Visible Gold expands Horsefly Gold Property by 170 KM² immediately  West of  IAMGOLD’S Nelligan Mining Complex

Visible Gold Mines Inc. is pleased to announce the expansion of its wholly-owned Horsefly property through the acquisition of a 100% undivided interest in 304 mining claims 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 recognised for its gold-bearing potential.

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.”