Mr. Martin Dallaire reports

VISIBLE GOLD MINES COMMENCES DRILLING ON THE SOUTH BLOCK OF THE JAMES BAY PROJECT 167

Visible Gold Mines Inc.'s geological team and drill crews have been mobilized to its project 167 to complete the third phase of its winter diamond drill exploration program, which has the objective of testing strong electromagnetic anomalies identified on the south block of project 167, located approximately eight kilometres off the 167 provincial road. This third phase of the winter drilling campaign will consist of up to six holes totalling a minimum of 900 metres of drilling. None of the prospective targets have been historically drilled. Chibougamau Diamond Drilling Ltd. of Chibougamau, Que., has been engaged to conduct the current drilling campaign.

A map outlining the drill holes location is now available on Visible Gold Mines's website. Visit the company's website for interactive map and pictures.

Qualified persons

Jeannot Theberge, PGeo, a consultant to Visible Gold Mines, is the qualified person on project 167 information presented in this press release under National Instrument 43-101, standards of disclosure for mineral projects, and is responsible for the technical contents of this press release, and has approved the disclosure of the technical information contained herein.

Quality control

Visible Gold Mines has implemented and adheres to a strict quality assurance/quality control for the current exploration program. It includes one mineralized gold standard, one duplicate and one blank for each batch of samples. Analyses are performed by ALS Chemex, Val d'Or, Que., or Techni-Lab, Ste-Germaine-Boule, Que., both accredited laboratories.

About Plan Nord project 167

In 2011, when the Quebec government launched its ambitious Plan Nord project to develop Quebec's north, including the construction of a 243-kilometre-long all-season road that links Stornoway's Renard diamond project to the provincial highway network, Visible Gold Mines' management decided to acquire the available mining rights along each side of the new road in order to have access to new outcrops and strippings generated by the road construction. Visible Gold Mines acquired claims by acquisition and staking, and so project 167 was born. Out of the 140 kilometres of new road available for mining exploration (the first 102 kilometres are a planned provincial park), Visible Gold Mines owns more than 110 kilometres. The 167 provincial road was completed in October, 2014, at a construction cost of approximately $350-million. Project 167 is 100-per-cent owned by Visible Gold Mines, with the exception of 80 mining claims comprising the north block, in which Visible Gold Mines currently has a 90-per-cent interest. Project 167 covers approximately 61,178 hectares, or 611 square kilometres.