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 diabase1on Aug 15, 2019 6:05pm

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Post# 30034144

Financing?

Canstar needs money for their fall 2019 drill programs. Probably $500,000. Who best to find the funds than Dave Palmer and Dennis Petersen, 2 very experienced mining guys on the Board. I would think 3000m of drilling would be good for Phase 1, about 10 holes at 300m each. For $500,000, that's 10M shares at 0.05, which brings the outstanding shares up to 56M shares. NOT BAD. Go for it Chris!!!!!!!!!!!

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