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Vanstar Mining Resources Inc. V.VSR

Vanstar Mining’s Nelligan gold project joint venture with IAMGOLD (25% VSR/75% IMG), located 60 kilometres SW of Chibougamau, Quebec. Vanstar retains 25% undivided non-contributory carried interest until commercial production. Nelligan is one of Quebec’s largest gold projects containing approximately 5.6 Moz of gold. Vanstar has signed an LOI with IAMGOLD to acquire a 75% interest in their Bousquet-Odyno property. The project is 6km from IAMGOLD’S Westwood mine.


TSXV:VSR - Post by User

Comment by blueskieson Jul 04, 2022 8:55pm
95 Views
Post# 34800637

RE:re img

RE:re img Just as easy as offering up 500,000,000 shares, I'm sure we could sell at least 10,000,000 of them at 0.35:)

I joke, because I agree with you.

I also don't think VSR is a company who can build this mine on its own and I don't think it has the people involved to be able to secure the funds required to both purchase the project and then to build it.

More likely a company like Agnico buys VSR and the the rest of the project from IMG.


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