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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 garlandon Jul 02, 2020 11:41pm
272 Views
Post# 31219148

three remaining holes

three remaining holesPlease understand that two of these holes out to the east I am expecting to encounter some 115m of gold mineralization based on the  offset locations .That is 377 feet or an extremely large number of individual assays - probablly up to 400 + That takes alot of time .Add some high grade that has to be recapped and you get to do it all over again! Thats the delay - it is only good news .We have to wait for it. Get preparedin my estimation for a summer of drilling another 25 - 40 holes that we get a free ride on that blows the roof off on the size of this deposit!
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