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Spod Lithium Provides Update ON Optioned Visible GOLD Mines' Megali Lithium Project

Drill Results Property Options & Staking Sampling & Geoscience Results

SPOD LITHIUM PROVIDES UPDATE ON

OPTIONED VISIBLE GOLD MINES' MEGALI

LITHIUM PROJECT

ROUYN-NORANDA, QC

,

Oct. 14, 2022

/CNW Telbec/ -

Visible Gold Mines Inc.

(TSXV: VGD)

(

FRANKFURT

: 3V41) is pleased to inform shareholders that below, you will find the portions of

SPOD Lithium (CSE: SPOD) (formerly named EEE Exploration inc.) press release dated

October 6,

2022

dealing with the Megali lithium project optioned from Visible Gold Mines Inc. (see Visible Gold

Mines press release dated

August 4, 2022

).

Visible Gold Mines is very pleased with the rapid work program being undertaken by SPOD Lithium

and the positive visuals from satellite imagery studies as reported by Japosat (see complete

Japosat report and maps on

spodlithiumcorp.com

).

SPOD LITHIUM PROVIDES UPDATE ON OPTIONED VISIBLE GOLD MINES’ MEGALI LITHIUM

PROJECT (CNW Group/Visible Gold Mines Inc.)

Visible Gold Mines' 100% MegaLi project under option (for 50%) with SPOD Lithium consists of 78

mineral claims covering a total area of 3,996.67 hectares (40 square kilometers). The project is

adjacent to Patriot Corvette project (see map) and located proximal to the Trans-Taiga Road,

airport and power line infrastructural corridor in the

James Bay

region in the province of Quebec.

About Visible Gold Mines Inc.

Visible Gold Mines is a corporation focused on gold in the prolific

Abitibi Gold Belt

and the

James

Bay

region in the province of

Quebec

. The Corporation has 33,827,039 common shares outstanding.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the

release.

Website:

www.visiblegoldmines.com

SOURCE

Visible Gold Mines Inc.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/October2022/14/c1028.html

%SEDAR: 00025339E

For further information:

Martin Dallaire, President and Chief Executive Officer, Telephone: 819-

762-0107, Fax: 819-762-0097, E-mail: [email protected]

CO: Visible Gold Mines Inc.

CNW 08:00e 14-OCT-22