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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 marketsenseon Aug 04, 2020 6:35pm
107 Views
Post# 31364083

RE:RE:culprit

RE:RE:culpritJust a minute.  VSR is a 25% partner the last I looked.  That means they are entitled to receive 
material information in regards to Nelligan and should not have to beg or be deliberately left in
the dark.   I'm not a lawyer but it seems when it comes to partnerships,  entitlement is a legal
thing,  not a whim or a strategy to circumvent transparency and timely discosure to the benefit of only one partner.   Drill results are very material information that should not be legally witheld from
either party in a partnership,  or am I out to lunch on this issue?
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