Visible Gold Mines' Stadacona continues to provide strong results - IP survey completed



    /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
    DISSEMINATION IN THE UNITED STATES/

    ROUYN-NORANDA, QC, April 1 /CNW Telbec/ - Visible Gold Mines Inc. (VGD:
TSX Venture Exchange) is pleased to announce the results from the 2008
drilling program on the company's Stadacona gold project. The property is
located in the centre of Rouyn-Noranda Township in northwestern Quebec. The
property is comprised of 78 mineral claims, covering a surface area of 1,563
hectares. All of the claims are in full force and effect.
    The two past producers, the Noranda Mine and the Stadacona Gold Mine are
situated approximately 1.0 km north and 400 m west, respectively, from
northern and western boundaries of the Stadacona East property.
    The property is underlain by mafic to felsic metavolcanic rocks of the
very important Blake River Group. Two economically significant structures host
gold mineralization on the Stadacona East property (see the 43-101 technical
report on our website, www.visiblegoldmines.com).
    Martin Dallaire, the president and CEO stated, "This 2008 drilling
campaign has confirmed continuity of the gold mineralized zone in depth on the
west part of the property and provide us very encouraging high grade results
on the east side of the property. These results support our strong belief that
excellent potential exists on the property."
    A geophysical campaign was also carried out over the property, a total of
29.8 km of magnetic surveying and 23.6 km of IP surveying were carried out
over three blocks on the east side of the property. A total of twenty-five
anomalies were interpreted and drilling could be carried out over eight of the
most promising IP anomalies. A 2009 drilling campaign will be announced to
test those anomalies. The survey report is available on our website.

    
                     2008 Stadacona-East Drilling Results

    -------------------------------------------------------------------------
    Hole  Holes location    Azi-       Length                 Length  Grade
    no.    (UTM NAD 83)     muth   Dip   (m)    From      To     (m) (g Au/T)
          --------------
          EAST     NORTH
    -------------------------------------------------------------------------
    FB-
    08-   646673  5342624    150    65  1200   908,0   912,2     4,2    5,39
    112
    -------------------------------------------------------------------------
    FB-
    08-                                       cancel- cancel- cancel- cancel-
    112A  646673  5342624                 90     led     led     led     led
    -------------------------------------------------------------------------
                                               781,1    782,5    1,4    2,60
    FB-                                     ---------------------------------
    08-   646673  5342624    154    54   532   779,6    783,6    4,0    1,20
    112B                                    ---------------------------------
                                               916,6    919,1    2,5    3,98
    -------------------------------------------------------------------------
    FB-
    08-   646673  5342624    145    65   477   904,8    906,3    1,5    0,94
    112C
    -------------------------------------------------------------------------
                                               585,0    586,0    1,0    4,50
                                            ---------------------------------
                                               959,2    960,3    1,1    2,20
    FB-                                     ---------------------------------
    08-   646756  5342581    150    70  1092   973,0    985,0   12,0    3,70
    113                                     ---------------------------------
                                               988,0    989,0    1,0    3,10
                                            ---------------------------------
                                               998,0    999,0    1,0    2,78
    -------------------------------------------------------------------------
                                               585,0    586,5    1,5    1,78
                                            ---------------------------------
                                               714,5    716,3    1,8    3,40
                                            ---------------------------------
                                               720,8    722,3    1,5    2,87
    FB-                                     ---------------------------------
    08-   646756  5342581  160,2  62,3   640   973,8    975,0    1,3    2,55
    113A                                    ---------------------------------
                                               977,5    979,0    1,5    2,43
                                            ---------------------------------
                                               982,0    984,4    2,4    3,23
    -------------------------------------------------------------------------
                                                55,4     56,4    1,0    4,70
    FB-                                     ---------------------------------
    08-   646863  5342604    150    65   900   659,1    660,8    1,7    6,28
    114                                     ---------------------------------
                                               850,5    852,0    1,5    2,35
    -------------------------------------------------------------------------
                                               748,8    751,7    2,9    3,50
    FB-                                     ---------------------------------
    08-   646756  5342581    137    58  1100   799,1    800,1    1,0    4,80
    115                                     ---------------------------------
                                               914,4    915,4    1,0    1,85
    -------------------------------------------------------------------------
                                               393,5    395,5    2,0    0,97
                                            ---------------------------------
                                               532,9    533,9    1,0    1,00
    FB-                                     ---------------------------------
    08-   646870  5342950    135    60  1500   643,4    644,4    1,0    1,10
    116                                     ---------------------------------
                                             1 098,8  1 101,4    2,6    2,03
                                            ---------------------------------
                                             1 272,4  1 273,4    1,0    2,70
    -------------------------------------------------------------------------
                                               483,4    484,4    1,0    1,00
    FB-                                     ---------------------------------
    08-   646870  5342950    145    63  1512  1 062,1  1 062,7   0,6    4,00
    117                                     ---------------------------------
                                              1 122,0  1 123,0   1,0    0,60
    -------------------------------------------------------------------------
                                                 62,2     63,1   0,9   23,00
    FB-                                     ---------------------------------
    08-   648003  5344054    145    60  1026    607,8    608,5   0,7    7,70
    118                                     ---------------------------------
                                                956,3    957,8   1,5    2,99
                                            ---------------------------------
                                                979,1    981,8   2,7    1,83
    -------------------------------------------------------------------------
    FB-
    08-   650196  5342455    340    61   862
    119                                                                trace
    -------------------------------------------------------------------------
    

    Options

    Visible Gold Mines' board of directors has granted an aggregate of 50,000
stock options to a director of the company. The exercise price of the options
is $0.20 and are for a term of five years. The options were granted pursuant
to Visible Gold Mines' stock option plan.

    Quality Assurance/Quality Control

    Visible Gold Mines has implemented and adheres to a strict Quality
Assurance/Quality Control program which includes mineralized standards and
blanks for each batch of samples. Assay samples are taken from drill core
sawed in half with one half sent to a commercial laboratory and the other half
retained for future reference. Analyses are either performed by Techni-lab
S.G.B. Abitibi inc. in Sainte-Germaine, Quebec, or by Expert Laboratory Inc.
in Rouyn-Noranda, Quebec, both accredited laboratories.

    Qualified Person

    The 2008 drilling program was carried out under the supervision of
Laurent Hallé, geologist and qualified person as per 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 Canada. The Company has 25,369,929 shares outstanding, no debt
and cash liquidity of $1.3 millions representing $0.05 per 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.
    %SEDAR: 00025339E




For further information:

For further information: Martin Dallaire, President and CEO, (819)
762-0609, Fax: (819) 762-0097, mdallaire@visiblegoldmines.com;
www.visiblegoldmines.com

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