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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 SPACEDOCon Nov 29, 2021 9:22am
151 Views
Post# 34175262

Nelligan news in update

Nelligan news in updateNelligan Update
The planned drilling program on the Nelligan Project has now finished and IAMGOLD is completing the logging and sampling of the last drill holes completed to evaluate the western extension of the Nelligan resources area. Results from the infill drilling are expected in the next few weeks and results from the west extension drilling phase will be available in the coming months. IAMGOLD is currently making preparations for a winter drilling program that will include a minimum of 5,000 m of drilling. Qualified Person Mr. Gilles Laverdire, consultant geologist and qualified person under NI 43-101 has read and approved this press release.
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