Canstar Resources Inc V.ROX

Alternate Symbol(s): CSRNF

Metals & Mining Industrial Metals & Minerals

Canstar Resources Inc. is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration and development of mineral properties located in Canada. The Company’s flagship exploration project is the Golden Baie project in south-central Newfoundland. The Golden Baie project is the Company’s flagship precious metals exploration asset. Its 100%-owned Golden Baie Project (548.75 square kilometers) hosts 93 kilometers (km) of a structure similar to Newfound Gold's QueenswayGold Project. Its Buchans-Mary March projects (65.75 square kilometers), which include a Glencore joint venture, are located within the past, producing VMS zinc-copper-silver rich Buchans Mining Camp and boast high-grade zinc and copper discoveries. The Buchans-Mary March Project is located in central Newfoundland, 20 km northeast of the same geological group that hosts the former producing Buchans Mine. Its wholly owned subsidiary is Altius Minerals Corporation.

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Canstar Resources Inc

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Post by abe19on Mar 03, 2006 7:03pm

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Post# 10457465

What about this scenario if Canstar wins.....

My understanding is that the Mary March property is AN UNBELIVABLY HUGE deposit. Somebody please correct me if I am wrong or if I am overstating. If Canstar wins the court case and when the dust settles what about if Canstar was to spin off the Mary March part into a seperate company? IMA Exploration did this with their Navidad discovery in Argentina due to the fact that Navidad was/is so huge it was dragging down their other plays. Any thoughts. TIA Abe19

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