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Vanstar Mining Resources Inc. VMNGF


Primary Symbol: 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

Post by willyk3on Aug 06, 2021 4:13pm
200 Views
Post# 33664772

Hold on a sec

Hold on a secJust dawned on me that we only own...... say 20 % of the nelligan......so really 5 x 33 puts us in the same ballpark as First Mining...never mind all that....gold down 50 bucks today...but comparitivly not that much of a pullback on my gold basket.  
Strength in the dollar...give me a break...but its the fly in the ointment for the last twenty years


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