Geologist Cesar Lemas added, "During the month of August, the first 3 meter heap leach layer was completed with approximately 30,000 tons of ore being processed. Contained metallics are in the order of 2,000 to 4,000 oz Au and 10,000 to 15,000 oz Ag. Continuous leaching and Merrill Crowe processing will gradually turn the contained values into dore via our recovery system. Mining will also continue with the next 3 meter high heap layer being placed. Solution monitoring by fire assays shows steady recoveries in the order of 1.0 to 2.7 g/m3 Au in 3 to 5 days with an additional 5 up to 43 g/m3 Ag. Continued leaching will concentrate pregnant solution to the optimum values for Merrill Crowe processing. The current flow rate of 50gpm will be gradually increased to 200gpm to achieve maximum processing capacity and overall production. Additional primary filters will improve flow rates and recoveries from the solution. Parallel electrowinning is being installed to trap some of the high grade pregnant solution spots."
Mr. Thompson added, "We are hitting our stride at the right time with the price of gold moving up and the Santa Elena mine beginning to produce gold. These are exciting times for Mexus and its shareholders."
About Mexus Gold US
Mexus Gold US is an American based mining company with holdings in Mexico. Mexus recently joint ventured its flagship property with MarMar holdings of Mexico. The fully owned Santa Elena mine is located 54km NW of Caborca, Mexico. The mine is producing gold. The company is also a partner with MarMar holdings at the San Felix mine in Northern Mexico. This 26,000 + acre property is ready for production which is planned for 2018. Mexus also owns rights to the Ures property located 80km N of Hermosillo, Mexico. This property contains 6900 acres and has both gold and copper on the property. Founded in 2009, Mexus Gold US is committed to protecting the environment, mine safety and employing members of the communities in which it operates.
For more information on Mexus Gold US, visit www.mexusgoldus.com.
Cautionary Statement
Forward looking Statement: Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.
CONTACT: Inquiries - Paul Dent, 425-478-4908 pdent@mexusgoldus.com
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