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Vanstar Mining Resources Inc. 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

Comment by RazorRamone777on Aug 27, 2020 8:56am
136 Views
Post# 31459414

RE:nelligan and SUP

RE:nelligan and SUPThank you Garland, after studying the SUP CP, I have a much clearer understanding of the excitement. You and others who share their knowlege and help mentor us armchair geologists, and Monday morning quarterbacks, make this a fun and fascinating hobby. I appreciate you calling this a good calculated "gamble". I have heard PG say many times, investing in the Jrs is "gambling" so do not bet more than you can afford to lose! Lots of upside potential at SUP and because they are not just a one trick pony and have other irons in the fire, the downside is limited. I can see where it must be frustrating to be capable to diseminate the information, and clearly see the way forward, only to see the drills spinng AT THE WRONG LOCATION! HAHAHA, We will get there eventually. Best of luck to all, and may God bless!
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