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 smackdown71on Nov 05, 2014 9:43am

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Post# 23096531

Questions for Today's Conference Call

Good Morning

IP: Please elaborate on the “efficacy” of the IP now that we have shown mineralization from the targets on Nancy April as it relates to the two horizon’s in westward direction (I believe).
IP: With respect to the above – is there a correlation between the deep reds and pinks on the IP map and grade/width?
IP: Can you update the IP survey map with the recent drill hole locations?
Grade vs. Width: At this early stage in drilling of the Nancy April does an intersection of 93 MM give any indication of future size or potential of an economic ore body – in that, is there a correlation between width and an eventual discovery? Or is grade the only relevant factor at this point?
Mineralization: Decent Copper grade showed up in the Nancy April drill results – was this visible and does this change your original thesis of a lower grade copper/high grade zinc with high grade silver/gold credits?
Minor feedback from an analyst: The comment was “the 93 MM intersection was at the 200MM depth making this less exciting” – does really mean anything at this point or is this more likely an off -the -cuff comment?

Cheers