Visible Gold Mines

Property Hazeur

Visible Gold Mines owns 100% of the Hazeur property comprising of 84 mining claims covering 27.4 Sq/km.  This property was acquired for its potential in base metals and gold, as well as its strategic position and relation to the deposit of Joe Mann and Philibert.  Recently, Tomagold and its partner Quinto Real Capital Corp have hit 6 high-grade gold intersections including 42g/t Au over 7.20 meters (Tomagold Press release 2013-02-20) with a north/south strike at their Monster Lake project located 4 km north of Visible Gold mines Hazeur project. Previously, Visible Gold has performed prospecting, trenching work and ground geophysics. In December 2007 and January 2008, Visible Gold undertook a drilling program on the Hazeur property south east of Chibougamau.

The Hazeur property is located at the eastern extremity of the North Volcanic zone of the Abitibi subprovince and, more precisely, within the Caopatina-Desmaraisville metavolcanic-metasedimentary belt. All the lithologies in the region belong to the Superior Province and are Archean in age, with the exception of Proterozoic diabase dykes. Caopatina segment is characterized by one metavolcanic-metasedimentary cycle that is divided into the Obatogamau and Caopatina formations. The Obatogamau Formation, situated at the base of the stratigraphic sequence, is interpreted as a vast sub-marine plain that consists of mafic to felsic metavolcanic centers scattered over tholeitic metabasalt. The Obatogamau Formation, which forms a long basin situated within a large regional syncline (the Druillettes syncline), is overlain by metasedimentary rocks of the Coapatina Formation. These rock units are crosscut by east-west-striking faults and overprinted by regional metamorphism that varies from the greenschist facies to the amphibolite facies.