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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 17, 2020 4:18pm
857 Views
Post# 31916543

re felix

re felixGlad to see you finally like something . The new addition has at least a dozen HEM and VLF anomalies from previous surveys .The older surveys ( 1977-80) were quite detailed and VSR could proceed to drill the best ones ( if accurately located). Very interesting anomaly in the southwest corner of the new aquisition .The best anomaly ( HEM and Mag together) is located near the key drill hole. This feature runs for almost 2500m. Vsr could target the strongest response, see what we get  (assays) and then do a very detailed drone survey if warranted. Bottom line - lots of exploration to do on Felix. Hopefully we start shortly as it is getting cold up there now. Cheers
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