Last C$0.10 CAD
Change Today -0.015 / -13.04%
Volume 194.0K
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As of 3:59 PM 10/30/14 All times are local (Market data is delayed by at least 15 minutes).

visible gold mines inc (VGD) Snapshot

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06/12/14 - C$0.12
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12/6/13 - C$0.02
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visible gold mines inc (VGD) Details

Visible Gold Mines Inc. is engaged in the acquisition and exploration of gold mineral deposits in Canada. It holds 100% interest in the Rapide Elliot, Hazeur, Stadacona, Disson, Silidor, Projet 167, and Green Giant properties; and 40% interest in Capricorne property. The company was incorporated in 2007 and is headquartered in Rouyn-Noranda, Canada.

Founded in 2007

visible gold mines inc (VGD) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: --
Chief Financial Officer, Secretary, Director ...
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

visible gold mines inc (VGD) Key Developments

Visible Gold Mines Inc. Discovers High Grade Gold Boulders on its New Project in the James Bay Region

Visible Gold Mines Inc. announced the discovery of four rusty and angular boulders located on the south part of its new project called '167 EXTENSION'. The project is located approximately 320 kilometres north of Chibougamau city in the James Bay region in the heart of Plan Nord territory. The 167 EXTENSION project is 100% owned by Visible Gold Mines. The erratic boulders were discovered over a distance of 400 metres (near km105) along the new road under construction that links Stornoway's Renard Diamond project to the provincial highway network. A recent prospecting and mapping fieldtrip also outlined another interesting area north of the discovery along the construction road over a distance of 500 meters. Several rusty and angular erratic boulders were discovered. The boulders are primarily composed of alteration minerals with semi-massive to massive sulphides. Samples from these boulders were sent for analysis and results will be released as they become available. Following the receipt of all sample results, the Visible Gold Mines geological team will review the results and establish an exploration program in order to define the bedrock sources of these mineralized boulders. A gabbroic outcrop sample about 200 metres north has returned 0.6 g/t of gold.

Visible Gold Mines Inc. Amends By-Law

Visible Gold Mines Inc. at its annual and special meeting of shareholders held on November 29, 2013, approved an amendment to By-Law No. 1.

Visible Gold Mines Inc. Reports Audited Earnings Results for the Year Ended July 31, 2013

Visible Gold Mines Inc. reported audited earnings results for the year ended July 31, 2013. For the period, the company reported operating loss of CAD 3,067,958 compared to CAD 948,269 a year ago. Loss before income taxes was CAD 3,055,879 compared to CAD 912,861 a year ago. Net loss was CAD 2,426,274 compared to CAD 839,923 a year ago. Basic and diluted net loss per share was CAD 0.04 compared to CAD 0.02 a year ago. Cash outflows from operating activities were CAD 244,905 compared to CAD 811,667 a year ago. Additions to mining properties were CAD 52,631 compared to CAD 66,169 a year ago.


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