# VISIBLE GOLD EXPANDS HORSEFLY GOLD PROPERTY BY 170 KM&\#xB2; IMMEDIATELY WEST OF IAMGOLD'S NELLIGAN MINING COMPLEX

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/visible-gold-expands-horsefly-gold-property-by-170-km-xb2-immediately-west-of-ia--31ac3dcf-9167-4e39-bbfd-e705e10511e1

Original source: https://money.tmx.com/en/quote/VGD/news/5815913910232358/visible-gold-expands-horsefly-gold-property-by-170-km-xb2-immediately-west-of-ia

Publisher: tmx

Original announcement: 2026-03-02T12:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Visible Gold Mines Inc.

- Ticker: VGD

- Exchange: TSX

- Region: Québec

- Primary commodity: Gold

- Secondary commodities: Copper

- Document categories: Agreement transaction, Drill results

- Extracted: 2026-08-21 01:38:23 UTC

Narrative sentiment: 0.70 · Bullish

## Minestarters Atlas summary

Visible Gold Mines Inc. has acquired 304 mining claims, expanding its Horsefly property by 170 km² adjacent to IAMGOLD's Nelligan Mining Complex in Québec. The expansion includes historical high-grade gold and copper intercepts and is positioned within a prospective orogenic gold setting.

Reasoning: The company has significantly expanded its land package adjacent to a major producing complex, supported by high-grade historical gold intercepts.

- Positive factor: Strategic acquisition of 170 km2 contiguous to IAMGOLD's Nelligan complex

- Positive factor: High-grade historical intercepts reported

- Positive factor: 100% unencumbered interest acquired

- Negative factor: Historical data used \(not new drilling\)

- Negative factor: True widths and depths not determined for historical intercepts

Facts used in scoring: 4

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release mentions a Qualified Person \(Louis Martin, P.Geo.\) has reviewed and verified the historical assay results.

Evidence · text

> All scientific and technical information of this press release has been reviewed and approved by Louis Martin, P.Geo. \(OGQ\), a consultant to the Company and a Qualified Person

**Apparent Width Only**

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states that the depth and true widths of the historical intercepts have not been determined.

Evidence · text

> The depth and true widths of these intervals have not been determined.

## Extracted facts

Stored fact records: 0. Some facts used in scoring do not have a stored record.

No stored fact records are available for this extraction.

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.