Visible Gold Mines is a mining company that focuses on identifying and developing a major gold deposit in Quebec, an area that is known as one of the most mining-friendly jurisdictions in the world. The company’s portfolio covers a land package of over 67,900 hectares
Visible Gold Mines is a publicly listed company that trades on the TSX Venture Exchange market (TSXV), under the ticker ‘VGD’. In addition to the TSXV, the mining company is also listed on OTC Pink market and Frankfurt Stock Exchange under the symbol ‘VGMIF’ and ‘3V41’, respectively.
Visible Gold Mines focuses on exploring and developing the following properties:
Piko gold/copper property
Visible Gold Mines owns and operates 50 mining claims on this property situated east of the Dumont Nickel project of Royal Nickel. The Piko property covers a land package of nearly 25 square kilometers.
Veronik gold property
Visible Gold Mines owns and operates 130 mining claims on this property situated SE of Hecla’s Casa Berardi gold mine. The Veronik gold property covers a land package of nearly 62 square kilometers.
It is situated north of Chibougamau city and includes 1,156 mining claims in the James Bay region and covers a land package of 611 square kilometers.
Green Giant property
It is situated in the Abitibi region of NW Quebec, north of Amos town and south of the former Sleeping Giant mine. The Green Giant property includes 74 mining claims and covers 35.89 square kilometers in area.
The company owns and operates a 100 per cent stake in this property which is situated at the eastern extremity of the North Volcanic Zone. It includes 84 mining claims and covers 27.4 square kilometers in area.
Lucky Break/Cadillac property
The company entered into an option agreement in December 2010 to explore a land package in the west of Rouyn-Noranda which includes 5,043 hectares.
Stadacona-East gold property
It includes 78 mining titles and is situated in the center of Rouyn Township in NW Quebec and covers 14 square kilometer land package. It is surrounded by two past producers, including the famous Horne mine and the Stadacona gold mine.
It is situated west of Rouyn-Noranda. The company bought a 100 per cent stake in 13 claims in this property from Newmont Mining and IAMGOLD Corporation.