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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 Nov 05, 2020 1:05pm
398 Views
Post# 31842860

additional perspective on sup

additional perspective on supSup's target # 1 encompasses an area almost 2.0km long by 1.75km wide - a very large rectangle. The first reported hole is located in the extreme southeast corner - right up against our western boundary. This hole represents maybe 10% of the drilled off exploration block. Alot more is to come. This is a very expansive exploration program and is covering a huge amount of ground!!! They will very quickly get all the answers they need. Now Sup is moving on to or has drilled two additional mag lows further west in the corridor - raw exploration and will be very interesting indeed. Bottom line , Sup has found gold in 10 % of target 1. The remaing 90% is coming (1.75 x1.75km ) in 6 additional holes .Lots of upside to come ( food for thought- Sup/Vsr merger then takeout by Nugold??) Img didn't see that coming LOL
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