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Visible Gold Mines Inc V.VGD

Alternate Symbol(s):  VGMIF

Visible Gold Mines Inc. is a mining exploration company involved in the acquisition and exploration of mineral properties with prospects for hosting gold and lithium mineral deposits. Its projects include MegaLi Project, NataLi Project, CarLi Project, and Veronik Property. The MegaLi property (78 mining claims) is located in the region of James Bay, Quebec, covers about 3,996 hectares (ha) of mining land. The NataLi property (107 mining claims) is located in the region of James Bay, Quebec, covering about 5,667 ha of mining land package located 25 kilometers (km) west of Critical Elements' Rose lithium deposit. In CarLi Project, it owns about 125 mining claims covering an area of about 6,400 ha on the newly identified Wachiskw's intrusion. The Veronik property is located about 75 km southeast of Hecla’s Casa Berardi gold mine. The Veronik property is underlain by the mafic volcanic rocks and gabbros of the Clermont-Disson Formation, in the eastern part of the Archean Abitibi belt.


TSXV:VGD - Post by User

Bullboard Posts
Post by blueskyflyeron Mar 18, 2015 8:31pm
112 Views
Post# 23536528

can we get some of this?

can we get some of this?
KIRKLAND LAKE GOLD ANNOUNCES RECORD PRODUCTION OF
16,485 OUNCES OF GOLD IN FEBRUARY
Toronto, Ontario (March 18, 2015) - Kirkland Lake Gold Inc. (“Kirkland Lake Gold” or the “Company”),
an operating and exploration gold mining company, announces record monthly production of 16,485 ounces
of gold (recovered) for the month of February, kicking off its fourth quarter for fiscal 2015.
Highlights:
 32,862 tons milled at a head grade of 0.52 ounces per ton (“opt”) or 17.8 grams per tonne
(“g/t”) and a recovery rate of 96.8%.
 Recovered 16,485 ounces of gold.
Mr. George Ogilvie, President & Chief Executive Officer commented, “We are happy to see the positive
momentum continuing, particularly considering February was only a 28 day month. While this is an
exceptional month and one we cannot consistently replicate just yet, it does show the potential of the
property in future years. As more stopes come online in the South Mine Complex on both the 5400 level
(where we are currently mining and where reserves grades are 0.57 opt or 19.5 g/t), and the 5600 level
(which we plan to gain access to in fiscal 2016, where reserves grades are 0.70 opt or 24.0 g/t), we should
begin to see more consistent performance and above our last 12 month performance. Our recently revised
forecast upward to 153,000 to 157,000 ounces of annual production remains intact.”
Bullboard Posts