Visible Gold Mines

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TSX.V : VGD | FSE : 3V41

News releases 2008

14FEB   
2008

Visible Gold Mines completed 2550 Meters at Hazeur Gold property : finds Gold at surface
 

Rouyn-Noranda, Québec, Canada – February 14, 2008 – Visible Gold Mines Inc. (VGD: TSX Venture Exchange) announces that it has intersected visible gold at surface at its Hazeur gold property. Eleven drill holes totaling 2550 metres have been completed. The drill holes are located on sections established at approximatively 150 m intervals along a 750m portion of the known gold bearing zone on the east side of the property. Drill holes have been drilled between 150m and 350m deep, perpendicular to the main East West mineralized zone.

Pictures of the core, the visible gold and location of the drill holes will be available shortly at our website at www.visiblegoldmines.com

The Hazeur property is located approximately 25 kilometres south-west of the city of Chibougamau. The property is easily accessible by the Barrette-Chapais-South road and various other logging roads which are located in this region.

The property is comprised of 147 mineral claims, covering a surface area of 2,382 hectares. The property was acquired from Fieldex Exploration in July 2007 and all of the claims are in full force and effect.

Ten gold showings have been identified on the property. The gold potential of the Coapatina metavolcanic-metasedimentary segment is evident by the presence of the Joe Mann mine, operated by Campbell Resources, the Philibert deposit and numerous gold showings that are dispersed along the segment. The Joe Mann mine, located approximately 15 kilometres east of the Hazeur property, has produced more than 1,000,000 ounces of gold and 22 million pounds of Copper since the 1950s. The Philibert deposit, located less than one kilometre to the east of the Hazeur property, contains resources from 1.4 Mt to 5.32 g/t. Au (MB-99-33: Government of Québec database).

Ongoing compilation, geophysical interpretation combined with 2006 and recent field work have guided the drill hole target generation. The trenching and stripping program, focused on the gold showings area, exposed widespread quartz veining in a shear zone. Extensive detailed channel sampling has been completed and returned value in gold up to 9.8 g/t

The Hazeur exploration program is conducted under the supervision of Mr. Laurent Hallé, P. Geo., Qualified Person as defined by National Instrument 43-101.

About Visible Gold Mines Inc.

Visible Gold Mines is a company focused on gold in the prolific Abitibi Gold Belt in Quebec. The Company has 25 369 929 shares outstanding, no debt and cash liquidity representing $0.21/share.

Forward-looking Statements

This news release contains certain forward-looking statements. These forward-looking statements are subject to a variety of risks and uncertainties beyond the ability Visible Gold Mines to control or predict, which could cause actual events or results to differ materially from those anticipated in such forward-looking statements, including risks disclosed in filings with the Canadian securities regulators made by Visible Gold Mines. Accordingly, readers should not place undue reliance on forward-looking statements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.

For further information, please contact:

Martin Dallaire, President and Chief Executive Officer
Telephone: 819-762-0609, Fax: 819-762-0097
E-mail: mdallaire@visiblegoldmines.com
Website: www.visiblegoldmines.com

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