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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 RazorRamone777on Aug 28, 2020 10:19am
135 Views
Post# 31469211

Can you imagine how big this could get...

Can you imagine how big this could get...with the present 43-101 being based on holes that were not drilled deep enough, with what we know about higher grades underneath? With the data that SUP to the west has that makes them believe the Renard zone continues onto their property 1.2km to the west from our most westerly hole? With the zone still open to the north and to depth? THIS COULD BE HUGE!!! Lets not get excited to sell for chump change. In the meantime, lets go with Garland's plan and drill our 100% owned Felix, where an old hole drilled in 1977 (when gold was $143 per oz) showed an average of 1.48g/t - 70.0+ m but was only drilled to 107m. This is almost too good to be true! I have heard others speak of spinning off the Felix and the other properties. That to me is ABSURD!
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