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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

Post by Kissimmeeon Mar 01, 2021 5:13pm
240 Views
Post# 32690968

Vsr

VsrAdding this stock to my portfolio.  Thank you Garland for your update.  I only see upside for this stock going into IMG'S spring/summer drilling program.  
Looking forward to assay results from Felix as I find this a very intriguing prospect.  

Lots of compelling value here in particular  $0.10 per share in the bank and also the value of th NSR for financial leverage.
Might be quiet money for the moment but that will change going forward. 
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