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Vanstar Mining Resources Inc. V.VSR

Metals & Mining Gold
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

Vanstar Mining Resources Inc.
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Comment by TruthBKnownon Aug 13, 2019 12:35pm
80 Views
Post# 30022427

RE:123.7 m grading 1.26 g/t Gold

RE:123.7 m grading 1.26 g/t GoldI agree. They're beyond the 100 measuring stick...length x grade...I remember John Embry saying it's a crude way of measuring value of intersection.  Anything over 100 is significant.

Anyway...maybe reaction is in comparison to previously reported intersections of 6 m grading 56g/t gold and 42 m grading 3.6 g/t gold.

Definitely onto something and it will add to resource.  Having IAMGOLD as partner is a huge plus as well.
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